DP Show: Black Monday and Big Blue (IBM)


In this episode of DecisionPoint, after reviewing the SPY and the DecisionPoint indicators, Carl gives us a history lesson on Black Monday 1987, which happened 33 years ago today! He points out warning signs that came ahead of the hatchet that had stock prices down more than 20% in one day. Carl also takes a close look at IBM. The Golden Cross and Silver Cross Indexes are exclusive DecisionPoint indicators; Carl breaks them down with Erin. Erin caps off with a look at sector rotation and a focus on Renewable Energy stocks. If you thought you missed the boat, Erin finds a stock in that group that has pulled back and could be ready to "RUN"! Finally, she unveils the DecisionPoint "Diamond of the Week".

This video was originally recorded on October 19th, 2020. Click anywhere on the DecisionPoint logo above to view on our dedicated show page, or click this link to watch on YouTube.

New episodes of DecisionPoint air on Mondays at 7pm ET on StockCharts TV. Archived episodes of the show are available at this link.

Carl Swenlin
About the author: 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, 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 in 2013, Carl has served a consulting technical analyst and blog contributor. Learn More
Erin Swenlin
About the author: is a co-founder of the 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 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. Learn More
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