MarketWatchers LIVE

11/26 MWL Recap: Monday Setups - Earnings Spotlight - DecisionPoint Report

Erin Swenlin

Erin Swenlin

Co-Founder, DecisionPoint.com

Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Listen and watch a show devoted to technical analysis of the stock market with live market updates and symbols that are hot. The show runs throughout the day on StockCharts TV and you can also find the latest episode on the YouTube StockCharts channel here.

Information abounds in our Monday-through-Friday 12:00p - 1:30p shows, but the MWL Blog will give you summary slides and time stamps for viewing later. Be sure to check out the MarketWatchers LIVE ChartList for the 10 in 10 charts. 

Your comments, questions and suggestions are welcome. Our Twitter handle is @MktWatchersLIVE, our email is marketwatchers@stockcharts.com and you can also "like" our MarketWatchers LIVE Facebook page. Don't forget to sign up for notifications at the end of this blog entry by filling in your email address. 


What Happened Today?

Technical News:

No Economic or Earnings Reports today.

Monday Setups (0:21:07):

Erin's Scan for Today:


// Narrows down the universe to US stocks with decent volume and a close above $10

[type = stock] AND [Daily SMA(20,Daily Volume) > 500000]
AND [country is US]
AND [Close > 10]

// This identifies a PMO that hasn't yet had a positive crossover its signal line

AND[today's PMO Line(35,20,10)<today's PMO Signal(35,20,10)]
AND [today's PMO Line(35,20,10) > yesterday's PMO Line(35,20,10)]
AND [yesterday's PMO Line(35,20,10) > 2 days ago PMO Line(35,20,10)] 
//AND [2 days ago PMO Line(35,20,10) > 3 days ago PMO Line(35,20,10)]

// Stock is in a "bull" market - 50-EMA higher than 200-EMA

AND [today's ema(50,close) > today's ema(200,close)]

// Stock just had a 5-EMA positive crossover 20-EMA - Short-Term bullish

//AND [today's ema(5,close) X today's ema(20,close)]


Earnings Spotlight (0:36:33)

 

Ten in Ten Before One (0:49:55): 

In this regular segment, Tom attempts to review ten charts in ten minutes. Send in your symbol requests via Twitter (@mktwatcherslive) before the show or using the live chat box during the LIVE program (we'll try and add them). We'll also check our email for symbol requests before the show (marketwatchers@stockcharts.com). You'll find all of the charts in the MarketWatchers LIVE ChartList, located at the top of the MarketWatchers blog homepage.

 

The DecisionPoint Report (1:10:08): 

 

Looking Forward:

Tune in on Tuesday at 12:00p - 1:30p EST for Tom's "Trading Gaps" Workshop and the popular 10n10!


Helpful MarketWatchers LIVE Links:

Facebook - MarketWatchers LIVE Page

YouTube Channel for StockCharts

Erin's PMO Scan

Tom's Price Relative Chart (Save this ChartStyle to apply it to your charts anytime!)

Tom's Trading Places Blog

DecisionPoint Blog

MACD

PMO -Price Momentum Oscillator

RSI - Relative Strength Index

OBV - On Balance Volume

Stochastic

Tom's 10-Year Treasury Yield v. German 10-Year Treasury Yield Chart

Tom's Consumer Discretionary Sector Relative to Consumer Staples Sector

 

 

Erin Swenlin
About the author: is a co-founder of the DecisionPoint.com website along with her father, Carl Swenlin. She launched the DecisionPoint daily blog in 2009 alongside Carl and now serves as a consulting technical analyst and blog contributor at StockCharts.com. Erin is an active Member of the CMT Association. She holds a Master's degree in Information Resource Management from the Air Force Institute of Technology as well as a Bachelor's degree in Mathematics from the University of Southern California. Learn More