Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
Angela Lynn Schilling is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
I’ve had great success with semiconductors and chips this year. I invested about 47k in December and I am up ~$380K… I think this tech bull market continues well into the next few years :)
OH WOW! That’s incredible! See I made a start investing over a year ago and currently have 41 stocks in my portfolio with 20k invested but I am barely breaking even… this is overwhelming tbh
Yikes! Learn to keep it simple, buy things you understand, it’s okay to take some risk but don’t try to shoot the lights out. The market may seem daunting but it can be fun and rewarding with the right info and mindset!
@ShelleyfromCali Pardon my curiosity, how do you know where to look??? Just comb through thousands of stocks until one happens to stand out. I have a 3fund portfolio but even with the market hitting new all-time-high I am still in the red.. I need to know how to properly research stocks
Well, my advantage lies in following the expertise of a CFA. I basically replicate her moves in the markket, and I am benefiting from her strategies and recommendations. I don’t think anyone should undermine the need for experience and professionalism when it comes to crafting a solid portfolio, it’s essential.
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer.
I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
Another great video, Chris. My take is simple, we continue to grind upwards with the occasional pullback in order for the market to 'breathe'. We have seen a bit of that, particularly with the NASDAQ in recent days. Continue to be long.
You definitely have my sub. This content is next level. For me Unimantic was the turning point. Please keep doing what you do and keep being you, love it
Thank you! I think what we are walking into will no be deflationary or inflationary. It will not be stagflation, simply stagnation. The market won't quite know what to do.
I studied William O'Neill's book so much I have never liked patterns like the past week,slightly higher volume of S+P 500 with no upside and then a high volume down day. Yes, there was a high volume down day in May that meant nothing but history doesn't always repeat. Just as you say. we have to see what happens next.
Chris is excellent at identifying the patterns that indicate a healthy market. Some folks criticize his ability to identfy the turning point between a bear market and an upcoming bull. That's a more or less fair point, but that's simply not what his methodology is designed to do. At each turn of the market, the weight of the evidence is relatively weak. It becomes stronger as weeks and months pass. With a weight of the evidence approach, nobody sells with perfect timing, and nobody enters the market with perfect timing. If that's not good enough for you -- which approach for investing works better?
What a wonderful refreshing change compared to so called experts who either pontificate or rely on complicated fundamental analysis! Chris on the other hand sticks to FACTS that are indisputable... namely PAST PRICES which are Demonstrated expression of intent! money where investors' mouths were😀
R/R not really worth staying long so I went completely flat...really think we getting a bit toppy. Just selling options premium just to pick up some dollars here and there while the rest of cash gets 5% before it's redeployed when I'm ready.
Fridays action was quite bearish. MACDs are in a downtrend. SMCI gave back all of its latest run-up. The geopolitical situation is ripe for a Black Swan event. Going to wait it out for a better technical entry on the MACD. May open a straddle on Monday.
DEVILS ADVOCATE: ...but Chris... all of the charts such as RSP are pulled up by default as a result of just being in the SP500 index. The "ETF effect" pulls them ALL up by virtue of the MAG7 pulling the index up. This would suggest that when the inevitable MAG7 reversal comes the sp500 index as a whole will come off the boil including RSP
- this is an amazing video. More people of the younger generations need to watch this. I’m and trying to learn all this and this is the first video that’s actually helped me.
Biggest lesson i learnt in 2023 in the stock market is that nobody knows what is going to happen next, so practice some humility and low a strategy with a long term edge
But however, Recently, I've been pondering retirement. I've also invested $800K on S&P 500 so i could secure my financial future. i need an approach to invest in Stocks like Nvidia stocks and of course AI stocks that will align with my risk tolerance and financial goals but it seem to be bearish right now.
Chris had a phenomenal 2023 when everyone was bearish. As for 2022 he did admit he was wrong and explained what data he used. You can check his 2022 recap video if interested.
@@whisper1736 everyone had a phenomenal run, all you needed to was stay the course and buy the dip and you’ve outperformed every trader. The point is, this guy talks about useless charts and TA like it means anything. This clown was bullish all throughout the 2022 drop and was playing what ifs all through 2023 from the lows. Never once did he confirmed the end if the bear market. He only did it after the fact.
Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
Angela Lynn Schilling is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
I’ve had great success with semiconductors and chips this year. I invested about 47k in December and I am up ~$380K… I think this tech bull market continues well into the next few years :)
OH WOW! That’s incredible! See I made a start investing over a year ago and currently have 41 stocks in my portfolio with 20k invested but I am barely breaking even… this is overwhelming tbh
Yikes! Learn to keep it simple, buy things you understand, it’s okay to take some risk but don’t try to shoot the lights out. The market may seem daunting but it can be fun and rewarding with the right info and mindset!
@ShelleyfromCali Pardon my curiosity, how do you know where to look??? Just comb through thousands of stocks until one happens to stand out. I have a 3fund portfolio but even with the market hitting new all-time-high I am still in the red.. I need to know how to properly research stocks
Well, my advantage lies in following the expertise of a CFA. I basically replicate her moves in the markket, and I am benefiting from her strategies and recommendations. I don’t think anyone should undermine the need for experience and professionalism when it comes to crafting a solid portfolio, it’s essential.
