Stock

DP Trading Room: Behind the Scenes: CrowdStrike (CRWD)

Friday was a bad day for CrowdStrike Holdings (CRWD) as a bug was pushed out that disrupted Windows machines worldwide. The trouble for CRWD is the follow-up lawsuits etc that will likely plague the stock for some time to come. You’ll be shocked to see the warning signs all over the chart that portended some kind of correction for CRWD even before the pandemonium.

Another special discussion was Carl’s newfound Bond ETFs that follow Treasuries of all time periods. These ETFs pay dividends once a month and act as owning Treasures but with the flexibility of an ETF. Do a search on FMINVEST.com for more information. Below is the list of ETFs.

Carl goes over the DP Signal Tables which look especially bullish right now. Things are as good as they can get, now what? Carl proceeds with giving us a complete review of the market in general as well as his thoughts on Bitcoin, Bonds, Gold, Crude Oil and more.

A review of the Magnificent Seven rounded out Carl’s portion of the trading room. Erin takes the reins and discusses today’s rotation back into growth and Technology. Can it last? Which sectors are lined up the best going into this week?

Erin finishes up the trading room with symbol requests that answer the question of whether to buy or sell or hold those stocks.

01:03 DecisionPoint Signal Tables

03:47 Market Overview

13:06 Magnificent Seven Analysis

16:05 CrowdStrike Chart

18:56 Treasury ETFs & Questions

27:18 Sector Rotation

34:33 Symbol Requests

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Technical Analysis is a windsock, not a crystal ball. –Carl Swenlin


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Helpful DecisionPoint Links:

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On Balance Volume

Swenlin Trading Oscillators (STO-B and STO-V)

ITBM and ITVM

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Bear Market Rules