In this week’s edition of StockCharts TV‘s Halftime, Pete goes over the usual suspects in the markets. He presents a review of both the SPX and the NDX indexes, followed by a review of the US Dollar and a quick look at bonds using the TLT ETF. On the Chaikin system, he looks at the two oil ETFs, OIH and IEO, and some names inside of those funds that are all changing trend to the upside. Also on Pete’s radar are restaurant stocks that are in a relative strength breakdown, including some big names like MCD, SHAK, BJRI, EAT, and JACK. Lastly, he reviews some random names that popped up on his breakdown screen today, including DOOR, RACE and others.
You can view all previously recorded episodes of Halftime by Chaikin Analytics with Pete Carmasino at this link.