In this week’s edition of The DecisionPoint Trading Room, Carl begins the trading room by explaining negative divergences between the SPY and equal-weight RSP. He also covers why DecisionPoint uses the SPY and not the SPX; the reason is dividends, which he explains in detail later in the show. Erin finds the top three sectors based on the StockCharts Technical Rank (SCTR) and does a deep dive into each, finding where the strength lies within industry groups. They then look at viewers’ symbol requests.
This video was originally recorded on May 15, 2023. Click this link to watch on YouTube. You can also watch this episode and other past episodes on the StockCharts on demand video service, StockChartsTV.com. Registration is free!
New episodes of The DecisionPoint Trading Room air on Mondays at 3pm ET on StockCharts TV. Past videos will be available to watch on demand. Sign up to attend the trading room live Mondays at 12pm ET by clicking here!