• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Stock The Halftime Show: Inflation Back in the Driver’s Seat
Stock

The Halftime Show: Inflation Back in the Driver’s Seat

by February 14, 2024
by February 14, 2024 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

Yesterday, the market saw a massive selloff of over 2% at market lows for the SPY and the NDX. However, the rebound at the end of the day was promising, though not enough to change sentiment. What this means is that the selloff came from the hot CPI print, so inflation ain’t going away. On this week’s edition of StockCharts TV‘s Halftime, Pete discusses the overbought nature of the markets using the bullish percent index.

One key sector that Pete is concerned about is the regional banking sector. He reviews the $KRE ETF and its relationship to the banking index. If things continue to unfold like we saw in the $NYCB news a week ago, Pete is calling for rough sledding in this sector. His overview of the market is that the uptrend is intact, but that doesn’t mean we can’t see a lower pullback, which Pete calls a buying opportunity.

This video originally premiered on February 14, 2024. You can watch on our dedicated Halftime by Chaikin Analytics page on StockCharts TV.

You can view all previously recorded episodes of Halftime by Chaikin Analytics with Pete Carmasino at this link.

You Might Also Like
  • Week Ahead: NIFTY Shows Early Signs Of A Likely Disruption Of Uptrend; Tread Cautiously
  • An Incredible Stock Market Rally Closes the Week on a Strong Note: The Best Week This Year, So Far
  • Risk-Neutral Market Gauges Ahead of Sunday Deadline
  • Will Trump’s Foreign Film Tariffs Crush Streaming Stocks? What You Need To Know Now
Share
0
FacebookTwitterPinterestWhatsapp

previous post
EASY SCAN! Find Growth Names in Small-Caps
next post
NATO chief says Trump criticism ‘does undermine the security of all of us’

You may also like

In Bullish Trends, Seek Value and Momentum; Three Sectors to...

November 13, 2023

What’s Next for QQQ: Super Bullish to Super Bearish

July 1, 2023

DP Trading Room: PMO Surge in Technology

June 12, 2023

DP Trading Room: How To Time Your Trade Entries &...

November 28, 2023

Santa May Be Warming Up His Sled; What’s Next? Watch...

November 6, 2023

History Tells Us We’re Going A LOT Higher

February 5, 2023

Two Key Groups Take a Turn for the Worse

September 19, 2023

The Case for a Tactical Stock Selloff

January 17, 2024

Precious Metals and Miners Ready to Rally

May 30, 2023

Seasonal Sector Investing in the Fall: Top Sectors to Watch...

July 16, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • OpenAI to release web browser in challenge to Google Chrome

      July 10, 2025
    • Sports executive charged with bid-rigging in Texas arena project

      July 10, 2025
    • How I Triple My Returns With 3x Leveraged ETFs!

      July 10, 2025
    • Want Faster, Lower Risk Trades? Use This Setup

      July 9, 2025
    • The Seasonality Trend Driving XLK and XLI to New Highs

      July 9, 2025

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 3,630 views
    • 2

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,919 views
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,607 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,576 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,449 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,169)
    • Investing (538)
    • Stock (2,661)

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • OpenAI to release web browser in challenge to Google Chrome

      July 10, 2025
    • Sports executive charged with bid-rigging in Texas arena project

      July 10, 2025
    • How I Triple My Returns With 3x Leveraged ETFs!

      July 10, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,169)
    • Investing (538)
    • Stock (2,661)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    NVDA SCREAMS BULL With Earnings Breakout

    February 22, 2024

    5 New Year’s Resolutions to Transform...

    December 27, 2024

    Sector Spotlight: Stocks vs. Bonds —...

    February 7, 2024
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here