Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Stocks

The Halftime Show: Don’t Believe Everything the Analysts Say, It’s Dangerous!

by November 10, 2023
November 10, 2023
The Halftime Show: Don’t Believe Everything the Analysts Say, It’s Dangerous!

After TLT hit Pete’s downside target, it had a violent move higher. On this week’s edition of StockCharts TV‘s Halftime, Pete illustrates that the recent rally might be weakening.

A look at WTIC crude shows a pullback right on the level Pete uses as a pivot point, and the $75 mark is a brick wall on the downside. If it breaks, WTIC most likely trades into the “White House Buy Zone” Pete called out over a year ago. The review of recent analysts calls has him wondering what the big firms are seeing in FSLR, RIVN, DIS, and CSIQ.

To close out the show, Pete reviews the number of relative strength buys versus the number of RS Sells. It is no contest; the sell outweighs the buys by 14 times. That is 14 times more names on the sell side than the buy side, and that shows the market is weak technically.

This video originally premiered on November 9, 2023. You can 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.

0
FacebookTwitterGoogle +Pinterest
previous post
This Relative Strength Signal Can Provide Early Warning Signs
next post
Top Ten Hidden Features of StockCharts, Features 6-10

Related Posts

Is the Bull Market Back? Watch These Charts

June 12, 2023

DP Trading Room: Upside Initiation Climax?

March 18, 2025

Tesla Tests Key Support: Is This a Trade?...

February 3, 2024

SharpCharts vs. ACP – Comparing & Contrasting Your...

September 27, 2023

MEM TV: An Exciting New Area Joins the...

June 17, 2023

The Final Episode: Jesse Livermore Insights and Holding...

November 29, 2023

QQQ Breaking Out Again; Watch This Key Component...

November 10, 2023

You MUST Be Aware of This Seasonality Change

September 2, 2023

Market Drop Compared to 2020: What You Need...

April 6, 2025

Breadth Thrust Can Validate a New Bull Phase...

June 15, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


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

    Latest

    • Run Your Stock Portfolio Like a Pro Sports Team

    • Leadership Rotation Could Confirm Corrective Phase

    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

    • 1911 Gold Temporarily Suspends Operations at True North Complex due to Bissett Evacuation Order

    • Ontario Backs Down on Key Bill 5 Provisions, Echoes BC’s Mining Debate

    • Appeals Court Grants Trump Temporary Reprieve on Tariffs, “TACO” Taunts Gain Steam

    Categories

    • Business (1,223)
    • Investing (2,503)
    • Politics (3,699)
    • Stocks (1,614)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.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 © 2025 moneycontrolplace.com | All Rights Reserved