Newsletters Test

8/20/24 - 2 buys

For each buy idea, you’ll see: 1-the pattern in blue or green 2-target 3-the suggested stop in red...

Seven Straight & Target Hit

Topics Covered: Market -SPX 5-day path -Seven-day winning streaks -Weekly SPX charts -Live patterns -Potential...

Week of 8/19/24

Topics Covered: Market -SPX 5-day path -Seven-day winning streaks -Big weekly gains -Weekly SPX charts...

Chart of the Week & Content Wrap – 8/16/24

Chart of the Week – FIS FIS was one of FOUR buy ideas that appeared across two Chart Trades pieces...

Clusters of Big Gains

Key Points: 1- The SPX now has had three 1% gains in six days.  We haven’t seen a cluster of 1% gains...

8/16/24 - 1 buy

For each buy idea, you’ll see: 1-the pattern in blue or green 2-target 3-the suggested stop in red...

Another 5-Day Winning Streak

Key Points: 1- The SPX now has logged SEVEN winning streaks of at least five days since the October’23...

Strong 6-day Moves

Strong 6-day Moves Altogether, the SPX now is +4.8% over the last six days, which is the best six-day...

Strong 6-day Moves & CPI

Topics Covered: Market -Intra-day -Strong 6-day moves -SPX & CPI -Live patterns -Potential patterns...

8/14/24 - 3 buys

For each buy idea, you’ll see: 1-the pattern in blue or green 2-target 3-the suggested stop in red...

The Retracement

Topics Covered: Market -Intra-day -Steps for a new uptrend -Retracement -Live patterns -Potential patterns...

8/12/24

https://vimeo.com/manage/videos/997757590 Market -Weekly SPX charts -Drawdowns -Live patterns -Potential...

New Breakout Target

Key Points: 1- The SPX’s pullback from the channel’s upper threshold does not look too different than...

Week of 8/12/24

Key Points: 1- The SPX’s pullback from the channel’s upper threshold does not look too different than...

Chart of the Week & Content Wrap – 8/9/24

Chart of the Week – MSFT MSFT was one of FOUR buy ideas that appeared in Friday’s Chart Trades...

A Short-Term Bullish Pattern

Key Points: 1- The S&P 500 finished yesterday near the potential breakout zone of a key short-term...

8/9/24 - 4 buys

For each buy idea, you’ll see: 1-the pattern in blue or green 2-target 3-the suggested stop in red...

8/8/24

Market -Steps for a new uptrend -Five straight 1% moves -The most important trend -Patterns Stats -Daily price...

The Most Important Trend

Key Points: 1 -Overall, from 5/31–7/8, the SPX closed above its mid-point 19/25 days or 76% of the time....

Steps for a New Uptrend

Key Points: 1- We review the seven steps needed for an uptrend to be re-established below.   2- The SPX...

Missing Uptrend Traits

Missing Uptrend Traits Bad closes have been the norm before and now, during, the summer correction of...

Discovery

Key Points: 1- The SPX has been missing five key components necessary for an uptrend since the second...

8/6/24 - Oversold & Near Support

For each buy idea, you’ll see: 1-the pattern in blue or green 2-target 3-the suggested stop in red...

Week of 8/5/24

Topics Covered: Market -SPX 5-day path -Weekly SPX charts -Drawdown scenarios -Live patterns -Potential...

Chart of the Week & Content Wrap – 8/2/24

Chart of the Week: 1% Gain => 1% Decline This chart appeared in Friday’s pre-market Opening Look piece,...

Another First...

Key Points: 1- The SPX followed a 1% gain with a 1% loss yesterday for the first time since August 23-24,...

August’24

Topics Covered: SPX -Key monthly stats -Patterns -Monthly chart -August Seasonality   Monthly Breadth...

SPX & FOMC

Key Points: 1- The SPX has been higher two weeks after a Fed rate decision six straight times.     2-The...

