In this episode of DecisionPoint, Carl reviews the DecisionPoint charts that track "fair value" based on earnings and earnings estimates. We now have actual 1st quarter earnings added to the charts! It's already eye-opening, but what to expect for the 2nd quarter? Erin focuses in on the Materials sector, along with a stock to watch within. They also discuss reverse divergences, Gold and Gold Miners as well as the large-cap hijacking of the market. Erin finished with her "Diamond of the Week."
New episodes of DecisionPoint air on Thursdays at 8am 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.
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.