The momentum phenomenon has been a fixture in the US equity markets for decades. There are two types of momentum to consider: absolute momentum and relative momentum. Absolute momentum refers to the underlying trend, up or down. Relative momentum quantifies ...
A Buying Climax typically concludes a long term uptrend. The rally phase from the October low of 2023 has these climactic characteristics. This advance comes after a major trend that began in late 2022. The steady upward march in the ...
BETA One of the Risk ON/OFF metrics I like to keep an eye on is BETA. From Investopedia: Beta (β) is a measure of the volatility—or systematic risk—of a security or portfolio compared to the market as a whole (usually the ...
We’re one day away from “DRAFT Day”! Every quarter, we select the 10 equal-weighted stocks that will comprise our 3 portfolios – Model, Aggressive, and Income. My background is in public accounting as I audited companies in the Washington, DC ...
On this episode of StockCharts TV’s Sector Spotlight, I separate the 11 sectors in the S&P 500 into Offensive, Defensive, and Sensitive, assessing their group rotational patterns to see if there is any alignment with the current technical condition of the ...
In this edition of StockCharts TV‘s The Final Bar, Dave focuses on AAPL which closed below its 200-day moving average as it tests key price support. Guest Jesse Felder of The Felder Report reports on the Titanic Syndrome, a market breadth indicator ...