Waiting

Key Points: 1- The last time the SPX had two straight trading box breakdowns was last August and September....

7/30/24 - 3 buys

For each buy idea, you’ll see: 1-the pattern in blue or green 2-target 3-the suggested stop in red...

July 2024

Big Week

Key Points: 1- On Friday, 87% S&P 500 stocks finished higher, which was the best breadth day since...

Week of 7/29/24

Key Points: 1- On Friday, 87% S&P 500 stocks finished higher, which was the best breadth day since...

Chart of the Week & Content Wrap - 7/27/24

Chart of the Week – 2 % Declines As we know, the SPX logged a 2% decline on Wednesday for the first...

Reversals

Key Points: 1- The SPX’s drawdown stands at approximately 5% after yesterday.  If the bleeding stopped...

Unwind

Key Points: 1- 2% declines don’t happen a lot, but they are not rare.  Of the last 30 years, the SPX...

Sub-par Closes

Key Points: 1- Yesterday marked the SPX’s eighth close below its intra-day mid-point in the last 10 trading...

Clusters of 1% Moves

  1% Moves With the second 1% gain of July on Monday, the SPX has notched at least two 1% advances is...

No Summer Doldrums Yet

Topics Covered: Market -1% moves -Clusters of big days -Live Patterns -Potential Patterns -AVWAP         ...

7/23/24 - 3 buys

For each buy idea, you’ll see: 1-the pattern in blue or green 2-target 3-the suggested stop in red...

The Response

Key Points: 1- Seasonality: On average, the DJIA has sold off soon after the month’s second half has...

Week of 7/22/24

Key Points: 1- Seasonality: On average, the DJIA has sold off soon after the month’s second half has...

Shakeup

Key Points: 1- The SPX now is down two straight days.  Since the April downturn, there only has...

Monster Rotation Continues

Key Points: 1- Rotation continued to be the dominant theme, and this has resulted in eight straight days...

Historic Movement

Key Points: -Among other stats, here’s this:  IWM’s 14-day RSI now is at 80.  The indicator only has...

Opening Look & Chart Trades

OPENING LOOK Comparing the Rallies From the April low to yesterday’s intra-day high, the SPX has gained...

Comparing the Rallies

Key Points: 1- From the April low to yesterday’s intra-day high, the SPX has gained +14.6% over 58 trading...

7/16/24 - 3 buys

For each buy idea, you’ll see: 1-the pattern in blue or green 2-target 3-the suggested stop in red...

Breadth: New All-Time Highs

Key Points: 1- Six S&P 500 sectors gained at least 2% last week, which prompted the index’s advance-decline...

Week of 7/15/24

Key Points: 1- Six S&P 500 sectors gained at least 2% last week, which prompted the index’s advance-decline...

Chart of the Week & Content Wrap – 7/12/24

Chart of the Week – Real Rotation The rotation out of Tech and into everything else was widely...

Tech Lags, Everything Else Rallies

Key Points: 1-The S&P 500 now has had positive breadth for eight straight sessions on days in which...

7/11/24

Bullish Stats

Key Points:  1- Yesterday’s 1% gain ended the 22-trading day drought without one.  That was the longest...

Six Straight Gains

  Six Straight Gains Officially, the SPX notched its sixth straight gain yesterday, which started on...

Six in a Row

Key Points: 1- The SPX now is up six days in a row. Since the October’23 low point, this now is the index’s...

Eighth Pattern Target Hit

Key Points: 1- The SPX hit its eighth bullish pattern last week at 5,555.  We’re left with one live...

Week of 7/8/24

Key Points: 1- The SPX hit its eighth bullish pattern last week at 5,555.  We’re left with one live bullish...

Chart of the Week & Content Wrap – 7/5/24

Chart of the Week – The Strongest Stocks Buying only the biggest stocks may not sound appealing...

On Watch

Key Points: 1- The SPX’s MACD indicator recently triggered its 12th sell signal since April’23: nine...

