Blumer Tech
  • Tech News
  • Business
  • Stock
  • Politics
Stock

Market Rally Broadens – New All-Time Highs?

by November 26, 2024
November 26, 2024

Today Carl looks at the small-caps and mid-caps that have now begun to outperform the market. Clearly the rally is broadening, the question now is can we continue to make new all-time highs. It does seem very likely especially given the positive outlook on the Secretary of Treasury nomination.

Carl reviews the signal tables and discusses which sectors/groups are getting ready to see signal changes. He also looks at the equilibrium of the Bias Table that suggests half of the sectors/groups/indexes have bearish biases despite the market reaching new all-time highs.

Carl also takes us through the Magnificent Seven charts where we see some of the stocks setting up bearishly, but many are still showing bullish biases.

Erin covers sector rotation with a review of all of the sectors in Candleglance to see which are lining up for breakouts and which are showing signs of distress.

The pair finish with a look at viewer symbol requests including Home Builders, TSEM and SMCI.

Join us live in the Monday trading room at Noon ET! Sign up at this link: https://us06web.zoom.us/webinar/register/WN_D6iAp-C1S6SebVpQIYcC6g

Try out any of our subscriptions for two weeks FREE using coupon code: DPTRIAL2 at checkout!

01:10 DP Signal Tables

03:20 Market Rally Broadens

04:06 Market Overview

10:32 Magnificent Seven

18:58 Questions (Energy and the Dollar among others)

24:04 Sector Rotation Discussion

32:30 Symbols Requests

Introducing the new Scan Alert System!

Delivered to your email box at the end of the market day. You’ll get the results of our proprietary scans that Erin uses to pick her “Diamonds in the Rough” for the DecisionPoint Diamonds Report. Get all of the results and see which ones you like best! Only $29/month! Or, use our free trial to try it out for two weeks using coupon code: DPTRIAL2. Click HERE to subscribe NOW!

Learn more about DecisionPoint.com:

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 Subscribe HERE!

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

previous post
Zoom 2.0 relaunches as an AI-first company without video in its name
next post
The Finances Look Good For Equity Trend

You may also like

Chart Mania – 23 ATR Move in QQQ...

July 26, 2025

S&P 500 Breaking Out Again: What This Means...

July 25, 2025

Momentum Leaders Are Rotating — Here’s How to...

July 25, 2025

Is META Breaking Out or Breaking Down?

July 24, 2025

A Wild Ride For the History Books: 2025...

July 24, 2025

Tech Taps the Brakes, Homebuilders Hit the Gas:...

July 23, 2025

The Best Five Sectors, #28

July 20, 2025

Week Ahead: NIFTY Violates Short-Term Supports; Stays Tentative...

July 20, 2025

The Real Drivers of This Market: AI, Semis...

July 19, 2025

July Strength, Late-Summer Caution: 3 Charts to Watch

July 19, 2025

    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.

    Tech News

    • Bed Bath & Beyond relaunches with first store in Nashville, plans dozens more

      August 9, 2025
    • Lawsuit accuses Apple of stealing trade secrets to create Apple Pay

      August 9, 2025
    • Trump demands resignation of Intel CEO over alleged China ties

      August 7, 2025
    • Claire’s, known for piercing millions of teens’ ears, files for Chapter 11

      August 7, 2025
    • Tim Cook to join Trump at White House for Apple investment announcement

      August 7, 2025
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 blumertech.com | All Rights Reserved

    Blumer Tech
    • Tech News
    • Business
    • Stock
    • Politics