Today Carl looks at the 26 indexes, sectors and groups in a CandleGlance to see how the indexes stack up. It is clear that all of the indexes are as good as they can get. Carl warns that when things are as good as they can get, the only place left to go is down. Overbought conditions can persist, but it is certainly an attention flag.
Today Carl took us into the Semiconductor (SMH) industry group to discover how the group is weighted.
Carl also gives us his overview of the market in general and then covers the Magnificent Seven in the short and intermediate terms. Which ones are set up bullishly and which two are struggling?
Erin takes over and talks about sector rotation by going through the sector CandleGlance to see where aggressive and defensive sectors stand currently. There are clear winners and losers.
The pair finish the trading room by going through viewers symbol requests that includes looks at Palantir (PLTR) and Super Micro (SMCI).
01:22 DP Market Scoreboards
02:46 Semiconductor (SMH) Weighting
04:57 Market Overview including Dollar, Gold and Crude Oil among others
13:47 Magnificent Seven
17:31 Market As Good As It Gets
22:47 Sector Rotation
31:02 Symbol Requests
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