Chart Advisor: Monitoring Strong Signals

4 days ago by Contributor Author @ IBKR Traders’ Insight

The S&P500 index has been forming a rising wedge pattern based off the July 2023 peak and October 2023 low. A rising wedge is traditionally a bearish reversal pattern and the SP&500 index has broken this pattern to the downside.

Ximalaya Aims High In Third Listing Attempt

4 days ago by SA IPO Analysis

Housing Starts Decreased to 1.321 million Annual Rate in March

4 days ago by Calculated Risk @ Calculated Risk

From the Census Bureau: Permits, Starts and Completions Housing Starts: Privately‐owned housing starts in March were at a seasonally adjusted annual rate of 1,321,000. This is 14.7 percent below the revised February estimate of 1,549,000 and is 4.3 percent below the March 2023 rate of 1,380,000. Single‐family housing starts in March were at a rate of 1,022,000; this is 12.4 percent below the revised February figure of 1,167,000. The March rate for units in buildings with five units or more was 290,000. Building Permits: Privately‐owned housing units authorized by building permits in March were at a seasonally adjusted annual rate of 1,458,000. This is 4.3 percent below the revised February rate of 1,523,000, but is 1.5 percent above the March 2023 rate of 1,437,000. Single‐family authorizations in March were at a rate of 973,000; this is 5.7...

Multiple Insiders Report SAIC Purchases

4 days ago by David @ All Star Charts

From the Desk of Steve Strazza and Alfonso Depablos The largest insider transaction on today’s list comes in multiple Form 4 filings by the CEO, the general counsel, and the executive vice president of operations of Science Applications International Corporation $SAIC. Among them the three directors revealed combined purchases of $490,670 in SAIC shares. Here’s […] The post Multiple Insiders Report SAIC Purchases appeared first on All Star Charts.

Bond Crash Impacting A Portfolio Near You

4 days ago by JC @ All Star Charts

Gold is one of the biggest winners so far in 2024. But you can argue that it’s really the commodities complex that is leading, and Gold is just one of them. Check out the YTD returns here. But the unwind in Gold stocks relative to other types of stocks looks to be just getting going. […] The post Bond Crash Impacting A Portfolio Near You appeared first on All Star Charts.

3 Big Trades For 2024

4 days ago by JC @ All Star Charts

I have 3 big ideas to take advantage of the current markets. It’s pretty obvious to everyone now that this year is not like last year. Some people are pretending it still is. You are welcome to lie to yourself if you’d like. But I have the data. The Dow Jones Industrial Average is flat […] The post 3 Big Trades For 2024 appeared first on All Star Charts.

Wall Street Breakfast: Military Might

4 days ago by SA Wall St. Breakfast

Give yourself a shot at becoming a successful trader. #TradingForBeginners #TradingEducation

4 days ago by Akil Stokes (Trading Coach at Tier On... @ Trading Coach Podcast

Give yourself a shot at becoming a successful trader. #TradingForBeginners #TradingEducation

Wall Street Breakfast Podcast: Live Nation Reportedly Faces Antitrust Lawsuit, Shares Drop

4 days ago by SA Wall St. Breakfast

Finally, "Everyone" Can See the #stockmarket Weakness, So Now What? #technicalanalysis

4 days ago by Dr. Duru Diagnoses Markets @ Dr. Duru Diagnoses Markets

Finally, "Everyone" Can See the #stockmarket Weakness, So Now What? #technicalanalysis This quick market review is an extension of a blog post I wrote over the weekend. I further built the case for underlying market weakness. Now that the major indices have broken key support levels, that underlying weakness is likely "obvious" to most. The trading gets tricky from here. If you want to get bearish here, just prepare yourself for a snapback at anytime. Watch the video for explanations. {I forgot to note how the market has ignored the steady uptrend in interest rates all year. The stock market also ignored growing geo-political tensions. This is the part of the cycle where suddenly every negative matters all at once) Also read more at https://drduru.com/onetwentytwo/blog/ Stocks and indices covered: $SPX S&P 500 #NASDAQ $COMPQ $IWM $NVDA #AT50 #VIX #volatilityindex

Under The Hood (04-15-2024)

4 days ago by Alfonso Depablos @ All Star Charts

From the Desk of Steve Strazza @Sstrazza. Welcome back to Under the Hood, where we’ll cover all the action for the two weeks ended April 12, 2024. This report is published bi-weekly, in rotation with The Minor Leaguers. What we do here is analyze the most popular stocks during the week and find opportunities to either […] The post Under The Hood (04-15-2024) appeared first on All Star Charts.

Is Market Breadth Signaling THE TOP?!

