As the S&P 500 and Nasdaq 100 once again test new all-time highs this week, I’m struck by how leadership trends have shifted around quite a bit since mid-December. Part of my daily chart process…
Category:
Stocks
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In this exclusive StockCharts video, Joe demonstrates how to use the 1-2-3 reversal pattern as a buy signal on the weekly chart. This approach can be used when the monthly chart is in a strong…
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Stocks
Cisco Systems’ Stock Keeps Hitting All-Time Highs: Investment Tips to Maximize Your Success
by adminWhen you think of Cisco Systems, Inc. (CSCO), you associate the company with hardware — networking, routers, and security. However, its investment in artificial intelligence (AI) makes it a stock worth monitoring. President Donald Trump’s…
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So far, this has been a fairly entertaining start to the new year! The S&P 500 started off with a bounce to 6050, pushed briefly below our line-in-the-sand level of 5850, and then finished this week…
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Energy Replaces Technology At the end of this week, 1/17/2024, the Technology sector dropped out of the top 5 and will be replaced by Energy. The ranking in the top 5 has also changed. XLY…
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Mid-caps show leadership and were the first to trigger a breadth thrust. Stocks surged this week with mid-caps showing the highest participation rate. Chartists can quantify the participation rate and identify breadth thrusts using the…
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So far, this has been a fairly entertaining start to the new year! The S&P 500 started off with a bounce to 6050, pushed briefly below our line-in-the-sand level of 5850, and then finished this week…
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As advancements in medical technology continue to shape the healthcare landscape, DexCom, Inc. (DXCM) stands out with its innovative continuous glucose monitoring solutions. Recent price action suggests that DXCM’s stock price has triggered a potentially…
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The trouble with bonds is best portrayed by this long-term chart. Bonds were in a rising trend for about forty years, but the trend line was broken in 2022. This breakdown and subsequent price activity…
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When I look back at leading industry groups for the past day, week, month, 3-month, 6-month, and 1-year periods, only one industry group has been among the Top 20 industry groups for each of those…