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

S&P 500 Now in Weakest Seasonal Period…Or Is...

May 20, 2025

The Bull Case for Buffett’s Biggest Holding

May 4, 2024

Stock Market Dips Below 200-Day Moving Average: Are...

March 12, 2025

Bearish ADX Signal on S&P Plays Out –...

March 14, 2025

S&P 500 Breaking Out Again: What This Means...

August 21, 2025

Renewed UPTREND for Semis — SMH and SOXX...

December 12, 2023

The Real Drivers of This Market: AI, Semis...

July 22, 2025

Cutting-Edge Seasonality Insights & Bitcoin 2024 Halving Impact

November 17, 2023

DP Trading Room: Deflation…a Possibility?

July 2, 2024

S&P 500 Downside Target 4800?!

May 24, 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

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    • Québec Communities Vote “No” to La Loutre Graphite Mine

    • Top 5 Canadian Mining Stocks This Week: Carlton Precious Gains 78 Percent

    • Lode Gold Closes $1.51 Million Upsized Private Placement

    • Editor’s Picks: Gold Sets New Price Record, Silver Hits 14 Year High

    • Mortgage rates see biggest one-day drop in over a year

    Categories

    • Business (1,370)
    • Investing (2,870)
    • Politics (3,699)
    • Stocks (1,781)
    • 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