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

Future Retirement Success

Stocks

DP Trading Room: Why the PMO is Better Than the MACD!

by February 26, 2024
February 26, 2024
DP Trading Room: Why the PMO is Better Than the MACD!

Today Carl explains the benefits of using the Price Momentum Oscillator versus the MACD. They are not the same!

Carl then gives us his insights on the market in general as well as Bitcoin news, Magnificent 7 overview, as well as Crude Oil and Interest Rates.

Erin gives us an in depth look at where the S&P Sectors are showing strength. One sector should be avoided based on the PMO.

Some highlights:

– The PMO is a better momentum indicator than MACD because it normalizes readings to allow for better comparisons over time. 

– Many of the “Magnificent Seven” tech stocks like Apple, Google, and Microsoft are showing signs of topping out based on technical indicators. 

– Consumer staples and real estate sectors look strong and may benefit if the broader market corrects. 

– Comm services sector is showing weakness based on declining PMO readings. 

– Home Depot still looks technically healthy despite a bearish momentum divergence. 

– IGV tech ETF looks interesting but tech weakness could pose risks. 

– ARM Holdings has more upside potential but requires a tight stop due to parabolic rise. 

– Gold miners like MTA still have downside risk given weakness in gold prices and technical indicators.

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
What the changing media landscape means for SMEs
next post
We Are Still Measuring Inflation All Wrong

You may also like

What Loss?! NVIDIA and ORACLE Rip Higher

March 12, 2024

GNG TV: Small But Mighty — “Go” Trend...

June 8, 2023

Sector Spotlight: Sector Rotation Out of Defensive into...

July 10, 2023

Unlocking Strong AI Investments: You Need To Analyze...

June 14, 2023

The QQQ Is Bouncing Off VERY Significant Price...

January 6, 2023

Visualizing the Holdings for a Dual Momentum Rotation...

June 3, 2024

Tickers Still Bullish

March 24, 2023

Mish’s Daily: 3 Technical Lessons on Whether or...

October 3, 2022

The Ord Oracle July 25, 2023

July 26, 2023

Gold Buyers Should Remember FDR

August 31, 2023

    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

    • Trump ally stands firm against ‘big, beautiful bill’ despite pressure: ‘It’ll completely backfire’

      June 8, 2025
    • Rubio condemns assassination attempt on Colombian presidential candidate Miguel Uribe

      June 8, 2025
    • Obama WH physician says Biden doc should have performed cognitive test

      June 8, 2025
    • Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

      June 7, 2025
    • Musk jokes about reconsidering stance on Big Beautiful Bill after Schiff’s praise

      June 7, 2025
    • Musk deletes explosive posts about Trump and Epstein files

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,571)
    • Stocks (3,136)
    • 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