Will Earnings Cool This Rally? With Dale Pinkert
Real Vision: Finance & Investing
00:00
The Good, the Bad and the Ugly, AMD Advanced Micro Devices and Investco KBW Bank ETF
The good and even the good is starting to show signs of not confirming it new highs. Usually the leader making new highs, the market's been made made a new eye today without Nvidia. So I'm looking for a pretty big shake out and AMD is not making new highs. The banks still didn't look good to me, especially the regionals and even Apple making new highs today,. They're all putting in non confirmation highs, so be careful. Doesn't mean you have to go out in short, but it is a sign to take something off the table up here and book profits. If you're not aggressive, there's nothing wrong with bringing the register when momentum is not confirming price
Play episode from 22:09
Transcript
