Pete covers what he's seeing in the markets today, starting from a macro view. Markets are in a down trend, and the path of least resistance is lower. Though there are some areas of the market that are worth looking at, but there is a fight between short term interest rates and taking a risk in the market. Pete weighs in on both.
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On this Monday afternoon show, Pete covers the action and highlights the anticipation of the CPI. Inflation has come down a bit mostly due to lower gas rates, but the housing market is coming in lower and mortgage applications are diving due to higher rates. This is one step forward, two steps ba...
After a market recap and news highlights, Pete takes a look at some names that are breaking down. It's been a rough couple of trading days, with markets still under pressure from Friday's big down day, Pete points out the different technical levels he has previously highlighted that are now playi...
Before diving into the markets for the day, Pete discusses risk-on vs risk-off, strategic vs. tactical thinking, and how he sees things playing out in the markets. In his overview and market notes, Pete highlights the market's tendency to fool short-term investors, and a possible disconnect betwe...
