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What Inflation Fear? Strong Retail Sales Fuel Growth

by admin August 16, 2024
August 16, 2024
What Inflation Fear? Strong Retail Sales Fuel Growth

In this edition of StockCharts TV‘s The Final Bar, Dave recaps another strong up day for growth leadership names, with ULTA and NVDA powering higher after retail sales numbers pushed aside inflation fears. He notes the cautious positioning in the NAAIM Exposure Index, Bitcoin’s failed attempt to push above the 60K level, and key levels to watch for NVDA, ULTA, FICO, GIS, and T.

See Dave’s chart highlighting candle patterns for FICO here.

This video originally premiered on August 15, 2024. Watch on our dedicated Final Bar page on StockCharts TV!

New episodes of The Final Bar premiere every weekday afternoon. You can view all previously recorded episodes at this link.

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