Connect with us

Hi, what are you looking for?

BigStatesNews.comBigStatesNews.com

Stock

The Halftime Show: Don’t Box the Invisible Man — EPS Reports

On this week’s edition of StockCharts TV‘s Halftime, Pete takes a look at long-term trends. Semiconductors taking it on the chin. Inflation is still a problem. Bonds are selling off, and the Fed isn’t cutting rates until, in Pete’s opinion, the unemployment rate falls.

Pete then comments on names like PANW and NVDA. The former sold off big time with lower guidance, while the latter is set to deliver an important EPS report tonight after the close. Like Pete’s said on many occasions, you can’t win if you get into the ring with the invisible man. And EPS reports can blindside you, like it did on PANW.

This video originally premiered on February 21, 2024. You can watch on our dedicated Halftime by Chaikin Analytics page on StockCharts TV.

You can view all previously recorded episodes of Halftime by Chaikin Analytics with Pete Carmasino at this link.

You May Also Like

World News

LOS ANGELES — On Tuesday, just minutes after the Supreme Court reversed the conviction of a man who’d made relentless online threats to a...

Business

Mortgage rates turned higher again last week. But the increase did not cut into mortgage demand, as buyers sought newly built homes. Total mortgage...

World News

With his foot on a front porch of a stately home in Charleston, S.C., a canvasser for a $100 million field effort supporting Florida...

World News

HUDSON, N.H. — As he finished up his remarks at an outdoor garden party hosted by a former state senator, Mike Pence made one...