In this video, Mary Ellen analyzes the divergence between the S&P 500 and the Nasdaq while highlighting some of the areas driving Growth stocks. She also talks about the continuation rally in Energy and Utility stocks and shares which stocks are driving these areas higher. This video originally premiered January 3, 2025. You can watch it on our dedicated page for Mary Ellen’s videos. New videos from Mary Ellen premiere weekly on Fridays. You can view all previously...

Obviously, there will be many ups and downs in 2025 and no one chart or indicator can be relied upon 100% to help guide us throughout the year. But some key and very influential areas of the market do meet crossroads from time to time and it seems like one very important industry group is “on the clock” and should really garner our attention right now. Regional Banks While I don’t look for market-beating returns...

We monitor the weekly SPY chart and present it to our subscribers every Friday in our DP Weekly Wrap. We have been watching a bearish rising wedge on the weekly chart. The rising wedge pattern implies that you will get a breakdown from the rising bottoms trendline. That is exactly what happened this week. The one problem with these patterns is that they don’t give us a minimum downside target as most chart patterns provide....

As digital payments and fintech services continue to reshape the global economy, Block, Inc. (SQ) stands out as a potential beneficiary of this shift. A favorable technical signal and an attractive fundamental backdrop present a compelling bullish thesis for SQ. In this article, we will explore the reasons behind this positive outlook and discuss a strategy you can use to capitalize on it — all identified instantly through the OptionsPlay Strategy Center on StockCharts.com. Technical...

HAPPY NEW YEAR!!! Ever since the introduction of RRG back in 2011 many people have asked me questions like: “What is the track record for RRG” or “What are the trading rules for RRG”? My answers have always been, and will continue to be, “There is no track record for RRG as there is not one set of rules”. Relative Rotation Graphs are primarily a data visualization tool that can be applied to many different...

A little less than a week ago, I wrote an article about inflation and how it’s nothing more than a pipe dream in Fed Chief Jay Powell’s head. Let me expand on that article, maybe from a slightly different approach this time. The inflation rhetoric just won’t let up. Apparently, it makes no difference that the annual rate of core inflation has fallen from 6.7% to 3.3% and that the Fed sees this same core...

In this exclusive StockCharts video, Joe shares a specific ADX pattern that’s signaling potential exhaustion in the momentum right now. Joe analyzes three other market periods that displayed this pattern and the resulting correction which followed. He then discusses some of the most attractive looking cryptos, as well as QQQ and IWM. Finally, he goes through the symbol requests that came through this week. This video was originally published on January 2, 2025. Click this...