Janet Yellen pushing money in as fast as Powell taking it out, its an election year, but god this looks like a horrific blow off top, its so narrow, once fund managers have to sell they will sell what they have, which is crazy overweight about 5 stocks, i can see this going below oct 2022 lows easily. Time to cash out, whats the point of hanging on for a few per cent more and risking half your capital.
Good stuff Chris, thanks. I like how you remain focused on the chart action and keep your discussion action oriented, rather than theorizing on the macro backdrop. That said, my feeling is this rally has been liquidity fueled by TGA and RRP. Those are both now frozen in place (for now) while the Fed balance sheet continues to burn off dollars. In other words liquidity may be pausing here imminently. About time too, it's been quite a run. With everyone positioned max long too, seems to me a short term top is very close. Other signals like DeMarks have hit Sell 13 on both daily and weekly as well. Elliot Wave folks saying we've already completed all the wave 5's. Feels like we're close to a reversal.
You're welcome! If you have any more questions or need further assistance, feel free to ask. Additionally, if you're interested in exploring more about trading strategies and market analysis, you might find valuable information on the website www.thetechnicaltraders.com.
@@TheTechnicalTraders If you don’t mind helping me with something that is heavy on my mind ; I went ALL IN Canadian Maples when I cashed in my 401 k and did a self directed IRA . They seem to ( not ) bring as much money as American eagles . Since they are stored in a depository - what do you suggest would be the best way to sell them someday for maximum return ? Thanks in advance for guidance .
Hi Chris, for the technical traders membership. The self directed account option: are your daily email trading signals simple to follow for people who have no experience trading or do we need previous experience to understand the calls
yes, they are very simple, buy SYMBOL, first target $, Second target, stop price, and I provide allocation so you know how much to buy and sell at teach trigger.
I understand that very much so but you said bearish sentiment, there isn't that currently. Anywhere really. Not in options, not in margin etc. @@TheTechnicalTraders
Wowsa. With a large market correction and say fed funds rate remains unchanged, how would you see bond prices, flat or go up a bit? i.e. how might TLT do in a stock correction?@@TheTechnicalTraders
Its a quick and easy place to put money in our brokerage account to make monthly income, it pays dividends which are lower tax rate also. No one is going to move money to their bank then back to the broker to a trade the next day... :)
No flashy thumbnail... no showing off.. just plain info... that how investing should be.. Good job Chris! 👌
Haha someone get its! No fluff
Janet Yellen pushing money in as fast as Powell taking it out, its an election year, but god this looks like a horrific blow off top, its so narrow, once fund managers have to sell they will sell what they have, which is crazy overweight about 5 stocks, i can see this going below oct 2022 lows easily. Time to cash out, whats the point of hanging on for a few per cent more and risking half your capital.
Good stuff Chris, thanks. I like how you remain focused on the chart action and keep your discussion action oriented, rather than theorizing on the macro backdrop. That said, my feeling is this rally has been liquidity fueled by TGA and RRP. Those are both now frozen in place (for now) while the Fed balance sheet continues to burn off dollars. In other words liquidity may be pausing here imminently. About time too, it's been quite a run. With everyone positioned max long too, seems to me a short term top is very close. Other signals like DeMarks have hit Sell 13 on both daily and weekly as well. Elliot Wave folks saying we've already completed all the wave 5's. Feels like we're close to a reversal.
Wow, I didn't know you had your channel. Glad I found it. Subscirbed.
Awesome!
great info thank you
spy is going to hit $600 imo
👍👍
Thanks a mill🙏🏻
Great stuff, thanks again!
You're welcome! If you have any more questions or need further assistance, feel free to ask. Additionally, if you're interested in exploring more about trading strategies and market analysis, you might find valuable information on the website www.thetechnicaltraders.com.
What is your opinion on physical silver in the next 5-7 years ?
Very bullish, but will be a wild ride for the next year I think still.
@@TheTechnicalTraders
Thanks Chris , for responding !
I sincerely appreciate that .
@@TheTechnicalTraders
If you don’t mind helping me with something that is heavy on my mind ; I went ALL IN Canadian Maples when I cashed in my 401 k and did a self directed IRA . They seem to
( not ) bring as much money as American eagles . Since they are stored in a depository - what do you suggest would be the best way to sell them someday for maximum return ?
Thanks in advance for guidance .
Thank you Chris, really informative video.
Glad it was helpful!
Hi Chris, for the technical traders membership. The self directed account option: are your daily email trading signals simple to follow for people who have no experience trading or do we need previous experience to understand the calls
yes, they are very simple, buy SYMBOL, first target $, Second target, stop price, and I provide allocation so you know how much to buy and sell at teach trigger.
@@TheTechnicalTraders thank you! Joining
Topper!
Most informative, thanks.
You're welcome!
The overall market sentiment is very bullish. Not bearish.
Ironically the euphoria is what makes it bearish
@@animalsarebeautifulpeople3094 You nailed it!
I understand that very much so but you said bearish sentiment, there isn't that currently. Anywhere really. Not in options, not in margin etc.
@@TheTechnicalTraders
I have the SPXU, SQQQ trades ready..😂
Not yet, we are long SSO, and QLD from our Nov buy signal, they are rocking!
Do you still see a large market correction sometime soon, or just some pullbacks and continue higher?
I see larger correction, 30+%
Wowsa. With a large market correction and say fed funds rate remains unchanged, how would you see bond prices, flat or go up a bit? i.e. how might TLT do in a stock correction?@@TheTechnicalTraders
Why put money into Bill? As far as i can see it pays a lot less interest then just leaving the money sit uninvested in a brokerage account
It pays roughly 5% right now. At least I know CBIL does as i own that one because it is in CDN $. Both are basically the same.
Its a quick and easy place to put money in our brokerage account to make monthly income, it pays dividends which are lower tax rate also. No one is going to move money to their bank then back to the broker to a trade the next day... :)