DecisionPoint August 30, 2019 at 06:48 PM
The month of September has a reputation for being a bad month for the stock market. After the October 1987 Crash, the month of October carried a bad rep for years, but more recently we are told that it's really September we have to watch out for. On the old decisionpoint... Read More
DecisionPoint August 28, 2019 at 10:40 PM
The DecisionPoint Scoreboards are still very bearish; in spite of a recovery this week so far (1.43% higher for the SPX), the charts aren't favorable. I've analyzed volatility, breadth and our indicators and was only able to find one note of positivity... Read More
DecisionPoint August 23, 2019 at 06:45 PM
The oft-referenced "yield curve" refers to the relationship between the yield of the 10-Year T-Bond and the 2-Year T-Bond... Read More
DecisionPoint August 21, 2019 at 07:48 PM
The market continues to churn and consolidate sideways this week. The good news is that our indicators are starting to perk up. As of last Friday, the Dow generated a new IT Price Momentum Oscillator (PMO) SELL signal. Basically, the weekly PMO dropped below its signal on Friday... Read More
DecisionPoint August 16, 2019 at 06:50 PM
On the last trading day of July the market (SPY) resolved a rising wedge pattern with the expected breakdown, and that began what has turned out to be a very turbulent August. (Note how the volume for almost every day has exceeded the one-year average... Read More
DecisionPoint August 15, 2019 at 02:39 AM
The market has been flinging us around a lot this past week. I had been looking for a better bounce off the 200-EMA than we got; usually we use the term "dead cat" bounce, but in this case it was so small that I call it a "dead mouse" bounce... Read More
DecisionPoint August 08, 2019 at 12:39 PM
It's been a difficult week for the markets since the last publication of the Mid-Week Alert and the knife is falling fast. However, I'm putting my hands out there right now to catch it based on signs of life on our short-term indicators... Read More
DecisionPoint August 02, 2019 at 06:14 PM
While I work, I watch a business news channel with the sound turned down. It's not really a necessary activity, it's just what I do... Read More
DecisionPoint July 31, 2019 at 09:03 PM
While the Fed didn't do anything unexpected, market participants were not excited about the language of Chairman Powell. The 10-minute bar chart below shows the spike in volume that finished the day, which is the biggest volume finish in the past two weeks... Read More
