Today the NYSE Composite ($NYA) 50-day EMA crossed up through the 200-day EMA (Golden Cross), generating an IT Trend Model BUY Signal. The rally continues for the NYSE. The RSI is not at all overbought and the PMO is rising above the zero line...
This was a relatively successful week for "Diamonds in the Rough". We did end up averaging down -0.03% overall, but that was better than the SPY which was down -0.43% on the week...
Today the Industrial Sector ETF (XLI) 20-day EMA crossed up through the 50-day EMA (Silver Cross) generating an IT Trend Model BUY Signal. XLI is on a strong rally and it looks as if it will challenge all-time highs very soon. Participation is very robust...
I only had one person send in requests this week. They were all "Diamonds in the Rough" as far as I'm concerned. If I had one beef it would be that a lot of these rallies have been motion for some time, but I do think there is more upside to be had...
There were no surprises as far as what the Fed was going to do with rates, leave them the same. The issue became the comments that Chairman Powell shared. He sees a possibility for stagflation but so far the job market is holding steady...
It has been awhile since I had a clear theme in the scans. Today it was all about Bonds. I am still somewhat bullish on yields so I wasn't excited about presenting Bond funds, but ultimately that is what the scans told me to do...
Today theIndustrial Sector ETF (XLI) 50-day EMA crossed up through the 200-day EMA (Golden Cross), generating an IT Trend Model BUY Signal. It wasn't long ago that we were writing about a Death Cross of the 50/200-day EMAs...
* * * * * * * * * * * * * * Carl has decided to retire, and Erin will be joining him in retirement. We will continue publication until June 27th, and we will be contacting you soon via email as to how this will affect your subscriptions...
Interest rates are back on the rise and that has made the Interest Rate Hedge ETF (PFIX) very interesting. This ETF typically travels in line with the 10-year Treasury Yield, but not exclusively. That's why the chart isn't quite the same as $TNX's...
As part of the Friday Diamond Mine trading room for Diamond subscribers only, Erin seeks out a Sector to Watch and an Industry Group to Watch. This week she liked Industrials (XLI), in particular the Heavy Construction group...
* * * * * * * * * * * * * * Carl has decided to retire, and Erin will be joining him in retirement. We will continue publication until June 27th, and we will be contacting you soon via email as to how this will affect your subscriptions...
* * * * * * * * * * * * * * Carl has decided to retire, and Erin will be joining him in retirement. We will continue publication until June 27th, and we will be contacting you soon via email as to how this will affect your subscriptions...
* * * * * * * * * * * * * * Carl has decided to retire, and Erin will be joining him in retirement. We will continue publication until June 27th, and we will be contacting you soon via email as to how this will affect your subscriptions...
* * * * * * * * * * * * * * Carl has decided to retire, and Erin will be joining him in retirement. We will continue publication until June 27th, and we will be contacting you soon via email as to how this will affect your subscriptions...
* * * * * * * * * * * * * * Carl has decided to retire, and Erin will be joining him in retirement. We will continue publication until June 27th, and we will be contacting you soon via email as to how this will affect your subscriptions...
* * * * * * * * * * * * * * Carl has decided to retire, and Erin will be joining him in retirement. We will continue publication until June 27th, and we will be contacting you soon via email on how this will affect your subscriptions...
The scans were okay today as far as the number of results. I'm still trying to concentrate on finding rising trends if possible as I believe that is where we'll find the most success...
In today's DP Trading Room we announced our retirement on June 27th. There will no longer be a free trading room. We will be contacting you soon via email on how this will affect your subscriptions...
Today, Carl and Erin made a big announcement! They are retiring at the end of June so today was the last free DecisionPoint Trading Room...
Today the U.S. Dollar Index ETF (UUP) 50-day EMA crossed down through the 200-day EMA (Death Cross), generating an IT Trend Model SELL Signal. We will cover this in more detail in the Dollar section below...