RIMM Tests its Low and Shows Relative Weakness
Research in Motion (RIMM) remains down in the dumps as the Price Relative broke below its December low and remains in a downtrend. This RIMM:QQQ ratio falls when RIMM underperforms QQQ....
Morgan Stanley Leads Lower as Supervalu Bucks the Bears
With stocks down sharply in early trading on Tuesday, it is little surprise that the Sector Market Carpet shows a sea of red and all sectors are lower. There are, however,...
February was a Good Month for Commodities (ex-Gold)
The PerfChart below shows the performance for eight commodity related securities during February. Seven of eight are up with oil leading the charge. Even natural gas was higher. After a big...
Treasuries and Commodities Moving Higher
The CRB Index ($CRB) and the 10-year Treasury Note ($UST) usually move in opposite directions. However, as the John Murphy's Intermarket PerfChart shows, this has not been the case the last six days. Even though the CRB Index is up over 2% since 17-Feb, the 10-year Treasury Note is up around a half percent. Some...
Coffee and Sugar ETFs Take a Hit
The ETF Market Summary shows commodity ETFs under pressure during the day Tuesday. The Coffee (JO) and Sugar (SGG) ETFs were leading the way down. The Copper ETF (CU) and Palladium (PALL) ETFs, which represent industrial metals, were also weak. Click this chart for a live image
Offensive Sectors Take the Lead on the S&P Sector PerfChart
The stock market is clearly in rally mode this year with the offensive sectors leading the charge. Notice that the consumer discretionary, industrials, finance and technology sectors are outperforming the S&P...
German DAX Index Leads the Way in 2012 $DAX $SPX $NIKK
Despite all the "issues" surrounding Europe, the German DAX Index ($DAX) is going strong and outperforming the S&P 500. In fact, the DAX is outperforming the Shanghai Composite ($SSEC) and the...
Finance Shows Green in the Market Cap Market Carpet
As the Sector Market Carpet shows, the finance sector has the biggest average gain (2.4%) thus far on Friday. Technology is second with the average stock gaining 1.9% on the day. Notice that the boxes are different sizes because of mark......
CAT Powers the Dow Higher
According to the Wall Street Journal, "Caterpillar's 20% stock surge this month contributed nearly 34% of the Dow Jones Industrial Average's 415-point advance." As a price weighted "average" the highest priced issues in the Dow carry the most weight. This is also true for the Dow Transports and Dow Utilities. Click this chart for a...
StockCharts’ Uptime Report for 2011 – Four Nines!
The results are in and StockCharts.com was faster and much more stable in 2011. Did you notice? No? That's good! In 2009, Pingdom reported that we were available 99.77% of the time (a total of 18 hours and 25 minutes of downtime). In 2010, Pingdom reported that we were up 99.94% of the time (a...
Quest Diagnostics Breaks Resistance with SCTR Surge
A look at the
StockCharts Technical Rank (SCTR)
movers shows Quest Diagnostics with...
DJ Ireland Index Breaks 2011 Highs
While the German DAX Index ($DAX) and the French CAC Index ($CAC) languish well below their 2011 highs, the DJ Ireland Index ($IEDOW) shows strength with a break above its highs....
