Top Ten Charts To Watch In August 2023 | The Final Bar (07.28.23)

about 1 year ago by StockCharts TV @ StockCharts.com YouTube Channel

David Keller, CMT shares the ten charts he'll be watching as we continue into the seasonally weakest part of the year. Will the mega cap growth trade falter, putting downside pressure on the S&P 500 and Nasdaq? StockCharts members can access Dave's Top 10 ChartList here: https://schrts.co/ethuKAjZ 00:00 - Intro 02:02 - Chart 1: S&P 500 Weekly ( $SPX ) 07:02 - Chart 2: S&P 500 ETF ( SPY ) Market Trend 10:34 - Chart 3: Stocks vs. Bonds ( SPY:TLT ) 12:54 - Chart 4: Amazon ( AMZN ) Bearish Momentum Divergence 15:04 - Chart 5: Alphabet ( GOOG ) Breakdown 17:07 - Chart 6: Financials vs. Technology ( XLF:XLK ) 20:51 - Chart 7: Utilities Relative Strength ( XLU ) 24:06 - Chart 8: McClellan Oscillator ( $ NYMO ) 26:49 - Chart 9: S&P 500 Bullish Percent Index ( $BPSPX ) 29:18 - Chart 10: "New New Dow Theory" SAP 500 Equal Weight ETF ( RSP ) 📝 Dave's Blog - https://schrts.co/WDKzPhTD ––––– ✅ Enjoy this video? Subscribe to StockCharts TV on YouTube to watch more great content from top fi...

Galaxy Digital: Bullish As It Consolidates Crypto Leadership

about 1 year ago by SA Editor's Picks

Swing Trader Pro: Afternoon Briefing (07-28-2023)

about 1 year ago by David @ All Star Charts

From the Desk of Kimmy Sokoloff It was a nice Friday overall. It’s like yesterday never happened. Here are today’s trades: I bought $BABA at 98.28 and sold at 98.98. I bought $QCOM at 128.36 and sold at 128.86. I bought $BA at 238.40 and sold at 239.99. I also called out setups in $ROKU, […] The post Swing Trader Pro: Afternoon Briefing (07-28-2023) appeared first on All Star Charts.

Las Vegas June 2023: Visitor Traffic Up 1.5% YoY; Convention Traffic Down 2.9% YoY

about 1 year ago by Calculated Risk @ Calculated Risk

Note: I like using Las Vegas as a measure of recovery for both leisure (visitors) and business (conventions). From the Las Vegas Visitor Authority: June 2023 Las Vegas Visitor Statistics Punctuated by the Vegas Golden Knights' victorious quest for the Stanley Cup, Las Vegas visitation in June surpassed last year as the destination hosted more than 3.4M visitors, +3.1% YoY. Overall hotel occupancy reached 85.5% for the month (+2.8 pts YoY). Weekend occupancy matched last June, reaching 90.2% (+0.2 pts YoY), and Midweek occupancy reached 83.5%, surpassing last June by 3.5 pts. Overall ADR exceeded $165, +5.3% from June 2022 while RevPAR reached $141, +8.8% YoY <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjofvTwX3sfF8PR0mn5mvBDFxkdnGekXubqdLPJsvWfI...

Hotels: Occupancy Rate Up 0.5% Year-over-year

about 1 year ago by Calculated Risk @ Calculated Risk

From STR: U.S. hotel results for week ending 22 July U.S. hotel performance increased from the previous week and showed improved comparisons year over year, according to CoStar’s latest data through 22 July. ... 16-22 July 2023 (percentage change from comparable week in 2022): • Occupancy: 72.9% (+0.5%) • Average daily rate (ADR): US$161.65 (+1.5%) • Revenue per available room (RevPAR): US$117.91 (+2.0%) emphasis addedThe following graph shows the seasonal pattern for the hotel occupancy rate using the four-week average.<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj2uM_Ivjus5mFBsxemnbFv5jQh0Ya8ABFZAUFyE7zN0uHyWKVBrHGViuo8A4sWZ1hMCrmDxIlhM7Qoa37id0eL0Axqri6Zm6bPteQWGEyLeUwCBKnPQgnqrbUrp5Zm8eKVCfjCqPYKYyRlYnJvTSFZ_qzzZmAsrDwSXGi...

