DP Trading Room: Spotlight on Mega-Cap Earnings
This week we have four Magnificent Seven stocks reporting earnings. We also take a look at McDonalds (MCD) and Ford (F) going into earnings. How are the chart technicals setup on the precipice of earnings? Carl and Erin give you there thoughts.
Carl reviews the DP Signal Tables to see how the indexes, sectors and select industry groups are performing. He gives us his unique take on the market in general and covers Bitcoin's rise and the weak picture for Gold. He also covers Crude Oil, the Dollar, Yields and Bonds as well as Gold Miners and Silver.
Erin gives us a complete sector review, diving into the growth sectors that are leading after difficult declines. She finds new momentum and looks under the hood of many of the sectors including Energy which had been seeing expansion, but is still struggling to make a concerted move higher.
Erin finishes off the trading room with looks at viewer symbol requests on daily and weekly charts.
01:26 DP Signal Tables
03:44 Market Analysis and Overview of major asset classes
01:53 Magnificent Seven and Earnings Preview
23:47 Sector Rotation
36:25 Viewer Symbol Requests
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Technical Analysis is a windsock, not a crystal ball. --Carl Swenlin(c) Copyright 2024 DecisionPoint.com
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