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Why Now Might Be the Best Time to Invest in META Stock

Why Now Might Be the Best Time to Invest in META Stock


December 24, 2024
When quickly glancing at the StockCharts Technical Rank (SCTR) Reports Dashboard panel, one stock that popped up on Monday, albiet briefly, was Meta Platforms, Inc. (META). The stock has a year-to-date performance of over 70% according to the StockCharts Symbol Summary page and, after its recent pullback, the stock could be one to consider adding […]
The Fed  Is The New Waffle House

The Fed Is The New Waffle House


December 23, 2024
I had no idea the Fed could be such expert wafflers. But, as each month passes, it’s becoming clearer. The overall stock market trend, despite all the back-and-forth, yo-yo Fed decisions over the past 6 months, remains to the upside. Need proof? Check out this weekly S&P 500 chart for the past year: Now, if […]
Week Ahead: NIFTY’s Behavior Against This Level To Influence Trends For The Coming Weeks

Week Ahead: NIFTY’s Behavior Against This Level To Influence Trends For The Coming Weeks


December 22, 2024
After staying in the green following a sharp rebound the week before this one, the markets finally succumbed to selling pressure after failing to cross above crucial resistance levels. The Nifty stayed under strong selling pressure over the past five sessions and violated key support levels on the daily charts. The range remained wider on […]
Three Big Negatives Overshadow the Uptrends in SPY and QQQ

Three Big Negatives Overshadow the Uptrends in SPY and QQQ


December 21, 2024
SPY and QQQ remain in long-term uptrends, but three big negatives are currently hanging over the stock market. Two negatives are tied to important cyclical groups and the third is reminiscent of summer 2022. The semiconductor business is cyclical and the Semiconductor ETF (SOXX) is one of the weakest industry group ETFs. Housing is an important […]
Oversold Conditions Not Always a Friend

Oversold Conditions Not Always a Friend


December 21, 2024
Nearly all of our charts currently show deeply oversold conditions. While this is usually a good thing, in a market downturn, it isn’t necessarily your friend. As you can guess, we believe that Wednesday’s big decline was the beginning of something more serious. But the question is, “what about oversold conditions?” One of the Bear […]
AI Boom Meets Tariff Doom: How to Time Semiconductor Stocks

AI Boom Meets Tariff Doom: How to Time Semiconductor Stocks


December 21, 2024
Semiconductors are at a crossroads, with innovation fueling growth and tariffs threatening profits.  How might you navigate this potentially volatile landscape and identify opportunities without getting burned? In 2025, analysts predict AI will drive explosive demand in the semiconductor industry, fueling innovation and revenue growth. At the same time, this optimism is tempered by the […]
2024’s Big Bang: A Deeper Dive Into the Hindenburg Omen

2024’s Big Bang: A Deeper Dive Into the Hindenburg Omen


December 21, 2024
This week saw the fabled Hindenburg Omen generate its first major sell signal in three years, suggesting the endless bull market of 2024 may soon indeed be ending. Why is this indicator so widely followed, and what does this confirmed signal tell us about market conditions going into Q1? First, let’s break down the conditions that led […]
Will the Stock Market’s Santa Rally Bring Holiday Cheer to Investors?

Will the Stock Market’s Santa Rally Bring Holiday Cheer to Investors?


December 21, 2024
A smart investor listens to the stock market and this week’s stock market action was a perfect example of why this is important.  It was a roller-coaster week in the stock markets leading many investors to quickly sell holdings when there was a big selloff and scramble to go long again on Friday when the […]
Stock Market Sell Off: Is the Bull Market Over?

Stock Market Sell Off: Is the Bull Market Over?


December 20, 2024
Uncertainty in the stock market makes it difficult to make investment decisions. When investors sell off stocks, everyone follows without giving it much thought and you’re left trying to figure out which path you should take. We saw this price action in the stock market on Wednesday after the Federal Open Market Committee cut interest […]
Three RRGs to Keep You on Track

Three RRGs to Keep You on Track


December 20, 2024
The Yield Curve The RRG above shows the rotations of the various maturities on the US-Yield Curve. What we see at the moment is that the shorter maturities like BIL, SHY, and IEI are in relative uptrends against GOVT which means that the accompanying yields are being pushed lower. The longer maturities, all inside the […]
Navigating the Indecisive SPY: What Investors Should Know

Navigating the Indecisive SPY: What Investors Should Know


December 20, 2024
When running my StockCharts Technical Rank (SCTR) scan on Thursday, I was a little surprised to find that 75 exchange-traded funds (ETFs) and large-cap stocks made the cut, especially after Wednesday’s selloff. It was a little ray of hope. A quick sweep of the list didn’t reveal a particular sector or asset class to be […]
The Big Divergence in Bullish Percents

The Big Divergence in Bullish Percents


December 19, 2024
While the S&P 500 and Nasdaq 100 have been holding steady into this week’s Fed meeting, warning signs under the hood have suggested one of two things is likely to happen going into Q1.  Either a leadership rotation is amiss, with mega cap growth stocks potentially taking a back seat to other sectors, or a […]
DP Trading Room: Is Broadcom (AVGO) the New NVIDA (NVDA)?

DP Trading Room: Is Broadcom (AVGO) the New NVIDA (NVDA)?


December 17, 2024
Today Erin looks at the Broadcom (AVGO) chart and compares it to the NVIDIA (NVDA) chart. She shows us the differences between the two and tells you whether she believes AVGO will be the new NVDA, meaning it will perform as NVDA used to perform with a concerted move up nearly everyday. Carl analyzes the […]
Communications Trying to Prop Up Equity “Go” Trend

Communications Trying to Prop Up Equity “Go” Trend


December 17, 2024
Good morning and welcome to this week’s Flight Path. The “Go” trend in equities continued again this past week but we saw some weakness as GoNoGo trend painted a few weaker aqua bars. Treasury bond prices experienced a change in trend as a few bars of “Go Fish” gave way to a purple “NoGo” bar. U.S. […]