In this Chaikin Power user video we talk briefly about the most recent CPI release and loo ahead to the FOMC meeting later this week. We also examine the 10-year Treasury yield and discuss our individual opinions for the likelihood of a sustained breakout or possible double-top. lastly, after examining the major indices using Chaikin Analytics we run a few examples of screeners including AA's bearish set-up. Bonus: We examine a potential bearish trade set-up, as one of the biggest retailers looks weak according to key Chaikin metrics.
Here's this week's video
n a normal market crash, there are typically opportunities to ride bullish elevators counter-trend. But this is proving to be no garden variety market crash! We did find one great reversal candidate in Biotech, a "Chaikin" personality change stock with all checklist components flashing green.
Macro Continues to Lead Equity ETFs
TLT Rotating into favor. Will the bond HEMORRHAGING