5 days ago by StockCharts TV @ StockCharts.com YouTube Channel

April 15, Final Bar host David Keller, CMT shows how bearish short-term breadth combined with the deterioration in long-term breadth lines up well with previous market tops. He then breaks down key levels for the S&P 500 index as well as MSFT, TSLA, SCHW, and SMH. 👀 See what better financial charting can do for you! Start your FREE 1-month trial today at https://stockcharts.com 👍🏻 If you enjoyed this video be sure to hit the THUMBS UP ✅ If you found value, consider SUBSCRIBING to our channel and ring the bell so you never miss a new video! Subscribe Here: https://tinyurl.com/wvet7qj 00:00 Welcome to the Show! 01:16 Market Recap: NVIDIA (NVDA), Microsoft (MSFT), Meta Platforms (META) 03:00 Amazon (AMZN) 10:46 S&P 500 Large Cap Index ($SPX), Volatility Index ($VIX), Tesla (TSLA) 16:05 Microsoft Corp. (MSFT), Charles Schwab (SCHW), First Solar (FSLR) 19:39 Banking on Breadth: S&P Charts, NYSE McClellan Oscillator ($NYMO), S&P 500 Large Cap Index ($SPX) 26:32 S&P 500 Bullish Percent I...

A New Miner to Track as Gold Pumps the Brakes

5 days ago by Ian Culley @ All Star Charts

From the Desk of Ian Culley @IanCulley Readers often ask how long it will take for an open trade to reach our target.  I wish I knew.  Only the market can answer that question, as gold did last Friday… The post A New Miner to Track as Gold Pumps the Brakes appeared first on All Star Charts.

5 Levels of Meaningful Change

5 days ago by Akil Stokes (Trading Coach at Tier On... @ Trading Coach Podcast

There are 5 levels that you must work through if you want to make long-lasting meaningful change. 🎶LISTEN TO THE FULL EPISODE ON YOUR FAVORITE PODCASTING APP ▶️APPLE - https://podcasts.apple.com/us/podcast/958-video-the-5-steps-to-making-meaningful-change/id1359294814?i=1000652244225 ▶️SPOTIFY - https://open.spotify.com/episode/440RpbZuMXwXCIWlxdD4aq?si=83e7c2405123445c

Monday links: paying what you owe

5 days ago by abnormalreturns @ Abnormal Returns

Apple Comes In From The Cold

5 days ago by noreply@blogger.com (Declan Fallon) @ Fallond Picks

IntroductionIt will take a few days for markets to digest recent economic news, but it was clear before any announcements were made this week that the rally from October lows had stalled, and markets have now entered a new pha...

The most powerful mindset for success

5 days ago by Michael Martin @ MartinKronicle

Watch this video on YouTube The most powerful mindset for your success is your belief and you can achieve your goals. If you think you want to start trading by reading a bunch of books or doing this and that we all know what your options are to learn charts or the craft of trading, […] The post The most powerful mindset for success first appeared on MartinKronicle. The post The most powerful mindset for success appeared first on MartinKronicle.

5 Stock Chart Leaders You Can't Miss

5 days ago by StockCharts TV @ StockCharts.com YouTube Channel

April 15, In today's Your Daily Five host Larry Tentarelli brings you 5 top ranking stock picks - AMZN, TSM, COPX, VRT, and PSX. These charts are all in upper right hand corner Uptrends, and trading above at least 4 moving averages. 👀 See what better financial charting can do for you! Start your FREE 1-month trial today at https://stockcharts.com 👍🏻 If you enjoyed this video be sure to hit the THUMBS UP ✅ If you found value, consider SUBSCRIBING to our channel and ring the bell so you never miss a new video! Subscribe Here: https://tinyurl.com/wvet7qj 00:00 - Intro 00:44 - Amazon (AMZN) 02:35 - Taiwan Semiconductor (TSM) 04:14 - Global X Copper Miners ETF (COPX) 06:32 - Vertiv Holdings (VRT) 08:26 - Phillips 66 (PSX) #stockcharts #yourdailyfive #larrytentarelli @StockChartsTV @CNBC @markets Connect with Larry Website: https://bluechipdaily.com X: https://t.co/WbXwdoDDLZ 👍🏻 FOLLOW US Twitter: @StockCharts : https://tinyurl.com/tt7429e @StockChartsTV : https://twitter.com/stoc...

[Options] The Right Trade for This Environment

5 days ago by Sean McLaughlin @ All Star Charts

In today’s Flow Show, me and Steve Strazza took a look at some potential directional bets, but we both agreed that the right trade for today is one that would benefit from some sideways trading action. With the broader markets looking a bit indecisive here, making a strong directional bet (in either direction) feels like […] The post [Options] The Right Trade for This Environment appeared first on All Star Charts.

Wall Street Lunch: Goldman Shines After Results

5 days ago by SA Wall St. Breakfast