DecisionPoint May 31, 2017 at 06:41 PM
It's the last day of the month and consequently time to review the monthly charts that have just gone final. There are some interesting configurations, especially on the Dollar and Bonds which I'll cover later in the blog... Read More
DecisionPoint May 30, 2017 at 07:26 PM
No new changes to report today. Although we are seeing BUY signals on all of the DecisionPoint Scoreboards, the short-term picture is not that bullish according to our other market indicators... Read More
DecisionPoint May 27, 2017 at 12:05 PM
Last week I said that I was expecting the market to do a little more work on the downside before the bull market resumed, but the market had other ideas. Prices continued to rally, and on Thursday SPY broke to new, all-time highs... Read More
DecisionPoint May 25, 2017 at 07:11 PM
As noted in the DP Scoreboard Summary below, all four major indexes triggered PMO BUY Signals today as the PMO crossed above its signal line. This certainly confirms the ST Trend Model BUY signals that appeared after yesterday's strong rally... Read More
DecisionPoint May 23, 2017 at 06:42 PM
The market recovery since Wednesday has been remarkable. With this steady rally, last week's bearish signals are being erased... Read More
DecisionPoint May 22, 2017 at 07:24 PM
I received some very important alerts this afternoon. Gold triggered a new IT Trend Model BUY signal as the 20-EMA crossed above the 50-EMA... Read More
DecisionPoint May 20, 2017 at 11:46 AM
In our Conclusions section of the Weekly Wrap last week, I expressed my heightened level of caution due to the negative condition of our indicators... Read More
DecisionPoint May 17, 2017 at 04:56 PM
You'll likely notice the significant changes to the DP Scoreboards (which you can now find on your member homepage in the drop down in the "Market Movers" box!). A clear shift in momentum is taking place... Read More
DecisionPoint May 16, 2017 at 07:48 PM
No changes to report on the DecisionPoint Scoreboards. They remain green in all timeframes (with the exception of the Dow IT PMO SELL signal). I suspect we will see some IT PMO SELL signals this Friday, barring a major rally... Read More
DecisionPoint May 13, 2017 at 11:12 AM
I thought that last week's breakout was the initiation of a new rally that would continue this week. But no. This week price moved back below the breakout level, but strangely this failure did not develop into a more serious breakdown either... Read More
DecisionPoint May 11, 2017 at 06:55 PM
No new changes to the DP Scoreboards to report...except that you can now find the DP Scoreboards on your member homepage! I'll be writing about how to quickly access it in tomorrow's blog... Read More
DecisionPoint May 10, 2017 at 05:14 PM
I realized that I haven't really reviewed the small and mid-cap ETFs in some time. You'll find these charts in the DecisionPoint LIVE shared ChartList if you want to keep an eye on them with my annotations... Read More
DecisionPoint May 09, 2017 at 05:26 PM
The DP Scoreboards continue to show bullishness in all three time frames as far as price trends and momentum. The only outcast is the Dow which is still waiting on the weekly PMO to have a positive crossover. Unfortunately, the PMO on the weekly chart is still in decline... Read More
DecisionPoint May 06, 2017 at 12:07 PM
Last week I wrote regarding SPY: "Consolidation may continue for a bit, and it is possible that price will move lower toward the point of the breakout and fill Tuesday's gap; however, the charts in all three time frames are bullish, and I favor a breakout to new all-time highs ne... Read More
DecisionPoint May 04, 2017 at 07:53 PM
The market hasn't really done much this week which is keeping the DP Scoreboards in a holding pattern. I've been getting regular 'technical alerts' that the OEX IT Price Momentum Oscillator (PMO) signal has changed, meaning that whipsaw is happening daily... Read More
DecisionPoint May 03, 2017 at 05:46 PM
During the MarketWatchers LIVE program (airs 12:00p - 1:30p EST M/W/F), Tom Bowley and I have started a segment called "Anatomy of a Trade" where we go through our process for identifying investment prospects... Read More
DecisionPoint May 02, 2017 at 06:44 PM
No new changes to report on the DecisionPoint Scoreboards (found in the DecisionPoint Chart Gallery link on the homepage). The market has hit overhead resistance at all-time highs and is struggling to overcome... Read More
DecisionPoint May 01, 2017 at 05:47 PM
During today's MarketWatchers LIVE show (Tune in MWF 12:00-1:30p EST) Tom Bowley and I looked at "Monday Set-Ups". Check the MarketWatchers Recap here to see the list... Read More
