Connect with us

Hi, what are you looking for?

Notes On Wealth CreationNotes On Wealth Creation

Stock News

DP Trading Room: NVDA Going Into Earnings – Hold or Sell?

It is a big week for earnings and NVIDIA (NVDA) is at the top of the list! Erin gives you her view on whether to hold into earnings based on the technicals of the chart. She also reviewed other stocks reporting on Wednesday: CRM, CRWD, HPQ and OKTA.

Carl talks about the relationship between Gold and Gold Miners as he reviews his prior article from last week: “Gold Miners’ Performance vs. Gold — Does It Say Sell Gold?” (Link: https://www.decisionpoint.com/articles/decisionpoint/2024/08/gold-miners-performance-versus-266.html“)

Carl also gives us insight on the relationship between the SPY and equal-weight RSP. He discusses how they have performed over time and what to look for.

As always Carl gives us his insight into the market trend and condition as well as a targeted look at Bitcoin, the Dollar, Crude Oil, Yields and Bonds. He also discusses his thoughts on Gold moving forward.

Erin covers the earnings charts and then gets right into sector rotation. One sector is clearly topping and you need to know which it is!

Erin finishes the program with a look at the daily and weekly charts for symbol requests.

01:25 DecisionPoint Signal Tables

04:04 Market Analysis and Overview

09:30 Magnificent Seven

16:42 Gold v. Gold Miners

25:05 Earnings with spotlight on NVDA

31:05 Sector Rotation

33:42 Symbol Requests

Click HERE to bookmark our trading video listing to always find the latest trading room video.

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!

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

You May Also Like

Investing News

Falco Resources Ltd. (TSX-V: FPC) (‘ Falco ‘ or the ‘ Corporation ‘) is delighted with citizen participation in the immersive public workshop which...

Stock News

We had a sneak preview of emerging leadership on the morning of July 12th. That was the morning the June Core CPI came in...

Investing News

Trading resumes in: Company: Rua Gold Inc. CSE Symbol:RUA All Issues: Yes Resumption (ET): 8:00 AM CIRO can make a decision to impose a...

Investing News

Ramp Metals Inc. (TSXV: RAMP) (‘Ramp Metals’ or the ‘Company’) is pleased to announce a non-brokered private placement financing of up to approximately $4,500,000...