Today Erin shared her Diamond Dog Scan that she uses to find shorting opportunities. She was able to uncover five possible shorts. She discusses each chart and let’s you know what she looks for in a good short.
Carl did the market overview with special attention paid to Silver and Gold as well as Gold Miners. He covered current DecisionPoint signals and walked us through the Magnificent Seven stocks.
Semiconductors were a favorite among the symbol requests that Erin analyzed at the end of the program.
01:13 DecisionPoint Signal Tables
03:44 Market Overview with Carl
13:02 Magnificent Seven
17:45 Sector Analysis
23:12 Diamond Dog Scan
35:39 Symbol Requests
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Technical Analysis is a windsock, not a crystal ball. –Carl Swenlin
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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.
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Helpful DecisionPoint Links:
Price Momentum Oscillator (PMO)
Swenlin Trading Oscillators (STO-B and STO-V)
Erin Swenlin is a co-founder of the DecisionPoint.com website along with her father, Carl Swenlin. She launched the DecisionPoint daily blog in 2009 alongside Carl and now serves as a consulting technical analyst and blog contributor at StockCharts.com. Erin is an active Member of the CMT Association. She holds a Master’s degree in Information Resource Management from the Air Force Institute of Technology as well as a Bachelor’s degree in Mathematics from the University of Southern California.
