At the moment Carl and Erin open the present with an instance of how you’ll find inventory and ETF relative power utilizing a Worth Momentum Oscillator (PMO) type. Many might not know however PMO readings will be in comparison with each other to find out relative power.
Carl provides us a overview of the Magnificent 7 and appears on the market normally masking every thing from yields to the indexes. Erin takes us on journey by way of the sectors and finds new power in Comm Companies with weak spot nonetheless seen in Know-how.
They end the present together with your image requests.
00:48 PMO Sorting
03:47 Magnificent 7 Evaluation
07:42 Market Evaluation
22:50 Questions Answered
27:30 Sector Overview
36:43 Image Requests
Watch the most recent episode of the DecisionPointBuying and selling Room on DP’s YouTube channel right here!
Strive us out for 2 weeks with a trial subscription!
Use coupon code: DPTRIAL2 at checkout!
Technical Evaluation is a windsock, not a crystal ball. –Carl Swenlin
(c) Copyright 2024 DecisionPoint.com
Disclaimer: This weblog is for instructional functions solely and shouldn’t be construed as monetary recommendation. The concepts and methods ought to by no means be used with out first assessing your personal private and monetary state of affairs, or with out consulting a monetary skilled. Any opinions expressed herein are solely these of the writer, and don’t in any approach signify the views or opinions of every other particular person or entity.
DecisionPoint is just not a registered funding advisor. Funding and buying and selling selections are solely your accountability. DecisionPoint newsletters, blogs or web site supplies ought to NOT be interpreted as a suggestion or solicitation to purchase or promote any safety or to take any particular motion.
Useful DecisionPoint Hyperlinks:
Worth Momentum Oscillator (PMO)
Swenlin Buying and selling Oscillators (STO-B and STO-V)
Erin Swenlin is a co-founder of the DecisionPoint.com web site alongside along with her father, Carl Swenlin. She launched the DecisionPoint each day weblog in 2009 alongside Carl and now serves as a consulting technical analyst and weblog contributor at StockCharts.com. Erin is an energetic Member of the CMT Affiliation. She holds a Grasp’s diploma in Info Useful resource Administration from the Air Pressure Institute of Know-how in addition to a Bachelor’s diploma in Arithmetic from the College of Southern California.
