ChartWatchers

September 2023

ChartWatchers

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Stock Market Weekly Wrap-Up: The Charts You Need to Have on Your Radar Now

by Jayanthi Gopalakrishnan

As Q3 and a dismal September end, some interesting dynamics are playing out in the stock market. You can blame higher interest rates for some of the disjuncture that's going on... Read More 

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Energy Sector Roulette: Bullish Signals, Sluggish Projections

by Karl Montevirgen

The Energy sector has the highest percentage of analyst buy ratings (around 64%) of all S&P sectors in the US stock market. The kicker, however, is that these same analysts project Energy to have the smallest price increase (a mere 10.7%) among all sectors in the next 12 months... Read More 

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S&P 500 Turnaround: 3 Charts You Need To Watch

by Jayanthi Gopalakrishnan

Last week wasn't the most optimistic on Wall Street. Even though the US economy is growing, Federal Reserve Chairman Jerome Powell's comments after the Fed meeting weren't what investors wanted to hear. The Federal Reserve's decision to keep interest rates steady at 5.25–5... Read More 

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Seasonality and Fundamentals Converging on GLD

by Karl Montevirgen

Gold has been hovering in a range over the last three months. It's as if the yellow metal was waiting for something major to knee-jerk its trajectory. Maybe you're bullish on gold for reasons straying beyond mainstream economic or geopolitical uncertainties... Read More 

ChartWatchers

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Timing the Market With the WillTrend Indicator

by Karl Montevirgen

Successful market timing relies on choosing the right market to time. In the StockChartsACP suite of Larry Williams plug-in indicators, three of them—Williams True Seasonal, Williams Money Flow Index, and Williams Sentiment Index—were designed with that purpose in mind... Read More 

ChartWatchers

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Q4 Stock Market Outlook: 3 Analysts, 3 Insights

by Jayanthi Gopalakrishnan

Traders and investors don't generally look forward to September. Besides being the end of summer vacations and back-to-school season, the stock market usually hits its weakest point at this time of the year... Read More 

ChartWatchers

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Using the Chikou Span to Identify Early Trading Signals

by Karl Montevirgen

The Ichimoku Kinko Hyo (or Ichimoku for short) is like a Swiss army knife of an indicator, designed for everything from projecting support and resistance to identifying trade signals... Read More 

ChartWatchers

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Stock Market Wrap-Up: Equities, Oil Close Higher While Treasury Yields Slightly Lower

by Jayanthi Gopalakrishnan

"September is when leaves and stocks tend to fall; On Wall Street, it's the worst month of all."— Stock Trader's Almanac... Read More 

ChartWatchers

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Optimizing Your Stock Selection With the Williams True Seasonal Indicator

by Karl Montevirgen

Every trader has preferred ways to find market opportunities and select tradable stocks. Among these methods, which exist in great numbers, are those that concern "seasonality" or market patterns that tend to repeat, according to the calendar... Read More 

ChartWatchers

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Yields, Oil, US Dollar Rise, Equities Tepid: Stock Market Starts the Month With Mixed Signals

by Jayanthi Gopalakrishnan

The much-awaited August jobs report was released on Friday. While it came in higher than estimates—187K vs. 170K jobs created—there were other areas of the report that eclipsed the stronger-than-expected figure... Read More 

ChartWatchers

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Trading Against the Crowd with the Williams Sentiment Index

by Karl Montevirgen

Contrarian wisdom is nothing new to the market's ears, and it probably speaks to you with some familiarity. You know what it generally says ... "Be fearful when others are greedy, and greedy when others are fearful... Read More