MEMBERS ONLY
DP Trading Room: Finding Pockets of Strength in Financials
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
In this week's edition of The DecisionPoint Trading Room, Carl opens by reviewing the "Magnificent 7+", a.k.a. the mega-cap darlings plus Tesla (TSLA). He discusses Apple (AAPL)'s demise and later discusses possible support levels. The bias is bearish in all three timeframes,...
READ MORE
MEMBERS ONLY
DP Trading Room: The "Magnificent 7" Mega-Caps
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
In this week's edition of The DecisionPoint Trading Room, Carl starts the program with an in-depth review of the "Magnificent 7" + Tesla (TSLA). These mega-cap stocks help us determine the temperature of the major indexes, and bias assessment suggests weakness under the surface in the short...
READ MORE
MEMBERS ONLY
DP Trading Room: Technology On Its Way Down?
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
Technology has shown leadership on the way up, but will it show it on the way down? In this week's edition of The DecisionPoint Trading Room, Carl looks at the internals and a large double-top that is forming, while Erin covers the sectors in depth. They finish by...
READ MORE
MEMBERS ONLY
Technology Long-Term Double-Top?
by Erin Swenlin,
Vice President, DecisionPoint.com
Admittedly it is early, very early to make a pronouncement that a double-top is "in", but we do have a second top and it could be THE top. We've annotated the prior long-term top from 2021. Technology's bear market began in earnest at that...
READ MORE
MEMBERS ONLY
DP Trading Room: Downside Exhaustion Climax
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
In this week's edition of The DecisionPoint Trading Room, Carl begins by discussing the downside exhaustion climax that occurred on Friday. He goes through DecisionPoint indicators and covers the major markets, as well as Crude Oil, Bitcoin and a discussion on the Dollar and Gold. Erin finds new...
READ MORE
MEMBERS ONLY
DP Trading Room: PMO Surge in Technology
by Erin Swenlin,
Vice President, DecisionPoint.com
In this week's edition of The DecisionPoint Trading Room, Erin, flying solo, dives right in to the market action with a focus on yields and bonds. The sector landscape looks very healthy, but Technology (XLK) saw a new PMO Surge (bottom above the signal line) accompanied by strong...
READ MORE
MEMBERS ONLY
DP Trading Room: Shareholders Should Come First
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
In this week's edition of The DecisionPoint Trading Room, Carl opens the trading room with a discussion of Target (TGT) and Anheuser-Busch (BUD) technicals and compares them to their industry groups. Shareholders can't be pleased. After an overview of the market as a whole, Erin follows...
READ MORE
MEMBERS ONLY
Broad Market Rally a Turning Point
by Carl Swenlin,
President and Founder, DecisionPoint.com
by Erin Swenlin,
Vice President, DecisionPoint.com
Today, we saw broadening of participation by comparing the percentage change of the cap-weighted version of the S&P 500, SPY (+1.50%), versus the equal-weighted, RSP (+2.25%), which shows that today's RSP advanced 52% more than SPY.
Our biggest beef with the SPY rally was...
READ MORE
MEMBERS ONLY
DP Trading Room: Advance-Decline Lines Explained
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
In this week's edition of The DecisionPoint Trading Room, Carl opens the Trading Room with a discussion on what the Advance-Decline Line is and how it is calculated. Importantly, he shows us how best to use it. Erin dives into the Energy Sector (XLE) and covers the industry...
READ MORE
MEMBERS ONLY
Severe Silver Cross Index Negative Divergence a Tip Off to Severe Decline?
by Erin Swenlin,
Vice President, DecisionPoint.com
Over the weekend, Carl decided to put together the chart below. We often make comparisons between the SPY and its equal-weight sibling, RSP. By determining divergences between the two ETFs, we can see whether the mega-cap stocks are leading the charge or whether a rally is supported by the rest...
READ MORE
MEMBERS ONLY
DP Trading Room: Why SPY, Not SPX? Dividends!
