A lot of people are saying that the FED is going to cut rate. Do you think the FED gonna do that ? A lot of people haven't realized is that the FED already owns 8.5 TRILLION worth of US bonds. They owned those bonds because nobody wanted to buy 'em. Once the FED starts cutting the prime rate, the whole thing will start cascading --- people will stop purchasing US bonds (unless US government can survive without issuing US bonds to cover their budget deficit) and when there is no one to buy the newly issued US bonds, the FED will have to own even more of those bonds that nobody wants.
The market's direction can swiftly change, with indexes frequently transitioning from a bear market to a bull market precisely when the news is most negative and investor sentiment reaches its lowest point. It's tricky during election years.
imho, the average person finds it difficult outperforming the market on a day-to-day basis. In actuality, most people who have the necessary abilities are advisors with experience since the '08 crash and beyond
Agreed, I once downplayed the role of financial experts until suffering 40% portfolio loss amid 2020 lockdown, at once I consulted a pro and my portfolio was revamped thankfully. As of today, I'm just about 10% shy of my $1m goal after 100s of thousands invested.
I did enroll in a handful of trading class, but that didn't help much. I've been advised by a few colleagues to seek the guidance of a competent advisor, please how did you go about doing so?
My CFA Carol Vivian Constable , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
This interviewer has EXCELLENT questions, asking for what price he thinks stocks would be at, And the guest is fantastic as well giving his price estimates.... I truly appreciate this type of open talk
It's Jimmy Connor, thanks for the positive comment and for taking the time to view our content! I have always wanted to visit Cape Town. Many say its' the nicest place on earth.
How do i make money from the market crash? i want to redistribute around $200K stocks in my portfolio. what strategy should I use to maximize gains rn.
stock market crying with little down tick while we have been dealing with double digit real inflation for a year. consult with an advisor so you don't get burnt in the market.
you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited $560k in 2023 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
'Sharon Ann Meny' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
I always find it interesting in the comments that most people are welded to their bullish or bearish stance and dismiss any new information that doesn't suit their view
@@donkeyhole2782 Oh yes they do and but in politics people are a lot more adamant about their political leanings. I think in business/investing people tend to change from bullish to bearishness.
I was thinking the opposite. I was thinking the moderator was exceptionally good. Hence, I was surprised to see your negative comment on the moderator.
I sold all of my stocks a week ago, I have been an active trader for over 30 years. I feel my luck had run out, the data is being manipulated and I'm not that smart.
Do you think it's a good time to consider selling some stocks, or is it better to hold onto them for the long term? I remember selling 100k worth of NVIDIA years back and today, I still can't get over making the wrong decision out of rumors and hearsay.
Agreed, instead of following rumors or a hearsay, I adopted the service of an advisor early 2020 amid covid-outbreak, and after subsequent investments to date, I've attained my most significant financial milestone, just about 10% shy of $1m.
@@Biggerstaff4 i'm blown away! mind sharing more info please? i am a young adult living in Miami where i've encountered several millionaires, and my goal is to become one as well
Katherine Nance is my FA. Just google the name and you’d find necessary deets. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
excellent share, curiously inputted Katherine Nance on the internet, spotted her consulting page ranked top and was able to schedule a call session. Ive seen commentaries about advisors but not one looks this phenomenal
I dont even know where the stock market is headed to right now. my portfolio of around 200k is not increasing more than 5% and people are predicting a crash .
Accurate asset allocation is crucial, I used hedging strategies to allocate part of my portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.
Hi, thanku about this video sir . Mr.Chris is really smart. I liked this video because there was no nonsense talk. But I am just afraid about this market everyday is new day in market full of surprises.
Thanks for the update, appreciate it:). On the Apple chart, isn't the measured move added from where the neckline brakes, and not from the high on the right shoulder, as Chris is showing??
From Chris..."Yes from where the neckline breaks down. I think I also at the same time was showing how it’s very similar to a bear flag pattern and fib target, which both used the hight, not the neckline break."
Strong BUY. Still early innings. NVIDIA is the dominant leader in AI and the preferred technology partner globally. Even w new competition on the horizon, NVIDIA is far ahead of the competition. 85% market share. 76% margin. Unrivaled demand for new Blackwell chip. Demand far exceeds production for Blackwell through to 2025 and beyond. No competitor has anything close to Blackwell. And forward P/E is about 33 (cheap for a high growth stock). Buy this stock and wait. You will be rewarded.
