Today, Carl begins the Trading Room with a discussion on what falling wedge chart patterns are and why they have the expectation of an upside conclusion. Erin and Carl both review how exponential moving averages (EMAs) work and why they prefer them. Erin performs a thorough review of all of the sectors, then dives into the Utilities sector industry groups. They both finish by reviewing your symbol requests. Is this a market to hold into? Or should we book profits?
Carl starts the show with a look at Bitcoin alongside the market overview. Erin finds two sectors with promise, as well as a review of the groups within. They finish with discussions on some viewer symbol requests!
Carl gives us his perspective on why this bear market bottom is different than prior bear market rallies. What is keeping him bullish? He and Erin look talk about the VIX and the current fear factor (or lack there of). Erin talks Natural Gas and Marine Transport stocks FLNG and DLNG. She also doe...
Carl and Erin discuss their study of the Silver Cross Index (SCI) positive and negative crossovers and how they are helping determine not only bias, but possible entries/exits in the market as a whole. Carl covers the bullish behavior on DP indicators that continues into this bear market rally, w...
