Last week in our ETF Screener report we found that value stock looked good on the charts and oil stocks looked bad. Our Technical Analysis found thatt nothing has changed and for oil the charts have gotten worse. The angle of decent on almost all of the oil related industries is close to vertical. We […]

In our weekly review of more than 500 ETF and sector charts, we have identified what we see as an emerging trend. Money is coming out of the hot sectors, Oil & Gas, Utilities, Coal… basically all things energy and moving into all things that were getting killed. All the energy charts look as sick […]

The consumer is alive, technology and oil are playing dead. That’s what we found in this week’s review of industry charts. The sectors with charts delivering buy signals include:
Consumer Electronics
Consumer Goods
Recreation
Household Goods
Nondurable Household Goods
& Furnishings.

To take advantage of this emerging trend, investors can add iShares US Consumer Goods Index Fund (IYK). More aggressive investors wanting […]

In our weekly review of industry charts, seeking emerging trends, we have identified a few areas of strength in this market. We believe these sectors offer investors an opportunity to profit in the next 6-to-12 months.
Sectors with positive MACD readings include:

Yesterday’s selloff moved the Dow below a fairly major level of support at 12,000. In all likelihood, this violation will lead to more selling in the days ahead. The technical picture sets up almost too perfectly. According to what we see, the next stop is in the vicinity of the March 14th & 17th closing […]

It’s no surprise with the HUGE spike in oil prices on Thursday and Friday of last week, we find oil stocks climbing back into the top performing sectors for the first week of June. Coal continues to cling to the top spot as Semiconductors and Soaps & Cosmetics round out the top 10%.

In our weekly ETF round up, we see the evolution of emerging trends turning into sustained momentum for growth stocks, especially Mid Cap and Small Cap. We would advise our readers to avoid initiating any new positions in Large Cap Value stocks.
It’s clear to The Correct Call which of these two charts we would rather […]

During our weekly technical review of more than 500 ETF charts, something became very apparent to us rather quickly; the number of improving-to-healthy looking charts is swelling.
The trend of Mid Cap stocks, especially growth, leading the way continues. From our perspective, the Mid Cap charts paint a picture that is a stock picker’s version […]

The Correct Call has uncovered some emerging trends in this week’s review of more than 500 ETF charts. Our Technical Screens have led us to make some BOLD calls. On April 3rd, while most everybody else was piling in the Gold Volkswagen, we wrote that iShares COMEX Gold Trust (IUA) looked shaky. Since then, IUA […]

In this week’s technical analysis of more than 400 sector and ETF charts, we came away with another capitalization theme: Small Cap Stocks.
On chart after chart of small caps ETFS and Indexes, we saw the same patterns emerge: Short term moving averages about to cross over longer term averages and a pretty good bet that […]