As the name suggests, Dual Momentum Rotation Strategies focus on stocks that are in absolute and relative uptrends. This is a two-step process. First, filter out stocks that are in long-term downtrends and only focus on stocks in uptrend. Second, rank the stocks by a performance indicator and focus on…
On today’s DecisionPoint Trading Room episode Carl and Erin discuss Friday’s “Upside Initiation Climax” and whether it can be trusted. With market follow through tepid, they discuss the implications of this very bullish signal. Carl reveals his sentiment of the overall market and covers Bitcoin, Gold, Interest Rates, Crude Oil…
Good morning and welcome to this week’s Flight Path. We saw continued weakness this week in U.S. equities although there was a big rebound on Friday’s bar. Treasury bond prices entered a period of uncertainty as we see GoNoGo Trend paint successive amber “Go Fish” bars. The U.S. commodities index flipped…
It is well known that stock market indexes are fractal. Demonstrating repeatable price structures in all timeframes. In the intraday timeframe these price structures repeat frequently. The Wyckoff characteristics of Accumulation, Markup, Distribution and Markdown are constantly at work in smaller periods of time. Wyckoff students will study such structures…
Opening arguments are expected to begin in United States v. Hunter Biden on Tuesday morning. The trial for the first son began in Wilmington in the U.S. District Court for Delaware on Monday. Jury selection lasted for a few hours, and a final jury of 12 jurors plus four alternates…
Claudia Sheinbaum is projected to win Mexico’s presidential election and become the nation’s first female president in history. ‘I will become the first woman president of Mexico,’ Sheinbaum said at a downtown Mexico City hotel shortly after electoral authorities announced a statistical sample showed she held an irreversible lead, according…
House Minority Leader Hakeem Jeffries, D-N.Y., on Sunday defended President Biden’s past comment that his son, Hunter Biden, ‘did nothing wrong.’ Jeffries’ remarks came a day before the scheduled beginning of jury selection in the federal gun case against Hunter – and just days after former President Trump, President Biden’s…
A Manhattan jury rendered its verdict on Donald Trump last week. The flimsy prosecution by District Attorney Alvin Bragg may have succeeded in harming Trump’s legal and political fortunes, especially in a close race. But it will come at the cost of unpredictable damage to our constitutional order. Once again,…
The Indian Ocean tourist destination Maldives is now banning Israelis from entering its territory in an apparent retaliatory move over the war in Gaza. The government of the predominantly Muslim island nation announced that President Mohammed Muizzu enacted the ban this week following a recommendation from his cabinet. ‘The Cabinet…
Prominent pro-life organization Susan B. Anthony (SBA) Pro-Life America is urging Republican candidates not to stick their heads in the sand ahead of the 2024 elections, but rather paint Democrats as unpopular on abortion. Since the Supreme Court’s Dobbs decision overturned nearly 50 years of precedent that effectively legalized abortion,…