Connect with us

Hi, what are you looking for?

Investment Insight Daily Stock News

DP Trading Room: The “Magnificent 7” Mega-Caps

In this week’s edition of The DecisionPoint Trading Room, Carl starts the program with an in-depth review of the “Magnificent 7” + Tesla (TSLA). These mega-cap stocks help us determine the temperature of the major indexes, and bias assessment suggests weakness under the surface in the short term. Erin takes a close look at the sectors, particularly Energy, where she points out new strength in Coal among other industry groups within Energy.

This video was originally recorded on July 31, 2023. Click this link to watch on YouTube.

New episodes of The DecisionPoint Trading Room premiere on the StockCharts TV YouTube channel on Mondays. Past videos will be available to watch here. Sign up to attend the trading room live Mondays at 12pm ET by clicking here!

You May Also Like

Investment Insight Daily Stock News

SPX Monitoring Purposes: Long SPX on 2/6/23 at 4110.98.Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral.The bottom...

Investment Insight Daily Economy News

Nigeria’s Economy at a Crossroads: President Tinubu’s Ambitious Reforms Nigeria finds itself at a crucial juncture as its economy grapples with longstanding challenges, from...

Investment Insight Daily Economy News

Oil and natural gas: Oil rises above the $80.00 level After three months, the oil price was again above the $80.00 level yesterday. This...

Investment Insight Daily Economy News

Oil Drops: Price Volatility and Global Concerns In the dynamic realm of oil trading, this week witnessed a significant downturn, with oil prices dropping...