Today’s focus was on the current and long-term conditions of Bonds and Yields which are at an inflection point. Yields are attempting to hold onto a rising trend and Bonds are plodding along to the upside for now. One reader asked if it is time to start dollar cost averaging into TLT. Get Carl’s answer!
Carl filled us in on the market as well as Bitcoin, Gold, Gold Miners and the Dollar. Once his review was complete, he stepped into the charts of the Magnificent Seven.
Erin reviewed the sectors noting that defensive areas of the market are outperforming the broader market indicating a possible market top could be ahead. Carl pointed out a possible bull flag on the Energy sector.
The pair finish with a look at viewer symbols requests with an eye toward entry and exit points and stop levels.
01:00 DecisionPoint Signal Tables
04:20 Market Overview
10:44 Bonds and Yields Discussion
15:02 Bitcoin
15:58 Magnificent Seven
19:40 Silver (SLV)
21:30 Revisit to Short-Term Bonds Discussion
23:09 Sector Analysis
32:14 Symbol Requests
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Technical Analysis is a windsock, not a crystal ball. –Carl Swenlin
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Helpful DecisionPoint Links:
Price Momentum Oscillator (PMO)
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.
