In this week’s edition of StockCharts TV‘s Halftime, Pete reexamines the chart he posted before the Jackson Hole meeting; Chairman Powell validated his thinking that the Fed Policy will remain tight until the unemployment rate increases. He then gives a quick review of the SPX and the channel trend to the upside, plus a review of oil, the TLT and the US Dollar. Finally, he presents a sneak peek at a list of names that are changing trend to the upside.
This video originally premiered on August 29, 2023. 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 view all previously recorded episodes of Halftime by Chaikin Analytics with Pete Carmasino at this link.