Today Erin looks at the Broadcom (AVGO) chart and compares it to the NVIDIA (NVDA) chart. She shows us the differences between the two and tells you whether she believes AVGO will be the new NVDA, meaning it will perform as NVDA used to perform with a concerted move up nearly everyday.
Carl analyzes the market and gives you all you need to know going into this trading week. He discusses his thoughts on where the market may be headed in January. Can the rally continue?
After the market overview, Carl covers the Magnificent Seven in the short term and the intermediate term by looking at both the daily and weekly charts for each.
The pair then answer questions posed by audience on OBV construction and a discussion of how we use the Bias Table for short-term analysis. Currently the table is flipping bearish.
Erin covers sector rotation and gives us two sectors to watch moving into this week. Two sectors are in decline but they have both reached very interesting levels of support that could precede an upside reversal.
Finally Erin covers viewers symbol requests.
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01:06 DP Signal Tables
04:22 Semiconductor Chart
06:39 Market Overview
17:27 Magnificent Seven
23:46 Questions
30:52 Broadcom v. NVIDIA
38:16 Sector Rotation
42:04 Symbol Requests
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