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DP Trading Room: Magnificent Seven Earnings Preview

As part of today’s coverage of the Magnificent Seven we remind you when the big mega-caps are reporting and give you are current perspective of each. We also cover all of the Magnificent Seven in the short and intermediate terms with daily and weekly charts.

Carl gives us his opinion on where the market is headed and what DecisionPoint signal tables are telling us about market conditions. He also covers asset classes Gold, Dollar, Gold Miners, Crude Oil, Bonds and Yields.

Erin takes the controls and enlightens us on current sector rotation trends. Momentum may be failing on some of the sectors, but Silver Crosses are still intact.

The pair finish with a look at viewer symbol requests that included RIVN, ON, SMCI and more!

01:52 DP Signal Tables

04:44 Market Overview

14:50 Magnificent Seven

24:48 Questions

30:09 Sector Rotation

35:49 Symbol Requests

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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

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