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Trading Charts with Tim Knight - June 18, 2024 - Bearish Bets on AMD and United Airlines

Trading Charts with Tim Knight - June 18, 2024 - Bearish Bets on AMD and United Airlines

FromThe tastylive network


Trading Charts with Tim Knight - June 18, 2024 - Bearish Bets on AMD and United Airlines

FromThe tastylive network

ratings:
Length:
15 minutes
Released:
Jun 18, 2024
Format:
Podcast episode

Description

A volatile week in markets with lifetime highs powered by NVIDIA and tech stocks, contrasted by bearish setups in Dow Transports. UPS forming a long-term top looks vulnerable. Arm Holdings and Micron show strong uptrends, while cryptos stagnate. Key bearish positions include AMD, United Airlines, and XLU, supported by technical patterns and weakened sectors. Bullish exceptions feature stocks like Costco and Chipotle with soaring valuations, despite general cautious sentiment.
Released:
Jun 18, 2024
Format:
Podcast episode

Titles in the series (100)

The tastylive network teaches investors innovative, simple ways to trade stocks, options, and futures, take advantage of market volatility and build a successful portfolio. Tom Sosnoff leads an irreverent and playful band of floor traders who are showing America a new way to quickly find low risk, high return strategies in bullish, bearish and sideways markets.