DecisionPoint November 29, 2019 at 06:57 PM
The current rally was launched off the early-October low. Since then, the market has entered a period of very low volatility, characterized by a reluctance to decline, and a penchant for small, daily advances... Read More
DecisionPoint November 27, 2019 at 07:40 PM
We are finally seeing indicators that are rising as they should as the market continues to make new all-time highs. I believe the market is still in need of a correction, but, at this point, I can't argue with the charts... Read More
DecisionPoint November 27, 2019 at 06:43 PM
The Diamond PMO Scan is starting to pick up more results as we start seeing more market participation. The market is very overbought and needs a correction, but it doesn't seem interested. For more information on my thoughts about the market, read today's "DP Alert Mid-Week"... Read More
DecisionPoint November 26, 2019 at 06:19 PM
Today's results come from Carl's Scan and the Momentum Sleepers Scan. Usually, when I review these scan results, they don't come with good weekly charts. Today's weekly charts look pretty good so far, but I'll point out any weaknesses I see... Read More
DecisionPoint November 25, 2019 at 07:24 PM
In this episode of DecisionPoint, Carl and Erin kick off with a review of the broad markets and DecisionPoint indicators, before following up with an in-depth look at the new Golden and Silver Cross Indexes for each of the sectors... Read More
DecisionPoint November 25, 2019 at 07:09 PM
Today's scan results include two Technology - Software companies. I highlighted Microsoft (MSFT) some time ago and it has since performed well... Read More
DecisionPoint November 22, 2019 at 06:49 PM
When the market goes up, we normally expect new highs to expand and new lows to contract. So far this month, for Nasdaq Composite stocks, the opposite is happening, and that is a negative signat, at least for the short term... Read More
DecisionPoint November 21, 2019 at 07:23 PM
Scan results are beginning to wane on the majority of my bullish scans. If this continues, I will likely unveil some shorting opportunities next week. Today's results include Disney (DIS), which I've been watching since the release of Disney+. I like that chart... Read More
DecisionPoint November 20, 2019 at 07:44 PM
Last Monday (11/18/19) on the DecisionPoint show, Carl and I introduced the Golden Cross and Silver Cross Indexes ChartList! You can get it too by downloading the free "DP Market Indicators" ChartPack... Read More
DecisionPoint November 20, 2019 at 07:11 PM
I ran quite a few scans today, ultimately selecting four from my "Diamond Scan" and one from "Carl's Scan". The Diamond Scan picks stocks that are enjoying an uptrend already, while Carl's Scan finds bottom fishing opportunities... Read More
DecisionPoint November 20, 2019 at 04:08 PM
In this episode of DecisionPoint, Carl and Erin introduce the new Golden Cross and Silver Cross Indexes... Read More
DecisionPoint November 19, 2019 at 09:12 PM
Many of my colleagues have been noting the hot Home Builders industry group. I found a Building Materials stock that could be benefiting from this and have also included a Home Builder stock as well... Read More
DecisionPoint November 18, 2019 at 07:49 PM
We've got an interesting mix of "diamonds" today. I'm not particularly clever with my titles, but today's does give away that Weight Watchers (WW), Campbell's (CPB) and Home Depot (HD) are on today's list. I also have Dominion Energy (D) and Avalara (AVLR), a software company... Read More
DecisionPoint November 16, 2019 at 04:00 AM
Late last year I wrote about Apple (AAPL) when it had broken down from a parabolic advance, a break which ultimately resulted in a total decline of about -40%. To see it on a chart just boggles my mind... Read More
DecisionPoint November 14, 2019 at 07:19 PM
Forgive the pun today, but I found it quite funny when the only two results on my Diamond PMO Scan were "CASH" and "SAFE"! I have included both today as I did find them very interesting... Read More
DecisionPoint November 13, 2019 at 08:38 PM
Another week has passed and the market isn't really showing its hand. Momentum is slowing, but we haven't seen any serious pullbacks... Read More
DecisionPoint November 13, 2019 at 07:28 PM
I am finding that I get "repeats" in my scan results of stocks that I've already presented to you in recent Diamond Reports. For example, Microsoft (MSFT) and Deckers Outdoor (DECK) have found their way into today's results, but I wrote about each within the past few weeks... Read More
DecisionPoint November 12, 2019 at 06:47 PM
I would like to thank all of our veterans for their service in recognition of Veterans' Day (which was yesterday), particularly my father, who is a 20-year veteran of the USAF. As a veteran myself, I decided to take yesterday off from writing... Read More
DecisionPoint November 12, 2019 at 04:59 PM
In this episode of DecisionPoint, Carl and Erin review the action of the S&P 500 in depth, covering the climactic and short-term indicator divergences as the market climbs. (There are problems that cannot be ignored, but they are more subtle... Read More
DecisionPoint November 08, 2019 at 07:38 PM
These are not huge problems, but they do have negative implications for the short term. First, there is the rising wedge formation, a formation that will most often resolve to the downside -- not always, but most often... Read More
DecisionPoint November 07, 2019 at 07:44 PM
I follow the Dollar and UUP, the companion ETF, as part of the "Big Four" in the DecisionPoint Alert. (Carl follows it as well in his Friday Weekly Wrap... Read More
DecisionPoint November 06, 2019 at 08:20 PM
Last Friday, all four indexes on the Scoreboards had weekly PMO crossover BUY signals. It is hard to argue a Scoreboard that is this positive, but I still see a few problems that I'll talk about further... Read More
DecisionPoint November 06, 2019 at 06:45 PM
It isn't always the case, but today I had a few "big" large-cap names hit my scans that I think could be "diamonds in the rough." At the same time, though, I had a very low-volume stock hit the radar among these giants... Read More
DecisionPoint November 05, 2019 at 09:32 PM
Today, the Energy ETF (XLE) triggered a new Intermediate-Term Trend Model BUY signal for the first time in months. I was already seeing more energy-related stocks in my DecisionPoint scans, so I wasn't totally surprised to see that the sector is appearing to make a comeback... Read More
DecisionPoint November 04, 2019 at 08:06 PM
In this episode of DecisionPoint, Carl and Erin talk about the negative divergences on the Swenlin Trading Oscillators. Afterwards, they dig into what the believe could be the next "bubble" - ETFs... Read More
DecisionPoint November 04, 2019 at 07:41 PM
Today was a mixed bag as far as today's Diamonds were concerned. I ran quite a few scans, but wasn't particularly excited about many of the results. I was persistent, however, and found a handful that do look very interesting... Read More
DecisionPoint November 01, 2019 at 06:43 PM
The venerable Advance-Decline and Advance-Decline Volume Lines are confirming the rising price tops over the last ten months, which is reassuring for the bulls. Unfortunately, some other breadth indicators disagree... Read More
