Charting Stocks

The Russian stock market collapsed today, causing the RTS and the Micex stock exchanges to suspend trading for one hour at 4:05 p.m. Moscow time.  The RTS stock index, which is denominated in US dollar,  plunged 9.4%, while the ruble-denominated Micex stock index fell 9.6%. The decline in Russia followed a tumble in oil prices, [...]

One of the ways market technicians try to predict sector out performance is by conducting a relative strength analysis. In a bear market the price charts of most sectors and stocks are moving down with the market. Some sectors are moving down more than the market, and so they are relatively weaker, and some are [...]