DecisionPoint

December 2019

DecisionPoint

DP ALERT WEEKLY WRAP: Monthly Chart Review; New Gold BUY Signal

by Carl Swenlin

On Thursday the gold 20EMA crossed up through the 50EMA, generating an IT Trend Model BUY signal. Notice also, that we had other indications alerting us that gold's price action was about to turn positive... Read More 

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DP ALERT WEEKLY WRAP: Sentiment Getting Wildly Bullish

by Carl Swenlin

I have been noticing on the business channels that analysts have become quite complacent regarding their market outlook. They remind me of the line from an old favorite song, "Nothing but blue skies do I see... Read More 

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Reader's Proffer "Diamonds in the Rough"

by Erin Swenlin

Today is "Reader Request Thursday"! My readers provided me with well over 30 symbols to review to see if I agree with them that they are diamonds in the rough. It was an interesting group of choices... Read More 

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DP Diamonds - These Sectors (and Stocks Within) Could be Diamonds in the Rough

by Erin Swenlin

A reader wrote to me and asked if I could evaluate the Sector ETFs and/or include a Sector ETF in my Diamonds report for those who mainly trade these vehicles. I took a look at the CandleGlance for all of the sectors and narrowed it down to two diamond candidates... Read More 

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DP Alert Mid-Week: New Short-Term PMO BUY Signal for Dow Industrials ($INDU)

by Erin Swenlin

For consistency, I have adopted Carl's Weekly Wrap ChartStyles for the Mid-Week Alert... Read More 

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DP Show: Market "Melting Up" - Drill Down Into XLE, XLU, XLV & XLK

by Carl Swenlin, Erin Swenlin

Is the market in the process of melting down - or melting up? In this episode of DecisionPoint, Carl and Erin discuss the implications they've made about the state of the market from the DecisionPoint indicators, including the new Golden and Silver Cross Indexes... Read More 

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DP Diamonds - Carl's Scan Produces Some Interesting Diamonds

by Erin Swenlin

Today I decided to revisit my my Dad (Carl)'s Scan, a very simple combination of rising Price Momentum Oscillator and negative configuration of the price EMAs. The one problem with this scan is that it finds "beat down" stocks that are in the process of reversing... Read More 

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DP WEEKLY WRAP: Buy the News, Sell the Quibble

by Carl Swenlin

In the last two weeks the S&P 500 has advanced about +3.75% from its low, and about 1.5% of that move was due to two days of news-generated rallies -- the favorable jobs report last week, and apparent successful completion if Phase I of the China Trade Deal announced on Thursday... Read More 

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DP Diamonds: Reader Requests Impressive!

by Erin Swenlin

I had quite a few email requests for symbols that readers are looking at as potential "Diamonds" - I looked at them all and picked my five favorites! What was truly impressive is that some of these requests came in a few days ago and, since then, the stocks have done exactly as e... Read More 

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DP Diamonds: Small-Cap, Mid-Cap and Large-Cap Selections

by Erin Swenlin

Today I modified the Diamond Scan to allow the PMO to rise only two days rather than three days. This opened up about 10 more stocks to view and, I have to say, it was easier to find diamonds in the rough using that technique... Read More 

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DP Alert Mid-Week: Bonds are Sporting TWO Bullish Chart Patterns with New BUY Signals

by Erin Swenlin

The market is beginning to act "toppy" again and could be forming a bearish double-top. In the meantime, the Dollar is falling fast, Oil is hitting resistance, Gold is limping along and Bonds are looking particularly bullish right now... Read More 

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DP Diamonds - Announcing Reader Request Thursdays

by Erin Swenlin

I've decided that, on Thursdays, I will take a look at some reader-requested "diamonds." With that in mind, I'm challenging my readers to find their own "diamonds in the rough" and send the symbol to me. I will pick five winners to analyze using DecisionPoint analysis techniques... Read More 

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DP Show: NEW Sector ChartList + Carl Reviews Most-Active Stocks (AUD, MU and More)

by Carl Swenlin, Erin Swenlin

In this episode of DecisionPoint, Erin unveils the new DecisionPoint Sector ChartList, which combines the Golden and Silver Cross Indexes, Stocks Above 20/50-EMAs and the SCTR! She then studies XLE, XLU, XLRE and XLK in detail... Read More 

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DP WEEKLY WRAP: Participation Not Robust but Adequate for the Moment

by Carl Swenlin

A good way to gauge participation in a particular market move is to check the percentage of stocks that are above their 20/50/200EMAs... Read More 

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DP Diamonds: Momentum Sleepers

by Erin Swenlin

With today's rally pop, I decided to check my Momentum Sleepers Scan for possible diamonds in the rough. I found four from that scan and one from my Chart Breakouts Scan... Read More 

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DP Alert Mid-Week: ST PMO SELL Signal - On-Balance Volume (OBV) Positive Divergence

by Erin Swenlin

This week, we saw four new Short-Term Price Momentum Oscillator (PMO) SELL signals on the DP Scoreboards for all indexes. Last week, at month-end, we got two new Long-Term PMO BUY signals... Read More 

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DecisionPoint Diamonds - Possible Shorts

by Erin Swenlin

Since I had zero results on the Diamond Price Momentum Oscillator (PMO) Scan, I decided to look at the results from my "Diamond Dog Scan", which is basically the mathematical reverse of the Diamond scan... Read More 

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DP Show: Humble Beginnings - Amazon (AMZN) & Google (GOOGL)

by Carl Swenlin, Erin Swenlin

In this episode of DecisionPoint, Carl and Erin look at a few recent DP Diamonds and present a review of other "in the news" stocks, including DIS, NHI, GE, AMZN and GOOGL. Additionally, the two analyze climactic readings on Advance/Declines and the VIX... Read More 

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DP Diamonds - FOUR Healthcare "Diamonds in the Rough"

by Erin Swenlin

Carl and I discussed in today's DecisionPoint show that finding "diamonds" could be difficult if the market decides it is finally ready for a correction. However, the Healthcare sector is considered a somewhat "defensive" area of the market... Read More