It is a big week for earnings and NVIDIA (NVDA) is at the top of the list! Erin gives you her view on whether to hold into earnings based on the technicals of the chart.…
Category:
Stocks
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Earlier this year, in April and June, I laid out a bullish thesis for PayPal Holdings, Inc. (PYPL)—the stock price was bottoming and had the potential to break out. Since then, PYPL has improved. Earlier…
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Good morning and welcome to this week’s Flight Path. Equities continue their path out of the “NoGo” correction. The “Go” trend has returned for U.S. equities as we see first an aqua and then a blue…
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The following is a review of my book “Investing with the Trend” by Dr. Mark Holder. You can read the entire contents of the book on this blog, starting with this article. “History repeats itself.”…
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Stocks
Is Peloton Stock the Next Big Turnaround? What You Need to Know Before It’s Too Late
by adminPeloton’s (PTON) stock soared over 38% on Thursday after the company posted positive free cash flow for the second quarter in a row—a first since 2021. Is the turnaround working? Maybe. But investors aren’t waiting…
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It’s been nearly two years since Jackson Hole Jay saw his shadow and we all endured 6 more weeks of harsh market weather. If you need a reminder, August 26, 2022 was the day Fed…
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On the weekly Relative Rotation Graph, the rotation still favors almost every sector over Technology. I discussed the opposite rotations between weekly and daily RRGs in last week’s video, which you can find here. Real…
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Stocks
The SCTR Report: Workday Rises on Strong Earnings Results and Rising Technical Strength
by adminWhen a stock surges based on a strong earnings report, analyst upgrade, or other fundamental factors, it’s tempting to jump into the stock. But often, when a stock’s price spikes due to a one-off fundamental…
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The Home Construction ETF (ITB) is leading the market as it surged to a new closing high this week. While this high is certainly bullish and points to upside leadership, the real signal triggered back…
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In this StockCharts TV video, Mary Ellen reviews the broader market’s health while highlighting big shifts into newer areas, including banks, retail, and autos. Sharing one of the reasons Tech stocks were weak, she highlights which…