On this week's edition of The DecisionPoint Trading Room, Carl opens things with a discussion regarding the benefits of dividend investing, particularly if/when we finally begin to see an end to the current bear market conditions. He gives us his perspective on today's market action and indicators. Erin looks at the Energy sector, Industrials and Utilities as places to watch. All sectors, minus Energy, are experiencing new PMO SELL signals in overbought territory. Carl and Erin finish the show by looking at symbol requests that include NVDA, EPD and ultra S&P 500 ETF.
This video was originally recorded on August 29, 2022. Click this link to watch on YouTube. You can also watch this episode and other past episodes on the StockCharts on demand video service, StockChartsTV.com. Registration is free!
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.