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
In this week's edition of The DecisionPoint Trading Room, Carl begins the trading room by explaining negative divergences between the SPY and equal-weight RSP. He also covers why DecisionPoint uses the SPY and not the SPX; the reason is dividends, which he explains in detail later in the...
READ MORE
MEMBERS ONLY
Small-Caps Feel the Pinch "Under the Hood"
by Erin Swenlin,
Vice President, DecisionPoint.com
We've noticed that depending on what index you're in, price is holding up or not. The SP500 (SPY) (pink solid line) tested February highs, but the SP600 has been angling lower. Today we saw disparity again as the SPY was up slightly while SP600 (IJR) was...
READ MORE
MEMBERS ONLY
DP Trading Room: Beware These Groups of Stocks
by Carl Swenlin,
President and Founder, DecisionPoint.com
by Erin Swenlin,
Vice President, DecisionPoint.com
In this week's edition of The DecisionPoint Trading Room, Carl opens by discussing two groups of stocks that you should avoid in the near future. He gives his take on the overall market, Gold, Bonds and more. Erin takes a look "under the hood" of the...
READ MORE
MEMBERS ONLY
DP Trading Room: Market Holds Its Breath
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
As the upcoming Fed rate announcement nears, investors are holding their breath; on this week's edition of The DecisionPoint Trading Room, Carl talks about what that likely means for the market short-term. He covers the top ten mega-cap stocks, and both he and Erin discuss Banks and the...
READ MORE
MEMBERS ONLY
"Bear Shift" Changes Character of the Market
by Erin Swenlin,
Vice President, DecisionPoint.com
We decided that it was time to come up with a name for Silver Cross Index and Golden Cross Index crossovers their signal lines. We've noticed that Silver Cross Index crossovers are excellent flags to intermediate-term changes in direction.
We've decided to name these crossovers "...
READ MORE
MEMBERS ONLY
DP Trading Room: Long-Term View of the Dollar
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
On this week's edition of The DecisionPoint Trading Room, Carl, as always, opens the show with a market overview, but, in this episode, spends extra time looking at the Dollar in all three timeframes. He also reviews key indicator charts which favor a intermediate-term market top on the...
READ MORE
MEMBERS ONLY
Heed This Warning!
by Erin Swenlin,
Vice President, DecisionPoint.com
We've been watching and waiting for our IT indicators to turn down in overbought territory, and today they did. Add to this a topping Price Momentum Oscillator (PMO), a downside initiation climax, topping Swenlin Trading Oscillators (STOs), and numerous negative divergences, and you have a recipe for a...
READ MORE
MEMBERS ONLY
DP Trading Room: Equal-Weight RSP vs. SPY
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
On this week's edition of The DecisionPoint Trading Room, Carl opens with a discussion of Regional Banks and gives us a link to a video that explains the safety of brokerage versus savings account insurance. He also covers why we use relative strength of the SPY v. the...
READ MORE
MEMBERS ONLY
DP Trading Room: Sector Deep Dive
by Carl Swenlin,
President and Founder, DecisionPoint.com
by Erin Swenlin,
Vice President, DecisionPoint.com
On this week's edition of The DecisionPoint Trading Room, Erin presents a review of all of the sectors to find out where new momentum lies and where relative strength is -- you might be surprised. Carl gives us his take on the market, as well as the Dollar,...
READ MORE
MEMBERS ONLY
DP Trading Room: Negative Divergences Explained
by Carl Swenlin,
President and Founder, DecisionPoint.com
by Erin Swenlin,
Vice President, DecisionPoint.com
On this week's edition of The DecisionPoint Trading Room, Carl starts off the trading room with a closer look at Regional Banks (KRE) and gives his opinion of not only the market, but the top ten capitalized stocks. Erin picks up with a discussion on how to find...
