DecisionPoint

April 2024

DecisionPoint

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DP Trading Room: Intermediate-Term View of the Magnificent 7

by Erin Swenlin

Today Carl puts the spotlight on the Magnificent 7 with a look at not only the daily charts, but also a review of the intermediate term using weekly charts. See where they are headed short-term and what are our expectations are in the intermediate term... Read More 

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META's Reverse Island - Two More Mag Seven Islands to Monitor

by Erin Swenlin, Carl Swenlin

Whenever we see price gapping up or down, as happened with META in February, we prepare for the possibility of an island reversal. After the gap up, price forms a cluster, the island, and we ponder the possibility of a gap down to complete the reversal... Read More 

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DP TRADING ROOM: Find Shorts Using the Diamond Dog Scan

by Erin Swenlin

Today Erin shared her Diamond Dog Scan that she uses to find shorting opportunities. She was able to uncover five possible shorts. She discusses each chart and let's you know what she looks for in a good short... Read More 

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Netflix Gets Island Reversal On Earnings

by Carl Swenlin

Netflix (NFLX) earnings were released today, and the news was good. . . except for one little thing. They also suspiciously announced that, starting next year, they would no longer be reporting subscriber metrics... Read More 

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DP Trading Room: Final Earnings are In for 2023 Q4!

by Erin Swenlin

Carl opens the show with a view of the final earnings results for 2023 Q4! His chart reveals whether stocks are fair valued, overvalued or undervalued. Get his take on the current readings... Read More 

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2023 Q4 Earnings Analysis and Projections Through 2024 Q4

by Carl Swenlin

S&P 500 earnings are in for 2023 Q4, and here is our valuation analysis... Read More 

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DP Trading Room: On-Balance Volume (OBV) Explained

by Erin Swenlin

Today Carl and Erin cover the topic of On-Balance Volume (OBV) as a representation of volume trends. This came to their attention as they uncovered an OBV negative divergence on the SPY chart... Read More