DecisionPoint

September 2015

DecisionPoint

New SELL Signals on the DP Scoreboards - Only Two Bullish Signals Remain

by Erin Swenlin

I noted yesterday that the NDX, SPX and OEX all had Short-Term Price Momentum Oscillator (PMO) crossover SELL signals. The DecisionPoint Scoreboard is below... Read More 

DecisionPoint

Rydex Asset Ratio Relatively Oversold . . . At First Glance

by Carl Swenlin

The Rydex Asset Ratio is a solid sentiment indicator because it is based upon an analysis of where people are actually putting their money, not just how they are feeling about the market... Read More 

DecisionPoint

Nasdaq 100 Short-Term SELL Signal

by Erin Swenlin

The Nasdaq 100 (NDX) has been the leading index for the recent rally. It was the first to move from short-term Neutral and SELL signals to BUY signals on the DecisionPoint Scoreboards... Read More 

DecisionPoint

Percentage of Stocks Above Moving Averages Hints at Market Top

by Carl Swenlin

We track the percentage of stocks above their 20EMA, 50EMA, and 200EMA because this helps us determine market condition in the short, medium, and long time frames... Read More 

DecisionPoint

Short-Term Indicators Worrisome

by Erin Swenlin

The SPY in the last three days has been trending higher, so expectation would be that short-term indicators would reflect that strength. They are currently deteriorating or pointing to internal weakness... Read More 

DecisionPoint

Beware of Bull Traps

by Erin Swenlin

According to the glossary in ChartSchool, the definition of a Bull Trap: A situation that occurs when prices break above a significant level and generate a buy signal, but suddenly reverse course and negate the buy signal, thus “trapping” the bulls that acted on the signal with l... Read More 

DecisionPoint

Relative Strength Anomaly

by Carl Swenlin

Last week I highlighted CVI and Participation Index readings I had never seen before. This week I want to point out some useful relative strength behavior I just noticed for the first time. My focus is on the S&P 500 SPDR (SPY) and the S&P 500 Equal Weight ETF (RSP)... Read More 

DecisionPoint

Scanning for Opportunities in a Bear Market

by Erin Swenlin

I think most are in agreement that we are now in a bear market. As far as DecisionPoint models are concerned, we definitely are. When the 50-EMA crosses below the 200-EMA, we consider that ETF/Stock/Index/MF to be in a "bear market"... Read More 

DecisionPoint

Rydex Assets and Sentiment Offer Insight

by Erin Swenlin

As part of a comment on Friday's DecisionPoint Alert, I was asked to review the DecisionPoint sentiment charts... Read More 

DecisionPoint

Big Rally, Anti-Climax

by Carl Swenlin

In the last two weeks I observed something I don't recall ever seeing before. Two market indicators, that I never fail to review at the end of every trading day, are the Climactic Volume Indicator (CVI) and the UP and DOWN Participation Indexes (PI)... Read More 

DecisionPoint

TLT is the Only (Somewhat) Bright Spot on the Market/Sector Summary

by Erin Swenlin

Every day, we publish a complete Market/Sector Summary in the DP Reports Blog. Not many are aware of its usefulness or even its existence! I publish an excerpt from that report every day in the DecisionPoint Alert day's analysis blog... Read More 

DecisionPoint

Why is this Different from October? - OEX and SPX NEW Long-Term SELL Signals

by Erin Swenlin

We had two VERY important signal changes today! Both the S&P 500 and S&P 100 generated Long-Term Trend Model SELL signals. This is very serious, especially given that the Dow Industrials already received a LT SELL signal on August 21st... Read More