DecisionPoint February 27, 2018 at 06:15 PM
Two items I need to call your attention to. First, the PMOs crossed their signal lines on the SPX and OEX to trigger ST PMO (Price Momentum Oscillator) BUY signals... Read More
DecisionPoint February 26, 2018 at 06:35 PM
The DP Scoreboard transformation actually began on Friday when the NDX grabbed a new PMO BUY signal after already logging a ST Trend Model BUY signal... Read More
DecisionPoint February 23, 2018 at 06:01 PM
Nothing has happened this week to support my belief that we are in a bear market. If the market were in that much trouble, it seems to me that this week it should have headed lower. Instead, it has consolidated and formed a bullish flag formation... Read More
DecisionPoint February 22, 2018 at 07:53 PM
I was asked during the MarketWatchers LIVE program today about my thoughts regarding Gold v. Dollar and particularly, why I'm bearish on Gold right now. I'll explain. The chart for Gold is bearish on many counts... Read More
DecisionPoint February 21, 2018 at 07:36 PM
The NDX switched back to a Short-Term Trend Model BUY Signal on the DecisionPoint Scoreboards. The 5-EMA crossed above the 20-EMA which triggered the signal (the chart is below the scoreboards for your review)... Read More
DecisionPoint February 16, 2018 at 06:48 PM
Last Friday the market executed a bullish intraday reversal, and this week it rallied five days straight; however, there were some problems. S&P 500 volume contracted into the rally, and Friday's candlestick was a bearish shooting star... Read More
DecisionPoint February 14, 2018 at 07:24 PM
The DecisionPoint Scoreboards didn't show any improvement from last week as the neutral and sell signals remained in the short term. PMO SELL signals are not yet on the weekly charts for these indexes, but they are lining up... Read More
DecisionPoint February 13, 2018 at 07:16 PM
The question that continues to arise this month is, "Is it over?". This correction was deeper than many expected or was about as deep as expected but it occurred so quickly... Read More
DecisionPoint February 09, 2018 at 06:37 PM
Last week I asserted that the character of the market had changed from super bullish to normal bullish, by which I meant that we should start to see more normal bull market corrections... Read More
DecisionPoint February 08, 2018 at 08:27 PM
Two charts you should look at now. I mentioned yesterday that TLT was going to see a Long-Term Trend Model SELL signal today and it did. Additionally, ST indicators which had turned up have turned back down and have reached down into very oversold extremes... Read More
DecisionPoint February 07, 2018 at 08:18 PM
No one can deny that this correction has been difficult and it has certainly left investors uneasy. However, the VIX is calming down somewhat and the Swenlin Trading Oscillators have bottomed... Read More
DecisionPoint February 05, 2018 at 06:27 PM
Today all four Scoreboard indexes (NDX, INDU, SPX & OEX) logged new Short-Term Trend Model Neutral signals. These signals arrived when the 5-EMA crossed below the 20-EMA while the 20-EMA was above the 50-EMA. In addition, we saw a new PMO SELL signal on Gold... Read More
DecisionPoint February 02, 2018 at 06:27 PM
Because the DP Weekly Wrap is a recap of the week just ended, I normally lead with a daily chart; however, since there is so much agony being expressed about this week's correction, I am leading with a monthly chart to try to put things in proper perspective... Read More
DecisionPoint February 01, 2018 at 07:49 PM
I am often asked first, "What's the difference between the PMO and the MACD (or PPO)?" which is usually followed by, "Why do you prefer the PMO?". I'll answer the second question right now. As a mother loves her child, so do I love the PMO--I was involved in its development... Read More
