Stocks Will SHOOT UP? (Important Market News)
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- Опубліковано 11 вер 2024
- Stocks Will SHOOT UP? (Important Market News)
In this video, I discuss a significant event in the stock market that has only occurred once since 1978. The Russell 2000 index recently surged by 3%, while the S&P 500 and NASDAQ were down, creating a 5.5% spread between the Russell 2000 and the NASDAQ. This is typically seen at the end of bear markets and signals the start of massive bull rallies.
I went into the recent breakout of the Russell 2000 from a two-month consolidation and its implications for the broader market.
On July 11th, the Russell 2000 broke a two-year resistance line, indicating a potential catch-up to the S&P 500 and NASDAQ as well.
I also did go over some historical data, comparing the current situation to market behavior in late 2020 and October 2008.
More importantly, I went into the recent lower-than-expected CPI data, which has increased the probability of a rate cut by the Federal Reserve in September.
I shared my views with you, on the overall likelihood of a "soft landing by the Fed" and how this might influence market trends.
Also, I highlighted investment opportunities, including Tesla, small caps like iShares Russell 2000 ETF (IWM), and other potential long-term investments in Nike, and Chipotle etc.
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Bought Mara/riot/tesla all of them cuz of you when you were saying it’s good opportunity to buy the dip
Thanks again Z
Good stuff!
What is his win to loss ratio? Nobody calls 100% of the time.
I have taken the last four months off and really happy to see this. Dats Wuz UP!!!
Consistently one of the best out there, Z. Helping me navigate markets since the 2022 lows
💪🏽🤘🏼💯
Excellent. Still waiting in cash but starting to nibble on Berkshire, gold VTI, XLK.
I have the largest cash position ever. With that said, I was going to deploy most of it but in the last couple days everything I was going to buy is up 20 to 30%. I still own a lot of stocks so I'm still happy but I just missed a nice rally.🙄
DCA don't time the market.
^ exactly
You tried to predict the market. You didn’t and missed a rally. This isn’t new, it’s very common. Just DCA.
What about the rates dropping causing recessions? Will small caps rally through?
@@Arcadianx98 answered in video
you are probably correct, I was expecting a massive pull back so have alot of dry powder
The stars are aligning for SOFI at last. 🤞
Lets goooooo!
Hello Z, do you think miners will continue upside before July ends?
I'm fully invested, but I have bumped my bonds up to 30% of my portfolio. Waiting until around first rate cut to start moving to cash. I'll need it for a planned real estate investment.
Approx half of EV sector stocks continued to charge Up Monday. Idex . Ideanomics 13 % plus many more. Thumbs Up video/ comments. Thanks
I watched this 21 hrs ago but had to come back and 👏👏👏👏👏
🙏🏽
Thanks Z , love your macro outlook videos.
Z, do you feel that we will have the cyclical September - October market dip? Also last year you mentioned the last 2 days of October and first 2 days of November as being the best days of the market, do you think this will repeat? Thanks
You think I have a Time Machine? Lil
Very impressive and informative. 👍🙏
Glad it was helpful!
But what happened to "once rates drop I'm selling heavily"
Rates haven’t dropped yet. The Fed hasn’t cut yet.
@idonotlikethismusic Correct. It seems like he might be backstopping when they do cut. He was very adamant about selling when that happened and now not as much.
He said when the first rate cut happens, you can decide whether to take profits or not. Weren't you paying attention, young lady?
tell me you didn’t listen to the whole video without telling me you didn’t listen
@theenzone1420 Thats literally what im talking about. Were you not paying attention to the last 10 videos he made stating he was 100% going to sell heavily when rates drop???
Amazing video as always! We eating 💪
Love to see it
I think it depends on what data come in in August if they will cut in September. It’s too early to tell, I think. But, honestly, nothing would surprise me.
I have some IWMY,I'm about to get some more. Thanks for the info.
You are often right Z. Hope you hit it on this one too
what is "this one" exactly? people just hear what they want.
Excellent analysis as always
Thanks
Shopify TNA TMF TSLL CLSK MARA ETHU and many others for me, most of those will rise with rate cuts long term holds.
Yeah I don't see a heavy change until about Sept.
Contents fucking solid man ..
can u do technicals on Hood ahead Aug 8 earnings? @travelingtrader
loading up on tsla, celh, enph, baba, stne, pypl, u, wba, lulu, el, nke, mpw, dis
If you remember, they also changed the definition of a recession as well. We technically already had one. That's the thing I've been keeping in mind.
