MarketWatchers LIVE

11/20 MarketWatchers LIVE Recap - Monday Set-Ups - DecisionPoint Report



Welcome to the recap of Monday's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Listen and watch a show devoted to technical analysis of the stock market with live market updates and symbols that are hot. You'll find the latest episode here.

Information abounds in our Monday through Friday 12:00p - 1:30p shows, but the MWL Blog will give you a quick recap. Be sure and check out the MarketWatchers LIVE ChartList for many of today's charts. 

Your comments, questions and suggestions are welcome. Our Twitter handle is @MktWatchersLIVE, email is and our Facebook page is up and running so "like" it at MarketWatchers LIVE. You'll also find archives of our shows on our Facebook page and YouTube channel. Don't forget to sign up for notifications at the end of this blog entry by filling in your email address. 


Tomorrow (11/21) - Chip Anderson, President - "Everything StockCharts" segment

Wednesday (11/22) - Mark Young, Wall Street Sentiment will co-host with Erin. The show will center around sentiment.

Thursday/Friday (11/23-11/24) - NO SHOW, your chance to catch up on the archives on YouTube or our Facebook page.


What Happened Today?

Monday Set-Ups:

Every Monday, Tom and Erin look at which charts are shaping up as "ones to watch" for the week, but to start, they reviewed last week's Monday Set-Ups "picks", HALO for Erin starting at $18.10 and finishing at $18.96 a gain of over 5%; Tom's set up was PNC at $132.45 and finishing at $133.12 for about a 0.6% gain. Today's Set-Ups included MTH for Erin at $50.35 and GWW for Tom at $198.29.


Earnings Spotlight (EarningsBeats - John Hopkins): John talked at length about the stocks he wrote about in last Saturday's ChartWatchers newsletter. Here's a link to that article and a view of the charts below:


Ten in Ten Before One: In this regular segment, Tom reviews ten charts in ten minutes with Erin's comments and comments from the Twitter "peanut gallery" peppered in there. Send in your symbol requests via Twitter (@mktwatcherslive) before the show and we'll try and add them. Symbols reviewed today: MT, INTC, COP, XEG.TO, LITE, DAN, CBS, VRX, TRTN and DKS.  You'll find all of the charts in the MarketWatchers LIVE ChartList, located at the top of the MarketWatchers blog homepage.


DecisionPoint Report: On Monday Erin analyzes DP indicators to give us a heads up on the market conditions as we start the week. She also reviewed the "big four": Dollar, Oil, Gold & Bonds. Don't miss the DecisionPoint Weekly Wrap by Carl Swenlin on Saturday morning to get the scoop on market action the prior week and find out what the indicators are suggesting for the future. Erin recommends you read Carl's latest Weekly Wrap for indicator and "Big Four" analysis. Today she added commentary to the recent "Wrap" on small-cap ETFs, IJR and IWM for our viewers. The recent rally has recharged small-caps and the PMO which is now pointed skyward. The PMOs for the four DP Scoreboard indexes have falling PMOs, so it is important to note that small-caps are recovering more quickly. We can see IJR is nearing all-time highs again.

It's a Wrap! In closing Tom and Erin discussed what they're looking for after the close today. Erin is watching the NDX PMO which is nearing a new PMO SELL signal. Tom is interested in seeing if $TNX breaks out from the triangle he pointed out at the beginning of the program.


Looking Forward:

Tune in on Tuesday at 12:00p - 1:30p EST on 11/21. Chip Anderson will join us to talk "Everything StockCharts" and Tom and Erin will doing another Ten in Ten segment as well as regular market updates and indicator reviews! 

Helpful MarketWatchers LIVE Links:

Facebook - MarketWatchers LIVE Page

YouTube Channel for StockCharts

Erin's PMO Scan

Tom's Trading Places Blog

DecisionPoint Blog


PMO -Price Momentum Oscillator

RSI - Relative Strength Index

OBV - On Balance Volume



Erin Swenlin
About the author: helped create and manage the website alongside her father, Carl Swenlin. Together, Erin and Carl launched the DecisionPoint daily blog in 2009. She hosts the MarketWatchers LIVE web show at, and is also a Member of the CMT Association. Learn More
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