DecisionPoint April 30, 2018 at 07:04 PM
All of our monthly charts went "final" today so it is time for a review of the current signals and their implications. The DecisionPoint Scoreboards show BUY signals on all of the four major indexes and that is not changing today... Read More
DecisionPoint April 27, 2018 at 06:40 PM
The Consumer Discretionary sector (XLY) switched from NEUTRAL to BUY when the 20EMA crossed up through the 50EMA... Read More
DecisionPoint April 26, 2018 at 08:20 PM
Not surprisingly, the NDX which had triggered a Price Momentum Oscillator (PMO) SELL yesterday, whipsawed into a new PMO BUY Signal. With a rally that moved price higher by 2.08%, the PMO was jerked back up... Read More
DecisionPoint April 25, 2018 at 06:30 PM
All four DecisionPoint Scoreboard indexes logged ST Trend Model SELL signals yesterday and now the NDX has added insult to injury with a new PMO SELL signal. This SELL signal was generated when the NDX Price Momentum Oscillator (PMO) crossed below its signal line... Read More
DecisionPoint April 24, 2018 at 07:36 PM
This is a bulletin to let you know that the DecisionPoint Short-Term Trend Model has generated new SELL signals for all four indexes on the DecisionPoint Scoreboards. After the sizable decline to finish off today, the 5-EMAs all tumbled below the 20-EMAs... Read More
DecisionPoint April 23, 2018 at 06:10 PM
There was one indicator that gave us a very good warning sign just prior to the Jan/Feb correction. The same warning sign is flashing right now. The Swenlin Trading Oscillators (STOs) have a breadth version and a volume version... Read More
DecisionPoint April 20, 2018 at 06:18 PM
The technology sector (XLK) switched from NEUTRAL to BUY on Thursday, but reversed from BUY to NEUTRAL on Friday... Read More
DecisionPoint April 19, 2018 at 07:10 PM
As noted in the DecisionPoint Sector Scoreboard, a new IT Trend Model BUY signal was added. Before this BUY signal, there were only two sectors on IT BUY signals and they were in somewhat defensive areas of the market, Utilities and Energy... Read More
DecisionPoint April 18, 2018 at 07:10 PM
This week the DP Scoreboards turned short-term bullish. Unfortunately, I suspect this breakout won't hold long if the short-term indicators continue to stretch into very overbought territory... Read More
DecisionPoint April 17, 2018 at 08:16 PM
Since Friday, the DecisionPoint Scoreboards have been adding short-term buy signal after short-term buy signal. With today's breakouts from consolidation zones, I believe they are timely... Read More
DecisionPoint April 13, 2018 at 05:57 PM
Market action was a little choppy this week, but SPY managed to eke out a small gain; unfortunately, volume was weak and did not confirm the rally. The PMO bottomed and crossed up through the signal line, giving a PMO BUY signal... Read More
DecisionPoint April 12, 2018 at 06:56 PM
Another new signal to report on the DecisionPoint Scoreboards, the OEX has logged a Price Momentum Oscillator (PMO) BUY signal to join the Dow which triggered its PMO BUY signal yesterday. The NDX PMO has some distance to close before we'll see its signal change... Read More
DecisionPoint April 10, 2018 at 06:15 PM
The Dow is the first to shed it's previous Price Momentum Oscillator (PMO) SELL signal. The SELL signal had been in place since 2/2/18... Read More
DecisionPoint April 09, 2018 at 06:58 PM
After the market close, my technical alert activated on IJR, the S&P 600 ETF with a new Intermediate-Term Trend Model Neutral signal. I noted that this same signal has already been hit on IWM, the Russell 2000 ETF... Read More
DecisionPoint April 06, 2018 at 05:43 PM
On the SPY chart last week I thought I saw a reverse flag formation, although it was not as tightly defined as I would like... Read More
DecisionPoint April 05, 2018 at 07:01 PM
It was heady to feel the bullish exuberance pulsing around the MarketWatchers LIVE show, but now that the day is over and the indicators are ready for review. I was seriously disappointed not to see the supporting evidence I wanted so I too could enjoy some bullish exuberance... Read More
DecisionPoint April 04, 2018 at 07:55 PM
I was concerned earlier this week when we lost the IT Trend Model BUY signals in the aggressive technology and cyclicals sectors. However, both of these sectors have surged over the past two days which does allay fears of a bear market setting up... Read More
DecisionPoint April 02, 2018 at 06:50 PM
Today the NDX succumbed to peer pressure and dropped its Intermediate-Term Trend Model BUY signal. The Scoreboards below are clear: Long term has a bullish bias, but serious damage has been done in the short and intermediate terms... Read More
