DP ALERT: Small-Caps Light It Up
It was a good market day for all of the indexes, but the small-caps rallied spectacularly. Many are attributing this to interest rate cuts in the future...
It was a good market day for all of the indexes, but the small-caps rallied spectacularly. Many are attributing this to interest rate cuts in the future...
Published on 2024-09-13T23:32:53Z by Erin Swenlin, Carl Swenlin
This week's spreadsheet looks very good with one real blemish and that was one of the shorts I gave you last week. Last week's ETFs also saw problems as we had three hedge positions...
Published on 2024-09-13T21:40:11Z by Erin Swenlin
Gold opened at a fresh all-time high today. We'll discuss this in more detail in its section...
Published on 2024-09-12T22:50:47Z by Carl Swenlin, Erin Swenlin
Thank you this week to all who provided symbols for today. You all have a very good eye right now on picking stocks for review. It was difficult to choose so I opted to try and use symbols from three different subscribers...
Published on 2024-09-12T21:54Z by Erin Swenlin
Another wild day in the market. Much of the positive finish can be attributed to strength in the Mag 7 group, with NVDA up +8.16%. This big rally pulled the PMO back up and price is now above both the 20/50-day EMAs...
Published on 2024-09-11T23:05:08Z by Carl Swenlin, Erin Swenlin
What a strange market day it was with it starting off very bearish and finishing on a high note as Technology jetted higher. I'll be reviewing my thoughts on this in today's DP Alert...
Published on 2024-09-11T22:05:49Z by Erin Swenlin
We will discuss the new USO LT Trend Model SELL Signal in the "CRUDE" section below. _________ Apple (AAPL) has begun a new short-term declining trend out of the August high. A very large double top has begun forming. The confirmation line is at the August low...
Published on 2024-09-10T23:22:57Z by Carl Swenlin, Erin Swenlin
Based on the way the scan results reacted to trading today, it was clear that we needed to consider shorts still. I had a large amount of shorting candidates arrive in the results versus the bullish scans...
Published on 2024-09-10T21:57:25Z by Erin Swenlin
Last Friday we had a downside exhaustion climax that implied we could see price begin to rise again. It doesn't tell us how long it will rise and we could end up seeing churn rather than a concerted uptrend...
Published on 2024-09-09T23:12:20Z by Erin Swenlin, Carl Swenlin
The recent decline last week revealed that the artificial intelligence bubble is deflating. Magnificent Seven stocks are unwinding in response to investors losing confidence in the AI trade in general...
Published on 2024-09-09T17:47:17Z by Erin Swenlin
Today the Nasdaq 100 ETF (QQQ) 20-day EMA crossed down through the 50-day EMA (Dark Cross), above the 200-day EMA, generating an IT Trend Model NEUTRAL Signal...
Published on 2024-09-06T23:08:43Z by Erin Swenlin, Carl Swenlin
Thanks to our hedges on ETF Day, "Diamonds in the Rough" finished down only 1% on the week while the SPY was down -4.14%! The market took a turn for the worse this week and it was evident on the spreadsheet this week...
Published on 2024-09-06T21:45:58Z by Erin Swenlin
We are always on the lookout for chart patterns. Recently, we've found a bearish head-and-shoulders developing on Semiconductors (SMH). Looking at the daily chart below, we can see the pattern developing. However, we do have to point out participation...
Published on 2024-09-06T20:50:36Z by Erin Swenlin
I've been around long enough to remember when Intel (INTC) was the NVIDIA of the day. Now, INTC is under severe pressure, having suspended its dividend, and is currently being considered for removal from the Dow 30 Industrial Average...
Published on 2024-09-06T20:24:23Z by Carl Swenlin
We are always on the lookout for chart patterns. We found a bearish head and shoulders developing on Semiconductors (SMH). Looking at the daily chart below we can see the pattern developing. However, we do have to point out participation...
Published on 2024-09-05T22:58:55Z by Erin Swenlin, Carl Swenlin
It is Reader Request Day and I did get three people to submit requests today. I have one symbol from each of them. It is very difficult to find good charts as the market has been weak, but there are clearly some good charts as readers were able to find them...
Published on 2024-09-05T21:51:04Z by Erin Swenlin
Today the Technology Sector (XLK) 20-day EMA crossed down through the 50-day EMA (Dark Cross) above the 200-day EMA, generating an IT Trend Model NEUTRAL Signal. Note that this month's price top is lower than the July price top...
Published on 2024-09-04T22:54:01Z by Erin Swenlin, Carl Swenlin
The scans were unanimous in their results with nearly all of them skewed toward shorting the market in general. The other theme I noticed were Bond funds...
Published on 2024-09-04T22:06:13Z by Erin Swenlin
Friday ended with the market nearly making all-time highs, and raising hope that that would happen this week. Unfortunately, the first trading day in September brought a selloff, indicating that this seasonally negative month may once again live up to its reputation...
Published on 2024-09-03T23:19:23Z by Erin Swenlin, Carl Swenlin
I had a few problems running my scans today. There was some sort of bug that returned results that shouldn't have been included. Fortunately, the Scan Alert System did return the proper results. There weren't many results...
Published on 2024-09-03T22:28:05Z by Erin Swenlin