Connect with us

Hi, what are you looking for?

Fibonacci Stock News

DP Trading Room: How Bad Data From Major Indexes Leads to Bad Analysis

In this week’s edition of The DecisionPoint Trading Room, Carl discusses his recent epiphany regarding data derived from major indexes. Bad data will lead to bad analysis, so it’s important to understand this concept for analyzing major indexes. He and Erin discuss the implications of Magnificent 7 failures, as represented by relative strength of SPY to its equal-weight counterpart RSP. Erin then takes an in-depth view of the Energy Sector and covers viewers’ symbol requests.

This video was originally recorded on December 4, 2023. Click this link to watch on YouTube.

New episodes of The DecisionPoint Trading Room premiere on the StockCharts TV YouTube channel on Mondays. Past videos will be available to watch here. Sign up to attend the trading room live Mondays at 12pm ET by clicking here!

You May Also Like

Fibonacci Stock News

In the previous technical note, it was categorically mentioned that while the markets may attempt to inch higher, they may not form anything beyond...

Fibonacci Investing News

Chris Edwards Many American cities need more low‐​income housing, but governments reduce supply and raise construction costs with regulations, taxes, and bureaucracy. The Wall...

Fibonacci Tech News

Illustration by Alex Castro / The Verge The question of who gets to regulate crypto has some answers, as a judge has ruled the...

Fibonacci Tech News

Image: Brazil Climate Summit At the moment I arrived at the Brazil Climate Summit event, it felt like home to me. As I opened...