The Financial Feed

BE SURE TO CHECK OUT THE PUBLIC CHARTLIST OF THE WEEK – Each week, Chip is singling out one of the Public ChartLists for recognition as the “Public ChartList of the Week.”  Two weeks ago it was Gary Berkley’s “Simple Systems” list.  This week it is Dirk Hettrich’s “Broad Look to Various Markets.”  A...

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Hello Fellow ChartWatchers! Did you follow the Facebook mania yesterday?  Even if you didn’t have a stake in the stock, it was still fascinating to watch the chart over the course of the day as the underwriters had to step in to prop it up.  I’ve added a snapshot chart of the first day’s...

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The current correction is creating very oversold conditions on intermediate-term indicators, like the ITBM (breadth) and ITVM (volume). While oversold indicators often signal final price lows for a correction, extremely oversold readings are a sign that the price low for the correction probably won’t arrive until weeks after the extreme indicator lows. On the...

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Track Facebook’s IPO on StockCharts.com – We’ve just added Facebook (FB) to our system so you can track all the fireworks on Friday.  We hope you “Like” it! From The Financial Feed, post Track Facebook’s IPO on StockCharts.com HUGE GIANT BIG FAT DISCLAIMER: Nothing on this site should be construed as investment advice or...

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Just a quick heads up about a new security issue to worry about.  If you see ads on Wikipedia, you have a virus on your computer.  Here’s a link to all the details.   I mention this to everyone here at StockCharts because: 1.) chances are you visit Wikipedia often and 2.) these kind...

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May has been nothing but mayhem for the market as all nine sectors moved lower. The PerfChart below shows the percentage change since May 1st. Over the last 11 trading days, the Finance SPDR (XLF), Energy SPDR (XLE) and Basic Materials SPDR (XLB) are leading the market lower. The three defensive sectors (XLU, XLP,...

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