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DP Trading Room: Analyzing Two New Stocks in SP500 (DELL, PLTR)

In today’s free DP Trading Room Carl reviews the charts of two new members to the SP500, Dell (DELL) and Palantir (PLTR). Are they poised to break out on this news?

Carl also discussed the inflation on housing prices to open the show. Before going over the signal tables that reveal a clear bull market bias to the market right now.

Carl also gives us his take on the current trend and condition of the market and reviewed key areas of the market like Bonds and Yields, Crude Oil, the Dollar and the recent breakout move in Gold.

The Magnificent Seven are moving in different directions. See which stocks are configured bullishly and which are configured bearishly.

Erin jumps in with a review of sector rotation. How are defensive groups faring and what about big growth areas like Technology and Communication Services?

The pair finish with looking at viewer symbol requests.

Don’t forget you can try any of the DecisionPoint.com subscriptions for two weeks FREE! Just use coupon code: DPTRIAL2 at checkout!

00:57 Housing Inflation

01:45 DP Signal Tables

04:03 Market Overview

13:56 Magnificent Seven

21:35 Two New Stocks in SP500

29:33 Sector Rotation

33:40 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.

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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