DecisionPoint April 30, 2019 at 04:52 PM
Since about the beginning of March, the SPX has been outperforming the Dow on an absolute basis. Looking at the December 26, 2018-April 30, 2019 PerfChart below,, the Dow is up just above 16%, which is certainly a win... Read More
DecisionPoint April 26, 2019 at 06:44 PM
Since the market gapped up on the first of April, it has been quietly moving higher, making marginal new, all-time highs. Volume has been a bit thin, particularly for SPY... Read More
DecisionPoint April 24, 2019 at 05:54 PM
Naturally, right after I wrote a very bullish article, the market decided to humble me somewhat with a reversal today. Yesterday, I mentioned that all-time high price resistance is generally very difficult to break above decisively (3+%)... Read More
DecisionPoint April 23, 2019 at 05:30 PM
I had a feeling we would see a whipsaw right after I switched the SPX Scoreboard to a Price Momentum Oscillator (PMO) SELL Signal. The margin was incredibly thin between the PMO and its signal line... Read More
DecisionPoint April 18, 2019 at 05:46 PM
As we can see on the chart below, none of the major market indexes have exceeded their previous all-time highs... Read More
DecisionPoint April 17, 2019 at 06:27 PM
At this point in the week, the SPX is down about 0.23%. I suspect there will be more downside to endure going into the last half of the week... Read More
DecisionPoint April 16, 2019 at 07:14 PM
Today, DecisionPoint reported a new Intermediate-Term Trend Model Neutral signal on Gold to Timer Digest. The signal was triggered when the 20-EMA crossed below the 50-EMA. It wasn't a SELL signal, as the 20/50-EMA crossover occurred above the 200-EMA... Read More
DecisionPoint April 12, 2019 at 06:53 PM
One of the market indicators available on StockCharts.com is the Bullish Percent Index (BPI), which calculates the percentage of stocks in a given index that are on point and figure BUY signals... Read More
DecisionPoint April 10, 2019 at 08:50 PM
There are no changes this week on the DecisionPoint Scoreboards or on the DecisionPoint Sector Scoreboard. The market appears strong, but there are a few items under the hood I'm concerned about... Read More
DecisionPoint April 05, 2019 at 06:17 PM
An inverted VIX with Bollinger Bands is a pretty good overbought/oversold indicator, and it is overbought when the VIX hits the upper band as it almost did today... Read More
DecisionPoint April 03, 2019 at 07:41 PM
Yesterday, the NDX started the PMO BUY signal party by adding the first Short-Term PMO BUY signal. Today, the other three indexes clicked ST PMO BUY signals as well. Below the Scoreboard are the charts of each signal. The Dow is struggling with overhead resistance... Read More
