DP Trading Room: NVDA Lifts Semiconductors Higher

DP Trading Room: NVDA Lifts Semiconductors Higher

It’s time to put Semiconductors in the spotlight. NVDA is starting to trade at all-time highs again and that is likely to bring the Semiconductor industry group up to its own all-time highs. Erin discusses Semiconductors “under the hood” and highlights the NVDA chart.

Carl brings his unique analysis of the market and key areas of the market like Bitcoin and Gold. The Dollar is also in the spotlight with its move ever higher.

A look at the Magnificent Seven rounds out Carl’s presentation.

Erin covers Sector Rotation in detail. Which sectors are poised to go higher and which sectors are already cooking. She highlights one sector that you shouldn’t count out right now.

The pair finish with a look at viewer symbol requests and answer questions on yields.

01:01 DP Signal Tables

04:25 Market Analysis and Overview

14:32 Magnificent Seven

20:00 Sector Rotation

26:48 Semiconductors & NVIDIA (NVDA)

31:20 Questions

36:23 Symbol Requests

Always find the latest DecisionPoint videos on our playlist HERE. Bookmark it!


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