Pete has been monitoring and calling out the downfall of TLT for nearly 20 months. In this week’s edition of StockCharts TV‘s Halftime, Pete explains why the ETF broke below $90 and how the US 10-year is over 4.5% on the same day. He dives into the US Dollar, and of course Oil, and then reviews the Nasdaq 100 and S&P 500 and where they stand in their current trend. Last on the list is Coal and Uranium stocks, which look like they are breaking out. He ends on the warning signs of stocks breaking down, including another Homebuilder.
This video originally premiered on September 25, 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.