{"id":1057,"date":"2024-02-15T00:08:38","date_gmt":"2024-02-15T00:08:38","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2024\/02\/15\/the-halftime-show-inflation-back-in-the-drivers-seat-2\/"},"modified":"2024-02-15T00:08:38","modified_gmt":"2024-02-15T00:08:38","slug":"the-halftime-show-inflation-back-in-the-drivers-seat-2","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2024\/02\/15\/the-halftime-show-inflation-back-in-the-drivers-seat-2\/","title":{"rendered":"The Halftime Show: Inflation Back in the Driver\u2019s Seat"},"content":{"rendered":"<div>\n<p><span>Yesterday, the market saw a massive selloff of over 2% at market lows for the SPY and the NDX. However, the rebound at the end of the day was promising, though not enough to change sentiment. What this means is that the selloff came from the hot CPI print, so inflation ain\u2019t going away. On this week\u2019s edition of\u00a0<\/span><a href=\"https:\/\/stockcharts.com\/tv\" target=\"_blank\" rel=\"noopener\"><strong>StockCharts TV<\/strong><\/a><span>\u2018s\u00a0<\/span><em>Halftime<\/em><span>, Pete discusses the overbought nature of the markets using the bullish percent index.<\/span><\/p>\n<p><span>One key sector that Pete is concerned about is the regional banking sector. He reviews the $KRE ETF and its relationship to the banking index. If things continue to unfold like we saw in the $NYCB news a week ago, Pete is calling for rough sledding in this sector. His overview of the market is that the uptrend is intact, but that doesn\u2019t mean we can\u2019t see a lower pullback, which Pete calls a buying opportunity.<\/span><\/p>\n<p>This video originally premiered on February 14, 2024. You can watch on\u00a0<a href=\"https:\/\/stockcharts.com\/tv\/episodes\/halftime.html\" target=\"_blank\" rel=\"noopener\"><strong>our dedicated\u00a0<em>Halftime by Chaikin Analytics\u00a0<\/em>page<\/strong><\/a><span>\u00a0on StockCharts TV.<\/span><\/p>\n<div class=\"embed-responsive embed-responsive-16by9\"><\/div>\n<p>You can view all previously recorded episodes of <em>Halftime by Chaikin Analytics with Pete Carmasino<\/em>\u00a0<a href=\"https:\/\/www.youtube.com\/playlist?list=PLyNJu-3PikrQiMMraLdJIWNoY4ooJqGUu\" target=\"_blank\" rel=\"noopener\"><strong>at this link<\/strong><\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday, the market saw a massive selloff of over 2% at market lows for the SPY and the NDX. However, the rebound at the end of the day was promising, though not enough to change sentiment. What this means is that the selloff came from the hot CPI print, so inflation ain\u2019t going away. On [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":1056,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1057","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/1057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=1057"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/1057\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/1056"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=1057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=1057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=1057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}