Don't Ignore This Chart! October 26, 2020 at 11:10 AM
I expect that we'll bounce sooner rather than later, but a key short-term test is underway right now. I'm watching 3425 on the S&P 500 ($SPX) and 11600 on the NASDAQ 100 ($NDX). Both support levels are currently lost... Read More
Don't Ignore This Chart! October 22, 2020 at 07:13 AM
While going over some Relative Rotation Graphs showing the rotations for individual stocks, the tail for AMD in the Technology sector caught my attention... Read More
Don't Ignore This Chart! October 18, 2020 at 10:18 PM
While the broader markets have been waffling due to uncertainties surrounding major issues such as the upcoming elections and the passage of a stimulus package, there have been a stealth set of underlying stocks that are breaking out of sound bases due to solid growth prospects... Read More
Don't Ignore This Chart! October 17, 2020 at 09:15 AM
There's not much I'd rather see than a heavy volume breakout in a consolidating stock within a strong industry. Enter Atlassian Corp (TEAM). Some traders let their guard down when a stock consolidates, and it's easy to do because consolidation normally leads to relative weakness... Read More
Don't Ignore This Chart! October 14, 2020 at 01:03 PM
At EarningsBeats.com, we like to line our portfolios with leaders, and I believe the following chart of autos ($DJUSAU) qualifies as leadership: We're seeing weakness today in our major indices, but not in autos... Read More
Don't Ignore This Chart! October 07, 2020 at 03:21 PM
A week ago, I published an article here in the Don't Ignore This Chart blog highlighting two renewable energy stocks ($DWCREE) - SEDG and ENPH. Both have gained in the 25%-30% range in one week. It illustrates how trading leading stocks in leading industry groups can pay off... Read More
Don't Ignore This Chart! October 01, 2020 at 07:40 AM
The chart above shows the daily price bars for ADBE, in combination with the RRG-Lines and raw Relative Strength. There are two reasons to use this chart today... Read More
