Carl explores which index is greatest…the SP600 (IJR) or Russell 2000 (IWM). He makes a comparability over time and divulges which tends to be the higher performer. Which one must you use to research what is going on in small-caps?
Carl provides us his market outlook as costs pullback in the present day. Bitcoin is trying notably bullish and Gold continues to impress. He then goes by means of all the Magnificent Seven shares within the quick and intermediate phrases.
Erin goes by means of sector rotation to see the place the power and weak spot lies throughout the market. All sectors have been pulling again in the present day and PMOs have been beginning to see pressure.
Carl and Erin each took a take a look at the Power sector “below the hood” in addition to Expertise and Supplies.
The pair end with a take a look at viewers image requests which tended to be heavy on the Healthcare sector.
01:13 DP Sign Tables
04:43 Market Overview
14:33 Magnificent Seven Overview (Quick and Intermediate phrases)
20:16 SP600 (IJR) versus Russell 2000 (IWM)
23:40 Questions (Gold v. SP500, Power (XLE), Divergences, MSFT)
30:22 Sector Rotation
40:00 Image Requests
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Technical Evaluation is a windsock, not a crystal ball. –Carl Swenlin
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Useful DecisionPoint Hyperlinks:
Value Momentum Oscillator (PMO)
Swenlin Buying and selling Oscillators (STO-B and STO-V)
Erin Swenlin is a co-founder of the DecisionPoint.com web site alongside together with her father, Carl Swenlin. She launched the DecisionPoint every day weblog in 2009 alongside Carl and now serves as a consulting technical analyst and weblog contributor at StockCharts.com. Erin is an lively Member of the CMT Affiliation. She holds a Grasp’s diploma in Info Useful resource Administration from the Air Power Institute of Expertise in addition to a Bachelor’s diploma in Arithmetic from the College of Southern California.