Sounds ideal! I’d love to discuss the topic more
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Linda Wilburn program is widely available online.
I appreciate the professionalism and dedication of the team behind Linda’s trade signal service.
Trading with an expert is the best strategy for beginners and busy investor s who have little or no time to monitor their trades.
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
It was quite challenging to understand the different trends on my own until i found out about Wilburn. Trading made easy.
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer.
I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
I'm new at this, please how can I reach her?
After I raised up to 125k trading with her I bought a new House and a car here in the states also paid for my son's surgery
Glory to God shalom.
Chris is one of the best. Thank you for very clear analysis on a weekly basis.
Agreed!
Always interesting! Pepennedy is a project worth paying attention to. I'll be following their progress.
Another great video, Chris. My take is simple, we continue to grind upwards with the occasional pullback in order for the market to 'breathe'. We have seen a bit of that, particularly with the NASDAQ in recent days. Continue to be long.
You definitely have my sub. This content is next level. For me Unimantic was the turning point. Please keep doing what you do and keep being you, love it
Thanks for leaving the comment. It made me stick around
Thank you Chris another week!🙏🙏
Thanks, always insightful!
Thank you!
I think what we are walking into will no be deflationary or inflationary. It will not be stagflation, simply stagnation. The market won't quite know what to do.
Your time, research and insights are always greatly appreciated! Happy July 4th!
I studied William O'Neill's book so much I have never liked patterns like the past week,slightly higher volume of S+P 500 with no upside and then a high volume down day. Yes, there was a high volume down day in May that meant nothing but history doesn't always repeat. Just as you say. we have to see what happens next.
Chris is excellent at identifying the patterns that indicate a healthy market.
Some folks criticize his ability to identfy the turning point between a bear market and an upcoming bull. That's a more or less fair point, but that's simply not what his methodology is designed to do. At each turn of the market, the weight of the evidence is relatively weak. It becomes stronger as weeks and months pass. With a weight of the evidence approach, nobody sells with perfect timing, and nobody enters the market with perfect timing. If that's not good enough for you -- which approach for investing works better?
Thank you, Chris. God bless.
Wonder full month end reports. Thank you
What a wonderful refreshing change compared to so called experts who either pontificate or rely on complicated fundamental analysis! Chris on the other hand sticks to FACTS that are indisputable... namely PAST PRICES which are Demonstrated expression of intent! money where investors' mouths were😀
Great charts. Thanks.👍
Man I love the stock market! 😁
Great content, thank you. I believe you did not mention the longest yield curve inversion in history. Or did I miss that?
R/R not really worth staying long so I went completely flat...really think we getting a bit toppy. Just selling options premium just to pick up some dollars here and there while the rest of cash gets 5% before it's redeployed when I'm ready.
Same. Thetagang's turn to shine
Fridays action was quite bearish. MACDs are in a downtrend. SMCI gave back all of its latest run-up. The geopolitical situation is ripe for a Black Swan event. Going to wait it out for a better technical entry on the MACD. May open a straddle on Monday.
Today was a very revealing moment. We’re either going sideways or down in the short term
Options, options, options!!!
Seasonally July is historically bullish though
DEVILS ADVOCATE: ...but Chris... all of the charts such as RSP are pulled up by default as a result of just being in the SP500 index. The "ETF effect" pulls them ALL up by virtue of the MAG7 pulling the index up. This would suggest that when the inevitable MAG7 reversal comes the sp500 index as a whole will come off the boil including RSP
Down 20% but then up 30% at some point
very nice and interesting!
Thanks for sharing this
- this is an amazing video. More people of the younger generations need to watch this. I’m and trying to learn all this and this is the first video that’s actually helped me.
Biggest lesson i learnt in 2023 in the stock market is that nobody knows what is going to happen next, so practice some humility and low a strategy with a long term edge
But however, Recently, I've been pondering retirement. I've also invested $800K on S&P 500 so i could secure my financial future. i need an approach to invest in Stocks like Nvidia stocks and of course AI stocks that will align with my risk tolerance and financial goals but it seem to be bearish right now.
While the market is promising, expert guidance is essential for effective portfolio management.
you guys are such weird uber bulls
Why would we be bearish when the market has been going up?
The Dems must be nervous after the debate - a potential engineered upswing coming?
the Fed will keep the markets juiced until November
@@chrischoir3594 Then crash?
@@afonsodeportugalthe fed members need to shut up from time to time
T N He is correct. You are shameful😊
This guy has been wrong for years now with his useless charts and TA
yup, he was preaching "sell" at the end of 2022 at the bottom.. now every other video is "buy buy buy" at the top... gtfoh...
Yet, you’re still here…. Says more about you than it does him😂
@@derekb2817 I could ask you for evidence of his end-22 sell signal, but I'm sure you're just talking out of your posterior.
Chris had a phenomenal 2023 when everyone was bearish. As for 2022 he did admit he was wrong and explained what data he used. You can check his 2022 recap video if interested.
@@whisper1736 everyone had a phenomenal run, all you needed to was stay the course and buy the dip and you’ve outperformed every trader. The point is, this guy talks about useless charts and TA like it means anything. This clown was bullish all throughout the 2022 drop and was playing what ifs all through 2023 from the lows. Never once did he confirmed the end if the bear market. He only did it after the fact.