DecisionPoint February 27, 2019 at 06:46 PM
In mid-week DP Alerts, I generally only review the SPX, as it is a Scoreboard index. However, DecisionPoint signals are reported to Timer Digest based on the SPY. Yesterday, the SPY generated a Long-Term Trend Model (LTTM) BUY signal... Read More
DecisionPoint February 22, 2019 at 07:15 PM
In a basketball game on Wednesday a Nike shoe literally peeled off the foot of 285-pound, 6-foot-7-inch Zion Williamson. The resulting knee injury was regrettable, but the reporting of the incident was rather amusing... Read More
DecisionPoint February 20, 2019 at 06:10 PM
Today, we had two important signal changes. First, on the Dow Industrials, a LT Trend Model BUY signal triggered as the 50-EMA crossed above the 200-EMA. Second, USO generated an IT Trend Model BUY signal... Read More
DecisionPoint February 15, 2019 at 06:43 PM
There are some indicators that have been warning of a price top for a couple of weeks, but the market just keeps powering upward. (1) There is an OBV reverse divergence, where the OBV has exceeded its December top well ahead of price... Read More
DecisionPoint February 13, 2019 at 11:33 PM
No changes to the DecisionPoint Scoreboards today. My concern now rests on the new bearish rising wedge that has appeared on the SPX chart. Not all of the indicators are confirming the recent rally... Read More
DecisionPoint February 08, 2019 at 06:18 PM
I have a theory about the market that I'm thinking of tuning up for submission to the Nobel Prize committee. It goes like this: (1) Things get better and better until they are as good as they are going get... Read More
DecisionPoint February 06, 2019 at 07:33 PM
Yesterday, I wrote about the new IT Trend Model BUY signals that are now resident on all four Scoreboards. I also noted that what used to be bearish rising wedges have become rising trend channels... Read More
DecisionPoint February 05, 2019 at 11:40 PM
Just a quick bulletin to let you know that the SPX, OEX and NDX have triggered new IT Trend Model BUY signals. Though Dow got off to a head start, they are now all in line... Read More
DecisionPoint February 01, 2019 at 06:34 PM
On Thursday, on expanding volume, SPY broke above the declining tops line drawn from the October Top, and at the same time it broke above the 200EMA. Then on Friday the SPY 20EMA crossed up through the 50EMA causing the IT Trend Model to change from NEUTRAL to a BUY signal... Read More
