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DP Trading Room: Deflation…a Possibility?

Today’s DP Trading Room was jam packed! The lead story is definitely the fact that deflation is another possibility that many are not talking about. We don’t know if it will be the final outcome, but we have a link that discusses this possibility: https://hoisington.com/economic_overview.html

Carl also covered the market in general and then showed us how to use the PMO Sort with StockCharts’ Candleglance. It organizes the components and compares their PMO values listing the strongest at the top and the weakest at the bottom. The PMO can be compared among all indexes, stocks and ETFs.

Carl exhibits our new Russell 2000 (IWM) “Under the Hood” chart and explains how we use the SP600 participation readings to understand what the internals might be for IWM.

Both Carl and Erin discussed the new found strength in the Energy sector. Erin points out that Coal is looking particularly strong right now. She shares some symbols from this area with viewers: ARLP, CEIX, HNRG and SXC.

Finally Erin finishes with a look at viewer symbol requests with eye toward the weekly charts and setting entries and exits.

01:15 DecisionPoint Signal Tables

04:09 Market Overview

09:52 Magnificent Seven

14:42 Russell 2000 (IWM)

15:52 Deflation Discussion

19:48 PMO Sort Examples

22:41 Energy Sector Discussion

24:25 Bitcoin

25:38 Gold Miners

26:53 Sector Rotation + Industry Groups to Watch (Coal, Regional Banks)

33:00 Symbol Requests


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


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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


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