DP Trading Room: Use the Price Momentum Oscillator (PMO) Sort to Find the Winners! | decision point

Today Carl and Erin kick off the show with an example of how to find the relative strength of stocks and ETFs using Price Momentum Oscillator (PMO) sorting. Many people may not know this, but you can compare your PMO readings to each other to determine their relative strength.

Carl provides a review of the Magnificent 7 and looks at the overall market, covering everything from yields to indices. Erin takes us through several sectors and finds new strengths in telecommunications services, but we still see weaknesses in technology.

They close the show with your sign request.

00:48 PMO alignment

03:47 Magnificent 7 review

07:42 Market analysis

22:50 Questions and Answers

27:30 Sector Overview

36:43 Symbol request

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Technical analysis is a windbreaker, not a crystal ball. –Carl Swenlin

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Price Momentum Oscillator (PMO)

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