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Trading Charts with Tim Knight - July 10, 2024 - Homebuilder ETF ITB's Topping Pattern

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Manage episode 428227272 series 68544
Content provided by tastylive. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by tastylive or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Stocks hit lifetime highs as markets await the CPI report. Indices ES, NQ, and RQI up nearly 1%. Tim Knight highlights significant support at midline of multidecade channel and bullish momentum in tech giants like Apple, Meta, and NVIDIA. He also notes potential reversals in transportation stocks and strength in semiconductor and gold mining sectors. Shorting opportunities include Dollar General (DG) and Dollar Tree (DLTR). Homebuilder ETF ITB under scrutiny for topping pattern amid TLT bond watch.
  continue reading

887 episodes

Artwork
iconShare
 
Manage episode 428227272 series 68544
Content provided by tastylive. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by tastylive or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Stocks hit lifetime highs as markets await the CPI report. Indices ES, NQ, and RQI up nearly 1%. Tim Knight highlights significant support at midline of multidecade channel and bullish momentum in tech giants like Apple, Meta, and NVIDIA. He also notes potential reversals in transportation stocks and strength in semiconductor and gold mining sectors. Shorting opportunities include Dollar General (DG) and Dollar Tree (DLTR). Homebuilder ETF ITB under scrutiny for topping pattern amid TLT bond watch.
  continue reading

887 episodes

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