{"id":9243,"date":"2024-09-10T00:04:49","date_gmt":"2024-09-10T00:04:49","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2024\/09\/10\/dp-trading-room-ai-bubble-deflating\/"},"modified":"2024-09-10T00:04:49","modified_gmt":"2024-09-10T00:04:49","slug":"dp-trading-room-ai-bubble-deflating","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2024\/09\/10\/dp-trading-room-ai-bubble-deflating\/","title":{"rendered":"DP Trading Room: AI Bubble Deflating"},"content":{"rendered":"
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The recent decline last week revealed that the artificial intelligence bubble is deflating. Magnificent Seven stocks are unwinding in response to investors losing confidence in the AI trade in general. Carl gives us a complete picture of the Magnificent Seven in the short and intermediate terms. It doesn\u2019t look very good.<\/p>\n

Carl also gives us insight on the condition of Intel (INTC) which has been discussed as a good reversal candidate. Carl gives us his opinion on whether we should be buying INTC or not.<\/p>\n

Erin looks inside darling, Consumer Staples (XLP) using DecisionPoint \u201cunder the hood\u201d charts to understand the actual health of the sector. She also dives into Energy (XLE) which is on support and Consumer Discretionary (XLY) which has been in a holding pattern. Participation gives us a hint as to where it is likely to resolve.<\/p>\n

The pair finish the program with a look at viewer symbol requests.<\/p>\n

Get complete market analysis with a DecisionPoint Alert subscription! You\u2019ll know the market\u2019s trend and condition plus coverage of Bitcoin, Yields, Bonds, Gold, Gold Miners, the Dollar and Crude Oil! Try us out with a free two week trial using coupon code: DPTRIAL2!<\/p>\n

01:23 DecisionPoint Signal Tables<\/p>\n

03:57 Market Analysis<\/p>\n

13:22 Magnificent Seven Short and Intermediate Terms<\/p>\n

22:25 Discussion on Intel (INTC)<\/p>\n

25:40 Sector Rotation (Coverage of XLP, XLE and XLY)<\/p>\n

34:05 Questions (Nuclear Energy ETF)<\/p>\n

40:02 Symbol Requests<\/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

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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":"

The recent decline last week revealed that the artificial intelligence bubble is deflating. Magnificent Seven stocks are unwinding in response to investors losing confidence in the AI trade in general. Carl gives us a complete picture of the Magnificent Seven in the short and intermediate terms. It doesn\u2019t look very good. Carl also gives us […]<\/p>\n","protected":false},"author":0,"featured_media":9244,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-9243","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\/9243","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=9243"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/9243\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/9244"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=9243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=9243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=9243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}