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| Hey There Fellow ChartWatchers! | "Stay In Strong Stocks"
That's one of my favorite little phrases that I love to shout about. After all, if you want to outperform the market, you need to own stocks (or funds!) that are outperforming the market.
But I know, I'm simplifying things here. Those four little words make it sound easy, but in practice, it's far from it. But fortunately for us chartists, we know the magic of relative strength and can use the technical tools at our disposal to stay focused on the strongest stocks out there.
So with that in mind, on this week's edition of "StockCharts In Focus", we went deep on one of my favorite tools for pinpointing those strong stocks: SCTRs!
If you're wondering what the heck a SCTR is, I'm talking about our StockCharts Technical Ranking system. As we discussed on the show, we've created a unique ranking system for stocks, ETFs and more that allows you to gauge the technical strength of a security relative to other similar symbols within its "universe".
This powerful indicator can help you filter out the strong stocks from the weak ones at a quick glance, streamlining your research process and keeping you focused on the higher-probability setups in the market. You can even add the SCTR to your charts as a standalone indicator and analyze the rank over time for any symbol you're following, just like other indicators you're familiar with.
We get into all the crucial details you need to know about SCTRs on this week's show, and I demonstrate how this unique StockCharts tool factors into my personal approach to the markets. For instance, you'll see how I use the SCTRs to sort through stocks within the Sector Summary page, and how I use them to review scan results more efficiently.
So click the thumbnail below to catch this week's episode!
 | | Chart on, my friends. | | | |
| THIS WEEK'S ARTICLES | | | | ChartWatchers | | Dead Cat Bounce on S&P 500? | | by David Keller | | When a market makes a quick move lower from an established peak, then quickly rebounds back to the upside, you will hear the dreaded phrase "dead cat bounce" emerge on trading floors... | | | | | | | | | | | | | | | ChartWatchers | | Gold Names Firm Up to 3-Month Highs | | by Greg Schnell | | I fired through some scans this morning and only one Gold name popped up. Then, after I altered my scan criteria slightly, a plethora of nice setups showed up. In a few weeks, StockCharts will have some new shows regarding scanning... | | | | | | | ChartWatchers | | How to Best Position Yourself For a Rocky Market Ahead | | by John Hopkins | | The volatility we've seen in the market of late can be linked to some recent reports showing that inflationary concerns are becoming problematic. More specifically, the Labor Department reported that CPI rose by 0.8%, while the rate of inflation over the past year climbed 4... | | | | | | | Mish's Market Minute | | Is the Current Market Rally Sustainable? | | by Mish Schneider | | This past week, dip buyers saved the market from breaking lower. The Retail (XRT) and Regional Banking (KRE) sectors have cleared back over resistance from their 50-day moving averages, followed by the Biotech (IBB) clearing back over its 200-DMA... | | | | | | | MORE ARTICLES → | |
| | | Wrap the Week | David Keller, CMT (05.14.21) | | | | | | | Larry McMillan, McMillan Analysis Corp. | David Keller, CMT | Behind the Charts (05.10.21) | | | | | | | Pinpoint The Strongest Stocks With "SCTRs" | Grayson Roze | StockCharts In Focus (5.14.21) | | | | | | | Inflation? This Area Performs Well | Mary Ellen McGonagle | Your Daily Five (05.13.21) | | | | | | | The Power Of The Plug-in | Dave Landry | Trading Simplified (05.12.21) | | | | | | | Using the 50 and 200 Week Moving Averages | Mish Schneider | Mish's Market Minute (05.14.21) | | | | | | | Don't Pigeonhole Yourself | JC Parets, CMT | All Star Charts (05.12.21) | | | | | | | Breaking Down the Biotech ETF | Arthur Hill, CMT | Next Level Charting (03.13.21) | | | | | | | UPCOMING GUESTS | | | | WATCH LIVE → | |
 | | Smarter Investing Starts Here. | | As a StockCharts Member, you unlock all of our most powerful tools and features, including saved charts and settings, custom scans, technical alerts and much more. Discover all that StockCharts can do with our free 1-month trial and start charting like a true market pro. | | | | Learn More | | |
| ChartSchool "Tip of the Week" | | You can chart a ratio symbol to compare the performance of one symbol against any other by separating them with a colon. For example, create a chart of Apple's performance relative to the S&P 500, you can enter "AAPL:SPY" in the symbol entry box. The resulting chart will display the price history of Apple relative to the S&P 500. | | | VISIT CHARTSCHOOL → | |
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