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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