56 min listen
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
ratings:
Length:
14 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
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