How bonds / currencies affect your stocks
Once again, the USD currency is dominating the market moves today. Slight change in direction in the $USD, and everything followed. The recent pullback in the USD has been aggressive. BUt look at bounce off the fibonacci retracement line. Typically, when things pull back, they pull back to one of...
Oracle Stalls at Key Retracement
Oracle (ORCL) surged back above 28 this month, but stalled the last few weeks as resistance came into play. First, notice that broken support turns resistance around 28.50. Second, the stock...
Waves…what happened?
Today the blog is puzzled. Overbought indicators are rolling over... Telling me to get out of Dodge. Price action....telling me to get out of Dodge. Actual price change, saying things are ok. Since the 19th, Flat, Flat, Up on a Monday, Down on AAPL Day, Up on Fed day, Down...
Spot Light Crude Forms Bull Wedge
Spot Light Crude ($WTIC) surged above 100 in the second half of December and then formed a falling wedge in January. A decline in oil is unusual because the Dollar is...
How can I plot the yield curve?
The yield curve is available at StockCharts.com with the Dynamic Yield Curve tool. This nifty Java application not only shows the current yield curve, but it can also be animated to show changes in the yield curve over time. Notice the options just below the yield curve plot. Click "animate" to see the yield curve...
Metals, materials, and money
Well Yesterdays FOMC meeting was interesting. The data came out earlier than I was expecting.I was also surprised that the Fed was so focussed on generating inflation and avoiding deflation at all cost it seems. Was this QE3? Don't fight the Fed? The Metals market took that to heart. So...
Regional Bank SPDR Forms Big Bearish Engulfing
With stocks opening strong and then moving sharply lower, the intraday
bearish engulfing scan
...
Amex Airline Index Forges Quadruple Top Breakout on P&F Chart
The Amex Airline Index ($XAL) lagged the market throughout 2011, but may be poised to lead with a breakout in 2012. The P&F chart below is a classic three box reversal...
COPPER, GOLD, US DOLLAR… REALLY INTERESTING CORRELATIONS
Look at this collection of charts, all at an interesting place in time Here is the $COPPER weekly. Notice the thin black line right at this $3.80 level. Here is $GOLD. Gold is right at the junction of the 10 week (50 day ) Moving average, the 40 week (...
Quest Diagnostics Breaks Resistance with SCTR Surge
A look at the
StockCharts Technical Rank (SCTR)
movers shows Quest Diagnostics with...
How Do I Upload Multiple Symbols to A ChartList From a Spreadsheet?
Do you want to add multiple symbols to a list at once rather than 1 chart at a time? You can do that with the "Add Symbols - Upload" feature. This option is available for Basic and Extra members that want to insert symbols from a spreadsheet into one of their StockCharts ChartLists. Create or...
How do I Find and Use my Long-Term Loyalty Discount Code?
Long-term members are granted access to a loyalty discount coupon one year after their membership begins. Members can use that coupon to receive a discount on future upgrade or renewal orders for any of our subscription services. A new loyalty discount coupon code is offered each year that a you remain a subscriber. This tutorial...
