In this week’s edition of The DecisionPoint Trading Room, Carl, after a walkthrough of the Magnificent 7+ stocks, examines how, while it was clear that there’s some strength to be had in the Nasdaq, one look at the Ultrashort for Dow 30 (SDOW) and an internal review of the Dow 30 shows there are problems “under the hood” based on DecisionPoint indicators. Erin, meanwhile finds the only strength among the sectors lies with none other than Technology. In the last half of the show, they take a number of symbol requests from the Trading Room’s live attendees.
This video was originally recorded on October 2, 2023. Click this link to watch on YouTube.
New episodes of The DecisionPoint Trading Room premiere on the StockCharts TV YouTube channel on Mondays. Past videos will be available to watch here. Sign up to attend the trading room live Mondays at 12pm ET by clicking here!