U.S. Stock Market Technical Analysis - Thursday, Jan. 12

The release of Consumer Price Index (CPI) figures and jobless claims data could have a significant effect on the current upward trend in the stock market. Despite the market showing an overall increase, there is a decrease in trading volume and indications of divergence, suggesting that the rally could be a corrective one. The upcoming release of CPI and jobless claims data may provide insight into whether or not a turning point in the corrective rally is likely to occur.

Analyst Peter Mathers TradingLounge™ Australian Financial Services License - AFSL 317817

Video Length: 00:29:14

Video Chapters
00:00 SP500 (SPX)
03:48 Apple (AAPL)
06:30 NVIDIA (NVDA)
09:24  Amazon (AMZN)
10:28 Meta Platforms (META)
12:20 Netflix (NFLX
14:48 Enphase (ENPH)
16:57 Tesla (TSLA)
21:30 Alphabet (GOOGL
23:12 Microsoft (MSFT)
24:11 Berkshire Hathaway (BRK-B)
25:30 Block Inc. (SQ
27:03 Banks (BAC)
29:14 End, enjoy!


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