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In this week's edition of The DecisionPoint Trading Room, Carl opens the show with a review of a very high-yielding ETF he recently became aware of. The "Magnificent 7" stocks all show bearish biases; SPY is holding support, but indicators are still quite weak. Erin Swenlin presents a thorough review of the sectors, including a walkthrough of a Relative Rotation Graph. They finish the program with symbol requests from viewers.

This video was originally recorded on August 14, 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!

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By: Erin Swenlin
Title: DP Trading Room: Mega-caps are Showing Bearish Bias
Sourced From: stockcharts.com/articles/decisionpoint/2023/08/dp-trading-room-finding-pocket-444.html
Published Date: Mon, 14 Aug 2023 22:16:33 +0000

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