{"id":13043,"date":"2024-12-10T00:01:12","date_gmt":"2024-12-10T00:01:12","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2024\/12\/10\/market-as-good-as-it-gets\/"},"modified":"2024-12-10T00:01:12","modified_gmt":"2024-12-10T00:01:12","slug":"market-as-good-as-it-gets","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2024\/12\/10\/market-as-good-as-it-gets\/","title":{"rendered":"Market As Good As It Gets"},"content":{"rendered":"
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Today Carl looks at the 26 indexes, sectors and groups in a CandleGlance to see how the indexes stack up. It is clear that all of the indexes are as good as they can get. Carl warns that when things are as good as they can get, the only place left to go is down. Overbought conditions can persist, but it is certainly an attention flag.<\/p>\n

Today Carl took us into the Semiconductor (SMH) industry group to discover how the group is weighted.<\/p>\n

Carl also gives us his overview of the market in general and then covers the Magnificent Seven in the short and intermediate terms. Which ones are set up bullishly and which two are struggling?<\/p>\n

Erin takes over and talks about sector rotation by going through the sector CandleGlance to see where aggressive and defensive sectors stand currently. There are clear winners and losers.<\/p>\n

The pair finish the trading room by going through viewers symbol requests that includes looks at Palantir (PLTR) and Super Micro (SMCI).<\/p>\n

01:22 DP Market Scoreboards<\/p>\n

02:46 Semiconductor (SMH) Weighting<\/p>\n

04:57 Market Overview including Dollar, Gold and Crude Oil among others<\/p>\n

13:47 Magnificent Seven<\/p>\n

17:31 Market As Good As It Gets<\/p>\n

22:47 Sector Rotation<\/p>\n

31:02 Symbol Requests<\/p>\n

If you\u2019d like to join us LIVE on Mondays at Noon ET, register here: https:\/\/zoom.us\/webinar\/register\/WN_D6iAp-C1S6SebVpQIYcC6g#\/registration<\/a><\/p>\n

Try out any of our subscriptions for two week for FREE! The DP Alert is a \u201cmust-have\u201d! Use coupon code: DPTRIAL2 at checkout here: https:\/\/www.decisionpoint.com\/products.html<\/a><\/p>\n<\/p>\n

<\/div>\n<\/p>\n

Introducing the new Scan Alert System!<\/h2>\n

Delivered to your email box at the end of the market day. You\u2019ll get the results of our proprietary scans that Erin uses to pick her \u201cDiamonds in the Rough\u201d for the DecisionPoint Diamonds Report. Get all of the results and see which ones you like best! Only $29\/month! Or, use our free trial to try it out for two weeks using coupon code: DPTRIAL2. Click HERE<\/a> to subscribe NOW!<\/p>\n<\/p>\n

Learn more about DecisionPoint.com:<\/strong><\/p>\n

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<\/h4>\n

Watch the latest episode of the DecisionPoint<\/em>Trading Room<\/em> on DP\u2019s YouTube channel <\/strong>here<\/strong><\/a>!<\/strong><\/h4>\n<\/p>\n

<\/a><\/p>\n

Try us out for two weeks with a trial subscription!<\/h2>\n

Use coupon code: DPTRIAL2 Subscribe HERE<\/a>!<\/h2>\n

Technical Analysis is a windsock, not a crystal ball. \u2013Carl Swenlin<\/strong><\/p>\n

(c) Copyright 2024 DecisionPoint.com<\/strong><\/p>\n

Disclaimer:\u00a0This blog is for educational purposes only and should not be construed as financial advice. The ideas and\u00a0strategies should never be used without first assessing your own personal and financial situation, or without consulting a\u00a0financial professional.\u00a0Any opinions expressed herein are solely\u00a0those of the author, and do not in any way represent the views or opinions of any other person or entity.<\/em><\/strong><\/p>\n

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.<\/em><\/strong><\/p>\n

Helpful DecisionPoint Links:<\/strong><\/p>\n

Trend Models<\/strong><\/a><\/p>\n

Price Momentum Oscillator (PMO)<\/strong><\/a><\/p>\n

On Balance Volume<\/strong><\/a><\/p>\n

Swenlin Trading Oscillators (STO-B and STO-V)<\/strong><\/a><\/p>\n

ITBM<\/strong><\/a> and <\/strong>ITVM<\/strong><\/a><\/p>\n

SCTR Ranking<\/strong><\/a><\/p>\n

Bear Market Rules<\/a><\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Today Carl looks at the 26 indexes, sectors and groups in a CandleGlance to see how the indexes stack up. It is clear that all of the indexes are as good as they can get. Carl warns that when things are as good as they can get, the only place left to go is down. […]<\/p>\n","protected":false},"author":0,"featured_media":13044,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-13043","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/13043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=13043"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/13043\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/13044"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=13043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=13043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=13043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}