The Cato Corporation: A Deep Value Retail Stock With Solid Upside

about 1 year ago by SA Editor's Picks

Is This A Federal Open Market Committee Shake and Bake? | Moxie Indicator Minutes (07.28.23)

about 1 year ago by StockCharts TV @ StockCharts.com YouTube Channel

The market overall is strong, but it's getting to a point where we should be on the look out for a pullback. And then we had Thursday. The market started out strong with a gap up, but it was a fake out and they sold it off hard for most of the day. Many names have done well and need a breather, just like the indexes, but keep an eye out for the strong ones since this is still a bull market. 00:00 Greeting 00:58 Nasdaq-100 ($NDX), S&P 500 Large Cap Index ($SPX) 03:14 S&P 500 ETF (SPY), S&P 500 Equal Weight ETF (RSP), Russell 2000 ETF (IWM) 05:50 Dow Jones Industrial Average (DIA), Volatility Index ($VIX), Ultra VIX Short-Term Futures (UVXY) 07:17 China Large-Cap ETF (FXI), Kingsoft Cloud (KC), Affirm Holdings (AFRM) 11:12 Weight Watchers (WW), Vista Outdoor (VSTO) ➡️ Learn About the Moxie Indicator here: https://support.stockcharts.com/doku.php?id=acp:plugins:stmoxie ➡️ You can purchase the Moxie Indicator ACP Plugin here: https://stockcharts.com/marketplace/acp/simpler-trading-mo...

Friday links: data requirements

about 1 year ago by abnormalreturns @ Abnormal Returns

Wall Street Lunch: Disinflation Nation

about 1 year ago by SA Wall St. Breakfast

Stocks Recover Yesterday’s Bearish Reversal on Cooling PCE, ECI: July, 28, 2023

about 1 year ago by Jose Torres @ IBKR Traders’ Insight

This morning’s Personal Consumption Expenditure Price Index, Employment Cost Index and other data are making the narrow path to an economic-soft landing envisioned by Federal Reserve Chairman Jerome Powell a tad bit wider. The post Stocks Recover Yesterday’s Bearish Reversal on Cooling PCE, ECI: July, 28, 2023 appeared first on IBKR Campus.

BOJ: When the Big Move is a Big Yawn

about 1 year ago by Steve Sosnick @ IBKR Traders’ Insight

One of the global markets' big "will they or won't they" questions was resolved early this morning when the Bank of Japan (BOJ) announced a relaxation to its yield curve control (YCC) policy. The post BOJ: When the Big Move is a Big Yawn appeared first on IBKR Campus.

“Magnificent Seven” Rally Sheds Light On The Need For Capped Indexes

about 1 year ago by Catherine Yoshimoto @ IBKR Traders’ Insight

The Technology industry has surged in 2023, led by the dominant tech giants known as the "Magnificent Seven," increasing concentration risks for cap weighted indexes. The post “Magnificent Seven” Rally Sheds Light On The Need For Capped Indexes appeared first on IBKR Campus.

Running of the Bulls

about 1 year ago by Contributor Author @ IBKR Traders’ Insight

Equity markets have rallied since October, but the Franklin Templeton Investment Solutions team thinks markets have run ahead of both current and expected growth. The post Running of the Bulls appeared first on IBKR Campus.

IBKR Investors’ Marketplace Opportunities for C++ Experts

about 1 year ago by IBKR Quant @ IBKR Traders’ Insight

We invite developers, quants and educators with a background in C++ programming to list their services to IBKR clients via the Investor’s Marketplace. The post IBKR Investors’ Marketplace Opportunities for C++ Experts appeared first on IBKR Campus.