READ MORE
MEMBERS ONLY
DP Trading Room: ETFs vs. Indexes
by Carl Swenlin,
President and Founder, DecisionPoint.com
by Erin Swenlin,
Vice President, DecisionPoint.com
On this week's edition of The DecisionPoint Trading Room, Carl opens the trading room discussing why DecisionPoint.com uses ETFs for signal changes versus actual Index readings. He also explains how the Price Momentum Oscillator (PMO) has different meanings when it is above or below the zero line....
READ MORE
MEMBERS ONLY
Crude Oil Collapses - Will It Move Even Lower?
by Erin Swenlin,
Vice President, DecisionPoint.com
Below is an excerpt from today's subscriber-only DecisionPoint Alert (Subscribers, forgive the repeat performance):
CRUDE OIL (USO)
IT Trend Model: SELL as of 2/2/2023
LT Trend Model: SELL as of 12/6/2022
USO Daily Chart: USO obliterated support today and closed at New 52-Week Lows....
READ MORE
MEMBERS ONLY
DP Trading Room: Carl's Detailed Look at Gold
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
On this week's edition of The DecisionPoint Trading Room, Carl is peppered with questions on Gold, Financials/Regional Banks, Bonds and Yields. He looks at Gold in all three timeframes and discusses why it will likely move even higher. Carl's take on the Banking crisis and...
READ MORE
MEMBERS ONLY
DP Trading Room: Reading the Silver Cross Index
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
On this week's edition of The DecisionPoint Trading Room, Carl opens the show with a detailed discussion of how we measure participation using %Stocks > 20/50/200-day EMAs and the Silver Cross Index/Golden Cross Index. We can see where the strength lies and whether it is...
READ MORE
MEMBERS ONLY
DP Trading Room: Not Too Late for Natural Gas
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
On this week's edition of The DecisionPoint Trading Room, Carl opens the trading room by discussing how the Silver Cross Index works and its superior representation of market participation. He also reviews the market and "S&P 10". Both he and Erin discuss Natural Gas...
READ MORE
MEMBERS ONLY
DP Trading Room: New Calculation for CPI Could Change Market Direction
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
On this week's edition of The DecisionPoint Trading Room, Carl opens with a discussion of a change that is occurring in the calculation of the CPI from here on out and how it could affect the market's direction tomorrow. Carl gives his opinion on the market...
READ MORE
MEMBERS ONLY
DP Trading Room: Trusting the Technicals
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
On this week's edition of The DecisionPoint Trading Room, Carl looks at the Big 10 capitalized stocks and determines whether a bull market right now will have legs. Do we use common sense or technicals regarding a new bull market? Carl and Erin discuss. Both of them deep...
READ MORE
MEMBERS ONLY
New Industry Group Golden Cross Indexes and Silver Cross Indexes
by Erin Swenlin,
Vice President, DecisionPoint.com
We have begun collecting Silver Cross Index and Golden Cross Index data for four new industry groups, and StockCharts.com back-calculated data for two years: Biotechnology (IBB), Regional Banking (KRE), Retail (XRT), and Semiconductors (SMH).
First let's cover what the Golden/Silver Cross Indexes are:
* The Golden Cross...
READ MORE
MEMBERS ONLY
DP Trading Room: New Golden & Silver Cross Indexes
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
On this week's edition of The DecisionPoint Trading Room, Carl opens with an introduction to new data sets for Regional Banks (KRE), Semiconductors (SMH), Biotechs (IBB), and Retail (XRT). The new Golden Cross and Silver Cross Indexes and additional breadth data tell a different story than relative strength...
READ MORE
MEMBERS ONLY
Poor Natural Gas
by Erin Swenlin,
Vice President, DecisionPoint.com
Natural Gas use has become a hot-button issue in the United States as bans begin to be discussed or enacted in certain states and cities. Whether you believe this is good or bad, it is news. A subscriber recently asked us to review Natural Gas (UNG), and today seems a...
READ MORE
MEMBERS ONLY
DP Trading Room: What's Up with These Yields?