The Strongest Stocks

Key Points: 1- The SPX finished about 80 bps shy of achieving the latest bullish pennant objective of...

The Real Trend

Key Points: 1- The SPX’s last 1% advance occurred on 6/5, which was 17 days ago.  This now is the longest...

7/2/24 - 2 buys, 1 Short

For each buy idea, you’ll see: 1-the pattern in blue or green 2-target 3-the suggested stop in red  ...

July'24 & Q3

Topics Covered: SPX -Key monthly stats -Patterns -Monthly chart -July Seasonality -After a Strong 1st...

Chart of the Week & Content Wrap - 6/28/24

  Chart of the Week – 1% Moves So far in June, the SPX has logged just a single 1% advance...

Almost Halftime

Key Points: 1- The SPX is set to log its seventh monthly gain in the last eight as June concludes. It...

June'24 vs. July'23

Key Points: 1- So far in June, the SPX has logged just a single 1% advance (6/5) and zero 1% declines....

Chart Rundown

Key Points: 1- We’ve seen the same kind of mini pattern play out throughout June for the SPX:  A big...

Rotation Revisited

Key Points: 1- As late as 3:00 on Monday, 80% of the SPX’s stocks were up.  The late selloff knocked...

6/25/24 - 3 buys

For each buy idea, you’ll see: 1-the pattern in blue 2-target 3-the suggested stop in red   For each...

Top of the Channels

Key Points: 1- The SPX now is up 8/9 weeks and is testing the upper lines of TWO upward sloping channels....

Week of 6/24/24 - Top of the Channels

Key Points: 1- The SPX now is up 8/9 weeks and is testing the upper lines of TWO upward sloping channels....

Chart of the Week & Content Wrap – 6/21/24

  Chart of the Week – Seventh SPX Upside Target Hit With all the talk centered on the (formerly)...

Seventh SPX Upside Target Hit

Key Points: 1- The SPX hit our latest target of 5,495 yesterday, making it the seventh successful bullish...

6/21/24 - 3 buys

For each buy idea, you’ll see: 1-the pattern in blue 2-target 3-the suggested stop in red   For each...

XLC vs. XLK

Topics Covered: Market -Patterns -AVWAP    Daily Stats -Daily price action -Index breadth -Sector performance...

Breadth Divergences Grow

  Breadth Divergences Grow As we know, the biggest growth names have separated themselves from the smaller...

This Hasn't Happened since September 2020

Key Points: 1- The XLK Tech ETF ended yesterday with a 14-day RSI reading of 80, the highest since 9/1/20. ...

6/18/24 - 2 buys, 1 short

For each buy idea, you’ll see: 1-the pattern in blue 2-target 3-the suggested stop in red   For each...

Breadth Divergences Grow

Key Points: 1- The SPX now is getting close to testing the upper lines of two weekly trading channels....

Week of 6/17/24

Key Points: 1- The SPX now is getting close to testing the upper lines of two weekly trading channels....

Chart of the Week & Content Wrap - 6/14/24

  Chart of the Week – AAPL As we know, AAPL blasted back to new highs with one of its biggest two-day...

Fear of New Highs

Key Points: 1- The CNN Business Fear & Greed Index hit the Fear Zone yesterday as the SPX made a...

SPX: Three Live Bullish Patterns

Key Points: 1- With Wednesday’s opening gap and hold, the latest pattern breakout was confirmed. The...

Double Jeopardy

Key Points: 1- The SPX sits at a new-all time high with a 14-day RSI of 67 ahead of today’s trading session....

A Recent Trade Idea

ENPH is a risky and longer-term play. It’s had an extremely volatile downfall and subsequent comeback...

Waiting

Key Points: 1- The SPX’s short-term price action continues to follow the blueprint we’ve seen since the...

6/11/24 - 3 buys

For each buy idea, you’ll see: 1-the pattern in blue 2-target 3-the suggested stop in red   For each...

