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

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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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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

About the author:
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

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