The Street Pro Podcast #68 – Helene Meisler Returns!

On this edition of TheStreet Pro Podcast, Chris Versace is joined by Helene Meisler for a technical look at the market. The two discuss the channel Helene sees in the S&P 500 and she explains why she is carefully watching the upward climb in that channel as well as the market’s overbought nature. As she shares, uptrend lines are made to be broken, and while it may not be in the very near term, she explains why she is on high alert.

The conversation morphs into one about the S&P 500’s performance compared to the Nasdaq, why investors should be mindful of what Helene calls “spike highs” in stocks, and what to watch to determine if a stock may power ahead of it. Helene also runs through the sentiment indicators she is watching and discusses why one could be flashing yellow lights in the not-too-distant future. All that plus an interesting and unexpected story about the bond market and Good Friday.