ChartWatchers January 23, 2010 at 10:45 PM
Ask any NFL coach and he'll tell you unequivocably that defense wins championships. If you're looking for market-beating returns, then you'd better improve your defense first, then your offense... Read More
ChartWatchers January 23, 2010 at 05:20 PM
The past week was punctuated with sharp stock market weakness, with many pundits believing that it is transitory and doesn't have the makings of a larger top... Read More
ChartWatchers January 23, 2010 at 05:15 PM
John Murphy is on hiatus this week... Read More
ChartWatchers January 23, 2010 at 05:13 PM
The S&P 500 has finally decisively broken down through the support formed by the rising trend line that marks the bottom of the ascending wedge formation. This was the technical expectation, but the market sure did fight it... Read More
ChartWatchers January 23, 2010 at 04:48 PM
Hello Fellow ChartWatchers! I am thrilled to officially announce that StockCharts... Read More
ChartWatchers January 22, 2010 at 08:46 PM
Offensive sectors took a hard hit in January. Offensive sectors include technology, consumer discretionary, industrials and finance. I call them the offensive sectors because their participation is key to a bull market. Technology represents growth and the appetite for risk... Read More
ChartWatchers January 09, 2010 at 03:49 PM
On Tuesday, I showed the financial sector in the process of turning from a market laggard into a market leader. Chart 1 shows that new financial leadership continuing. The Financials SPDR (XLF) has now exceeded its mid-November peak at 15... Read More
ChartWatchers January 09, 2010 at 03:36 PM
Happy New Year!!!! It's been awhile since I've spoken about the financials in a positive light. As sector rotation continues though, it appears as if the financials may get their turn after all... Read More
ChartWatchers January 09, 2010 at 03:28 PM
Rotation, rotation and more rotation. This is what 2010 will be about, with the first week of trading a very good example of what to expect... Read More
ChartWatchers January 08, 2010 at 09:13 PM
One would think, after a three-week hiatus, that there would be plenty to write about the market. But there isn't. The S&P 500 has drifted higher in an ever-narrowing ascending wedge pattern, making little progress... Read More
ChartWatchers January 08, 2010 at 08:07 PM
With the advance over the last 3-4 weeks, Net New Highs expanded to their highest levels since October. Net New Highs equals new 52-week highs less new 52-week lows. The bulls have a clear edge when Net New Highs are positive and rising... Read More
ChartWatchers January 08, 2010 at 05:54 PM
This is the next part of a series of articles about Technical Analysis from a new course we're developing. If you are new to charting, these articles will give you the "big picture" behind the charts on our site... Read More