DP Trading Room: How Bad Data From Major Indexes Leads to Bad Analysis
In this week’s edition of The DecisionPoint Trading Room, Carl discusses his recent epiphany regarding data derived from major indexes. Bad data will lead to bad analysis, so it’s important to understand this concept for analyzing major indexes. He and Erin discuss the implications of Magnificent 7 failures, as represented by relative strength of SPY to its equal-weight counterpart RSP. Erin then takes an in-depth view of the Energy Sector and covers viewers’ symbol requests.
This video was originally recorded on December 4, 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!