DecisionPoint

February 2017

DecisionPoint

SPX and OEX - Two New Long-Term PMO BUY Signals - Monthly Chart Review of DP Scoreboards

by Erin Swenlin

The DecisionPoint Scoreboards in the DP Chart Galleries are now almost completely bullish. Two new Long-Term Price Momentum Oscillator (PMO) BUY signals appeared for the S&P 500 and S&P 100 when the monthly charts went final today... Read More 

DecisionPoint

Sentiment: Investment Managers Very Bullish

by Carl Swenlin

One of the sentiment indicators we follow is the Exposure Index (EI) for the National Association of Active Investment Managers (NAAIM). It is probably somewhat better than other measures of sentiment because it shows how professionals have actually deployed their assets... Read More 

DecisionPoint

Chart Spotlight on Tesla (TSLA) - Decisive Breakdown

by Erin Swenlin

I noticed on the StockCharts.com homepage "symbol cloud" that readers were downloading this chart more than Amazon and the SPX (based on size of the font). I decided to take a look. Wow! TSLA dropped more than 6... Read More 

DecisionPoint

SPY: Price Is Stretched

by Carl Swenlin

While the 200EMA (exponential moving average) smooths daily prices over a long period of time and shows us the trend within that time frame, it also acts as a moving base line of price. As we watch daily prices depart from the 200EMA, we can get a sense of how extended they are... Read More 

DecisionPoint

New Chart Spotlight Added to DecisionPoint LIVE Webinars

by Erin Swenlin

The DecisionPoint LIVE webinars on Wednesday and Fridays at 7:00pm EST are news programs... Read More 

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What Happened to the Correction?

by Carl Swenlin

Just before Christmas I wrote an article saying I was expecting a correction or consolidation because our primary intermediate-term indicators had all topped. On the chart below we can see the annotations (down arrows) I made at the time, and we can see what actually happened... Read More 

DecisionPoint

Cooling Energy ETFs - New Intermediate-Term Trend Model Neutral Signals on XLE and RYE

by Erin Swenlin

Both the Energy SPDR (XLE) and its counterpart, the equally-weighted Energy ETF (RYE) triggered new Intermediate-Term Trend Model Neutral signals when the 20-EMAs crossed below the 50-EMAs while the 50-EMA was below the 200-EMA. We consider a stock, index, ETF, etc... Read More 

DecisionPoint

Net Cash Flow Going In Wrong Direction

by Carl Swenlin

With some broad market indexes making record highs, one would think that total mutual fund assets would be following suit. But no... Read More 

DecisionPoint

The January Barometer - Myth or Statistically Relevant?

by Erin Swenlin

Yale Hirsch was the first to propose, "As the Standard & Poor's goes in January, so goes the year". Simply meaning, if the S&P 500 closes higher in January, the end of the year should finish higher OR if it closes lower, it will close lower on the year... Read More