Week of 6/10/24

Key Points: 1- The SPX now has spent five weeks above each of the key weekly moving averages – the shortest...

New Highs vs. Divergences

Key Points: 1- The SPX now has spent five weeks above each of the key weekly moving averages – the shortest...

Chart of the Week & Content Wrap – 6/7/24

  Chart of the Week – The SPX’s Latest Bullish Pattern The S&P 500 continues to extend...

Chart Rundown

Topics Covered: Daily Stats -Daily price action -Index breadth -Sector performance -Best & worst...

6/7/24 - 2 buys, 1 short

For each buy idea, you’ll see: 1-the pattern in blue 2-target 3-the suggested stop in red   For each...

Winning Streaks, 1% Gains & Tech

Key Points: 1- The SPX now is up four straight days, which is the NINTH winning streak of at least four...

SPX Holding while Others Move

Key Points: 1- So far, things have played out in the short-term work as we’d expect after the last snapback. ...

Losing Streaks & Drawdowns

Short Losing Streaks The SPX hasn’t had a losing streak longer than two days in a while. Specifically,...

Short Losing Streaks

Key Points: 1- The SPX hasn’t had a losing streak longer than two days since the six-day downturn from...

6/4/24 - 3 Buys, 1 Short

For each buy idea, you’ll see: 1-the pattern in blue 2-target 3-the suggested stop in red   For each...

June'24

Topics Covered: SPX -Key monthly stats -Patterns -Monthly chart -June Seasonality   Monthly Breadth &...

Chart of the Week & Content Wrap - 5/31/24

  Chart of the Week The following commentary appeared in Wednesday morning’s Opening Look piece. ...

May 2024

Spotted ➡ Rotation

Key Points: 1- Before yesterday, the last time the XLK lost 2% was on 4/30/24. The SPX had 11% advancing...

The Last Three Days

Key Points:   1- There only have been three trading days since last Thursday’s bearish engulfing pattern,...

The Market's Foundation

Key Points: 1- S&P 500 breadth has been sub-par recently, with negative internals now in 5/6, 6/8...

5/28/24

Market -SPX 5-day path -Weekly charts -MACD -% stocks > MAs -RSP Equal Weight -Patterns -AVWAP   ...

Four SPX Charts

SPX Weekly Track If it felt like a back-and-forth week with ultimately no net movement in front of a...

Five Week Win Streaks

Key Points: 1- Friday’s snapback helped the SPX secure its fifth consecutive weekly advance, its second...

Week of 5/28/24

Key Points: 1- Friday’s snapback helped the SPX secure its fifth consecutive weekly advance, its second...

Chart of the Week & Content Wrap – 5/24/24

  Chart of the Week – Bearish Engulfing Patterns The SPX logged a bearish engulfing pattern yesterday...

After the Reversal

Key Points: 1- Given that the prior few days of price action all were tiny in comparison, the SPX’s reversal...

5/24/24 - 3 Buys, 2 Shorts

For each buy idea, you’ll see: 1-the pattern in blue 2-target 3-the suggested stop in red   For each...

Now vs. Nov'23

Key Points: 1- There are similarities between the current comeback and November’23. See below.   2- A...

Digestion

Key Points: 1- In the 11 trading sessions since big 3-day advance from 5/2-5/6/24, the SPX has logged...

5/21/24

Topics Covered: Stats -Daily price action -Index breadth -Sector performance -Best & worst...

Five Crypto Charts

Ethereum Let’s start with Ethereum’s massive 20% spike.  As we know, speculation that an ETF is getting...

Chart Rundown

Key Points: 1- Ethereum and Bitcoin’s huge moves have brought them closer to major pattern breakout attempts....

Higher Highs & Higher Lows

Key Points: 1- The SPX has a four-week gain of 6.77%.  Since June’2020, it’s the 13th four-week gain...

