Value taking the lead from growth The weekly RRG above shows the rotation for Growth vs Value stocks. The benchmark is the DJ US index. The recent rotation clearly shows the rotation out of growth into value, taking shape and picking up steam. For now, Growth is still positioned on the right-hand side of the RRG, but the $DJUSGR tail is rapidly heading toward the lagging quadrant at a negative RRG-Heading. The daily version of this RRG underscores the preference for Value stocks. The $DJUSVA tail dropped into the weakening quadrant after a rotation through leading since mid-March and sharply ..read more

In this edition of StockCharts TV's The Final Bar, Dave welcomes Ryan Redfern, ChFC CMT of Shadowridge Asset Management. David highlights companies reporting earnings this week, including TSLA, V, ENPH, STLD, STX, ODLF, and GD. Ryan shares key levels to watch on the S&P 500, along with a breakdown of three sectors showing strength plus three sectors suggesting more weakness ahead. This video originally premiered on April 24, 2024. Watch on our dedicated Final Bar page on StockCharts TV! New episodes of The Final Bar premiere every weekday afternoon. You can ..read more

Tesla's (TSLA) first-quarter earnings reported after Tuesday's market close was lackluster, bordering on disastrous. Yet the stock jumped 16% Wednesday morning, ripping open a wide breakaway gap from the previous day's close.  What happened? Well, Elon Musk framed the dismal numbers with a compelling narrative that elevated its underperformance into a story about future growth. But does the story have enough fundamental fuel to break above the FOMO? From Sinking Ship to Skyrocket Here's a brief account of what happened on Tuesday: TSLA's revenue in the quarter fell by 9%, its vehicle pro ..read more

On this week's edition of Stock Talk with Joe Rabil, Joe uses the MACD to analyze SPY and shares what to look for to find the next buy point. Joe then analyzes stocks including ADBE, XOM, and CRM. This video was originally published on April 24, 2024. Click this link to watch on StockCharts TV. Archived episodes of the show are available at this link. Send symbol requests to stocktalk@stockcharts.com; you can also submit a request in the comments section below the video on YouTube. Symbol Requests can be sent in throughout the week prior to the next show ..read more

In this edition of StockCharts TV's The Final Bar, Dave examines names making moves in the market like Tesla (TSLA), Verizon (VZ), and Nucor (NUE). Explore the world of equity benchmarks and learn how large caps, mid caps, and small caps can offer unique opportunities based on sector rotation and thematic plays. Don't miss out on the chance to enhance your understanding of market dynamics. This video originally premiered on April 22, 2024. Watch on our dedicated Final Bar page on StockCharts TV! New episodes of The Final Bar premiere every weekday afternoon. You ..read more

Today Erin shared her Diamond Dog Scan that she uses to find shorting opportunities. She was able to uncover five possible shorts. She discusses each chart and let's you know what she looks for in a good short. Carl did the market overview with special attention paid to Silver and Gold as well as Gold Miners. He covered current DecisionPoint signals and walked us through the Magnificent Seven stocks. Semiconductors were a favorite among the symbol requests that Erin analyzed at the end of the program. 01:13 DecisionPoint Signal Tables 03:44 Market Overview with Carl 13:02 Magnificent Seven 17 ..read more

Good morning and welcome to this week's Flight Path. The equity "Go" trend is over. We saw a pink "NoGo" bar following an amber "Go Fish" bar of uncertainty and then that was followed by strong purple bars as the week continued. Treasury bond prices remained in a strong "NoGo" trend as we saw an entire week of uninterrupted "NoGo" strong purple bars. Commodity prices hung on through a period of weakness to paint a strong blue bar at the end of the week. The dollar showed strength all week as GoNoGo Trend. colored all of the bars a strong blue "Go". Equities Roll Over into "NoG ..read more

In the truncated week, the markets largely wore a corrective look as the key indices lost ground during the week. In the previous technical note, it was mentioned that on the one hand, no runaway moves should be expected, and on the other hand the support for Nifty exists much below at 20-week MA. The markets ended up trading precisely on the expected lines. Not only they did not move higher but also ended up testing the mentioned support level. The trading range got wider as the Nifty oscillated in a 649.80-point range during the truncated week. The volatility spiked; India Vix surged by 16.6 ..read more

While our major equity benchmarks showed incredible strength in Q1 2024, breadth conditions have been deteriorating since mid-March. Despite the weakening breadth readings, and the initial breakdowns of the S&P 500 and Nasdaq 100, leading growth names, including the formerly-described Magnificent 7 stocks, had remained in clearly-defined uptrends. This week, some of the top-performing stocks in the S&P 500 finally broke below their 50-day moving averages. While this signal on its own is not a sign of a market top, these breakdowns represent just one of the many clear signals ..read more

In this episode of StockCharts TV's The MEM Edge, Mary Ellen reviews the negative shift that's evolved over the past week in the market and highlights key signals of capitulation you should be watching for. She then shares the move into Value stocks she's seeing as heavy selling hit well known stocks - Google, Meta and Microsoft. This video originally premiered April 19, 2024. Click here or on the above image to watch on our dedicated MEM Edge page on StockCharts TV. New episodes of The MEM Edge premiere weekly on Fridays. You can view all previously recorded ep ..read more