To start today’s trading room, Carl answers the question: “How do we find overbought/oversold levels on the PMO?“. Both discuss rounded tops found throughout the market. Additionally, they talk the importance of knowing the trend and condition of the market above all else.
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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 s...
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...