Chart of the Week & Content Wrap – 5/17/24

  Chart of the Week – Successful Bullish Patterns The S&P 500 hit its sixth bullish pattern...

CPI & Indicator Check Up

Key Points: 1- The SPX comes into CPI Day with a 14-day RSI reading of 64. The last seven times the SPX...

SPX, ARKK & NASDAQ Breadth

SPX Still Calm The SPX is coming off its best three-day and three-week advance of 2024, both of which...

SPX Still Calm

Key Points: 1- The SPX logged it second negligible loss in the last four trading days. If bullish pattern...

Best Three Weeks of 2024

Key Points: 1- The SPX now is +5.1% over the last three weeks. It’s the best three week run of 2024 and...

Best Three Weeks of 2024

Key Points: 1- The SPX now is +5.1% over the last three weeks. It’s the best three week run of 2024 and...

Chart of the Week & Content Wrap – 5/10/24

  Chart of the Week – Good Closes 🟢The SPX just closed above its intra-day mid-point for the 10th...

Another Potential Bullish Pattern

Key Points: 1- The SPX is close to triggering another bullish pattern. There are currently two live bullish...

Good Closes are Back

Key Points: 1- The SPX has closed above its intra-day mid-point 10/13 trading sessions (77% of the time)....

5/9/24 - Eight Bullish Bank Charts

For each buy idea, you’ll see: 1-the pattern in blue 2-target 3-the suggested stop in red   For each...

Chart Rundown

Topics Covered: Key Charts -MAGS vs. SPX -KRE Regional banks -XLE Energy -XLU Utilities -XLY Cons Discretionary...

Best 3-Day Run… of 2024

Key Points: 1- The SPX logged its second straight 1% gain yesterday – for the third time since the October...

Three Important Next Steps

Key Points: 1- The SPX logged its first 1% gain of May on Friday, which makes it four +/-1% moves in...

Week Ending 5/3/24

Topics Covered: -Weekly SPX –Weekly Breadth: SPX, NDX –Best 20 ETFs: XBI, SOCL –Worst...

Chart of the Week & Content Wrap - 5/3/24

  Chart of the Week – Trading Boxes Why do we track trading boxes so closely?  Each trading range...

5/3/24

Market -Trading boxes -Rallies vs. drawdowns -10-DMA -Failed tops -Live Patterns -Potential Patterns...

Trading Boxes, Rallies and Failed Tops

Key Points: 1- Why do we track trading boxes so closely?  Each trading range leads to one of two things...

The Pattern Battle Continues

Key Points: 1- The SPX had seven +/-1% moves in April, the most since October. From January 2022 through...

April'24 Performance & May Outlook

Topics Covered: SPX -Key Monthly Stats -Patterns -Monthly chart -After five straight up months end -May...

Choose Your Bias

Key Points: 1- The SPX continues to trace out potential bullish and bearish patterns.  See a lot more...

4/29/24

Topics Covered: Market -One Percent Gains -Market Strength Indicator -Bollinger Bands -MACD -Live Patterns...

Key Spot, Key Week

SPX The SPX capped off last week’s comeback with its second 1% gain of the week. Overall, we’ve seen...

Key Spot, Key Week

Key Points: 1-  The SPX logged two 1% gains last week.  There were at least two 1% gains during a calendar...

Week Ending 4/26/24

Topics Covered: -Weekly SPX –Weekly Breadth: SPX, NDX –Best 20 ETFs: SMH, KWEB –Worst...

4/26/24

Market -Good closes -Live Patterns -Potential Patterns -SPX vs. 10-day moving average -New highs vs....

Another Good Close

Key Points: 1- The SPX has closed above its mid-point four straight days. This has been an about-face...

Pattern Battle

Key Points: 1- The Nikkei 225 fell 1% last evening, thus, it failed to recapture its pattern breakdown...

4/25/24 - 2 buys, 1 short

For each buy idea, you’ll see: 1-the pattern in blue 2-target 3-the suggested stop in red   For each...