Connect with us

Hi, what are you looking for?

Brilliant AchievementBrilliant Achievement

Editor's Pick

DP Trading Room: Use a Price Momentum Oscillator (PMO) Sort to Find Winners!

Today Carl and Erin open the show with an example of how you can find stock and ETF relative strength using a Price Momentum Oscillator (PMO) sort. Many may not know but PMO readings can be compared to one another to determine relative strength.

Carl gives us a review of the Magnificent 7 and looks at the market in general covering everything from yields to the indexes. Erin takes us on trip through the sectors and finds new strength in Comm Services with weakness still visible in Technology.

They finish the show with your symbol requests.

00:48 PMO Sorting

03:47 Magnificent 7 Review

07:42 Market Analysis

22:50 Questions Answered

27:30 Sector Overview

36:43 Symbol Requests


Watch the latest episode of the DecisionPointTrading Room on DP’s YouTube channel here!


Try us out for two weeks with a trial subscription!

Use coupon code: DPTRIAL2 at checkout!


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


(c) Copyright 2024 DecisionPoint.com


Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.


Helpful DecisionPoint Links:

Trend Models

Price Momentum Oscillator (PMO)

On Balance Volume

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

ITBM and ITVM

SCTR Ranking

Bear Market Rules


Join The Exclusive Subscription Today And Get Premium Articles For Free
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

You May Also Like

Tech News

The Dbrand Ghost Case for the iPhone 15 Pro. | Image: Dbrand Dbrand is scrapping plans to fix its anti-yellowing Ghost Case, but not...

Tech News

We put the Roborock S8 MaxV Ultra head-to-head against the DreameBot X30 Ultra to find out which of these Roomba competitors’ flagship robot vacuums...

Tech News

The Kindle Scribe comes with a stylus to take notes and is nearly $100 off. | Image: Amelia Holowaty Krales / The Verge When...

Editor's Pick

In this edition of StockCharts TV‘s The Final Bar, Dave recaps another strong day for stocks as the S&P 500 regains its 50-day moving average. He...