ChartWatchers

August 2015

ChartWatchers

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Text Book Rollover Continues in US Markets with Dow Industrials Leading the Way

by Chip Anderson

Hello Fellow ChartWatchers! The US markets continue to s-l-o-w-l-y roll over with the Dow Industrials leading the way. Despite the fact that $INDU moved 100 points higher this week, the intermediate to long-term trend is clearly down... Read More 

ChartWatchers

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Bond ETF's Are Building Strength

by Greg Schnell

A few weeks ago on the July 16th webinar, I talked about the bond markets and the chart view was looking bullish to get long TLT. Well, that actually played out nicely. But now the MACD looks like it wants to roll over. The SCTR has just pushed above 75... Read More 

ChartWatchers

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How to Avoid Getting Slaughtered

by John Hopkins

There are differing opinions on whether or not it makes sense to hold stocks into earnings reports. One camp argues that you stand to make a big score if a company beats its numbers... Read More 

ChartWatchers

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Small Caps Bounce At Two Key Support Levels

by Tom Bowley

Bears are awaiting price breakdowns in key areas of the market, but thus far they remain highly disappointed. Last week they had their chance to take down the small cap universe on two fronts and both failed... Read More 

ChartWatchers

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Are Signs of Accumulation Emerging in SPY?

by Arthur Hill

The S&P 500 SPDR remains largely range-bound since March, but a pair of potentially bullish patterns emerged and signs of accumulation are appearing. First, note that SPY hit new 52-week highs in May and July, and the overall trend is still up... Read More 

ChartWatchers

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DecisionPoint Sentiment Charts Illustrate Bulls are Backing Down

by Erin Swenlin

There are many sources that DecisionPoint uses to develop the DP Sentiment charts. You'll find two of them in the free DecisionPoint Gallery: American Association of Individual Investors (AAII) Sentiment and Rydex Asset Ratio... Read More 

ChartWatchers

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Acting on Impulse with Elder Impulse Bars

by Chip Anderson

Hello Fellow ChartWatchers! It was a fairly positive week for the markets last week following a big down move during the week before. For the month of July, the Nasdaq was the big winner rising 2.3% and the Russell 2000 was the loser falling 1.4%... Read More 

ChartWatchers

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Emerging Market Currencies Pull Stocks Lower

by John Murphy

Emerging market assets are suffering from the dual threat of rising U.S. interest rates and a stronger dollar. The most direct result is seen in EM currencies. The green line in Chart 9 shows the Wisdom Tree Emerging Currency Fund (CEW) falling to the lowest level in five years... Read More 

ChartWatchers

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Earnings Season Shows Mixed Market Reaction

by John Hopkins

We are deep into earnings season at this point. There have been enough companies reporting so far to make an assessment of what the market thinks of the overall earnings picture as July comes to an end... Read More 

ChartWatchers

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Are We Primed For An October-Like Selloff?

by Tom Bowley

I don't think so. I'm always a bit leery of August and September because of the historical tendency for the stock market to struggle during the late summer season. Throughout the current 6+ year bull market, the Aug-Sept period has racked up gains four out of six times... Read More 

ChartWatchers

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Will Retail Run Up Into Christmas

by Greg Schnell

This time of year is on my calendar to start hunting the best in retail for Christmas. Everyone following momentum has seen the Consumer Cyclicals ETF (XLY) continue to be a top performer... Read More 

ChartWatchers

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S&P 500 Hasn't Done this in over 20 Years

by Arthur Hill

The S&P 500 is locked in a 100 point trading range (2040-2140) since March because of a serious split in sector performance. At less than 5% this is the narrowest range in several years. Note that Bollinger Bandwidth on the weekly chart reached a 20+ year low in July... Read More