DP ALERT: NVIDIA Breaks From Trading Range
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...
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
SPY 10-Minute Chart: The market opened slightly higher, then slipped into the negative. It continued to deteriorate throughout the day, closing slightly above the lows for the day...
Published on 2024-10-16T00:25:10Z by Erin Swenlin, Carl Swenlin
There were a few themes today when I ran the scans but one in particular was clear...Financials. Banks were in the spotlight but interestingly most didn't show the relative strength against the group that I wanted to see. I did find you a Bank today though...
Published on 2024-10-15T23:41:38Z by Erin Swenlin
Last week the Biotechnology ETF (IBB) came very close to breaking down from an IT Trend Model BUY to NEUTRAL...
Published on 2024-10-14T22:48:18Z by Carl Swenlin, Erin Swenlin
It's time to put Semiconductors in the spotlight. NVDA is starting to trade at all-time highs again and that is likely to bring the Semiconductor industry group up to its own all-time highs. Erin discusses Semiconductors "under the hood" and highlights the NVDA chart...
Published on 2024-10-14T17:45:57Z by Erin Swenlin
Today the U.S. Oil Fund (USO) 20-day EMA crossed up through the 50-day EMA (Silver Cross), generating an IT Trend Model BUY Signal. More discussion follows in the Crude Oil section below...
Published on 2024-10-11T23:27:38Z by Erin Swenlin, Carl Swenlin
Yesterday, we posted a short video about the lack of participation within the mid-and small-cap universes. Here, we had a rally to new all-time highs, yet we weren't seeing much of anything out of the broad market...
Published on 2024-10-11T21:52:31Z by Erin Swenlin
I am definitely happy with how Diamonds in the Rough performed this week. They averaged better than the SPY as they were up +1.69% and the SPY finished up +1.15%. We got help this week from Banks which surged today on good earnings from major banks that reported today...
Published on 2024-10-11T21:31:15Z by Erin Swenlin
We normally cover this subject on Fridays, but mortgage rates ticked up for the second week in a row, having found support on the line drawn across the 2023 low. Concern about what the Fed may or may note be able to do next is likely a contributing factor...
Published on 2024-10-10T22:46:35Z by Carl Swenlin, Erin Swenlin
We three readers supply requests today. I did get the list of the Fast Money (CNBC) stock symbols, but it was too long and I had plenty of other requests to review. One reader requested Costco (COST) but I won't be presenting it...
Published on 2024-10-10T21:46:13Z by Erin Swenlin
DecisionPoint has started posting short video alerts on our YouTube Channel. These videos are less than four minutes and give you the scoop on news you need to know about the market right now. Subscribe to the DecisionPoint...
Published on 2024-10-10T16:59:18Z by Erin Swenlin
Today the Dollar Index ETF (UUP) 20-day EMA crossed up through the 50-day EMA (Silver Cross), generating an IT Trend Model BUY Signal. We'll talk more about this in the Dollar's section...
Published on 2024-10-09T22:43:49Z by Erin Swenlin, Carl Swenlin