The Dow Jones Industrial Average fell 2.4% last week in a move that pushes this index further below its key 50-day simple moving average. While not the most widely followed index, the Dow has continued to evolve so that its 30 components more closely represent the current economy. Amazon’s (AMZN)…
S&P 500 earnings are in for 2023 Q4, and here is our valuation analysis. The following chart shows the…
A Sector Rotation Summary A quick assessment of current sector rotation on the weekly Relative Rotation Graph: XLB: Still…
2024 will be marked by a massive string of bank failures!!! Well, according to a few economists on the…
In this edition of StockCharts TV‘s The Final Bar, Dave drops a market update, with a focus on Bitcoin’s rebound above…
My preference is to trade strong stocks that are simply consolidating and ridding themselves of weak hands, hopefully just…