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DP Trading Room: Tracking Gold Sentiment

Erin Swenlin

Erin Swenlin

Co-Founder, DecisionPoint.com

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As part of Carl's review of Gold charts, he explained how we use the close-ended fund, Sprott Physical Gold Trust (PHYS) to measure sentiment for Gold. Depending on how PHYS trades, it trades at a discount or premium based on the physical Gold that it holds. These discounts and premiums help us measure Gold sentiment.

Uranium (URA) and Nuclear Energy ETF (NLR) have formed double bottoms but how healthy do they look moving forward? Carl addresses this question.

Carl also discusses his thoughts on Intel (INTC) which saw quite a gain on Monday. Is the chart healthy though?

Market trend and condition was covered in Carl's analysis of the SPY as well as a look at Gold, Gold Miners, Bitcoin, the Dollar and more on Bonds and yields.

We have our regular view of the Magnificent Seven and how these stocks are lined up to start the week.

Erin discusses the current sector rotation being displayed within the market and it is clear that traders are hedging their bets with entry into defensive sectors which are clearly outperforming.

The pair finish with an analysis of viewers' symbol requests!

01:05 DP Signal Tables

03:37 Market Analysis

05:59 Gold Sentiment Discussion

09:50 Gold Miners, Bonds/Yields, Bitcoin

13:57 Magnificent Seven

18:41 Uranium and Nuclear Energy ETFs

21:43 Intel (INTC)

25:06 Questions

30:38 Sector Rotation

35:10 Symbol Requests

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Helpful DecisionPoint Links:

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Swenlin Trading Oscillators (STO-B and STO-V)

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Erin Swenlin
About the author: 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. Learn More