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Trading Charts with Tim Knight - June 25, 2024 - Caution Advised on Lifetime Low Stocks
Manage episode 425616967 series 68544
Tim Knight highlights market shifts, noting a reversal with strong gains in the Nasdaq (NQ) and weakness in the Russell 2000 (RTY). He observes the lack of momentum in SPDR (SPY), IWM, and Dow's Diamonds (DIA). Bearish on transports, particularly UPS and United Airlines (UAL). Discusses NVIDIA’s midline support, emerging markets, and semiconductor trends. Mentions opportunities in dollar stores, homebuilders, and GameStop. Advises caution on certain lifetime low stocks like Eventbrite, Unity Software, and QuantumScape.
888 episod
Manage episode 425616967 series 68544
Tim Knight highlights market shifts, noting a reversal with strong gains in the Nasdaq (NQ) and weakness in the Russell 2000 (RTY). He observes the lack of momentum in SPDR (SPY), IWM, and Dow's Diamonds (DIA). Bearish on transports, particularly UPS and United Airlines (UAL). Discusses NVIDIA’s midline support, emerging markets, and semiconductor trends. Mentions opportunities in dollar stores, homebuilders, and GameStop. Advises caution on certain lifetime low stocks like Eventbrite, Unity Software, and QuantumScape.
888 episod
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