DP ALERT: Alphabet (GOOGL) Going Into Earnings Tomorrow
Alphabet Inc (GOOGL) will be reporting earnings after the bell tomorrow so we thought it a good time to review the chart and get an update on the technicals...
Alphabet Inc (GOOGL) will be reporting earnings after the bell tomorrow so we thought it a good time to review the chart and get an update on the technicals...
Published on 2024-10-28T23:09:56Z by Erin Swenlin, Carl Swenlin
As part of today's coverage of the Magnificent Seven we remind you when the big mega-caps are reporting and give you are current perspective of each. We also cover all of the Magnificent Seven in the short and intermediate terms with daily and weekly charts...
Published on 2024-10-28T17:57:43Z by Erin Swenlin
Today the Health Care Sector (XLV) 20-day EMA crossed down through the 50-day EMA (Dark Cross), above the 200-day EMA, generating an IT Trend Model NEUTRAL Signal. The sector has been in a declining trend since topping in September...
Published on 2024-10-25T23:29:07Z by Erin Swenlin, Carl Swenlin
My spreadsheet is very close to blowing up and not allowing me to update it. I'll be recreating it soon, but want to give you the heads up that I'll only be including two weeks worth of data...
Published on 2024-10-25T22:08:30Z by Erin Swenlin
In today's article and video, we'll discuss the weakness that pervades nearly all index charts. Over the past few days, many of the indexes have lost their PMO BUY Signals...
Published on 2024-10-25T18:53:32Z by Erin Swenlin
Today the Biotechnology ETF (IBB) 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 2024-10-24T22:35:49Z by Erin Swenlin, Carl Swenlin
We didn't get much in the way of Reader Requests today. It's been quite light, but I'm going to keep Thursdays open for requests as always. I will always add some symbols of my own if I don't find candidates among requests. Today I was able to...
Published on 2024-10-24T21:40:32Z by Erin Swenlin
Price Momentum Oscillator (PMO) BUY Signals are beginning to fall by the wayside. SP400 (MDY) and SP600 (IJR) have already lost theirs and today we saw two major indexes trigger PMO SELL Signals, the Dow (DIA) and Nasdaq 100 (QQQ)...
Published on 2024-10-23T23:06:32Z by Erin Swenlin, Carl Swenlin
Scans have stopped producing many results and this has been occurring slowly over time. The market has topped and it appears ready to head lower for a little while. The ETF scans returned only inverse and shorting ETFs so it was a given that I would be presenting inverses...
Published on 2024-10-23T21:50:31Z by Erin Swenlin
We'll talk about today's Bearish Shift on the Silver Cross Index in the Bias section below. Materials (XLB) were looking very good at the end of Friday, but the chart has gone completely south since then...
Published on 2024-10-22T23:07:53Z by Erin Swenlin, Carl Swenlin
As Scan Alert System subscribers know, today it was slim pickings in the scans. This is a sign of market weakness when we can't find stocks that fit our "Diamond in the Rough" mold. I ran a few other scans for some help, but it didn't turn up much...
Published on 2024-10-22T22:06:51Z by Erin Swenlin
Today NVIDIA finally broke out of the five-month trading range to new, all-time highs. The PMO continues to rise and the OBV is confirming the rally with its own rising trend...
Published on 2024-10-21T22:41:37Z by Erin Swenlin, Carl Swenlin
Carl explores which index is best...the SP600 (IJR) or Russell 2000 (IWM). He makes a comparison over time and reveals which tends to be the better performer...
Published on 2024-10-21T17:54:10Z by Erin Swenlin
Every Friday DecisionPoint Diamond members have access to the Diamond Mine trading room. As part of the trading room Erin picks a Sector to Watch and an Industry Group to Watch. Today the winning sector was Materials (XLB) which broke out today on a new PMO Crossover BUY Signal...
Published on 2024-10-18T23:26:36Z by Carl Swenlin, Erin Swenlin
While this week wasn't as positive as last week, it was still a good week with a positive average finish of +0.28%. The SPY averaged higher than this, but we did have two "Diamonds in the Rough" outperform the SPY since being picked...
Published on 2024-10-18T21:34:44Z by Erin Swenlin
Today the United States Oil Fund ETF (USO) 20-day EMA crossed down through the 50-day EMA (Dark Cross), below the 200-day EMA, generating an IT Trend Model SELL Signal. USO has been in a ragged trading range, and currently the moving averages are extremely close together...
Published on 2024-10-17T22:56:55Z by Carl Swenlin, Erin Swenlin
Readers came up empty this Reader Request Day. I didn't receive any requests and one of the regulars lamented that there just wasn't anything out there he'd like to buy. Well, I rolled up my sleeves and scoured the scans to find some candidates today...
Published on 2024-10-17T22:07:39Z by Erin Swenlin
At DecisionPoint, we track intermediate-term and long-term BUY/SELL signals on twenty-six market, sector, and industry group indexes...
Published on 2024-10-17T21:04:21Z by Carl Swenlin
Today the Price Momentum Oscillator (PMO) crossed above its signal line to give us a new PMO Crossover BUY Signal for Materials (XLB). This signal occurred above the zero line which makes it more bullish. The chart isn't perfect though...
Published on 2024-10-16T23:11Z by Carl Swenlin, Erin Swenlin
There were two key themes that ran through the scans today with a few others of interest. First were Dividend ETFs, quite a few different choices here, but I went with the one that had the best gain today. The second theme was Small-Cap ETFs which I included today as well...
Published on 2024-10-16T21:57:19Z by Erin Swenlin