SPY Challenges 2011 Resistance with Big Week
With a string of positive economic reports lifting stocks this week, the S&P 500 ETF (SPY) closed higher for the fifth consecutive week. Friday was a big reporting day with Factory Orders showing strength, IWM Services indicating expansion and the employment rate coming down. These positive reports should not come as a surprise because stocks,...
Finance Shows Green in the Market Cap Market Carpet
As the Sector Market Carpet shows, the finance sector has the biggest average gain (2.4%) thus far on Friday. Technology is second with the average stock gaining 1.9% on the day. Notice that the boxes are different sizes because of mark......
How Can I Compare Performance using Intraday Charts?
Performance charts can be created with SharpCharts using "Performance" as the chart type and "Price Performance" as an indicator. For the first steps, enter a symbol, select the periods and then choose "Performance" under chart attributes/type. In the example below, I entered SPY and it will show in the main window. Second, go to "Chart...
Nordstrom Shows Relative Weakness as Bollinger Bands Narrow
The stock market rallied in January, but Nordstrom (JWN) traded flat and shows relative weakness. Even though the stock has yet to break down, volatility is narrowing as the Bollinger Bands contract. Notice that Bollinger Band width is at its lowest in over six months. Watch the range for the next direction clue. Click this...
CAT Powers the Dow Higher
According to the Wall Street Journal, "Caterpillar's 20% stock surge this month contributed nearly 34% of the Dow Jones Industrial Average's 415-point advance." As a price weighted "average" the highest priced issues in the Dow carry the most weight. This is also true for the Dow Transports and Dow Utilities. Click this chart for a...
Public ChartLists v2.0 Update
Last month I wrote about our plans for the new version of our Public ChartLists area. In that article I said we were shooting to release the new system around February 1st. Well... Turns out I was still giddy from the eggnog when I wrote that. It's going to be a little while longer. The...
Candlestick Tails
Well, here we are. Testing the top of the markets again. The intraday price action today was very interesting. The Dow made its high around 10:15 in the morning. It drifted sideways for a few hours, then fell out of bed. All the indexes peaked in a different hour of...
LA HAS SOLD OUT – REGISTRATION FOR SEATTLE SCU SEMINAR NOW OPEN
REGISTRATION FOR OUR SEATTLE SCU SEMINAR IN JUNE IS NOW OPEN - Our next one-day training seminar will be held in Seattle on June 16th. These SCU Seminars show you everything you need to know about using StockCharts.com effectively. If you are in the Seattle area this June, click here for more info. Our LA...
EARLY REGISTRATION FOR CHARTCON 2012 EXTENDED UNTIL SATURDAY
EARLY REGISTRATION FOR CHARTCON 2012 EXTENDED UNTIL SATURDAY - This year's Seattle conference is proving to be very popular and so we've extended the deadline for early registration until this weekend. Do not delay! Register now before ChartCon 2012 sells out! Over 300 people have already registered. Hear how John Murphy, Carl Swenlin, Tom Bowley...
Finding Market Tops
The Never ending question of timing the market is a technicians dream. Knowing when you have hit a high, knowing when you have hit a low. Or knowing your on the wrong side of the trade because the Fed just stepped in. Last week the Fed melted the banks and...
Electronic Arts Bounces off Support with Bullish Engulfing
Electronic Art (ERTS) declined to the August low in mid January and then firmed the last two weeks. A bullish engulfing formed on Friday as the stock opened weak and closed...
StockCharts’ Uptime Report for 2011 – Four Nines!
The results are in and StockCharts.com was faster and much more stable in 2011. Did you notice? No? That's good! In 2009, Pingdom reported that we were available 99.77% of the time (a total of 18 hours and 25 minutes of downtime). In 2010, Pingdom reported that we were up 99.94% of the time (a...
