Posts From Chris Ciovacco

Chris Ciovacco
Chris Ciovacco graduated summa cum laude from The Georgia Institute of Technology with a co-operative degree in Industrial and Systems Engineering. While at Georgia Tech, he gained five years of valuable experience at IBM. Chris also worked for the Georgia Tech Physics department as a teaching assistant leading an undergraduate lab. After accepting a position with Morgan Stanley in Atlanta, Chris received extensive training which included extended stays in NYC at the World Trade Center. After five years at the large wire house, he founded his own money management firm, Ciovacco Capital Management (CCM), in late 1999. His areas of expertise include technical analysis and market model development. CCM’s popular weekly technical analysis videos on YouTube have been viewed over 600,000 times. Chris’ years of experience and research led to the creation of the thoroughly backtested CCM Market Model, which serves as the foundation for the management of separate accounts for individuals and businesses.
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Bulls vs Bears: Who’s Winning The Battle (27 charts)

The stock market correction has morphed into a sideways consolidation, but investors are still confused (and concerned) about the market’s next move. So who has the upper hand? Bulls or bears? The market is providing some very insightful information about bull/bear debate and ETF leadership. In this week’s video, we…

2018 Debate: Stock Market Correction Or New Bear Market?

The answer to the question is this a normal correction or the start of something much worse will only be revealed over time.  However, there are numerous ways to gain a better understanding of the probabilities, including Fibonacci retracements. It is relatively common for an existing bullish trend to retrace or give…

Has The Bull Market Only Just Begun?

The market rallied this week, with the S&P 500 posting +2.4% gains. It’s up over +5% off the May 3rd intraday lows. It certainly feels like a wild ride, but when we zoom out we can see things more clearly. And we can focus in with price and trend indicators….

Will Surging Oil Prices Take Down Stocks & The Economy?

THE SAME NARRATIVE OVER AND OVER AGAIN Jesse Livermore’s “there is nothing new on Wall Street” applies to the never-ending commentary about the impact of oil prices on the economy, earnings, and the stock market. We are currently in a “rising oil prices will kill the economy and stock market”…

Stock Market Update: Bullish Forest or Volatile Trees?

The past several weeks have given investors a bit of a roller coaster ride. Stock market volatility is nothing new… and investors need to look past the emotions of volatility to see the broader picture and stock market trend. The current market correction is over 3 months old and it’s…

Stock Market Video Blog: Is The Next Crisis Near?

The past several weeks have been difficult for investors. Managing ones emotions during a stock market correction are easier said than done.  BUT, that’s why it’s imperative to have a risk management process in place… so the process takes over for ones emotion. Markets correct through both time and price,…

Stock Market History: Bullish Trends And Pullbacks To 200-Day

Easier Market Calendar year 1995 featured a very strong trend with little in the way of pullbacks for the S&P 500. Harder Market Since easier markets are typically followed by harder markets, it is not surprising 1996 was more challenging than 1995. We know “markets need to consolidate their gains”,…

Participating In Bull Markets Means Longer Investing Timeframes

RARE SIGNAL IN 1982 AND 2016 A December 2016 video covered an extremely rare signal that occurred in 1982 and 2016.  Since then, markets have reacted in a bullish manner, meaning we have no reason to doubt the long-term signal that occurred at the end of 2016.  Therefore, it may be helpful…

Stock Market Video: Focusing On Trends & Managing Volatility

Market volatility can harm investor returns. Not simply because we (sometimes incorrectly) associate volatility with down markets, but because volatility tends to shake investor confidence. It also gets investors to begin to predict what’s next based on fear / emotion. And this can negatively impact your results. In 2018, stocks…

2018 vs 2007 Stock Market Charts: Comparisons and Contrasts

Will a trade war to bring recession and a bear market? Charts help us monitor the stock market’s net aggregate opinion regarding all subjects on all timeframes. When the net aggregate opinion is bullish, stocks tend to rise. When the net aggregate opinion is evenly distributed between bulls and bears,…