Chip Anderson

Chip Anderson
About the author: is the founder and president of StockCharts.com. He founded the company after working as a Windows developer and corporate consultant at Microsoft from 1987 to 1997. In this blog, Chip shares his tips and tricks on how to maximize the tools and resources available at StockCharts.com, and provides updates about new features or additions to the site.

Latest Posts

Chip Anderson

No Bleeding Hearts Here at StockCharts.com

by Chip Anderson

Much is being made of the "Heartbleed" vulnerability that is in the news right now.  It is a flaw in recent versions of widely used library called "OpenSSL" that many websites use to protect sensitive data.  Something that the mainstream press is not reporting accurately is that not all websites use OpenSSL for their encryption and, additionally, not all versions of OpenSSL have the problem.  Finally, some website use additional security measures that block data from leaking out via that exploit. Here at StockCharts, we have had additional measures from Read More 

Chip Anderson

"Top Advisors Corner" Comes to StockCharts.com

by Chip Anderson

Today I'm pleased to announce the addition of a very popular feature from the original DecisionPoint.com website - an area called "Top Advisors Corner" (nicknamed "TAC").  Top Advisors Corner is a place were we collect and publish free articles from a variety of diffent sources including Tom McClellan, Tim Ord, Gene Inger, Alan Newman, Mark Young, Sy Harding, and our old friend Richard Rhodes.  Over the years, each of those authors has developed a relationship with Carl Swenlin at DecisionPoint where Carl would publish a (typically) weekly article from each author in exchange for Read More 

Chip Anderson

Google Changes Its Ticker Symbol in a Very Confusing Way

by Chip Anderson

Google has divided its stock into two different symbols: GOOG and GOOGL.  GOOG is now a new dataset for Class C shares.  GOOGL now contains all of the price information that used to be displayed as GOOG.  GOOGL has also been adjusted for the associated distribution.  Use "_GOOGL" for unadjusted data. Read More 

Chip Anderson

Lots of New SCTRs are Coming to StockCharts

by Chip Anderson

We're happy to announce that today we have greatly increased the number of stocks that are ranked by our StockCharts Technical Ranking system (SCTRs - pronounced "Scooters"). Scooters are our very popular system for ranking stocks based on their technical strength.  Prior to today, we were only able to rank the 1500 US stocks that were part of the S&P 500 (Large-caps), the S&P 400 (Mid-caps) and the S&P 600 (Small-caps).   Now we have expanded the Small-cap universe to include all stocks in the Russell 2000 and we have expanded the Mid-cap Read More 

Chip Anderson

Determining the Market's Direction with the DecisionPoint Chart Gallery

by Chip Anderson

One of the great things that the merger with DecisionPoint.com brings to the table is its huge collection of market indicators and datasets.  However, the sheer amount of data and indicators involved can be overwhelming, especially if you are not familiar with these kind of charts. To help with that, we've created the new DecisionPoint Market Analysis Chart Gallery.  In general, Erin and Carl will be discussing the charts in that gallery and what they mean in the DecisionPoint blog but I wanted to take a minute and introduce everyone to them here. (Note: This blog Read More 

Chip Anderson

Bringing DecisionPoint Features to StockCharts.com

by Chip Anderson

Today, I am thrilled to announce that StockCharts.com has acquired DecisionPoint.com. In case you are not aware, DecisionPoint.com was created back in 1992(!) by Carl Swenlin.  It initially started as an old AOL message board but soon morphed into a website.  DecisionPoint.com quickly built a reputation for precision charting, great market timing signals, and a wide range of unique market indicators.  In 2001, they partnered with us in a deal that allowed them to use our original SharpCharts technology to create the charts on the DecisionPoint.com website. After Read More 

Chip Anderson

Browser Extensions May Be Inserting Ads Into Our Pages

by Chip Anderson

Recently we've gotten an up-tick in the number of paying members reporting that they are seeing ads on our website even though they are logged in to our website.  That is a problem because our website is designed so that paying members who are logged in should not see ads on our charting pages.  So where are these ads coming from? A strong possibility is that they are coming from a plug-in/extension that the user added to their browser at some point in the past.  This morning I found a good article that explains exactly what is going on.  Here is the link: Read More 

Chip Anderson

Now You Can Set Your Own Up/Down CandleStick and Bar Colors

by Chip Anderson

Today I'm happy to announce that we have just updated our SharpCharts workbench to allow two new capabilities: 1.) You can now set the "up" color and the "down" color independently for the bars/candlesticks on your chart.  If you want green bars on up days and purple bars on down days, you can now do that. 2.) You can also now use filled candlesticks for both up days and down days.  The traditional Japanese method of drawing candlesticks uses hollow candles for up days, but some people want them to be filled with a color - so we now allow that. Here are a couple Read More 

Chip Anderson

Greg Schnell Joins StockCharts as a Full-Time Technical Analyst

by Chip Anderson

I am very pleased to announce that Greg Schnell has joined StockCharts.com as a full-time time technical analyst.  As you probably know, Greg has been providing market commentary to us via his free blog - the Canadian Technician - for several years now.  Greg has also been help me present the SCU seminars in cities throughout North America.  Greg's ability to communicate technical topics clearly and understandably make his a perfect fit for StockCharts.   By coming onboard full-time, Greg will now be contributing to the site in a wide variety of ways in Read More 

Chip Anderson

The Three Key Assumptions of Technical Analysis

by Chip Anderson

One of the great aspects of our new Certified ChartWatchers exam is that we get feedback as to which questions people are struggling with.  Clearly, those are the questions that point to aspects of Technical Investing that we need to do a better job educating people about. For example, one of the questions that many people are struggling with asks about the Key Assumptions of Technical Analysis.  Those are the three things that you must verify are true before you can apply standard chart and/or indicator analysis to a particular chart.  Here they are: 1.) High Read More 

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