Covered calls are popular among investors looking for a conservative way to generate additional income from their stock holdings. However, it's essential to understand both the benefits and risks before implementing this strategy. Example of a Covered Call: Long Position: You own 100 shares of XYZ stock,
In this episode of StockCharts TV's The MEM Edge, Mary Ellen reviews the current market conditions and key areas of growth that are in new uptrends. She then shares how to trade downtrend reversals and stocks that gap up after reporting strong earnings. She then
Both the S&P 500 and the NASDAQ are sitting at new highs as we wind down a very positive earning season. So far, almost 80% of S&P 500 companies have reported a positive earnings surprise, with the year-over-year earnings growth rate at the highest level
On this week's edition of StockCharts TV's StockCharts in Focus, Grayson walks you through the "heart and soul" of StockCharts - Your Dashboard - and explains how he customizes his layout to serve as a one-stop-shop for following the latest market action. Grayson demonstrates how the "Chart
Top 5 Stocks in "Go" Trends Trend Continuation on Rising Momentum GoNoGo Charts® highlight low-risk opportunities for trend participation with intuitive icons directly in the price action. The resurgence of momentum in the direction of the underlying price trend is an excellent entry opportunity, or the
As the S&P 500 and Nasdaq 100 have once again made new all-time highs, and the Dow Jones Industrial Average has briefly broken above the 40,000 level for the first time, how should we think about further upside for our equity benchmarks? There are two general
It made it! The Dow Jones Industrial Average ($INDU) closed above 40,000 for the first time, another record close for the index. What an exciting week! And most of that excitement came in the last few minutes of the trading week. We'll take it. After a
In this edition of StockCharts TV's The Final Bar, join Dave and Grayson as they run through the top 10 charts to watch in May 2024! They'll cover breakout strategies, moving average techniques, relative strength, and much more. You don't want to miss these insights into market
While we don't typically begin with a monthly chart, it seems like a good place to start because most of the good news is present there. Beginning on the left side of the chart we can see how gold made a parabolic advance into an
Gold is on the verge of breaking into all-time high territory, and silver is poised to challenge its four-year highs. Both metals are rallying, and it seems probable that both assets will rise above the current threshold levels. Supposing they do, what's next? In terms of analyst