Carl opens this week's show by covering the major markets and asset classes. He reviews the mega-cap stocks that are leading the market lower. DP indicators came through on warning that there was trouble ahead; Carl explains how and why. Both Carl and Erin explain why they believe EMAs are far superior to SMAs. Carl expands on his ChartWatchers article on overbought conditions in a bull or bear market; no sector strength visible, with one exception. Afterwards, we have symbol requests galore! Carl previously spotted a possible buyout on a particular Canadian symbol… and he was right.
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Website: https://www.decisionpoint.com/
Blog: https://www.stockcharts.com/articles/decisionpoint/
Carl talks about the market conditions and trends, then dives into the metals and discusses possible entries. He explains how to use premium/discounts to determine sentiment for Gold and Silver. He also covers yield inversions. Erin gives the sector overview and dives into Biotechs and Renewable ...
Carl takes questions from the audience on his opinions regarding Silver, Gold and what he’s looking for as an end to the bear market. Meanwhile, Erin looks under the hood at leading sectors, Technology and Consumer Discretionary, as well as numerous symbol requests.
Carl and Erin cover the indicators and live market action. Erin takes a deep dive into the Energy sector among others that are looking promising. Stocks reviewed: PayPal (PYPL), Carl's take on Amazon (AMZN) and Apple (AAPL), and others!
