Archive

November 12, 2024

Browsing
In Stocks

Is the Trump Rally Like the Reagan Rally?

3 Mins Read

Today Carl compares this week’s Trump Rally with the rally we saw after Reagan was elected in 1980. There are similarities and differences. The Trump rally has lifted certain sectors of the market as well as Cryptocurrencies. While the Reagan rally had different catalysts.

The market continues to make new all-time highs. Carl gives us the full analysis picture as he covers the market in general as well as Bitcoin, Gold, the Dollar and many more.

It is time for another review of the Magnificent Seven in the short and intermediate terms. Some are positioned well while others are showing weakness.

Erin covers sector rotation with a special study of the small-cap stocks that are soaring higher on the Trump election. Are overbought conditions a problem? Overbought conditions can persist in a bull market move and that is exactly what we have right now.

The pair finish the program looking at viewer symbol requests which were heavy on Semiconductors. How do they compare with NVDA?

Join us live on Mondays at Noon ET by registering to attend at https://us06web.zoom.us/webinar/register/WN_D6iAp-C1S6SebVpQIYcC6g

We love doing the free trading room, but we do have to make a living! Contemplate getting a subscription to the DP Alert which sets the table for all of your trades! Click to subscribe now! https://www.decisionpoint.com/products.html

Use coupon code: DPTRIAL2 to get two free weeks of any subscription!

01:33 Trump Rally vs. Reagan Rally

06:21 Market Overview

14:41 Magnificent Seven

21:15 Sector Rotation and Small-Caps

29:42 Symbol Requests

Introducing the new Scan Alert System!

Delivered to your email box at the end of the market day. You’ll get the results of our proprietary scans that Erin uses to pick her “Diamonds in the Rough” for the DecisionPoint Diamonds Report. Get all of the results and see which ones you like best! Only $29/month! Or, use our free trial to try it out for two weeks using coupon code: DPTRIAL2. Click HERE to subscribe NOW!

Learn more about DecisionPoint.com:

Watch the latest episode of the DecisionPointTrading Room on DP’s YouTube channel here!

Try us out for two weeks with a trial subscription!

Use coupon code: DPTRIAL2 Subscribe HERE!

Technical Analysis is a windsock, not a crystal ball. –Carl Swenlin

(c) Copyright 2024 DecisionPoint.com

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

Keep Reading
In World news

New Zealand’s leaders formally apologize to survivors of abuse in state and church care

2 Mins Read

New Zealand’s Prime Minister Christopher Luxon made a “formal and unreserved” apology in Parliament on Tuesday for the widespread abuse, torture and neglect of hundreds of thousands of children and vulnerable adults in care, many of them Indigenous.

“It was horrific. It was heartbreaking. It was wrong. And it should never have happened,” Luxon said, as he spoke to lawmakers and a public gallery packed with survivors of the abuse.

An estimated 200,000 people in state, foster and faith-based care suffered “unimaginable” abuse over a period of seven decades, a blistering report released in July said at the end of the largest inquiry ever undertaken in New Zealand.

“For many of you it changed the course of your life, and for that, the government must take responsibility,” Luxon said.

“Words do matter and I say these words with sincerity: I have read your stories, and I believe you,” he added. The Prime Minister was apologizing on behalf of previous governments too, he said.

The results were a “national disgrace,” the inquiry’s report said, after a six-year investigation believed to be the widest-ranging of comparable probes worldwide. Of 650,000 children and vulnerable adults in state, foster, and church care between 1950 and 2019 — in a country that today has a population of 5 million — nearly a third endured physical, sexual, verbal or psychological abuse. Many more were exploited or neglected.

They were disproportionately Maori, New Zealand’s Indigenous people.

In response to the findings, New Zealand’s government agreed for the first time that historical treatment of some children in a notorious state-run hospital amounted to torture, and pledged an apology to all those abused in state, foster and religious care since 1950.

Luxon’s government was decried by some survivors and advocates earlier Tuesday ahead of the apology for not yet having divulged plans for the financial compensation of those abused.

This post appeared first on cnn.com

Keep Reading