Chris Ciovacco
Chris Ciovacco Articles
If an investor was given the opportunity to invest in two nearly identical bonds with one bond paying 2% per year and the other paying 6% per year, logic says most would choose to invest in the higher-yielding bond. In the real world, the...
If we were having dinner with a friend while the markets were closed, it would be easy to say, "yeah that makes sense" in response to the following statement: During a bullish trend, stocks do not go up every day. During a bearish trend,...
Critics of technical analysis often mistakenly believe that using charts discounts the importance of fundamental data, such as earnings, employment, and economic growth. Charts allow investors to monitor the aggregate investor...
One of the great things about stock charts is they allow us to track the markets using reference points from the past. For example, we may have drawn a trendline three weeks ago, then three weeks later the market rallies back to the...
In this week's video we noted that markets would be easy if they went up every day during a bull market and down every day during a bear market (see clip). As humans, when we see bearish charts, we tend to expect the market to drop every...
The S&P500 has already violated the blue trendline below and retested the line below the orange arrow. If the bulls can mount a rally this week, 1925 can be used as a short-term guidepost.
The Dow Jones Industrial Average was first calculated on May 26, 1896. Therefore the index has been around for over 119 years. With the Federal Reserve talking about raising interest rates for the first time in over nine years in 2015, the...
During the past several weeks, we have read numerous accounts of "we are reducing risk before the Fed", which has a very rational fear-of-the-unknown basis. Over the same period, we cannot recall reading one anecdotal example of any...
Is The Distance Between The S&P500 And Its 50-dma A Showstopper? The short answer is "yes, it is a relevant concern looking out days/weeks." However, it is also worth taking a look at some historical examples. History helps us keep an...
This week all eyes and ears will be focused on the Federal Reserve's policy statement to be released at 2:00 pm ET Thursday. The Fed has three major paths they can take, with various permutations and combinations flowing off the base...
