-
Continue reading →: Mag 7 or Lag 7?
Roughly two months ago I wrote about the “Mag 7” stocks, focusing on three main technical factors when evaluating a stock – trend, momentum, and relative strength. You can read my old post here: https://dash-charts.com/2024/02/25/mag-7-still-struggling/ Over the past few months, and especially since the start of the year, many “Magnificent 7” or…
-
Continue reading →: Gold Is Outperforming
I’ve been following the relationship between bonds, stocks, and commodities for some time, and have noticed some interesting shifts over the last few months. Last month, I outlined some relative strength relationships between gold and various asset classes, where I included various levels to watch: https://dash-charts.com/2024/03/10/can-gold-outperform/ Gold has been flirting…
-
Continue reading →: Important Weekly Charts
At the end of a week and at the end of every month, I cycle through various charts of assets and relationships that I am monitoring. I believe it’s invaluable to assess trends over various time frames, regardless of your own investing time horizon. I was taught to “zoom out”…
-
Continue reading →: Commodities Time to Shine
We continue to watch bond prices fall and the major stock market indices move sideways. What about the third asset class – commodities? The $CRB Index, which tracks about 19 different commodities, has consolidated for about two years until recently. Some commodities in this basket have also begun to show…
-
Continue reading →: Is Energy Trying to Tell us Something Here?
Over the last 4 years – since the 2020 lows – the Energy sector has been the outperformer, and by a wide margin. The S&P 500 Energy sector has a whopping 233% return since March of 2020, and the closest behind is the S&P 500 Technology at a near 196%…
-
Continue reading →: Can Gold Outperform?
By now you’ve probably seen or heard that Gold reached a new all-time high this past week. Or maybe you didn’t. Did the parabolic moves in the Technology sector grab your attention instead? Gold has been in a sideways pattern for the last 3+ years, and more recently, in a…
-
Continue reading →: What Happens Next?
What’s the old saying? The “trend is your friend until it bends?” It’s safe to say we are continuing to see major changes in the market, and especially with our market leaders (“Mag 7” stocks). I won’t even discuss sentiment shifts yet…. Let’s start with a few weekly chart index…
-
Continue reading →: Mag 7 Still Struggling?
The news is out. We all watched NVDA crush earnings this past week. It seems as though that was this month’s most-awaited event. My colleagues, friends, Uber drivers – Everyone was sitting on the edge of their seat all week. But why? Why did it seem like this one market…
-
Continue reading →: Making a Call
One of the most important things we learned as technicians is to apply a “weight of the evidence” approach to ultimately be able to make a call. The weight of the evidence approach allows you to make a list of all of your “Bull” factor evidence, and all of your…
-
Continue reading →: Relative Strength/Ratio Analysis
Relative Strength, or Ratio Analysis, is a tool I use in my investing and trading strategy. If you don’t know already, it is a form of momentum analysis – with a goal of finding an asset or security that is outperforming its benchmark. It does this by simple math –…
Hello,
I’m Dash Charts
Charts and Analysis | Not investment advice | Chartered Market Technician | Technical Analysis | Markets from a purely technical perspective
Let’s connect
Dash Charts Weekly?
Stay updated with analysis and ideas by following along to my weekly note.
Dash Charts 