Tom describes the key support range for the S&P 500 and the consequences if it doesn't hold. Tom also discusses technology strength, or lack thereof, as our major indices search for a bottom. Sentiment has turned very bearish, providing short-term hopes, and Tom discusses our current level of bearishness compared to recent periods. He wraps the show up with the Earnings Spotlight and 3 You Must See.
Tom discusses the recent downtrend in U.S. equities, pointing out what to look for in a possible reversal. Specifically, Tom highlights the absolute and relative weakness in semiconductors. Traders are growing very bearish and implications there are discussed during sentiment. After a brief lo...
Tom discusses the follow-through weakness after Friday's Fed-related massacre, noting that a key 50-day SMA test is now here. He demonstrates how you can use an exclusive StockCharts relative strength measure - SCTRs - to zero in on possible trading candidates. After discussing a few tips and t...
Tom discusses the Wednesday action before summarizing the "legalized thievery" taking place on Wall Street. He describes how this latest selloff has been nothing more than manipulation and further accumulation by Wall Street at the expense of retail traders. Tom wraps up the show with a few earni...
