The Halftime Show: Homebuilder and Building Product Stocks in Downtrend

In this week’s edition of StockCharts TV‘s Halftime, Pete reviews the NVDA chart, which closed its nearest gap today. He then looks at the S&P 500 and the Nasdaq 100 charts, as well as home builder DR Horton and building products company Masco — both are breaking down on trend. In addition, he reviews the defensive sectors of the markets: Healthcare XLV, Consumer Staples XLP and Utilities XLU.

This video originally premiered on September 18, 2023. You can watch on our dedicated Halftime by Chaikin Analytics page on StockCharts TV, or click this link to watch on YouTube.

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