DecisionPoint

November 2019

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DP WEEKLY WRAP: Santa Keeps Rocking; Monthly Chart Time

by Carl Swenlin

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 

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DP Alert Mid-Week: Golden Cross/Silver Cross Indexes Confirming New All-Time Highs

by Erin Swenlin

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 

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Diamond Scan Results Picking Up - Check Out NVIDIA (NVDA)

by Erin Swenlin

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 

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DP Daily Diamonds - Amazon (AMZN) Comes In as a Momentum Sleeper

by Erin Swenlin

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 

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DP Show: Sector Golden Cross/Silver Cross Indexes - Watch for Parabolic Moves

by Carl Swenlin, Erin Swenlin

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 

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DP Daily Diamonds - Software Makes an Appearance

by Erin Swenlin

Today's scan results include two Technology - Software companies. I highlighted Microsoft (MSFT) some time ago and it has since performed well... Read More 

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DP ALERT WEEKLY WRAP: New Highs/Lows Moving In Wrong Direction

by Carl Swenlin

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 

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DP Daily Diamonds - I'm Going to Disneyland

by Erin Swenlin

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 

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DP Alert Mid-Week: Possible Selling Initiation? - Bonds Breakout and Nullify Bearish Pattern

by Erin Swenlin

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 

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DP Daily Diamonds - Five Different Sectors

by Erin Swenlin

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 

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DP Show: Introducing the Golden Cross and Silver Cross Indexes

by Carl Swenlin, Erin Swenlin

In this episode of DecisionPoint, Carl and Erin introduce the new Golden Cross and Silver Cross Indexes... Read More 

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DP Daily Diamonds - Building Materials May Be Benefiting from Bullish Home Builders

by Erin Swenlin

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 

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DP Daily Diamonds - Watch Your Weight and Eat Soup at Home Depot

by Erin Swenlin

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 

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DP WEEKLY WRAP: Apple Going Vertical Again

by Carl Swenlin

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 

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DP Daily Diamonds - Is Your "Cash Safe" in Home Builders?

by Erin Swenlin

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 

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DP Alert Mid-Week: Intermediate-Term Negative Divergences Warn

by Erin Swenlin

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 

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DP Daily Diamonds - Does it Bear Repeating?

by Erin Swenlin

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 

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DP Daily Diamonds - Heavy Financials

by Erin Swenlin

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 

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DP Show: Put/Call Ratios - Breadth - Swenlin Trading Oscillators Still Warn

by Carl Swenlin, Erin Swenlin

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 

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DP WEEKLY WRAP: Three Problems with SPY Chart

by Carl Swenlin

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 

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DP Daily Diamonds - Dollar (UUP) Sparkles Along with Retailers

by Erin Swenlin

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 

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DP Alert Mid-Week: Put/Call Ratios are Overbought - New Perspective on Swenlin Trading Oscillators

by Erin Swenlin

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 

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DP Daily Diamonds - A Couple of Big Names, Boeing (BA) and Owens Corning (OC)

by Erin Swenlin

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 

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DP Daily Diamonds - Energy Looking Interesting

by Erin Swenlin

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 

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DP Show: The Passive Investment Bubble

by Carl Swenlin, Erin Swenlin

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 

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DP Daily Diamonds - Energy Stocks Make an Appearance

by Erin Swenlin

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 

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DP WEEKLY WRAP: Choosing Between Conflicting Breadth Indicators

by Carl Swenlin

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