Відео

Unemployment is shooting up. Up 10.6 % from the bottom. Recession has just started. Bitcoin is tanking because of the unemployment #s.

I wonder what the best opportunities to invest now are, there are opinions but a little later I find out these opinions don't matter as a totally different turn of events play out with the stocks they discussed therein...

I prepare analytics much like this for a living and have very similar conclusion; I don’t know if that makes you my confirmation bias or a like minded friend

How can you compare the SP500 from even 20 years ago to today...especially when you have literally 2 or 3 stocks holding it up?? Where's your analysis on stock breadth or the equal weight and how massive the divergences are between those and the index itself?

The question is not if this looks like the beginning of a bear market, ...the question is whether this looks like the peaks of aug'29 or aug'87 or any other similar ones, my friend :)

I scalp spy and I enjoy our videos very much. Thanks for sharing.

Brilliant insights as always. Thanks Chris & Cathy

Watching the market's ups and downs shows how quickly things can change. In the market, strategic, informed trading isn't a choice; it's a must. Remember, caution is as crucial as ambition here. This dedication to continuous learning is inspiring...managed to grow a nest egg of around $87k to a decent $246k... I'm especially grateful to Jane Nina Pickett tactics and strategies.

TECHNICAL ANALYSIS ON 21ST JUNE 2024 SNP 500 sold off from an intraday high of 5478 to hit a low of 5452 before paring some losses to close at 5465 within Fear Zone of 40 to 41. Short Term Daily Pivot Support Close at 5344. Intermediate Term Weekly Pivot Close Support at 5112. Long Term End Monthly Pivot Close Support at 4498. As long SNP 500 does not close below its Short Term Daily Pivot Support at 5344, its price action may grind up higher. Any close below its Daily Pivot Support at 5344 with its New Daily Pivot Resistance surfacing resulting in any rebound thereafter as its price action grinds lower to test its Intermediate Term Pivot End Weekly Support at 5112. Failure to close below its End Weekly Support Close at 5112 its price action may underpin the market with the next rally as long as its price action recovers above its New Daily Pivot Resistance in due time. Any break down close below its End Weekly Pivot Support Close at 5112 will result in its New End Weekly Pivot Resistance surfacing resulting in any rebound thereafter as its price action will grind lower to test its End Monthly Pivot Support Close of 4498. As long as 4498 is not violated with an End Monthly Close, its price action may underpin the market with the next rally. Any confirmed breakdown of End Monthly Close below 4498 will result in its New End Monthly Pivot Resistance surfacing and resulting in any rebound thereafter may prompt a Selloff signalling an Outright Fake Head Rally which may change its Cyclical Bull Trend back into a Cyclical Bear Trend instead with potential of breaking previous October 2022 bottom at 3492. SYPNOSIS SNP 500 may grind up higher still if Daily Short Term Pivot Support is not violated with a close at 5344. Any daily price above 5505 ,may stall the SNP 500 rise for a minimum 4.3% drop from its coming established high. End Weekly Intermediate Term Support at 5112 (unlikely to be violated) may underpin the SNP 500 for the next rally as high as 5634.

Grace video as always

Please add a summary section to your videos

Excellent charts, excellent analysis! Thank you Chris and Kathy!

We cant see your charts clearly with the weekly and monthly envelopes. 5 and 10monthly moving avg?

Thanks for the video.

Thanks a lot for these videos and the work you guys put into them Chris.

When traders point these chart, I point to the algos that use the same charts and do trade only for the sake of making charts look good. No weight placed on fundamentals, geo politics or even financials. Just mindless trading for the sake of it.

04:10 you're right, it doesn't look like 99/00, it looks like late 98. As always, thank you!

nope.... we're about to CRASH up hard $$$

DIA; 1D : June 17 flip. 1W : June 17 flip. Closed on #8. 1M : Nov flip. Will July #9 flip/flop? It will be a close call. QQQ 1M : July #9 flip/flop ? It will be a close call for sure. SPY 1M : Aug #9. We will not know until Wed July 31. Sept/Oct/Nov might test 2022 high.

Pretty convincing from a technical standpoint. But, the 21 to 23 was the pricing in of the 'interest rate' recession that never hit. So the question in my mind is, how many times in the past has the market priced in a recession that never hit? What if the fed waits too long to cut interest rates and growth and employment take the hit they were supposed to take 2 years ago? Does all that get priced in again?

THANK YOU, KATHY, Chris is doing a great job under your watch

First time viewer. Not bad. Good video. Thanks.

I like the simpler “moving average envelope” look, using just 2 lines, vs the slides with 5+ moving averages. Those are too noisy for the point you are making.

Hedging with a small NVDA short

a better timely topic might have been is the market broadening out from tech/MAG7 to other stocks due to upcoming lowering of interest rates hence the selling off of NVDA and what sectors usually lead.

Thank you Sir. 👋

Love watching your analysis with my Saturday morning coffee, your work is much appreciated.

the given percent corrections are much less than reality if you have stocks and not a general index especially tech

What are the moving average periods used in the envelope? 50 and 200?

It is probably going to be fine until November.

Bro has shorted the market two years ago. Now, his butts are getting cracked. That's why making bearish videos almost every other day. 😂

NO ...as youtubers STILL using that as their title to attract clicks. good luck

Thanks Chris as always for your weight of the evidence clear perspective based upon the chart in front of us 👍

Its clear to me that based on the number of YT vids contemplating the possibility that were in a bubble and it may burst......that we ARE IN A BUBBLE...and its gonna burst. This stock market is a complete sham. The powers that be will do everything possible to keep you in...dont be fooled. Once this puppy turns its gonna be ugly.

Back in 2022 when btc was at its cycle low, people where saying btc is done for it's going below $15k US it's going to zero. Well it's down 10% from mid March ath 2024 and now everyone is shitting themselves. That doesn't make any logical sense especially for crypto.Its just a shake out phase, chill people go zoom out at old charts. We are at around 1.4 trillion market cap and only growing, just wait and see the price next year in March it will double....I've been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

Bullish as always

We are in the biggest bubble of all time. Are people aware that the credit card max out rate is the highest its been in decades? Ad revenue is at an all time high, that means people are buying non stop on money they dont have.

Haven’t watched the video, but I know Chris will provide cherry picked data that shows: no, the bubble is not about to burst. Go ahead comment below you ass-kissers, tell me I am wrong.

Thank you. Much appreciated!!!!!

😘

thank you. strong analysis as usual.

35 trillion debt, and then there is the real amount. Wake up people. This is called musical chairs as millionswill try to sit at the same time on to 10 chairs.

Maybe 2025

great video every week without bias 😘

Thank you Chris!

Buy the dip. Everyone is bearish. Calls are free money here for summer enjoyment.

Thank you.

Ur mum is

Certain equities normally rise around this time of year, but that is unlikely given the present recession and economic environment. I have a lot of stocks with the hopes of making money this month, but I'm not sure if I should retain them or sell them. I've been losing money since Q2 2022, and the outlook for investors in 2024 does not look promising.

Thank you another week Chris!🙏🙏