Carl Swenlin
Carl Swenlin is a self-taught technical analyst, who has been involved in market analysis since 1981. A pioneer in the creation of online technical resources, he is president and founder of DecisionPoint.com, a premier technical analysis website specializing in stock market indicators, charting, and focused research reports. Mr. Swenlin is a Member of the Market Technicians Association.
Articles by Carl Swenlin
The head and shoulders pattern is frequently how a price index puts in a top, and, while it may be a bit early to start talking about it, it is one possible scenario that we can anticipate.A few weeks ago we identified a rising wedge...
When a stock is above a moving average it is considered bullish, and the stock can be considered to be in a rising trend for that time frame. A good way to determine the market's condition (overbought/oversold) across a range of time...
A subscriber writes: Hello Carl. As a long-time subscriber (going back more than 10 years), I have a lot of respect for your historical P/E charts. However, when you recently wrote that stocks are high but not in a bubble, I'm...
As usual we are hearing many claims regarding market valuation, mostly that stocks are undervalued based upon future earnings projections. We are also seeing a lot of headlines about stocks being in a bubble. Using twelve-month trailing...
Senator Dean Heller: “A quick question about quantitative easing: Do you see it causing an equity bubble in today’s stock market?”Yellen: “I mean, stock prices have risen pretty robustly. But I think that if you look at traditional...
One of our proprietary indicators is the Percent Buy Index (PBI), which shows the percentage of stocks in the S&P 500 Index that are on intermediate-term buy signals.Currently the PBI has a strong reading of 85.6, which is more than...
The technology sector has been a leader of the market rally for almost a year, and this leadership has been manifested particularly in the Nasdaq 100 Index (NDX). However, the most recent push to new highs has been driven by a handful of...
A month ago the market seemed to be setting up for an intermediate-term correction.On the month-old chart below we can see a bearish rising wedge accompanied by negative divergences in price, breadth, and volume. Our comments at...
The Rydex Ratio has reached a level where it is telling us that sentiment is too bullish, and that stock prices are vulnerable.The Rydex Ratio gives a view of sentiment extremes using using the totals of assets in Rydex mutual funds. It is...
When looking at a chart that shows new 52-week highs and lows, have you ever wondered what is happening with all the other stocks in the index? Where are they in relation to their 52-week high-low range? DecisionPoint.com's "Rel-to-52"...
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