The Santa Claus Rally may be iffy, but a 23.31% gain in the S&P 500 ($SPX) for the year isn’t too shabby. It was a stellar year in the stock market, especially for the top 10 weighted stocks in the S&P 500, and that’s worth making a toast as we close out 2024. In terms of the performance of S&P 500 stocks, Palantir Technologies (PLTR), Vistra Corp (VST), and NVIDIA (NVDA) took the top 3 spots. But performance is just one measure, and there are several other benchmarks. One that’s worth considering is strength, and, as the year winds down, let’s look at which S&P 500 stocks ended the year as the technically strongest ones. In the Sample Scan Library, if you run the S&P 500 Stocks under Predefined Groups and sort the results by the StockCharts Technical Rank (SCTR, pronounced S-C-O-O-T-E-R) from highest to lowest, PLTR takes the crown,…
There are a number of effective swing trading systems being used today. Let’s explore one that is popular among…
There are a number of effective swing trading systems being used today. Let’s explore one that is popular among…
There are a number of effective swing trading systems being used today. Let’s explore one that is popular among…
It’s an interesting market day with the market moving lower despite positive seasonality. Natural Gas (UNG) broke out in…
There are a number of effective swing trading systems being used today. Let’s explore one that is popular among…
Generally, there are 3 key hedges against inflation – gold ($GOLD), commodities ($XRB), and real estate (XLRE). While the…
After suffering a brutal selloff in the week before this one, the Nifty spent the truncated week struggling to…