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Barchart
Barchart
Jim Van Meerten

DARK SECRETS: What to do when there s nothing to buy | Rare Historical Photos

  • Today I’m focusing on the charts and data associated with two popular benchmark ETFs: S&P 500 ETF (IVV) and NASDAQ 100 ETF (QQQ).
  • IVV has a Trend Seeker “Sell” signal and an 88% “Strong Sell” from Barchart Opinion. 
  • QQQ has the same readings and is more than 20% below its 52-week high. 

Normally I lead with “I found today’s Chart of the Day by using Barchart’s powerful screening functions. I sorted for stocks with the highest technical buy signals, superior current momentum in both strength and direction, and a Trend Seeker “buy” signal. I then used Barchart’s Flipchart feature to review the charts for consistent price appreciation.” 

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