Right this moment Erin appears to be like on the Broadcom (AVGO) chart and compares it to the NVIDIA (NVDA) chart. She reveals us the variations between the 2 and tells you whether or not she believes AVGO would be the new NVDA, which means it would carry out as NVDA used to carry out with a concerted transfer up almost on a regular basis.
Carl analyzes the market and provides you all that you must know going into this buying and selling week. He discusses his ideas on the place the market could also be headed in January. Can the rally proceed?
After the market overview, Carl covers the Magnificent Seven within the brief time period and the intermediate time period by taking a look at each the day by day and weekly charts for every.
The pair then reply questions posed by viewers on OBV development and a dialogue of how we use the Bias Desk for short-term evaluation. At present the desk is flipping bearish.
Erin covers sector rotation and provides us two sectors to observe transferring into this week. Two sectors are in decline however they’ve each reached very attention-grabbing ranges of assist that might precede an upside reversal.
Lastly Erin covers viewers image requests.
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01:06 DP Sign Tables
04:22 Semiconductor Chart
06:39 Market Overview
17:27 Magnificent Seven
23:46 Questions
30:52 Broadcom v. NVIDIA
38:16 Sector Rotation
42:04 Image Requests
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Useful DecisionPoint Hyperlinks:
Value Momentum Oscillator (PMO)
Swenlin Buying and selling Oscillators (STO-B and STO-V)
Erin Swenlin is a co-founder of the DecisionPoint.com web site alongside along with her father, Carl Swenlin. She launched the DecisionPoint day by day weblog in 2009 alongside Carl and now serves as a consulting technical analyst and weblog contributor at StockCharts.com. Erin is an lively Member of the CMT Affiliation. She holds a Grasp’s diploma in Data Useful resource Administration from the Air Pressure Institute of Know-how in addition to a Bachelor’s diploma in Arithmetic from the College of Southern California.