Did you know that the equally-weighted RSP is seriously underperforming the cap-weighted SPY? It is losing considerable ground against the SPY and that suggests that if mega-caps fail, so will go the market. Carl shows us charts to prove his point.
Next up Carl covers the market in general followed by a review of the Magnificent Seven. Their performance is even more important given they are holding the indexes together.
Erin follow up with a review of the sectors and in depth coverage of the Technology sector. The program concludes with viewers symbol requests. Is it time to buy or sell your stock?
Erin will be doing a special presentation on Wednesday called “When to Sell Your Stock or ETF?”. It is free, simply click on this special link to sign up! If you haven’t already, we recommend you sign up for our free email list on our homepage at DecisionPoint.com!
Schedule:
01:10 DP Signal Tables
05:42 Discussion of RSP v. SPY
08:08 Market Bias and Market Coverage
14:21 Magnificent Seven
27:22 Sector Rotation
32:40 Symbol Requests
Don’t miss Erin’s presentation, “When to Sell Your Stock or ETF?” on Wednesday. Sign up for our free email list on our homepage for more information, or use this LINK to register for the presentation.
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Technical Analysis is a windsock, not a crystal ball. –Carl Swenlin
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Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
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Helpful DecisionPoint Links:
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Swenlin Trading Oscillators (STO-B and STO-V)
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.