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DP Trading Room: Spotlight on Mega-Cap Earnings

This week we have four Magnificent Seven stocks reporting earnings. We also take a look at McDonalds (MCD) and Ford (F) going into earnings. How are the chart technicals setup on the precipice of earnings? Carl and Erin give you there thoughts.

Carl reviews the DP Signal Tables to see how the indexes, sectors, and select industry groups are performing. He gives us his unique take on the market in general and covers Bitcoin’s rise and the weak picture for Gold. He also covers Crude Oil, the US Dollar, US Treasury Yields, and Bonds as well as Gold Miners and Silver.

Erin gives us a complete sector review, diving into the growth sectors leading after difficult declines. She finds new momentum and looks under the hood of many of the sectors including Energy, which had been seeing expansion but is still struggling to make a concerted move higher.

Erin finishes off the trading room by looking at viewer symbol requests on daily and weekly charts.

01:26 DP Signal Tables

03:44 Market Analysis and Overview of major asset classes

01:53 Magnificent Seven and Earnings Preview

23:47 Sector Rotation

36:25 Viewer Symbol Requests

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

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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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