Problem is that NVDA is addicted to the datacenter, their mobile offerings are terrible. Inference needs to happen at the edge (mobile) and training will not have the same amount of demand as time goes on. NVDA is a major bet on aggregation of resources (compute) but this is cyclical as we have seen dozens of major shifts in this industry. Remember when Citrix aggregated desktops with VDI and then it imploded because VDI has a problem with latency? AI Inference in the datacenter has the same problem with latency. AAPL and Samsung are the best buys for AI now that we are transitioning from training to inference.
When it comes to investment, diversification is key. That is why I have my interests set on key sectors based on performance and projected growth. They range from the EV sector, renewable energy, Tech and Health (AMD) alongside coins, and gold. I'm also working on an investment plan with my Fin. Advisor that includes AI looking into Nvidia, MSFT, Alphabet stocks among others. I've been utilising a financial advisor for more than 15 months now, and I've made over $800,000.
@@joshbarney114 I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Finding financial advisors like Marisa Breton Dollard who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thank you for this tip , I must say Marisa, appears to be quite knowledgeable. After coming across her webpage, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.
It's Jimmy Connor, thanks for the comment/question Darren and for taking the time to view our content! Prices always fall significantly faster then they go up. People quite often say the market is an escalator going up but an elevator going down.
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
I definitely share your sentiment about these firms. Finding financial advisors like Monica Lisa Payne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Yea I'm not expert but I'm looking at the fear gages and they're saying buy. I'm looking at the yield curve, not time to sell just yet, at least not 100%. I think it'll be a buy the rumour sell the news event with interest rate cuts and the Fed. We still have 6 weeks. However, I wouldn't wait to sell at the next Fed meeting when the probability of a cut is near 90%, but selling off early now seems premature... I'm buying, but with hedges.
It's Jimmy Connor, thanks for the comment and for joining our TH-cam Premier! I have an interview coming out with Henrik Zeberg and he things the S&P will steady itself this week and move up to 6100 by October.
That is absofuckinglutely brilliant Chris. Where I live silver shot is abundant and inexpensive, so I bought a heap and I have been living off of it for a while now. Granules go for hundreth of a gram to a gram, and one can buy anything with them today, when I bought them nobody would touch them, everyone wanted Gold bars, today I am looking at processing Gold into shot!!
I've been doing doing it for 27 years, it's not about the little candlesticks, it's about what they represent and if you learn properly you'll make alottt more money than any long-term investor, I used to be one of those....
Chris does not include in his analysis AAPL’s low in the 2nd quarter from 164.08 to the new all time high in mid-July of 237.23. Mr. Buffett most likely would have held on a little longer … we know he LOVES to make money for his shareholders! lol…although before he sold, AAPL was over 50% of Mr. Buffett’s holdings! An enormous amount … so that is realistic in my opinion to re-evaluate his % to totals and reduce some. This of course all took place prior to the AAPL AI announcement! Chris neglects to include this as well. Next time Chris, you refer to Fibonacci’s but do not include them in your beautiful TOS charts. That would help your readers understand what you are referring to if you included them. I hope this helps you:-)
It's Jimmy Connor, thanks for the comment Susan and for joining our TH-cam Premier! I did not realize Apple was that large so it would be logical to reduce the weighting for that reason alone.
@19:00 Hearing Warren Buffet has sold a huge amount of stock, makes my decision to sell a week before him look better all the time. Pigs get fat, Hogs get slaughtered.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! We are just trying to protect our wealth during this crazy times.
trying to barter w silver lol, you can also barter w 20 dollar bills. I love silver not because it is fungible but bc it is less so, so if I spent 300 on silver 2-4 years ago, it is highly likely I still have the same silver today. if I had 300 in bills it is highly likely I spent it on necessity or invested it in stocks.
It's Jimmy Connor, thanks for the comment and for joining our TH-cam Premier! Imagine walking into a Whole Foods or Walmart and trying to buy something with silver.
It's Jimmy Connor, thanks for the comment Glen and for joining our TH-cam Premier! I stay away from silver miners, just too complicated. This is why there are so few silver miners and why most eventually go into gold.
Great show guys but not bullish enough on gold, its going much higher. Government debt at $35 trillion, interest payments of $1 trillion annually and growing. The entire system is a house of cards.
