Friday was a bad day for CrowdStrike Holdings (CRWD) as a bug was pushed out that disrupted Windows machines worldwide. The trouble for CRWD is the follow-up lawsuits etc that will likely plague the stock for some time to come. You’ll be shocked to see the warning signs all over the chart that portended some kind of correction for CRWD even before the pandemonium.
Another special discussion was Carl’s newfound Bond ETFs that follow Treasuries of all time periods. These ETFs pay dividends once a month and act as owning Treasures but with the flexibility of an ETF. Do a search on FMINVEST.com for more information. Below is the list of ETFs.
Carl goes over the DP Signal Tables which look especially bullish right now. Things are as good as they can get, now what? Carl proceeds with giving us a complete review of the market in general as well as his thoughts on Bitcoin, Bonds, Gold, Crude Oil and more.
A review of the Magnificent Seven rounded out Carl’s portion of the trading room. Erin takes the reins and discusses today’s rotation back into growth and Technology. Can it last? Which sectors are lined up the best going into this week?
Erin finishes up the trading room with symbol requests that answer the question of whether to buy or sell or hold those stocks.
01:03 DecisionPoint Signal Tables
03:47 Market Overview
13:06 Magnificent Seven Analysis
16:05 CrowdStrike Chart
18:56 Treasury ETFs & Questions
27:18 Sector Rotation
34:33 Symbol Requests
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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.