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
On this week's edition of The DecisionPoint Trading Room, Carl explores how yields are calculated with a few examples of yields that don't seem 'right'. He demonstrates how to add dividends and splits to your charts. Erin focuses in on two sectors that are...
READ MORE
MEMBERS ONLY
DP Trading Room: Top Sectors & Industry Groups
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
On this week's edition of The DecisionPoint Trading Room, Carl opens the show with a reprise of his Tesla (TSLA) vs. Bitcoin discussion and the uncanny similarities as far as gains, losses, and price pattern, in spite of not really being related at all. Erin teases out the...
READ MORE
MEMBERS ONLY
Crude Oil (USO) Garners PMO BUY Signal - 20+ Bonds (TLT) Triggers PMO SELL Signal
by Erin Swenlin,
Vice President, DecisionPoint.com
Reminder: Prices go up for new DecisionPoint.com subscriptions in January. Details are below the article.
Crude Oil has been in a short-term declining trend since the beginning of November. Big picture, it is in a large trading range. After spending so much time being beat down, crude is finally...
READ MORE
MEMBERS ONLY
DP Trading Room: Silver Cross Index Warning Signals
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
On this week's edition of The DecisionPoint Trading Room, Carl reignites his discussion on watershed events, showing us how the Hunt Brothers' attempt to corner the market in Silver also raised Gold prices to historic levels. Of course, we know how this ended... not well for investors...
READ MORE
MEMBERS ONLY
Two Index ETFs with Rising Momentum
by Erin Swenlin,
Vice President, DecisionPoint.com
We were somewhat surprised today when we reviewed the index ETFs. Two ETFs actually show rising momentum. Don't get too excited, there are problems on both of their charts. For comparison, SP500 (SPY), Dow (DIA), Nasdaq 100 (QQQ), SP100 (OEX) and Nasdaq (COMPQ) all have negative momentum and...
READ MORE
MEMBERS ONLY
DP Trading Room: Watershed Events in Gold & Crypto
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
On this week's edition of The DecisionPoint Trading Room, Carl answers the question: "How do we find overbought/oversold levels on the PMO?". Both he and Erin discuss rounded tops found throughout the market. Additionally, they talk the importance of knowing the trend and condition of...
READ MORE
MEMBERS ONLY
DP Trading Room: Overbought/Oversold Momentum
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
On this week's edition of The DecisionPoint Trading Room, Carl answers the question: "How do we find overbought/oversold levels on the PMO?". Both he and Erin discuss rounded tops found throughout the market. Additionally, they talk the importance of knowing the trend and condition of...
READ MORE
MEMBERS ONLY
DP Trading Room: How Falling Wedges Work
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
On this week's edition of The DecisionPoint Trading Room, Carl begins the Trading Room with a discussion on what falling wedge chart patterns are and why they have the expectation of an upside conclusion. Erin and Carl both review how exponential moving averages (EMAs) work and why they...
READ MORE
MEMBERS ONLY
DP Trading Room: Crypto Debacle
by Erin Swenlin,
Vice President, DecisionPoint.com
by Carl Swenlin,
President and Founder, DecisionPoint.com
On this week's edition of The DecisionPoint Trading Room, Carl starts the show with a look at Bitcoin alongside the market overview. Erin finds two sectors with promise, as well as a review of the groups within. They finish with discussions on some viewer symbol requests!
This video...
READ MORE
MEMBERS ONLY
Mortgage Rates Drop Sharply - Time to Review XLRE
by Carl Swenlin,
President and Founder, DecisionPoint.com
by Erin Swenlin,
Vice President, DecisionPoint.com
We watch the 30-Year Fixed Mortgage Interest Rate because, for the most part, people buy homes based upon the maximum monthly payment they can afford. As rates rise, a fixed monthly payment will carry a smaller mortgage amount. As buying power has been shrinking, home prices have come under pressure....
READ MORE