Signals are always mixed. Fundamentals and macro blows wind at the market, drives sentiment and technicals, and that drives more buyers and sellers. Nobody really knows... What we do know is that the govt will keep printing more money...
It's Jimmy Connor, thanks for the comment Savana and for joining our TH-cam Premier! You are so right and the purchasing power of our dollars will continue to decline.
I think all you need is an expert assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached
Yeah, I believe investing with a professional is the optimal approach, as it mitigates the risk of significant losses. Did you genuinely know her? I was under the impression that I was the sole beneficiary of her guidance through the challenges of trading.
Seeing a remark regarding my manager Evelyn Turner is quite energizing. It was just like this when I first met her a few weeks ago. Having started with just 4k about 2-3 weeks ago, I have already made it to 21 k. She is very remarkable!
Goodness gracious I'm so excited seeing Ms. Evelyn Turner been mentioned here also. Didn't know she has been good to other people too, this is wonderful because I also started with a TH-cam referral like this
Rule of the "greater fool" certainly applies in this market. Ask yourself why those in influential positions within the leading gainers are SELLING. It isn't because they believe there are additional gains ahead. Enjoy holding those empty bags.
You probably shoulda mentioned that buffets trades are on a 90 day delay from being publicly known. Side note: he also missed out on a bunch of money by selling when he did. (Not that he cares lol) I liked the advice “to stay away from something if you don’t completely understand it.” I could have used that advice early in my trading days.
@@BloorStreetCapital We went long VOO, and IWM into the close yesterday while we cut our longs in TLT in half, and sold all of our EDV in my tactical models. I'll only play this as a bounce into a lower high. The top is VERY likely in at the 5,650 level in SPX so this next move, will likely be a classic i ii, set up where you sell/short ii and buckle the heck up because we're heading to goblin town into the fall/winter. See you when SPX has a 3 handle on it.
It's Jimmy Connor, thanks for the comment Russell and for taking the time to view our content! I have Henrik Zeberg coming on this week and he says the same thing.
Jimmy, you gotta work on your interview skill. Having questions in your head is not a preparation. You didn’t have any sharp questions, just a bunch of where do you see it going inquiries. You didn’t even let Chris to promote his own work and site at the end. I guess that may be OK if you paid him a lot of $$$ for the video, but man all in all this was a terrible interview. But the guest was superb so I enjoyed.
It's Jimmy Connor, thanks for the comment Frank! . We organized and recorded this interview in a couple of hours on a Saturday. The purpose was to provide viewers what to expect in the coming days along with potential levels. We touched on the S&P, Nasdaq, gold, silver, copper and oil. What other questions did you want answered? With regard to promoting his own work, I typically let Chris do this but this time I took a different approach and I pitched his work in the beginning and at the end of the interview.
@@BloorStreetCapital I watch various interview TH-cam channels and they would have asked things like “If the Fed cuts the rate in September, does that change your forecast of market crash? Would that turn around the negative sentiment and propel the market to the new high?”, “What makes you believe that we’re not seeing 2022 type correction but rather a recession?”. Thought provoking, hypothetical, devil’s advocate questions rather than just “what’s going to happen to the prices of these asset classes?”. But then this is your show. If that’s the show you want, I can’t complain.
@@frankyhonnolus5528 Those are good questions but not for someone who practices technical analysis. TA is all about price action. Fiscal or monetary policy is irrelevant. Check out my discussion with Danielle DiMartino or David Rosenberg...they are both economists so that is a totally different interview and we go deep on monetary and fiscal policy but I would never ask them about price action or charts.
Correct, whatever the fed does or any news/economic data take place it does not change my views. The charts will tell us when and asset prices and changed direction which could be before or after the event, does. It matter when as I follow price.
Oh nice here is Vermeulen. My fave contrarian investing talking head. Just do the OPPOSITE of what he says and you’ll be on the right side of EVERY trade.
What he is not taking into consideration is the company’s strength in the semi business…oversold, cannot run fast enough. Good long term position to have…listen and comprehend the earnings call and Jensen’s u-tubes.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content and for Subscribing! Believe it or not but 90% of our viewers are not Subscribers.
