DP Trading Room: Equal Weight Loss for Cap-Weight SPY | decision point
Did you know that equal-weighted RSP is seriously underperforming cap-weighted SPY? It is losing significant ground compared to SPY, which suggests that if large cap stocks fail, the market will also fail. Carl shows a chart to prove his point.
Next, Carl covers the market in general and reviews the Magnificent Seven. Their performance is even more important considering that they also hold indices.
Erin takes us through a review of the sector and follows up with a deeper dive into the technology sector. The program concludes with viewer preference requests. Is it time to buy or sell stocks?
Erin will be giving a special presentation on Wednesday titled “When Should You Sell a Stock or ETF?” It’s free. Click this special link to sign up! If you haven’t already, we encourage you to sign up for our free email list on the DecisionPoint.com homepage!
schedule:
01:10 DP signal table
05:42 Debate on RSP vs SPY
08:08 Market bias and market coverage
14:21 The Magnificent Seven
27:22 Sector rotation
32:40 Symbol request
Don’t miss Erin’s presentation, “When Should You Sell a Stock or ETF?” On Wednesday. For more information, join our free email list on our homepage or sign up for the presentation using this link.
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Useful DecisionPoint links:
trend model
Price Momentum Oscillator (PMO)
balance volume
Swenlin Trading Oscillators (STO-B and STO-V)
ITBM and ITVM
SCTR Ranking
Bear market rules
Erin Swenlin is the co-founder of the DecisionPoint.com website with her father, Carl Swenlin. She started the DecisionPoint daily blog with Carl in 2009 and currently serves as a consulting technical analyst and blog contributor at StockCharts.com. Erin is an active member of the CMT Association. She holds a master’s degree in information resources management from the Air Force Institute of Technology and a bachelor’s degree in mathematics from the University of Southern California. Learn more