Are Markets Ready to Topple? | Erin Swenlin (04.24)
Your Daily Five • 10m
Erin warns that the market is ready to topple and correct overbought prices. Her Swenlin Trading Oscillators (STOs) and Intermediate-Term Breadth Momentum and Intermediate-Term Volume Momentum oscillators worry her right now. However, there are pockets of strength that can be exploited. Erin says to watch Consumer Staples (XLP) and brings in “Diamond of the Week” Dollar General (DG).
Connect with Erin
https://decisionpoint.com
https://stockcharts.com/articles/decisionpoint/
https://twitter.com/_decisionpoint
https://www.linkedin.com/in/decisionpoint/
Up Next in Your Daily Five
-
My Top 6 Long and Short Stock Picks |...
We all know at this point how difficult the market has been with all of the varying opinions regarding recession, inflation, stagflation, the market's going to come back, the market's going to collapse - ad nauseam. What about the people stuck in the middle of a range bound market? Mish presents ...
-
Headwinds Warning for Passive Investi...
In today’s episode, Chris warns about headwinds for passive investing in stocks. On the flip side, he touts that tailwinds for passive investing in gold are yet to come.
-
Prepare for "Volmageddon" | Jeffrey H...
Jeffry Huge, CMT shares is top 5 charts of the week showing market breadth, sentiment, internals, and gives a warning volatility.
Connect With Jeffrey
Website: www.jwhinvestment.com
https://twitter.com/Alpha_Insights
LinkedIn: Jeffrey W. Huge, CMT
Substack: https://www.hugeinsights.substack.com...
