The Halftime Show: Homebuilder and Building Product Stocks in Downtrend
In this week’s edition of StockCharts TV‘s Halftime, Pete reviews the NVDA chart, which closed its nearest gap today. He then looks at the S&P 500 and the Nasdaq 100 charts, as well as home builder DR Horton and building products company Masco — both are breaking down on trend. In addition, he reviews the defensive sectors of the markets: Healthcare XLV, Consumer Staples XLP and Utilities XLU.
You can view all previously recorded episodes of Halftime by Chaikin Analytics with Pete Carmasino at this link.