Today the U.S. Dollar (UUP) 20-day EMA crossed down through the 50-day EMA above the 200-day EMA, generating an IT Trend Model NEUTRAL Signal. We'll discuss the implications in its section...
In this week's edition of The DecisionPoint Trading Room, Erin flies solo today and gives everyone a refresher course on how to expertly time your entries and exits for trades, using the 5-minute candlestick chart...
A recent article on the Business Insider site reported a set of Death Cross/Golden Cross signals on the Dow Jones Industrial Average ($INDU). Specifically, on November 13, the 50-day moving average crossed down through the 200-day moving average, commonly called a Death Cross...
Today the S&P 400 Mid-Cap (MID) and S&P 600 Small-Cap (IJR) Indexes 20-day EMAs crossed up through their 50-day EMAs, generating new IT Trend Model BUY Signals. MDY is angling higher after its breakaway gap...
Yesterday, there were great expectations for Nvidia (NVDA) earnings, which were outstanding, but surprisingly the announcement failed to spark a rally. As technical analysts we don't need to know why, but it could be a P/E of 117. Anyway, the lack of a rally is interesting...
Yesterday I had a number of Energy related stocks come to the forefront in my scan results. Given my lukewarm opinion on Crude Oil, I am surprised the theme has taken hold. Today when I ran ETF scans, a huge number of Crude Oil related ETFs appeared...
Today the Utilities Sector 20-day EMA crossed up through the 50-day EMA (Silver Cross), generating a new IT Trend Model BUY Signal. Price is stuck under the 200-day EMA, but this signal does seem to suggest it will overcome...
I had great intentions to do four picks for you yesterday and then three on Wednesday/Thursday. However, my back had other plans and prevented me from pulling off a report yesterday. Instead I will be doing five picks today and five picks tomorrow...
Today the 20-day EMA crossed up through the 50-day EMA (Silver Cross) on the NYSE Composite Index ($NYA), the Industrial Sector (XLI), and the Real Estate Sector (XLRE), generating new IT Trend Model BUY Signals...
Below is a reprint of an article written Thursday in the subscriber-only DecisionPoint Alert: One of the things we keep track of is the performance of the S&P 500 Index (SPY), which is cap-weighted, versus the S&P 500 Equal Weight Index (RSP)...
Today the Consumer Discretionary Sector (XLY) and Retail (XRT) ETF 20-day EMAs crossed up through the 50-day EMAs (Silver Cross), generating new IT Trend Model BUY Signals. Currently XLY is consolidating after its likely continuation gap...
It was brought to my attention that next week there is a holiday on Thursday and therefore next week's schedule needs to be updated. There will be no Diamond Mine trading room the Friday after Thanksgiving and there will be no Recap...
One of the things we keep track of is the performance of the S&P 500 Index (SPY), which is cap-weighted, versus the S&P 500 Equal Weight Index (RSP)...
Thank you for sending in a nice collection of requests today. I liked all of the charts with the exception of one and it really wasn't that bad. The market is going to chop and churn for a bit in my opinion so the buying frenzy is over for the moment...
Today the Financial Sector (XLF) and Regional Banking Industry Group (KRE) 20-day EMAs crossed up through the 50-day EMAs (Silver Cross), generating IT Trend Model BUY Signals. XLF formed a bull flag before we saw the breakaway gap yesterday...
The Diamond Scans didn't really produce much today as far as ETFs, but I did find a scan I haven't used in some time that did give me some interesting results. The scan identifies ETFs with rising PMOs primarily with a little secret sauce added to scale down the results...
The CPI was unchanged from last month, and it was up +3.2 from a year ago. The market reacted with much enthusiasm...
The market rallied strongly today on good news regarding inflation. It has opened up quite a few candidates in the Diamonds Scans. I picked stocks from four different sectors. Real Estate led the day so I have one of those for you...
Today the Nasdaq Composite Index (ONEQ) and S&P 100 (OEF) Indexes 20-day EMAs crossed up through the 50-day EMAs (Silver Cross), generating IT Trend Model BUY Signals. The Nasdaq is a broader index than the S&P 100 and we see that it is coming up against overhead resistance...
In this week's edition of The DecisionPoint Trading Room, Carl opens the show with a discussion about the typical 60/40 Portfolio (60% US Stocks/40% US Bonds) and whether it will continue to serve you well given the decline in Bonds...