Published On Mar 7, 2024
We proudly present a brand new partner content series from our friends at Chaikin Analytics! In these weekly videos, Chaikin Analytics' Chief Market Strategist, Pete Carmasino, delves into various market topics and trends with help from the Chaikin Power Gauge, a one-of-a-kind system that predicts the future behavior of stocks & ETFs by utilizing 20+ rating factors.
There's a time to play defense and a time to play offense. Pete Carmasino explains, "When you see the defense leave the field, on the downside, there's a rotation moving into offense [the growth side of the market]." In today's video, he dives into the $XLU ETF to showcase the negative trends you should be monitoring. Get daily insights and ideas generated from Chaikin Analytics’ proprietary rating system for FREE! Receive daily market updates, sector tracking, in-depth industry analysis, earnings updates, and actionable ideas via their Chaikin PowerFeed newsletter. Visit https://www.GetPowerFeed.com
About Pete Carmasino
Pete Carmasino is the chief market strategist at Chaikin Analytics. He has more than 25 years in the financial-services industry. Pete's years of knowledge in many different strategies help thousands of our subscribers to decipher the markets... His ability to take complex concepts and break them down into digestible information is a true asset. Pete brings portfolio-management experience to Chaikin Analytics from some of the largest names in finance – including Prudential Securities, Lehman Brothers, Wachovia Securities, and PNC Investments.
Follow on X: @PeteCarmasino
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