Santa just stuffed our stocking earlier with a 5.0% US GDP growth, sending stocks gapping higher this morning. So far, price has held the gain and trades at a fresh new all-time high. Be sure to see this morning’s “Big Picture Update” for a comparison of what that looks like on the Monthly Frame. Let’s…

As we slide toward the end of 2014, let’s take a moment to review the broader trends – recessions and recoveries – of the Big Three US Equity Indexes. It could help put your current trades in a larger perspective, especially for short-term traders. We’ll start with the S&P 500: Before we compare charts, let’s…

We begin our holiday week awaiting the possible “Santa Claus” bullish rally to keep the stock market trading higher. Let’s update our chart, note the message from Breadth, and focus on strong (and weak) stocks to trade: An expanded intraday chart reveals the divergent reversal (which we aggressively highlighted to members ahead of the expected…

Up, up and away in the aftermath of the Fed Day! Stocks continued their short-squeezed (pre-holiday) rally to end the week at the highs, piercing the 2,070 index level. Let’s update our chart, note the message from Breadth, and focus on strong (and weak) stocks to trade: The Fed threaded the needle and told the…

With trends shifting and reversing across global markets, let’s step back and take a quick look at a simple chart grid of country ETFs and note signs of relative strength or weakness. Here’s the chart grid: The grid above only highlights the MSCI iShares Exchange Trade Funds (ETFs) so be sure to go beyond this…

With today’s Fed Day generating the typical pattern and volatility, let’s focus on our levels and stocks to trade: Chair Yellen is current speaking at the post-announcement press conference so be sure to follow market reaction to any new information revealed. In absence of any surprises, focus your attention on the blue highlight near 2,015…

This time, buyers rushed to buy value at a test of the key 1,980 confluence level. Let’s update our levels and highlight the strongest trending stocks to trade for the moment: Yesterday had us focus on the 2,000 index level and today we’re seeing a strong rally (at least initially) up from the 1,980 higher…

Arc Trendline Patterns are among my favorite things to see on a chart because of the simple pattern and the large reversal that can occur once price breaks free of this “exponential” event. Crude Oil is forming an “Arc Trendline” pattern as it collapses rapidly, so be sure to watch this pattern and how price…

After what looked like a positive opening, stocks continued their sell-swing lower, breaking the 2,000 support level. A bullish divergence and V-Spike Reversal took price back to – then under – 2,000 which will be our focal point for the day. Let’s update our levels and highlight the strongest trending stocks to trade for the…

Right on cue, and directly from the key confluence level I highlighted yesterday, the bulls intervened to thrust this market higher again with a sharp retracement swing higher. Should we have expected anything different? Let’s update our levels and highlight the strongest trending stocks to trade for the moment: Buyers rushed to prevent the ongoing…