Carl brings out his “Grab Bag” during today’s free DecisionPoint Trading Room! He gives us a read on Chipotle’s (CMG) 50:1 split. He talks about NVDA’s strangle hold on the market and gives us homework to read recent articles from David Bahnsen (https://thebahnsengroup.com/dividend-cafe/) and John Hussman (https://www.hussmanfunds.com/comment/mc240623/). David Bahnsen discusses the Dot.com bubble and what we can learn from it this time around. John Hussman “rings the bell” on a market top.
Carl starts us off with the DP Signal Tables and a thorough market overview including coverage of the Magnificent Seven stocks.
Erin enlightens us on sector rotation. Technology is seeing a decline with money rotating into other areas of the market. She finds that Energy, Healthcare and Financials seem to be benefitting the most.
She finishes with symbol requests that include discussion of when to consider selling NVDA and MSFT’s future.
01:27 DecisionPoint Signal Tables
04:44 Market Overview
16:20 Magnificent Seven
19:29 Carl’s Grab Bag
26:02 How to Find Trading Room videos = YouTube @decisionpointcom
29:04 Sector Rotation
37:46 Symbol Requests
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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.
