If It Weren’t For These 7 Stocks….

11 months ago by Michele Schneider @ See It Market

Apple, Nvidia, Meta, Alphabet, Microsoft, Amazon, and Tesla have now been penned as the “Magnificent 7.”  Only around 25% of the S&P 500 stocks have outperformed the benchmark, while these stocks continue to show massive leadership. The Nasdaq is up around 15% year-to-date, outpacing the S&P 500.  Smaller cap stocks have struggled way more.  The […] The post If It Weren’t For These 7 Stocks…. appeared first on See It Market.

Market in Bull Mode With Warnings Signs | Pete Carmasino | Halftime by Chaikin Analytics (06.05.23)

11 months ago by StockCharts TV @ StockCharts.com YouTube Channel

After a general market update including some news affecting stocks, Pete highlights the "shockingly quick" rise in the FANG+ index. Pulling back the curtain on the index, he wonders if we are at the precipice of what we witnessed with the dot com bubble? While he can't say it's the same, it certainly brings back memories of that event. Pete finishes up the show by taking a look at some names that have turned bearish. 00:00 - Intro 00:52 - General Market Update and News 03:34 - S&P 500 Bullish Percent Index ($BPSPX), S&P Rally Count 06:21 - NYSE Fang Plus Index ($NYFANG) 08:59 - Light Crude Oil ($WTIC) 09:54 - 10-Year Treasury Yield ($UST10Y), 20+ Year Treasury Bond ETF (TLT) 12:40 - Newly Bearish: Dollar General (DG), Burlington Stores (BURL) 14:02 - Conclusion Free Chaikin PowerFeed Newsletter: https://chaikinpowerfeed.com/ FOLLOW PETE: Twitter: @PeteCarmasino ( https://twitter.com/petecarmasino ) LEARN MORE ABOUT THE CHAIKIN POWER GAUGE ACP PLUG-IN https://schrts.co/JBuuYZ ...

Don’t Wait for Gold To Break Out: Buy Silver Mining Stocks

11 months ago by Ian Culley @ All Star Charts

From the Desk of Ian Culley @IanCulley What will it take for gold to make new all-time highs? A weaker US dollar and falling real yields are likely candidates for leading catalysts. We can also add a significant unwind in commercial positioning to the list.  Meanwhile, it’s a range-bound mess for all of the above. […] The post Don’t Wait for Gold To Break Out: Buy Silver Mining Stocks appeared first on All Star Charts.

S&P 500 Teases 4300 Before Turning Lower | David Keller, CMT | The Final Bar (06.05.23)

11 months ago by StockCharts TV @ StockCharts.com YouTube Channel

Host David Keller, CMT tracks the S&P 500's test of the August 2022 high around 4300 as well as Apple's bearish engulfing pattern. He answers viewer questions on the McClellan Oscillator and technical approaches designed to project future price highs. 00:00 Intro 01:00 Greeting 02:27 Market Recap 13:06 Contact Us & Upcoming Events 14:17 Q1: The McClellan Oscillator works only with 1-year time frame. Why not shorter time frame? 17:38 Q2: How can I find out which equity has more potential to go higher? 21:32 Q3: What parameter was used to filter out signals on the McClellan Oscillator? 23:58 Q4: What method would you recommend for determining projected price/time for market peak? 26:41 3-in-3 Blog - https://schrts.co/WDKzPhTD ––––– Enjoy this video? Subscribe to StockCharts TV on YouTube to watch more great content from top financial experts, with new content posted daily: https://tinyurl.com/wvet7qj See what better financial charting can do for you! Start your FREE 1-month ...

The Minor Leaguers (06-05-2023)

11 months ago by Alfonso Depablos @ All Star Charts

From the Desk of Steve Strazza @Sstrazza Welcome to The Minor Leaguers. We’ve had some great trades come out of this small-cap-focused column since we launched it back in 2020 and started rotating it with our flagship bottom-up scan, Under the Hood. For the first year or so, we focused only on Russell 2000 stocks […] The post The Minor Leaguers (06-05-2023) appeared first on All Star Charts.

Follow the Flow (06-05-2023)

11 months ago by Alfonso Depablos @ All Star Charts

From the Desk of Steve Strazza @sstrazza and Alfonso Depablos @Alfcharts This is one of our favorite bottom-up scans: Follow the Flow. In this note, we simply create a universe of stocks that experienced the most unusual options activity — either bullish or bearish, but not both. We utilize options experts, both internally and through […] The post Follow the Flow (06-05-2023) appeared first on All Star Charts.

Where Fundamentals Meet Technicals: Cautious Of The AI Craze

11 months ago by SA Editor's Picks

Shareholders Come First | Carl Swenlin & Erin Swenlin | The DecisionPoint Trading Room (06.05.23)

11 months ago by StockCharts TV @ StockCharts.com YouTube Channel

Carl opens the trading room with a discussion of Target (TGT) and Anheuser-Busch (BUD) technicals and compares them to their industry groups. Shareholders can’t be pleased. After an overview of the market as a whole, Erin follows up with a deep dive into the Real Estate sector (XLRE), finding industry groups with potential upside. 00:00 - Intro 01:20 - BUD and TGT 05:34 - Market Overview 16:52 - Questions for Carl and Erin 18:38 - Sectors (including XLRE) 26:38 - Industry Summary 30:13 - More Questions 31:09 - Viewer-Requested Stocks 56:35 - Outro Connect with Erin https://decisionpoint.com https://stockcharts.com/articles/decisionpoint/ https://twitter.com/_decisionpoint https://www.linkedin.com/in/decisionpoint/ ––––– Enjoy this video? Subscribe to StockCharts TV on YouTube to watch more great content from top financial experts, with new content posted daily: https://tinyurl.com/wvet7qj See what better financial charting can do for you! Start your FREE 1-month trial today at ...

