DecisionPoint January 31, 2025 at 05:26 PM
Today on the S&P 600 (IJR), the 20-day EMA nearly crossed above the 50-day EMA for a "Silver Cross" IT Trend Model BUY Signal. Price is really going nowhere. Bulls might look at it as a bull flag, but the 'flag' is horizontal, not trending lower... Read More
DecisionPoint January 27, 2025 at 06:24 PM
The market opened with a bang as news of a cheaper Artificial Intelligence program, DeepSeek out of China. It has spurred investors to rethink the overbought Technology space, AI in particular. NVDA was down over 17% and other high profile AI companies also suffered... Read More
DecisionPoint January 24, 2025 at 03:13 PM
The Biotech industry group is making a comeback, with the 'under the hood' chart displaying new strength coming into the group. We have a constructive bottom that price is breaking from and, while it does need to overcome resistance at the 200-day EMA, it looks encouraging... Read More
DecisionPoint January 17, 2025 at 10:48 AM
The trouble with bonds is best portrayed by this long-term chart. Bonds were in a rising trend for about forty years, but the trend line was broken in 2022... Read More
DecisionPoint January 10, 2025 at 12:35 PM
S&P 500 earnings are in for 2024 Q3, and here is our valuation analysis... Read More
DecisionPoint January 06, 2025 at 01:49 PM
In today's free DP Trading Room Carl and Erin discuss whether this market rally can get legs and push the market even higher? Mega-caps are looking very positive with the Magnificent Seven leading the charge. Technology is showing new strength along with Communication Services... Read More
DecisionPoint January 03, 2025 at 02:05 PM
We monitor the weekly SPY chart and present it to our subscribers every Friday in our DP Weekly Wrap. We have been watching a bearish rising wedge on the weekly chart. The rising wedge pattern implies that you will get a breakdown from the rising bottoms trendline... Read More