In this episode of DecisionPoint, Carl and Erin look at the current market conditions and the bullish indicators that are appearing in the short- and intermediate-term timeframes. Carl points out that the Bullish Percent Index (BPI) for the S&P isn't a lagging indicator, whereas our Silver Cross Index is right now. They discuss the reasons why and what that chart could be suggesting intermediate-term. Finally, Carl pulls out his popular SPX Earnings chart to analyze newly-released Q4 2019 numbers.
This video was originally recorded on April 6th, 2020. Please note the video cannot be enlarged on this webpage; click anywhere on the DecisionPoint logo above to view on our dedicated show page, or click this link to see a larger version on YouTube.
New episodes of DecisionPoint air on Mondays at 7pm ET on StockCharts TV. Archived episodes of the show are available at this link.