Connect with us

Hi, what are you looking for?

Investment Insight Daily Stock News

DP Trading Room: Analyzing Two New Stocks in SP500 (DELL, PLTR)

In today’s free DP Trading Room Carl reviews the charts of two new members to the SP500, Dell (DELL) and Palantir (PLTR). Are they poised to break out on this news?

Carl also discussed the inflation on housing prices to open the show. Before going over the signal tables that reveal a clear bull market bias to the market right now.

Carl also gives us his take on the current trend and condition of the market and reviewed key areas of the market like Bonds and Yields, Crude Oil, the Dollar and the recent breakout move in Gold.

The Magnificent Seven are moving in different directions. See which stocks are configured bullishly and which are configured bearishly.

Erin jumps in with a review of sector rotation. How are defensive groups faring and what about big growth areas like Technology and Communication Services?

The pair finish with looking at viewer symbol requests.

Don’t forget you can try any of the DecisionPoint.com subscriptions for two weeks FREE! Just use coupon code: DPTRIAL2 at checkout!

00:57 Housing Inflation

01:45 DP Signal Tables

04:03 Market Overview

13:56 Magnificent Seven

21:35 Two New Stocks in SP500

29:33 Sector Rotation

33:40 Symbol Requests

Click HERE to bookmark our video playlist.

Introducing the new Scan Alert System!

Delivered to your email box at the end of the market day. You’ll get the results of our proprietary scans that Erin uses to pick her “Diamonds in the Rough” for the DecisionPoint Diamonds Report. Get all of the results and see which ones you like best! Only $29/month! Or, use our free trial to try it out for two weeks using coupon code: DPTRIAL2. Click HERE to subscribe NOW!

Watch the latest episode of the DecisionPointTrading Room on DP’s YouTube channel here!

Try us out for two weeks with a trial subscription!

Use coupon code: DPTRIAL2 Subscribe HERE!

Technical Analysis is a windsock, not a crystal ball. –Carl Swenlin

(c) Copyright 2024 DecisionPoint.com

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.

Helpful DecisionPoint Links:

Trend Models

Price Momentum Oscillator (PMO)

On Balance Volume

Swenlin Trading Oscillators (STO-B and STO-V)

ITBM and ITVM

SCTR Ranking

Bear Market Rules

You May Also Like

Investment Insight Daily Economy News

Laura Wong Hon Chan is an interest rate options trader, who is currently a director at Bank of America Merrill Lynch in New York....

Investment Insight Daily Stock News

In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews what’s driving the markets higher and what to be on the lookout...

Investment Insight Daily Stock News

SPX Monitoring Purposes: Long SPX on 10/10/22 at 3612.39; sold 12/13/22 at 3669.91 = gain 1.59%. Monitoring Purposes GOLD: Long GDX on 10/9/20 at...

Investment Insight Daily Stock News

I don’t like it when parts of a puzzle don’t match. You just don’t get a clear picture. As participants in the markets, we...