Today Carl compares this week’s Trump Rally with the rally we saw after Reagan was elected in 1980. There are similarities and differences. The Trump rally has lifted certain sectors of the market as well as Cryptocurrencies. While the Reagan rally had different catalysts.
The market continues to make new all-time highs. Carl gives us the full analysis picture as he covers the market in general as well as Bitcoin, Gold, the Dollar and many more.
It is time for another review of the Magnificent Seven in the short and intermediate terms. Some are positioned well while others are showing weakness.
Erin covers sector rotation with a special study of the small-cap stocks that are soaring higher on the Trump election. Are overbought conditions a problem? Overbought conditions can persist in a bull market move and that is exactly what we have right now.
The pair finish the program looking at viewer symbol requests which were heavy on Semiconductors. How do they compare with NVDA?
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01:33 Trump Rally vs. Reagan Rally
06:21 Market Overview
14:41 Magnificent Seven
21:15 Sector Rotation and Small-Caps
29:42 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.
