DP Trading Room: Six-Month Period of Favorable Seasonality Begins Now!
November 5, 2024
It’s here! The SPY starts a period of favorable seasonality for the next six months. Carl takes us through his charts and explains favorable versus unfavorable periods of seasonality.
Carl covers our signal tables showing new weakness seeping in despite this period of favorable seasonality. The market looks toppy right now.
Today’s market overview covers the weakness that has been developing throughout the market. He also covers Gold, the Dollar, Yields, Bonds, Bitcoin, Gold Miners and Crude Oil among others!
Carl also walks us through the Magnificent Seven in both the short and intermediate terms. Which ones are holding up and which are showing signs of weakness?
Erin drops in on sector rotation discussing the breakdown of nearly all sectors. No sectors hold rising PMOs as of airing of the trading room.
The pair finish the program by looking at viewer symbol requests with an eye toward relative strength and momentum.
01:26 Seasonality Discussion
02:52 Bias Chart and DP Signal Tables
06:41 Market Overview
12:56 Magnificent Seven
19:54 Questions
23:44 Sector Rotation
29:45 Symbol Requests
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