Swing Trader Pro: Afternoon Briefing (04-28-2023)

about 1 year ago by David @ All Star Charts

From the Desk of Kimmy Sokoloff The market was full speed ahead today, and this week looks like just a blip on the chart. At the rate we’re going we can see 421 on $SPY. Here are today’s trades: I bought $XOM at 118.02 and sold at 118.80. I bought $NFLX at 326.75 and sold […] The post Swing Trader Pro: Afternoon Briefing (04-28-2023) appeared first on All Star Charts.

Are Stocks Ready to Run? | Bruce Fraser | Power Charting (04.28.23)

about 1 year ago by StockCharts @ StockCharts.com YouTube Channel

The NYSE Composite Index ($NYA) has been in a well defined secular uptrend for almost 50 years. This upward trend is studied. Currently the $NYA is marginally below the trendline that has defined this very long advance. Thus the NYSE Composite has the potential to fall down and out of this all important trend. Thus, it can be said that the $NYA is on the ‘Knife’s’ Edge. Could the index hold at this trendline and rally, as it has so many times before? Zooming in to a study of the current price structures of the S&P 500 and the NASDAQ 100 the question is considered of whether they are poised to rally from current levels. Also two seasonality studies are consulted for the likelihood of higher stock indexes in the second calendar quarter. 00:00 Intro 02:05 NYSE Composite 1973-2023 ($NYA) 06:58 Key Points - Economic/Financial Stress 13:42 Nasdaq 100 Index ($NDX) 16:36 S&P 500 Index 2004-2023 ($SPX) 19:32 Dow Jones 10-Year Cycle Decennial Pattern 22:00 S&P 500 ($SPX) Resistance Zon...

Dancing with the Market | TG Watkins | Moxie Indicator Minutes (04.20.23)

about 1 year ago by StockCharts @ StockCharts.com YouTube Channel

Today I take you inside the Moxie Indicator trading room and show you how we have been navigating this week of large up and down moves. It has been a fun and interesting several days as the market twists itself into a pretzel, but we have been managing to stay with it and accurately taking trades that have captured both the short then long side of the market. 00:00 Intro 02:58 First Trust Dorsey Wright Momentum & Low Vol ETF ($VOLD), S&P 500 ETF (SPY), Bank of Montreal MicroSectors FANG Index FNGD 04:08 Gold Miners ETF (GDX), S&P 500 ETF (SPY), Russell 2000 ETF (IWM) 09:31 QQQ Trust (QQQ), Russell 2000 ETF (IWM), Meta Platforms (META) Learn About the Moxie Indicator here: https://support.stockcharts.com/doku.php?id=acp:plugins:stmoxie You can purchase the Moxie Indicator ACP Plugin here: https://stockcharts.com/marketplace/acp/simpler-trading-moxie.html CONNECT WITH TG Free Newsletter: https://www.profit-pilot.com Twitter: https://twitter.com/TG_ProfitPilot Facebook: https:/...

Megatrends Evolution | Joe Duarte | Your Daily Five (04.28.23)

about 1 year ago by StockCharts @ StockCharts.com YouTube Channel

Today, Joe talks about the evolution of Megatrends. He shows you how things are actually changing very rapidly in the markets. Joe discusses investing in the repurposing of office buildings which of a direct offshoot of the megatrend that we are seeing. 0:00 Intro 1:30 Definition Of Megatrend 3:36 Fed Funds Index ($$FEDRATE) 10-Year Treasury Yield ($TNX) 4:22 US Real Estate ETF (IYR) 5:25 Materials Sector ETF (XLB) 6:31 Communication Services ETF (VOX) 7:40 Recap Connect with Joe: https://www.joeduarteinthemoneyoptions.com https://www.buymeacoffee.com/wsdetectivX ––––– Enjoy this video? Subscribe to StockCharts on YouTube to watch more great content from top financial experts, with new content posted daily: https://tinyurl.com/wvet7qj See what better financial charting can do for you! Start your FREE 1-month trial today at https://stockcharts.com FOLLOW US Twitter: @StockCharts : https://tinyurl.com/tt7429e @StockChartsTV : https://twitter.com/stockchartstv Facebook: https...

Hotels: Occupancy Rate Up 2.3% Year-over-year

about 1 year ago by Calculated Risk @ Calculated Risk

From CoStar: STR: Group Demand Boosts Weekly US Hotel Performance in Mid-April U.S. hotel performance increased from the previous week, according to STR‘s latest data through April 22. April 16-22, 2023 (percentage change from comparable week in 2022): • Occupancy: 67.2% (+2.3%) • Average daily rate (ADR): $155.76 (+4.2%) • Revenue per available room (RevPAR): $104.64 (+6.6%) emphasis addedThe following graph shows the seasonal pattern for the hotel occupancy rate using the four-week average.<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhqPXLtAFEbb680HuSV639-r3dhvIgoAPUX5mHUr-AjzSeeCfSjdGW0PBeynwe2mPbaSoeHd8zpAH0Hi5wK5dhRshFHOBFaXhhbTP8oluafUw1bfVZ2IyZ3F7wYxL0uDJtQ_RU7gphWIUlw4i6XSy7e2k60...

La Rosa Holdings Seeks $7 Million Mini-IPO

about 1 year ago by SA IPO Analysis

It's Hard Not To Like Exxon Mobil Right Now

about 1 year ago by SA Editor's Picks

XOM

Chart Advisor: Restaurants Break Out

about 1 year ago by Contributor Author @ IBKR Traders’ Insight

In yesterday's note, we discussed the increasingly vulnerable position that small-cap stocks are in. With the Russell 2000 Index (IWM) threatening to fall below its prior-cycle highs from 2018 for the fifth time in less than a year, sellers may be ready to take control. The post Chart Advisor: Restaurants Break Out appeared first on IBKR Campus.