Qqq is dropping hard Wednesday
What about Thursday?
Hey guys, I'm eyeing Worksport WKSP for investment. They're leaders in truck accessories and expanding into solar covers for renewable energy. Seems like a great move forward!
Great info! 📈🦾🚀
In the 1990s it was a soft lading with volker
How do u lose the game if u have cheat codes?
They just want to make it past the election. You think if Trump wins, that Biden administration will just sit there for 3 months and continue to put out rosey cheat numbers? Why do you think most trouble comes when it's clear an administration is about to change hands from one to another. Like the Aug 2000 crash right before the election when Clinton was due to leave, and the market fell off a cliff in Aug 2008 when Bush was due to leave. I'm just saying, if you thought the system was rigged, and a new sheriff was coming in and it even had the possibility of overturning your schemes, wouldn't you get out?
It’s not different this time. After the pivot; thar she blows. There is a reason Warren Buffett is bearish. He knows the market is expensive. He’s waiting for the music to stop so he can buy at fire sale prices. Would not be buying anything long term here.
I’m still fully invested
2 year and 30 year uninversion is calling bs
people are sleeping on google. thats a clear winner long term.
We’ve been in it since $130
@@TheTravelingTraderGot in at $92 in Oct 22. Been holding…
Claiming from $15k upwards is a better start.
What most people see as a glance of wealth, a great career, and purpose is the result of hard work and hustle over time. I pray that anyone who is reading this will be successful in life,....,
I would really love to know how much work you did put in to get to this stage.
👍🏻
Everyone needs to remember what he's been saying (with no equivocation) that he sells "everything " when the first rate cuts happens. That's probably in September.... let's see.
are you broke yet? 🤡😂. good job missing/shorting TSLA.
also, what I decide to do and when I decide to do it is my business and I can and will change my mind as the data changes.
still doesn't change the fact that you are literally the dumbest commenter on my videos.
keep getting recked.
@@TheTravelingTrader On top of confusing me with others, this dude makes things super personal because I am the only one that factually calls him out on his shlt and he doesn't like it. I have always said, he's one of the better UA-camrs, that's why I still follow him. But he gets shlt wrong and HATES to be called out on it. In addition to my comment above, What else has he recently got wrong? couple days before the start of this correction, we all saw his vid saying we're going higher. My point? If you follow this dude, just take his ideas as one OF MANY and don't let his confidence mislead you. As for my trades, I am shocked you seem to know them better than I do. Bc I QQQ shorts were a long time ago. I've been long for months on the QQQ and got in to TSLA at 174, closed at 268 and reopened at
235.... doesn't take a genius to read momentum plays.....
@@har8397 dumbass. TSLA went from $170 to $270 while you were trying to call me out. Eat a dick and keep fading me. Like I said, I don’t know how you still have money to trade with. You are literally the worst trader on the comments I’ve ever seen in my 5 years here.
I don’t hate being called out. I hate disingenuous fuck boys like you who show up on a singular red day when they know my thesis was regarding the entire move, not the one day. Instead of giving me credit for the $100 move you show up on the -5% day because you have fuck boy tendencies.
@@TheTravelingTrader Am I a male? Yes. Do I get laid? quite a bit. So, I guess I am a "phuk boy." If you set aside your ego Bullshlt for a second, you would answered your own question. How do I still have money to trade? because I am obviously not as bad as you say. "thoughts on SOX?" lol
Property tax/insurance cost goes up 15% in 2024. Anyone else see 'deflation' anywhere?
I'm starting to see sales in cars again
Gasoline prices went down
Why not URTY ??😊
Who said not?
Ok just curious of your opinion of it. ty@TheTravelingTrader
Have you thought about a mini academy, one which just identifies share buying and selling. Like a motley fool but obviously you're gonna have yo make it good not like the shit they churn out
I have
@@TheTravelingTrader now is the time to act upon that thought
😂😂😂😂😂😂😂😂
So.. Calls?
If you’re asking that way probably shouldn’t be trading options
@@TheTravelingTrader just longer dated calls.. If you think it's going up.. then get calls
❤️ Thank you buddy for your TA. I'm excited how my trading is going so far. I'm on $1m challenge right now. Already earning $35k weekly 🎉
wool socks to bed = addiction cure 🟥🟦