The Market Outlook for 2023 was written in December 2022.
I have a designated radar screen for all the predictions and stock picks.
The picks especially remain a focus for short-term and longer-term trades, depending on market conditions.
In December …
I am back from 2 weeks of whirlwind travel and presenting at both the Money Show in Las Vegas and Charting Forward at Stockcharts.com
I thank Geoff Bysshe, the President of MarketGauge.com for filling in for me.
After the market …
Today I’ve got a handful of bullish stock charts for your watchlist next week.
The importance of these stock charts begins with the table shown above. You can find this Sector Summary table updated daily at www.marketgauge.com/sectors.
If you were …
Today’s daily is two videos by Mish from the studios of StockCharts.com.
The first video is Mish’s Daily Five.
In this video Mish explains why Grandma Retail (XRT), may become our new leading indicator.
In addition, Mish reviews how to …
The real reaction to today’s Fed meeting is likely to happen tomorrow.
All eyes and ears were on Chairman Powel today. Most notable was how he and the markets were clearly uncomfortable with the press conference, but it was not …
Stocks began the day weak, and weaker than most traders probably realized. As you can see in the intra-day chart below, short-term momentum, as measured by Real Motion, had rolled on Monday.
As a result, when the SPY broke its …
The common refrain, “Sell in May…” gives this month a bad rap, but it doesn’t deserve it.
May is historically one of the least volatile months of the year as measured by its closing average return in the S&P500. Since …
This is just one of several headlines about stagflation we have seen this week:
April 27, 2023 TheStreet.com
Stagflation Risks In Focus As U.S. Economy Slows, But Inflation Stays High
"The coveted soft landing is looking increasingly difficult to achieve …
The PCE rises (although far from the 8% peak).
The GDP falls (is contraction of the economy over?
Meanwhile, stagflation persists along with the trading ranges in indices and many sectors.
Plus, the theory we have been expounding on (a …
Earnings season is often filled with big gaps, and it's easy to look at them as big opportunities to catch a big move quickly.
However, it's also easy to get burned by entering trades right before the earnings announcement.
Here's …