ChartWatchers

July 2023

ChartWatchers

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Earnings Momentum May Push the Stock Market to New Highs

by Jayanthi Gopalakrishnan

"Bearish engulfing pattern," "outside day," "key reversal"—all of these are terms you may have heard after the stock market's performance on Thursday. But one day's price action doesn't necessarily make a trend... Read More 

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Will the Fed End Its Tightening Cycle in September?

by Jayanthi Gopalakrishnan, Karl Montevirgen

The Fed raised interest rates by 25 basis points—no surprise there. The stock market has priced in a 25-basis point rate hike, which will bring interest rates to the 5.25% to 5.5% range. That's the highest the Fed funds rate has been in 22 years... Read More 

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Stock Market on Its Way to Highs: Will Tech Earnings be the Catalyst?

by Jayanthi Gopalakrishnan

The next couple of weeks should prove to be an exciting time for the stock market. Technology stocks will be dominating the earnings calendar, with Microsoft (MSFT), Alphabet (GOOGL), and Meta Platforms (META) reporting on the week of July 24... Read More 

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Hidden Gems: A Simplified Method to Find the Best Stocks

by Jayanthi Gopalakrishnan

When broad equity indexes move higher and higher and you don't actively add stocks or ETFs to your portfolio, it's natural for you to think that you may have missed the ride, as some of the stocks you really wanted may now be priced too high... Read More 

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Gold Mining Stocks vs Gold: What's the Turnaround Trigger?

by Karl Montevirgen

Popular investing articles tend to get it all wrong when it comes to gold. Most say that gold mining stocks are a way to get gold exposure. Well, they're sort of right, but over time, this advice might have taken you far...but in the wrong direction. See for yourself... Read More 

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Earnings Season in Full Swing: What You Can Expect

by Jayanthi Gopalakrishnan

As the trading week ends, the better-than-expected earnings from three big banks, Delta Airlines (DAL), and Pepsi Co (PEP) added more excitement to end an exciting trading week... Read More 

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Bank Earnings Showdown: Emerging Trends You Need To Know

by Jayanthi Gopalakrishnan, Karl Montevirgen

Bank earnings hold a lot of weight on Wall Street. This week, the intensity is set to ratchet up as investors, Wall St., and the Fed closely watch how the banks have performed since their last earnings... Read More 

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Fasten Your Seatbelts: Earnings Season in the Spotlight

by Jayanthi Gopalakrishnan

On Thursday, the ADP jobs number came in much higher than expected, and annual pay rose at a 6.45% rate. The FOMC minutes earlier this week were tilting towards a hawkish bias. The strong jobs market and the hawkish comments spooked investors... Read More 

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Are Gold (GLD) and Silver (SLV) Poised for a Rebound?

by Karl Montevirgen

Gold and silver prices fell on Thursday morning after the US ADP report showed the largest monthly increase since July 2022. The private sector added 497,000 in June, more than twice what economists had expected... Read More 

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Does Japan's Bullish Resurgence Have Staying Power?

by Karl Montevirgen

After a dormant period of three decades, which saw scant interest from international investors, Japanese stocks appear to be making their way once again into the limelight... Read More