• Wed. Feb 28th, 2024
Be Selective and Protect Yourself! | Chaikin Analytics

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Coming to the end of the year on this week’s edition of StockCharts TV‘s Halftime (presented by Chaikin Analytics), Pete’s focus is primarily on the market and the mechanics of the market in general. Another sell off is in progress today, as the indices and stocks that had big moves higher are now acting like a bear market rally. Specifically, the direction in the NASDAQ is negative, and Pete digs into that using a ratio chart of NDX over the SPY.

This video was originally broadcast on December 19, 2022. Click on the above image to watch on our dedicated Halftime by Chaikin Analytics page on StockCharts TV, or click this link to watch on YouTube. You can also watch on our on-demand website, StockChartsTV.com, using this link.

New episodes of Halftime by Chaikin Analytics air Mondays at 1:15pm ET on StockCharts TV. You can view all previously recorded episodes at this link.

Pete Carmasino

About the author:
Pete Carmasino is the Chief Market Strategist at Chaikin Analytics.
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Image and article originally from stockcharts.com. Read the original article here.