Newsletters

Since the Last Breakout

Key Points: 1- It’s been 27 trading days since the SPX broke out from 5,650 on 9/19. We look at the key...

10/29/24 - Banks

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

Week of 10/28/24

Topics Covered: Market -SPX 5-day path -Weekly winning streaks -Weekly losing streaks -Long-term trading...

Chart of the Week & Content Wrap – 10/25/24

Chart of the Week – 12 Months of Successful Bullish Patterns Earlier in the week, we discussed...

12 Months of Successful Bullish Patterns

Key Points: 1- We’re just about 12 months removed from the Oct’23 low. Since then, there have been NINE...

10/25/24 - 3 Buys

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

Uptrend Traits

Good Closes One streak that no one is talking about extended on Tuesday: the SPX closed above its intra-day...

Uptrend Traits, Industrials & Vol

Key Points: 1- The SPX’s long streak without consecutive declines ended yesterday, but the index continues...

Sub-20% Breadth Days

Key Points: 1- The SPX ended yesterday with 16% stocks up for the session.  Since the Oct’23 low, it...

Six Straight Weekly Gains

Topics Covered: Market -SPX 5-day path -Weekly winning streaks -Long-term trading channel -Weekly patterns -Live...

Week of 10/21/24

Topics Covered: Market -SPX 5-day path -Weekly winning streaks -Long-term trading channel -Weekly patterns -Live...

Chart of the Week & Content Wrap - 10/18/24

Chart of the Week – NFLX  Within the Chart Trades report, we’ve started to do write ups for key...

10/18/24 - 2 Buys & Earnings

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

Small Caps - Now vs. July

Key Points: 1- IWM broke out from the daily bullish pattern and has a target of 253.   2- The recent...

New Highs and a Bearish Engulfing Pattern

Key Points: 1- Yesterday, 114 S&P 500 stocks hit new 52-week highs, which is the second most we’ve...

Strong Breadth & Stretched Sentiment

Key Points: 1- The SPX now has logged two straight 80% breadth days for the first time since three in...

10/15/24 - 2 Buys

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

Week of 10/14/24

Topics Covered: Market -SPX 5-day path -Weekly winning streaks -Long-term trading channel -Live patterns -AVWAP             Daily Stats -Daily price action -Index breadth -Sector performance -Best...

Chart of the Week & Content Wrap - 10/11/24

Chart of the Week – Tech Leadership Last week, Technology was the leading sector on both Tuesday...

US Dollar, Rates & Crude Oil

Key Points: 1- The US Dollar’s 10-day rate of change now is close to +2.9%, which is the biggest 10-day...

10/11/24 - 3 Buys

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

Tech Leadership & Strong Breadth

Key Points: 1- The Technology sector led for the second straight day on Wednesday. The last time that...

Responding to 1% Declines

Responding to 1% Declines   As noted yesterday: “during the most intense trading periods in 2024, clusters...

The Response

Key Points: 1- The SPX followed a 1% decline with a 1% gain yesterday for the SIXTH time since last year’s...

Spotted – October Volatility

Key Points: 1-The SPX just went 20 trading sessions between 1% declines, which is the longest run between...

10/8/24 - 2 Buys

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

Four Straight Up Weeks

Topics Covered: Market -SPX 5-day path -Weekly winning streaks -Weekly moving averages -Live patterns -AVWAP             Daily Stats -Daily price action -Index breadth -Sector performance -Best...

Week of 10/7/24

Topics Covered: Market -SPX 5-day path -Weekly winning streaks -Weekly moving averages -Live patterns -AVWAP             Daily Stats -Daily price action -Index breadth -Sector performance -Best...

Chart of the Week & Content Wrap - 10/4/24

Chart of the Week – Trading Boxes This write-up appeared in this past Friday’s Opening Look piece,...

October 2024

Post Jobs Setup

Key Points: 1- Over the last 10 trading days, the SPX has alternated gains and losses, with the only...

Breakouts and Drawdowns

Key Points: 1- The SPX remains above its most recent pattern breakout zone (5,650), having moved sideways...

A Familiar Start

  A Familiar Start Even though the SPX avoided a 1% loss on Tuesday, the 93-bps decline was the...

Another Slow Start

Key Points: 1- The SPX’s 93-bps loss on Tuesday was the worst in nearly a month (9/6).  Early monthly...

10/2/24 - 2 buys

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

October and Q4’24

Topics Covered: SPX -Key monthly stats -Patterns -Monthly chart -Q4 Seasonality -Q4 studies   Monthly...