DecisionPoint

July 2023

DecisionPoint

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DP Trading Room: The "Magnificent 7" Mega-Caps

by Carl Swenlin, Erin Swenlin

In this week's edition of The DecisionPoint Trading Room, Carl starts the program with an in-depth review of the "Magnificent 7" + Tesla (TSLA)... Read More 

DecisionPoint

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Is Gold Headed for New All-Time Highs?

by Carl Swenlin

On Wednesday, the SPDR Gold Shares ETF (GLD) 20-day EMA crossed up through the 50-day EMA, generating an IT Trend Model BUY Signal. This means that GLD is bullish in the intermediate-term... Read More 

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DP Trading Room: Technology On Its Way Down?

by Carl Swenlin, Erin Swenlin

Technology has shown leadership on the way up, but will it show it on the way down? In this week's edition of The DecisionPoint Trading Room, Carl looks at the internals and a large double-top that is forming, while Erin covers the sectors in depth... Read More 

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Technology Long-Term Double-Top?

by Erin Swenlin

Admittedly it is early, very early to make a pronouncement that a double-top is "in", but we do have a second top and it could be THE top. We've annotated the prior long-term top from 2021. Technology's bear market began in earnest at that time... Read More 

DecisionPoint

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S&P 500 2023 Q1 Earnings Show Improvement

by Carl Swenlin

The following chart shows the normal value range of the S&P 500 Index, indicating where the S&P 500 would have to be in order to have an overvalued P/E of 20 (red line), a fairly valued P/E of 15 (blue line), or an undervalued P/E of 10 (green line)... Read More