In this episode of DecisionPoint, Erin reviews the technicals on the DecisionPoint Scoreboard Indexes (SPX, NDX, OEX & Dow) and points out some negative divergences on primary indicators that are troubling her bullish outlook. Carl discusses how Gold Premiums and Discounts are calculated and the implications of seeing high discounts on both Sprott Physical Gold Trust (PHYS) and Central Fund of Canada (CEF). Erin concentrates on the Industrials sector ETF (XLI) and reveals her new "Diamond of the Week," which she presented to subscribers yesterday. Finally, the pair finish the show with a relook at Natural Gas (UNG), which Erin wrote about in her last ChartWatchers article back on July 24th and which she picked as a Diamond for her subscribers on 7/27 after a 4% pullback.
This video was originally broadcast on August 6th, 2020. Click anywhere on the DecisionPoint logo above to view on our dedicated show page, or click this link to watch on YouTube.
Beginning next week, new episodes of DecisionPoint air on Mondays at 7pm ET on StockCharts TV. Archived episodes of the show are available at this link.
