In this episode of DecisionPoint, Carl returns to the show and brings an interesting concept to share. Carl examines DP indicators and how they are confirming a stealth correction, as suggested by David Keller. To prove his point, he reviews stocks within the Dow 30 that did not have their 20-EMA above their 50-EMA (they're not on a "Silver Cross" BUY signal). He reviews the DP indicators and his take on Gold, as well as the Dollar and more. Erin closes the show by presenting how to find new strength among industry groups, then focuses in on one of the top SCTR movers. She then drills down to find an interesting stock and finally reveals the "Diamond of the Week".
This video was originally recorded on August 9th, 2021. Click anywhere on the DecisionPoint logo above to view on our dedicated show page, or click this link to watch on YouTube. You can also watch this episode and other past episodes on the StockCharts on demand video service, StockChartsTV.com. Registration is free!
New episodes of DecisionPoint air on Mondays at 7pm ET on StockCharts TV. Archived episodes of the show are available at this link.