In the show today, Pete takes a look at how combining the Chaikin Power Gauge plugin with StockChartsACP can alert you to setups in stocks for today's market - on the fly! By combining the SCTR leaders list with Chaikin Analytics ratings, you can generate trading ideas by identifying charts that are setting up for a move.
No question about it, energy is a hot part of the market right now. Pete breaks down the top names in the energy sector (XLE) that Chaikin has rated as bullish. He takes a look at the technicals and fundamentals behind these stocks, and the Power Gauge rating behind them.
Pete takes a look at some tech names today, diving into NYSE FANG+ Index. This index contains 10 mega-cap names along with a few top foreign tech names. After reviewing the index chart, Pete digs down into the component names.
Pete takes a look at some meme stocks of 2021 by analyzing the rise and fall on their charts, and highlights when the power gauge could have helped identify the turning points. There is one name that still looks like a good company, but the stock just got out of control.
