In this episode of DecisionPoint, Erin and Carl present their thoughts on the current market environment and the problems we should be aware of. Stocks above their 20/50/200-EMAs have negative divergences with the SPY price chart. Could ETF indexing be the next "bubble"? It seems the ETF phenomena might be giving stocks attention they do not deserve. Afterwards, Erin runs "Carl's Scan" and discusses possible "diamonds in the rough" lurking in the results. This video was originally recorded on January 13th, 2020.
New episodes of DecisionPoint air on Mondays at 5pm ET on StockCharts TV. Archived episodes of the show are available at this link.
About the author:
Carl Swenlin is a veteran technical analyst who has been actively engaged in market analysis since 1981. A pioneer in the creation of online technical resources, he was president and founder of DecisionPoint.com, one of the premier market timing and technical analysis websites on the web. DecisionPoint specializes in stock market indicators and charting. Since DecisionPoint merged with StockCharts.com in 2013, Carl has served a consulting technical analyst and blog contributor.
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About the author:
Erin Swenlin is a co-founder of the DecisionPoint.com website along with her father, Carl Swenlin. She launched the DecisionPoint daily blog in 2009 alongside Carl and now serves as a consulting technical analyst and blog contributor at StockCharts.com. Erin is an active Member of the CMT Association. She holds a Master's degree in Information Resource Management from the Air Force Institute of Technology as well as a Bachelor's degree in Mathematics from the University of Southern California.
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