DP Trading Room: New Calculation for CPI Could Change Market Direction
On this week’s edition of The DecisionPoint Trading Room, Carl opens with a discussion of a change that is occurring in the calculation of the CPI from here on out and how it could affect the market’s direction tomorrow. Carl gives his opinion on the market technicals, while Erin walks through the sectors and searches for pockets of strength within Consumer Staples (XLP) and Energy (XLE).
This video was originally recorded on February 13, 2023. Click this link to watch on YouTube. You can also watch this episode and other past episodes on the StockCharts on demand video service, StockChartsTV.com. Registration is free!
New episodes of The DecisionPoint Trading Room air on Mondays at 3pm ET on StockCharts TV. Past videos will be available to watch on demand. Sign up to attend the trading room live Mondays at 12pm ET by clicking here!