DP ALERT: Market Loses Steam on Finish
The market gapped up on a high note at the beginning of the trading day likely led by the news of an AI conference hosted by NVIDIA (NVDA)...
The market gapped up on a high note at the beginning of the trading day likely led by the news of an AI conference hosted by NVIDIA (NVDA)...
Published on 2024-03-18T23:12:04Z by Erin Swenlin, Carl Swenlin
Today Carl and Erin open the show with an example of how you can find stock and ETF relative strength using a Price Momentum Oscillator (PMO) sort. Many may not know but PMO readings can be compared to one another to determine relative strength...
Published on 2024-03-18T17:47:40Z by Erin Swenlin
Energy (XLE) has been rallying strongly and we don't think it is done. We apologize for the eye test below, but it shows you all the sectors at a glance. We want you to get a sense of where PMOs are and where they appear to be going...
Published on 2024-03-15T23:44:33Z by Carl Swenlin, Erin Swenlin
It wasn't a good week for "Diamonds in the Rough", but this week's "Darling" was up 5.76% since it was picked on Tuesday. The market was down on the week, but not quite as much as "Diamonds in the Rough". Three of the "Diamonds in the Rough" were up, seven were down on the week...
Published on 2024-03-15T22:16:44Z by Erin Swenlin
This month, the SPDR Gold Shares (GLD) broke out to new, all-time highs. That was a significant long-term move, which we will discuss when we get to the monthly chart...
Published on 2024-03-15T19:00:39Z by Carl Swenlin
Today the Regional Banking ETF (KRE) 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 2024-03-14T22:43:46Z by Carl Swenlin, Erin Swenlin
In an interesting turn of events, I only received requests from one person so I went ahead and ran some of my scans to see if I could find one to add for you. When I ran my scans, I came up with two Magnificent 7 stocks, one of which was requested, Microsoft (MSFT)...
Published on 2024-03-14T21:52:36Z by Erin Swenlin
Today the Regional Banking ETF (KRE) 20-day EMA crossed up through the 50-day EMA (Silver Cross), generating an IT Trend Model BUY Signal. Participation has fallen like a rock when you look at %Stocks > 20/50EMAs...
Published on 2024-03-13T22:48:39Z by Erin Swenlin, Carl Swenlin
It's ETF Day where I bring you three ETF "Diamonds in the Rough". There were clearly two themes that presented themselves today. I will be covering each in today's selections. I was pleased to see one of the themes as it tells me that Crude Oil is ready to move higher...
Published on 2024-03-13T21:49:25Z by Erin Swenlin
Today the Gold Miners ETF (GDX) 20-day EMA crossed up through the 50-day EMA (Silver Cross), generating an IT Trend Model BUY Signal. There is a bullish short-term double bottom in February, and a longer-term double bottom between October and February...
Published on 2024-03-12T23:15:43Z by Erin Swenlin, Carl Swenlin
The scans did produce today. The themes I found present were in Technology as a whole with Software and Computer Services seeing some play. We also had a return theme from the Food Products industry group...
Published on 2024-03-12T22:18:18Z by Erin Swenlin
We have heard discussion that the rally has broadened out and that rotation will move to small-caps as mega-caps weaken. We're not so sure...
Published on 2024-03-11T22:46:01Z by Erin Swenlin, Carl Swenlin
Carl and Erin explore the differences between two Semiconductor ETFs, SOXX and SMH. They are NOT the same. One offers far more upside potential than the other. Learn how to easily compare two ETFs or even two stocks using relative strength...
Published on 2024-03-11T18:08:26Z by Erin Swenlin
NVIDIA (NVDA) was enjoying quite a rally to start the day. All seemed right with the world. As someone recently said to me regarding another company is that it is "a victim of its own success". This is what happened to NVDA...
Published on 2024-03-09T00:42:48Z by Carl Swenlin, Erin Swenlin
NVIDIA (NVDA) was enjoying quite a rally to start the day. All seemed right with the world. Someone recently said to me, regarding another company, that it was "a victim of its own success." This is what happened to NVDA...
Published on 2024-03-08T23:26:11Z by Erin Swenlin
It was negative finish to the week for the SPY as it was down -0.22%. Meanwhile, "Diamonds in the Rough" managed to average +0.99% for the week, that is 1.21% better than the SPY. I'm very happy with this week's picks...
Published on 2024-03-08T23:00:35Z by Erin Swenlin
Gold (GLD) made a new, all-time high today, and what is interesting is that sentiment is still negative. We are referring to the fact the closed-end fund Sprott Physical Gold Trust (PHYS) is still selling at a discount to net asset value...
Published on 2024-03-08T00:27:02Z by Carl Swenlin, Erin Swenlin
I always enjoy Reader Request Day as I like to see what symbols are crossing your computer screens. You also do me a favor by doing the initial culling of symbols so I only have to review what is sent in...
Published on 2024-03-07T23:30:47Z by Erin Swenlin
Today the Utilities Sector (XLU) 20-day EMA crossed up through the 50-day EMA (a Silver Cross), generating an IT Trend Model BUY Signal. Defensive sectors are beginning to see more improvement and that generally isn't a good sign for the market...
Published on 2024-03-07T00:00:13Z by Carl Swenlin
I found two interesting themes today. I didn't see a whole lot of scan results for ETFs, but what did come through were ETFs that were out of country. The other theme was 'dividend payers'...
Published on 2024-03-06T22:43:15Z by Erin Swenlin