Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Stocks

DecisionPoint Trading Room: Narrow Advance a Big Problem!

by February 5, 2024
February 5, 2024
DecisionPoint Trading Room: Narrow Advance a Big Problem!

The market rally last week was very narrow, driven mainly by large gains in communication services stocks like Meta. Many technical indicators are showing negative divergences. The broader market struggled. Erin reviews all of the sectors under the hood and then takes your symbol requests.

Key Takeaways:

– Communication services and technology sectors look strongest, while materials, energy, and real estate look weakest. Industrials were identified as a sector to watch this week.

– Treasury yields bounced last week but the yield curve remains inverted, which can be a sign of economic weakness.

– Specific stocks discussed included PHR (buy opportunity on pullback), LDS (lined up technically but wait for better entry), and CRWD (hold with tight stop).

– The presenters have a bearish short-term outlook on the market and expect prices to move lower this week. Defensive sectors may outperform if the market declines.

Watch the latest episode of the DecisionPointTrading Room on DP’s YouTube channel here!

Try us out for two weeks with a trial subscription!

Use coupon code: DPTRIAL2 at checkout!

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

(c) Copyright 2024 DecisionPoint.com

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

0
FacebookTwitterGoogle +Pinterest
previous post
Why is cloud mining so popular?
next post
College Cost Reduction Act: More Downsizing Needed

You may also like

GNG TV: “Fish Where the Fish Are” —...

February 10, 2023

The Wisdom of Jesse Livermore, Part 7

June 7, 2023

Respecting the Rangebound S&P 500

January 6, 2023

Tech Wreck Leads Markets Into a Downtrend —...

August 5, 2023

Wall Street’s Hunger Games Are Now Complete

May 21, 2023

Identifying Top Charts with Upside Potential in 2024

July 9, 2024

Will Shutterstock Buck the Bear Trend?

February 8, 2023

Market Pullbacks Provide Opportunities to Build your WatchList...

January 11, 2025

DP Trading Room: Long-Term Outlook for Bonds

April 21, 2025

Tape Reading for Distribution

February 6, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Musk feud presents ‘unprecedented’ dynamic compared to past Trump disputes: expert

      June 7, 2025
    • Snub of Musk’s NASA nominee ally preceded sudden ‘big, beautiful bill’ criticism, Trump feud

      June 6, 2025
    • Supreme Court rules DOGE can access Social Security information

      June 6, 2025
    • US sanctions money laundering network aiding Iran as regime faces nuclear reprimand at IAEA

      June 6, 2025
    • From Tariffs to Tech: Where Smart Money’s Moving Right Now

      June 6, 2025
    • Your Weekly Stock Market Snapshot: What It Means for Your Investments

      June 6, 2025

    Categories

    • Business (8,149)
    • Investing (2,019)
    • Politics (15,556)
    • Stocks (3,134)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved