Today's Markets

Schedule for Week of November 18, 2018

The key economic reports this week are October Housing Starts and Existing Home Sales.Happy Thanksgiving!----- Monday, Nov 19th ----- 10:00 AM: The November NAHB homebuilder survey. The consensus is for a reading of  68, unchanged from 68. Any number above 50 indicates that more builders view sales ...

Week Ahead: Nifty has multiple overhead resistances to deal with in this short week

The Indian Equity Markets spent the entire week on expected lines. The previous week was expected to be turbulent, and the zone of 10600-10750 was set to pose stiff resistance to the Markets and on these analyzed lines, the NIFTY continued to remain volatile all throughout the week. The benchmark I ...

You Really CAN Make Money in a Rough Market Environment

The quarter beginning 10-1-18 has been challenging for a lot of traders. The NASDAQ has lost almost 10% while the S&P has lost 6%, both well off the quarter's low. Volatility has reigned with the VIX at elevated levels for most of the quarter. It has been challenging for us at EarningsBeats as well ...

DP Weekly Wrap: Does SPY Have Bullish Reverse H&S? Gold Sentiment Is Looking Contrarian

A lot of people are seeing a reverse head and shoulders pattern developing, and it is really not hard to spot. From Friday's close, it will take a rally of a little less than 3% for price to reach the neckline. Add another 4.5% and new, all-time highs will be made. Some indicators favoring a positi ...

November 16, 2018

The TXPR Index hit a new 52-week low today, touching 667.15, well below the prior low (set on October 30) of 669.90. There have now been seven straight days of losses, during which the price index has gone down 2.73%. CPD closed at 13.38, its low for the day, just a penny above its 52-week low set ...

NEW! Introducing "Chart View" For Market And Industry Summary Pages

The more charts, the better. That's my motto, especially this week. I'm happy to announce that our Market Summary and Industry Summary pages have recently received a major upgrade – "Chart View" is here!  We've expanded the functionality of these two important pages, making them even more usef ...

Dollar Lower Ahead of Crucial Week for Brexit and Italian Budget

The US dollar is weaker across the board on Friday. The comments from U.S. Federal Reserve Vice-Chair Richard Clarida on interest rates nearing a neutral rate were dollar negative. Rising optimism about the US-China trade disagreement also depreciated the greenback as investors exited the safe have ...

Money Managers Report Lowest Exposure Since Early 2016

One of the sentiment indicators that I update MarketWatchers LIVE viewers on each Friday is the National Association of Active Investment Managers (NAAIM) exposure reading. A few things you should know about these guys. NAAIM’s membership ranges from small regional firms to large national firms, ...

11/16 MWL Recap: "What's Hot, What's Not" with Mary Ellen McGonagle - DP Sentiment Update

Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Listen and watch a show devoted to technical analysis of the stock market with live market updates and symbols that are hot. The show runs throughout the day on StockCharts TV or yo ...

Have we seen the bottom in Gold? David Brady (16/11/2018)

Nov 16, 2018 Gold initially began its bounce on Wednesday on the back of news that China hawk Peter Navarro had been muzzled by the White House and there were ongoing trade discussions between China and the U.S. at all levels of government. The same evening, Fed Chair Powell made some statements th ...