Last week there were many negative divergences, but the relentless rally has swatted them away...
The 50-EMA crossed above the 200-EMA and in so doing, triggered a Long-Term Trend Model BUY signal on the Energy SPDR (XLE). This didn't really improve the look of the chart which still remains bearish in my estimation...
The market continues to move higher and most of our indicators are confirming in the shorter term. As I looked at our primary indicator charts I realized that the volume indicators aren't looking so hot...
As I took a look at my chart books and the market summary report above, I noted that the SP600 has been outperforming of late. I know I've preached it over and over, but bull markets are sustained when the small and mid-cap stocks get on board a rally...
The S&P 500 preliminary earnings for 2019 Q3 are available, and based upon GAAP (Generally Accepted Accounting Principals) earnings, the S&P 500 is beyond overvalued...
I recently received an email from a reader: When you have an opportunity, can you explain what you mean by climatic moves? I am not clear on how that is defined on the charts...
In this episode of DecisionPoint, Erin and Carl present their thoughts on the current market environment and the problems we should be aware of. Stocks above their 20/50/200-EMAs have negative divergences with the SPY price chart...
Over the years technical analysts have devised many indicators of varying degrees of complexity, and sometimes simple but effective indicators are overlooked...
One of my favorite indicators is the 10-DMA of the High-Low Differential that is on our ST New Highs/New Lows chart. This chart is available to all members in the "DecisionPoint Alert ChartList" with annotations. New Highs continued to expand for the fourth day in a row...
Another trading day where global unrest could've spurred a deep decline in the market, but essentially market participants shrugged it off. What was interesting is that futures were very negative last night, yet today we closed up nearly .5%. Below is the 10-minute bar chart...
Not what you would call an exciting trading day today. Volume was lower on the SPY and the volume on the SPX contracted slightly. The thumbnail is still sporting an island formation. I am concerned about that initial gap being closed...
Hello "Charter" DP Alert members! First off, I would like to thank you for supporting us as we've launched our site this past Thursday night! I would love your feedback on the website and our articles (send to support@decisionpoint...
DecisionPoint.com is live! In this episode of DecisionPoint, Erin unveils the new DecisionPoint website and its features, including the new home of the DecisionPoint Alert and Daily Diamonds features and exclusive Sector ChartLists...
This will be the last free issue of the DecisionPoint ALERT. Last fall StockCharts.com changed its business model regarding our free content, and Erin and I need to embrace the subscription model if we are to continue doing what we do. Our new DecisionPoint...
On Thursday the gold 20EMA crossed up through the 50EMA, generating an IT Trend Model BUY signal. Notice also, that we had other indications alerting us that gold's price action was about to turn positive...
I have been noticing on the business channels that analysts have become quite complacent regarding their market outlook. They remind me of the line from an old favorite song, "Nothing but blue skies do I see...
Today is "Reader Request Thursday"! My readers provided me with well over 30 symbols to review to see if I agree with them that they are diamonds in the rough. It was an interesting group of choices...
A reader wrote to me and asked if I could evaluate the Sector ETFs and/or include a Sector ETF in my Diamonds report for those who mainly trade these vehicles. I took a look at the CandleGlance for all of the sectors and narrowed it down to two diamond candidates...
For consistency, I have adopted Carl's Weekly Wrap ChartStyles for the Mid-Week Alert...
Is the market in the process of melting down - or melting up? In this episode of DecisionPoint, Carl and Erin discuss the implications they've made about the state of the market from the DecisionPoint indicators, including the new Golden and Silver Cross Indexes...