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 look at earnings, Tom wraps up the show with the 3 You Must See.
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...
Tom considers the technical damage inflicted from the worst stock market day since June, highlighting a key support range to watch from a bullish perspective. He then highlights price support and resistance for several of the S&P 500 component stocks. Tom provides everyone with two quick an...