What Is Going On With Chinese Equities?

about 1 year ago by Justin Leverenz @ IBKR Traders’ Insight

We believe China is navigating through its first really significant crisis in confidence since the restructuring period of the 1990s The post What Is Going On With Chinese Equities? appeared first on IBKR Campus.

Fed’s Favored Inflation Gauge Cools To 2-Year Lows: Strong Spending Keeps Fed Rate Bets Steady

about 1 year ago by Piero Cingari @ IBKR Traders’ Insight

Headline PCE inflation falls from 3.8% in May to 3% in June of 2023, the lowest since March 2021. The post Fed’s Favored Inflation Gauge Cools To 2-Year Lows: Strong Spending Keeps Fed Rate Bets Steady appeared first on IBKR Campus.

Wyckoff Re-Accumulation Workshop: Detecting Rotation, Part 1 | Power Charting (07.28.23)

about 1 year ago by StockCharts TV @ StockCharts.com YouTube Channel

Re-Accumulation is a pause in an ongoing uptrend. The Wyckoff Method systematically evaluates the characteristics of the phases of Re-Accumulation. Re-Accumulations are the pause that refresh the trend and prepare the conditions for another dynamic advance. These price structures tend to occur as rotation is unfolding from a favored market investment theme to areas previously neglected. This episode reviews the essential attributes of these structures and then turns attention to the theme of rotation and how to detect it. In Part 2 Johni Scan will show how to use scanning tools to identify rotation and emerging themes in industry groups and stocks. 00:00 Intro 02:06 Annual Seasonality 2nd Quarter End (Pre-Election Years Only) 05:04 Wyckoff Price Cycle 07:31 Mega-Cap Growth to S&P 500 Equal Weight Relative Strength (MGK-RSP) 11:32 QQQ Trust, Point & Figure Accumulation Structure 16:46 Life Cycle Model 22:05 Introduction To Trade Entry Tactics 23:28 Re-accumulation Study / Sw...

ARE YOU SCARED OF SUCCESS?

about 1 year ago by Akil Stokes (Trading Coach at Tier On... @ Trading Coach Podcast

Being scared of success sounds strange & it's something that many of us would probably never admit to. But I challenge you to take a closer look at your actions & actually see 🎵 LISTEN TO THE FULL EPISODE 🎧 APPLE - https://podcasts.apple.com/us/podcast/847-how-to-overcome-the-fear-of-success/id1359294814?i=1000622570751 🎧 SPOTIFY - https://open.spotify.com/episode/5xn6P8eELx1gmeXdpoe54i?si=27c3ad8fbc324700 #Success #Trading #Forex

Inflation Adjusted House Prices 4.4% Below Peak; Price-to-rent index is 7.9% below recent peak

about 1 year ago by Calculated Risk @ Calculated Risk

Today, in the Calculated Risk Real Estate Newsletter: Inflation Adjusted House Prices 4.4% Below Peak; Price-to-rent index is 7.9% below recent peak Excerpt: It has been over 17 years since the bubble peak. In the May Case-Shiller house price index released Tuesday, the seasonally adjusted National Index (SA), was reported as being 64% above the bubble peak in 2006. However, in real terms, the National index (SA) is about 8% above the bubble peak (and historically there has been an upward slope to real house prices).  The composite 20, in real terms, is 2% below the bubble peak. People usually graph nominal house prices, but it is also important to look at prices in real terms.  As an example, if a house price was $200,000 in January 2000, the price would be $358,0...

India at Cusp of an Economic Boom

about 1 year ago by Contributor Author @ IBKR Traders’ Insight

India has been one of the fastest growing major economies for the past decade. Jeremy Schwartz and Ayush Babel outline why we believe the most populous country in the world might be at the cusp of an economic boom. The post India at Cusp of an Economic Boom appeared first on IBKR Campus.