Swing Trader Pro: Afternoon Briefing (06-05-2023)

11 months ago by David @ All Star Charts

From the Desk of Kimmy Sokoloff That was a very slow day, with a healthy contraction in the afternoon. $SPY is sitting outside the Bollinger band. I’d think we can see 423 sooner versus later. Here are today’s trades: I bought $EXPE at 103.98 and sold at 104.49. I bought $STLD at 98.20 and sold […] The post Swing Trader Pro: Afternoon Briefing (06-05-2023) appeared first on All Star Charts.

Soft Landing? Retail Sector Gets Up and Boogies 

11 months ago by Michele Schneider @ See It Market

Last week we asked, “Can the Retail ETF XRT hold here?” We wrote that the Consumer Sector ETF had some words for you. To summarize: So here we are in June.  Granny XRT burned those that assumed she would fail. The 6–8-year business cycle low as measured by the 80-month moving average held. Many retail […] The post Soft Landing? Retail Sector Gets Up and Boogies  appeared first on See It Market.

Monday links: disintermediating creatives

11 months ago by abnormalreturns @ Abnormal Returns

ISM® Services Index Decreases to 50.3% in May

11 months ago by Calculated Risk @ Calculated Risk

(Posted with permission). The ISM® Services index was at 50.3%, down from 51.9% last month. The employment index decreased to 49.2%, from 50.8%. Note: Above 50 indicates expansion, below 50 in contraction. From the Institute for Supply Management: Services PMI® at 50.3% May 2023 Services ISM® Report On Business®Economic activity in the services sector expanded in May for the fifth consecutive month as the Services PMI® registered 50.3 percent, say the nation's purchasing and supply executives in the latest Services ISM® Report On Business®. The sector has grown in 35 of the last 36 months, with the lone contraction in December of last year. The report was issued today by Anthony Nieves, CPSM, C.P.M., A.P.P., CFPM, Chair of the Institute for Supply Management® (ISM®) Services Business Su...

IBKR’s Most Active Stocks in the Canadian Securities Lending Market as of 06/01/2023

11 months ago by IB Securities Lending Desk @ IBKR Traders’ Insight

Canada Most Active Stocks as of June 1, 2023: Largest Short Values, Most Requested Stocks and ETFs, Highest Borrows Fees. The post IBKR’s Most Active Stocks in the Canadian Securities Lending Market as of 06/01/2023 appeared first on IBKR Campus.

INCREASE YOUR CHANCES OF SUCCESS TO 95%

11 months ago by Akil Stokes (Trading Coach at Tier On... @ Trading Coach Podcast

Success is a pyramid & with each step you take you can drastically increase your chances of reaching the top. In this podcast, we talk about how you can increase that chance to 95% ▶️ LISTEN TO THE FULL EPISODE ON YOUR FAVORITE PODCASTING APP ⬇️ 🎵 APPLE - https://podcasts.apple.com/us/podcast/824-steps-to-give-yourself-a-95-chance-at-success/id1359294814?i=1000615640805 🎵 SPOTIFY - https://open.spotify.com/episode/0QJCGa2yNNexQPsiJh5fwK?si=aba191e32d3b4ca8

Saudi Bullishness Pushes Oil Higher While Yields Grapple with Weak U.S. Data: Jun. 5, 2023

11 months ago by Jose Torres @ IBKR Traders’ Insight

While OPEC + kept production stagnant over the weekend, an independent production cut from Saudi Arabia sent bond yields higher as oil prices jumped in early trading. The post Saudi Bullishness Pushes Oil Higher While Yields Grapple with Weak U.S. Data: Jun. 5, 2023 appeared first on IBKR Campus.

What? No Recession?

11 months ago by Andrew Wilkinson @ IBKR Traders’ Insight

Consumer sentiment may be pointing down, but US economic indicators are not displaying many other signs of an impending recession. The Interactive Brokers team discusses their favorite signposts. The post What? No Recession? appeared first on IBKR Campus.

IBKR Economic Landscape: Persistent Job Growth Keeps the Fed Restrictive Jun. 5, 2023

11 months ago by Jose Torres @ IBKR Traders’ Insight

The Federal Reserve’s aggressive monetary policy tightening is slowly helping to moderate inflation, but it has a long way to go to tame price increases in the sticky services components which will likely require further slowing in the labor market. The post IBKR Economic Landscape: Persistent Job Growth Keeps the Fed Restrictive Jun. 5, 2023 appeared first on IBKR Campus.

IBKR’s Hottest Shorts as of 06/01/2023

11 months ago by IB Securities Lending Desk @ IBKR Traders’ Insight

IBKR's hottest shorts as of June 1, 2023: Largest Short Values, Most Requested Stocks and ETFs, Highest Borrows Fees. The post IBKR’s Hottest Shorts as of 06/01/2023 appeared first on IBKR Campus.

The Emerging Market Crisis That Never Was

11 months ago by Robin Marshall @ IBKR Traders’ Insight

Emerging markets (EM) have been regarded as a high risk, and predominantly risk-on asset class, when the Covid crisis occurred in Q1, 2020. The post The Emerging Market Crisis That Never Was appeared first on IBKR Campus.

Nonfarm Payrolls May 2023

11 months ago by Will Klinke @ IBKR Traders’ Insight

One step forward and one step back. The labor market remains strong even after some spring "jitters" in the financial sector (good for the economy), BUT wage pressures surprised meaningfully to the upside (bad for the inflation outlook). The post Nonfarm Payrolls May 2023 appeared first on IBKR Campus.