IWM

Stagflation Is Here: What Can Investors Expect?

about 1 year ago by Michele Schneider @ See It Market

The PCE rises (although far from the 8% peak). The GDP falls (is contraction of the economy over? Meanwhile, stagflation persists along with the trading ranges in indices and many sectors. Plus, the theory we have been expounding on (a 2-year business cycle within a longer 6–8-year business cycle) gets more relevant every week. How […] The post Stagflation Is Here: What Can Investors Expect? appeared first on See It Market.

Friday links: de-risked projects

about 1 year ago by abnormalreturns @ Abnormal Returns

[Video] Fox Business: New Highs Coming For S&P500?

about 1 year ago by JC @ All Star Charts

I was in New York City most of the week for the annual CMT Symposium. On Wednesday afternoon I dropped by Fox Business to chat with Liz Claman about the ongoing bull market that is now on Month #11. My point in the hit was that a lot of the focus seems to be on […] The post [Video] Fox Business: New Highs Coming For S&P500? appeared first on All Star Charts.

ASC

Nowhere, Man

about 1 year ago by Steve Sosnick @ IBKR Traders’ Insight

As I write this, around midday on the last day of the month, the S&P 500 Index (SPX) has spent the entire month within a 3% range; the NASDAQ 100 (NDX), which is typically more volatile, has been within a 4% range. The post Nowhere, Man appeared first on IBKR Campus.

Following a Robust January, Real Consumer Spending Contracts for Two Consecutive Months: Apr. 28, 2023

about 1 year ago by Jose Torres @ IBKR Traders’ Insight

After yesterday’s breathtaking equity rally, share prices are trading modestly higher this morning due to freshly released economic data and disappointing corporate earnings. The post Following a Robust January, Real Consumer Spending Contracts for Two Consecutive Months: Apr. 28, 2023 appeared first on IBKR Campus.

New Scan: RSI Cross

about 1 year ago by SwingTradeBot

I recently added a new scan which find stocks with RSI (14) crossing above or below a specified level . For example, stocks with RSI crossing below 70 or crossing above 50. That scan is located in the

Sentiment Speaks: GDP Will Go Negative As Market Reaches New All-Time Highs

about 1 year ago by SA Most Popular

ACTV AFMC AFSM ARKK AVUV BAPR IVOO IVOV IVV IWC IWM IWN IWO IWP IWR IWS IYY QQQ SPLV SPMD SPMO SPMV SPSM SPUS SPUU SPVM SPVU SPXE SPXL SPXN SPXS SPXT SPXU SPXV SPY SPYD SPYG SPYV SPYX SQLV SSO SSPY SYLD TMDV TPHD TPLC TPSC UAUG UJAN UMAR UMAY UOCT UPRO USMC USVM

Fed’s Preferred Inflation Measure Continues To Fall As Investors Prepare For One More Interest Rate Hike

about 1 year ago by Wayne Duggan @ IBKR Traders’ Insight

The bond market is pricing in an 85.8% chance of another 0.25% Fed rate hike in May. Core PCE, the Federal Reserve's preferred inflation measure, was up 4.6%. The post Fed’s Preferred Inflation Measure Continues To Fall As Investors Prepare For One More Interest Rate Hike appeared first on IBKR Campus.

Services Inflation is Stuck

about 1 year ago by Tom Becker @ IBKR Traders’ Insight

With all eyes on inflation, a deceleration in Core Services ex-Shelter prices is a key precondition for the Fed to gain confidence that the Consumer Price Index (CPI) is receding to mandate-consistent levels. The post Services Inflation is Stuck appeared first on IBKR Campus.

Show Us Your Portfolio: Jason Buck

about 1 year ago by Contributor Author @ IBKR Traders’ Insight

In this episode we speak with Mutiny Funds co-founder Jason Buck about how he manages his personal portfolio. The post Show Us Your Portfolio: Jason Buck appeared first on IBKR Campus.

Freddie Mac House Price Index Increased Slightly in March; Up 1.0% Year-over-year

about 1 year ago by Calculated Risk @ Calculated Risk

Today, in the Calculated Risk Real Estate Newsletter: Freddie Mac House Price Index Increased Slightly in March; Up 1.0% Year-over-year A brief excerpt: Freddie Mac reported that its “National” Home Price Index (FMHPI) increased 0.3% month-over-month on a seasonally adjusted (SA) basis in March, putting the National FMHPI down 1.3% SA from its June 2022 peak, and down 2.6% Not Seasonally Adjusted (NSA) from the peak. On a year-over-year basis, the National FMHPI was up 1.0% in March, down from 2.1% YoY in February.  The YoY increase peaked at 19.2% in July 2021. ... <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjcnh0JfsbiXmpvSJ8yxIk20iLU2c3yDqdHqvvhhdPiXtPAEntkomKbzL-SPR0-JaUyeelp6mL34m6VR8Y2IOuNjpvtLCwNurllup_VCGk2jeMNverKDqbQsg8RPlBAu6nZxbgXeFoI1...

Above the Noise: Guideposts on the Path to a New Cycle

about 1 year ago by Brian Levitt @ IBKR Traders’ Insight

I feel it’s my annual responsibility to remind investors that the old adage to “sell in May and go away” may not work.  The post Above the Noise: Guideposts on the Path to a New Cycle appeared first on IBKR Campus.