Bonds have had one of the worst years in modern times and one of the fastest rates of interest rate rises. The good news is the market has absorbed the bond's performance. A better risk-on environment is when the SPY outperforms the long bonds. The same is true... READ MORE
In this week's edition of The DecisionPoint Trading Room, Carl introduces viewers to the new Market Bias table now included in the DecisionPoint Alert. This table covers all the major indexes, sectors, and select industry groups. He goes over how we determine the bias in the intermediate and... READ MORE
KEY TAKEAWAYS * $INDU chart resting at double support and likely to bounce higher * Outperform the index by avoiding four stocks The Relative Rotation Graph above, which shows the rotations inside the DJ Industrials index, exhibits an evenly-spread-out universe of stocks. This is primarily the result of $INDU being a price-weighted... READ MORE
Small caps, as measured by IWM, are key for the fall and heading into 2024. You can also look at the S&P 600 (SML). IWM could be forming an inverted head-and-shoulders bottom, going back from the start of 2023. (See the rectangle area of the IWM chart). SPY... READ MORE