In this episode of StockCharts TV‘s The Final Bar, guest Ari Wald, CFA CMT of Oppenheimer shows how overbought conditions have actually been a long-term bullish signal for the S&P 500 and Nasdaq. Dave highlights stocks reporting earnings today, including Eaton Corporation (ETN), Caterpillar (CAT), Stanley Black & Decker (SWK), and Norwegian Cruise Line (NCLH).
This video was originally broadcast on August 1, 2023. Click on the above image to watch on our dedicated Final Bar page on StockCharts TV, or click this link to watch on YouTube.
New episodes of The Final Bar premiere every weekday afternoon. You can view all previously recorded episodes at this link.