In this edition of StockCharts TV's The Final Bar, Dave answers viewer questions on spotting downturns in daily vs. weekly charts, using the Relative Rotation Graphs (RRG) to identify actionable ideas, and comparing the NYSE Composite Index ($NYA) to the S&P 500 Index ($SPX). He also shares
A tug-of-war with no clear winner—that's what the stock market seemed to be playing this week. With a Fed meeting, key economic data, and more earnings on top, will a winner emerge next week?It was an interesting week in the stock market. Economic data shows
Using technical indicators to identify stocks fundamentally undervalued but technically strengthening is a common practice. But, using indicators to find fundamentally strong stocks that happen to be technically undervalued (or contested) is probably less common, especially if you lean toward technicals.That was certainly the case
Whenever we see price gapping up or down, as happened with META in February, we prepare for the possibility of an island reversal. After the gap up, price forms a cluster, the island, and we ponder the possibility of a gap down to complete the
Janet Yellen, US Secretary of the Treasury, former Chair of the Federal Reserve. 2024. The release of 1st quarter 2024 Gross Domestic Product (GDP) on April 25th surprised virtually all forecasters. The first three months of 2024 were characterized by a notable deceleration in US economic
Fintech technology has taken center stage in today’s rapidly evolving digital environment, playing an ever-increasing role in various sectors, including IoT. As finance departments witness major transformations, IoT integrates with fintech to create smarter, more efficient financial operations. Research forecasts the fintech industry to amass
A sign for Wall Street, traditional heart of the financial district in New York City. Capitalism has raised millions, if not billions, of people out of poverty. It is the greatest engine of human flourishing that has ever existed. It is worth defending, but those
Argentine Minister of Economics Sergio Massa holds his face in deep emotion in Buenos Aires. 2019. With dollarization discarded in the short run, the world is eagerly watching Milei’s initial steps as the new president of Argentina. Milei took office in December with a yearly inflation
Last week, investors were spooked by geopolitical tensions and expectations of interest rates remaining higher for longer. The fear sent investors selling equities, resulting in the broader indexes breaking below their upward trendlines. This week, the market looked like it could be bouncing, and many
Note to the reader: This is the eighteenth in a series of articles I'm publishing here taken from my book, "Investing with the Trend." Hopefully, you will find this content useful. Market myths are generally perpetuated by repetition, misleading symbolic connections, and the complete ignorance