ChartWatchers January 21, 2006 at 11:04 PM
Wall Street took a pounding on Friday and the Dow took the biggest technical beating of all the major indices. The Nasdaq, S&P 500 and Russell 2000 all remain above their 3-Jan lows, but the Dow broke below its 3-Jan low. This shows relative weakness and bodes ill for the Dow... Read More
ChartWatchers January 21, 2006 at 11:03 PM
While mining gold has become very profitable, there are many signs that future prices are being undermined. For example, our first chart shows total assets and cash flow for Rydex Precious Metals Fund... Read More
ChartWatchers January 21, 2006 at 11:02 PM
SHARPCHARTS2 BETA 7 DUE OUT ON FEBRUARY 1st! We continue to work feverishly here at StockCharts getting the final "Beta" version of our new SharpCharts2 charting tool ready for its February 1st debut... Read More
ChartWatchers January 21, 2006 at 11:01 PM
A week ago Thursday I wrote a message entitled: "Low Volatility (VIX) Index May Increase Market Risk in 2006 -- S&P 500 Pulls Back From Overbought Condition" (January 12, 2006). The next two charts are updates of the ones shown at that time... Read More
ChartWatchers January 21, 2006 at 11:00 PM
Jitters have crept back into the stock market with last Friday's big drop in the major averages. In addition to breaking the Dow's low from the start of the year, Friday's selloff ended with the first close below the 50-day moving average since the end of October... Read More
ChartWatchers January 07, 2006 at 11:05 PM
Despite a strong start in the S&P 500 this year, the Retail HOLDRS (RTH) remains under pressure and is lagging the overall market. This is not a good sign for the industry group or the Consumer Discretionary sector, which is heavily weighted towards retail stocks... Read More
ChartWatchers January 07, 2006 at 11:04 PM
I am often asked to make an annual forecast, and I frequently oblige, but this year I'd like to take a different approach. Rather than making a "forecast," let's make an assessment of some significant factors that will be affecting market progress in 2006... Read More
ChartWatchers January 07, 2006 at 11:03 PM
The first 4-days of US trading has shown nothing but gains; and we believe that this "euphoria" is providing an upcoming opportunity to be come short the technology sector as a whole... Read More
ChartWatchers January 07, 2006 at 11:02 PM
SHARPCHARTS 2 BETA 7 TO LAUNCH ON FEBRUARY 1ST - As we mentioned above, the next version of our SharpCharts2 charting tool will appear on February 1st... Read More
ChartWatchers January 07, 2006 at 11:01 PM
The market is starting the new year with a bang. Virtually all of the major market averages have risen to new 52-week highs. Some of that new optimism is the result of the Fed minutes released earlier in the week hinting that it might be close to ending its rate-hiking... Read More
ChartWatchers January 07, 2006 at 11:00 PM
Wow! Six years into the new millennium already - and into StockCharts.com's seventh year of existence! Last year was our strongest year ever as we continued to expand our site and our subscribership... Read More
