Systematic Trading Strategies and Next Level Trading Setups
Chart Trader – Reports & Videos
Increasing uncertainty is causing the markets to reprice. SPY, QQQ and IWM hit new highs in July and were priced for the best of all worlds. We then got a shakeup in the presidential race, a weak jobs report and
Selling pressure broadened over the last three days with the broader market (S&P 500 stocks) joining tech-related stocks (Nasdaq 100 stocks) in the sell off. The long-term trends are still up for SPY and QQQ. In addition, the Composite Breadth
QQQ is leading the market lower and weighing on tech stocks. The long-term trend is up and oversold breadth could present an opportunity. Short-term breadth has yet to become oversold and this means we may have further downside first.
This report starts with the short-term breakouts in SPY and QQQ. Battered semiconductor stocks led the surge and we will look at the Semiconductor ETF today. We also cover the Software and Cybersecurity ETFs, which represent
This report starts with the long-term breadth indicators to confirm the bull market. Overall, S&P 500 stocks are stronger than Nasdaq 100 stocks. SPY and QQQ are in the midst of pullbacks and have yet to become oversold. Thus, they
After a big run this year, Nvidia (NVDA) fell over 15% from its high and broke its 50-day SMA. On the face of it, a break below this “key” moving average seems like a short-term bearish signal. Such a view,
This report starts with a long-term look at the QQQ chart and the seasonality pattern for the S&P 500. Earnings season is in full gear, but the reactions to these reports is decidedly negative. SPY is in
This report starts with the long-term breadth indicators to confirm the bull market. Overall, S&P 500 stocks are stronger than Nasdaq 100 stocks. Our short-term breadth indicators are also bullish. QQQ is in the midst of a pullback and has
Small-caps took the lead over the last two weeks with the S&P SmallCap 600 SPDR (IJR) surging over 10% in five days and hitting a new high. IJR also broke out of a long consolidation and this breakout is bullish.
This report starts with the big breadth surge in small-caps. We put this surge into perspective and show what it means going forward. The surge in small-caps, however, was offset with outsized declines in large-cap tech stocks. We will show
Today’s report starts with breadth using the %Above 200-day and 26-week Hi-Lo% indicators. We then confirm the short-term uptrend with 4-wk Hi-Lo%. Attention then turns to breakouts in equal-weights, mids and smalls. We also feature several non-tech stocks breaking out
This report/video covers eight trend-following indicators: BBands, Keltner Channels, Donchian Channels, StochClose, %Difference betw SMAs, ROC of SMA, CCI-Close and eSlope. We show how to reduce whipsaws with smoothing and signal thresholds. Each indicator is explained with chart examples. These
It is a bull market for large-caps and large-cap techs. The S&P 500 Equal-weight ETF is in a long-term uptrend, but is lagging because it peaked in March. Even though I am seeing less participation in this bull market, I
Today’s report covers the bull market indicators, short-term market indicators, the big moves in Nvidia, Broadcom, Dell and Super Microcomputer, the biotech Surge helping Healthcare and two Bitcoin related names. Stocks: DataDog, Lockheed Martin, Cigna and Diamondback Energy.
There is no change in the overall market condition. Large-caps and large-cap techs continue to lead the market. SPY, QQQ, MAGS, the Technology SPDR and the Semiconductor ETF (SOXX) hit fresh
The weight of the evidence is bullish for large-caps and large-cap techs. SPY represents large-caps and QQQ represents large-cap tech stocks. Even though there are 1000s of “other” stocks out there, these stocks represent the 800 pound
The broader market is fairly mixed with one clear leader: technology. I am also seeing mixed performance within the technology sector and within specific groups. Semiconductors are strong overall, but groups like cybersecurity
The Fed and CPI are in the past and large-cap techs continue to lead the market highs. SPY, QQQ, MAGS, the Technology SPDR, the Communication Services SPDR and the Semiconductor ETF (SOXX) hit 52-week highs to lead the
The weight of the evidence is bullish for the long-term, but the short-term evidence is a bit mixed. SPX 4wk HiLo% plunged below -30% on May 29th, but NDX 4wk HiLo% did not confirm this signal. Thus, the combo remains
Chinese stocks wet on a tear from mid April to mid May with the China Large-Cap ETF (FXI) gaining some 40% and breaking its 200-day SMA. FXI then fell back over the last few weeks. This surge and pullback created