You see . You should interview me I was on CNBC 8 years ago saying Trump will win and market will rally but did not air me cause they are liberals. Look I have my own formulas to time and price market. So
It's a scam. Fraudsters trying to rally a fake-stock so desperate people go chasing it and buy into whatever new scam/ponzi they've designed. They do it all the time. They do it on every financial vlog comment thread. They do the same with fake "financial advisors". Only difference is the name changes. Don't buy into any of it.
We are still in a bear market from 2022. We have been in a counter trend rally from November 2023 to a few weeks ago. 3500 will be retested on the S&P500 in the next 12 months.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Stagflation is a def possibility and if it happens it will be disastrous.
I know, with absolute certainty, that the stock market will reach record highs once again some day in the not-too-distant future. It doesn't matter how far down it goes. It's because of a little thing called Greed.
Crash market fatigue is showing with most people. Most are so tired of hearing about the worse even though its true. We are being boiled slowly in the pot! I want to diversify my $250k portfolio.
I completely agree. It's not just about the dividends, Diversifying a portfolio can be a smart move, i always advise one gets a professional to help you out.
It's true, lots of folks downplay the role of advisors, I once needed a good boost in my furniture business so I reached out to the lady that occasionally appears on CNBC. She helped a lot to grow my reserve to over $275,000
Investing is more than watching TH-cam Videos and reading quarterly reports. Learnt this from reading Peter Lynch's book. They are people who do this for a living, use them to save yourself from the hassle. That's how I make money from the market to be honest.
*"markets crashing AGAIN"* just had one in 2022 what is it this time? Don't need to be a risk genius these days. Long $t AT&T strong buy. Collapse in $sox happens *ALL THE TIME.*
Check Out Chris's Services Technical Traders Newsletter thetechnicaltraders.com/bloor...
Down 1% for the week and then bounce? It’s already down 2.5% overnight.
AAPL is already at 200!!
21:00 AMZN at 153
A lot of people are saying that the FED is going to cut rate. Do you think the FED gonna do that ?
A lot of people haven't realized is that the FED already owns 8.5 TRILLION worth of US bonds. They owned those bonds because nobody wanted to buy 'em.
Once the FED starts cutting the prime rate, the whole thing will start cascading --- people will stop purchasing US bonds (unless US government can survive without issuing US bonds to cover their budget deficit) and when there is no one to buy the newly issued US bonds, the FED will have to own even more of those bonds that nobody wants.
@@bidmcms3 It's going to be a crazy week! BTC down 10%!
The market's direction can swiftly change, with indexes frequently transitioning from a bear market to a bull market precisely when the news is most negative and investor sentiment reaches its lowest point. It's tricky during election years.
imho, the average person finds it difficult outperforming the market on a day-to-day basis. In actuality, most people who have the necessary abilities are advisors with experience since the '08 crash and beyond
Agreed, I once downplayed the role of financial experts until suffering 40% portfolio loss amid 2020 lockdown, at once I consulted a pro and my portfolio was revamped thankfully. As of today, I'm just about 10% shy of my $1m goal after 100s of thousands invested.
I did enroll in a handful of trading class, but that didn't help much. I've been advised by a few colleagues to seek the guidance of a competent advisor, please how did you go about doing so?
My CFA Carol Vivian Constable , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
This interviewer has EXCELLENT questions, asking for what price he thinks stocks would be at,
And the guest is fantastic as well giving his price estimates.... I truly appreciate this type of open talk
It's Jimmy Connor, thanks for the positive comment and for taking the time to view our content!
Chris is outstanding. He's clinical and objective. My emotions have hurt me in the past and Chris' approach is excellent.
It's Jimmy Connor, thanks for the comment and for joining our TH-cam Premier!
Thanks for sharing that!! I appreciate it!
One of the best shows in the business: practical, actionable ideas. I like it. Thanks from Cape Town.
It's Jimmy Connor, thanks for the positive comment and for taking the time to view our content! I have always wanted to visit Cape Town. Many say its' the nicest place on earth.
An excellent guest speaker - thank you.
How do i make money from the market crash? i want to redistribute around $200K stocks in my portfolio. what strategy should I use to maximize gains rn.
stock market crying with little down tick while we have been dealing with double digit real inflation for a year. consult with an advisor so you don't get burnt in the market.
you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited $560k in 2023 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
pls how can I reach this expert, there's bloodbath on my porfolio and I need someone to help me with it
'Sharon Ann Meny' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
Thanks, i did a quick web search and i found Sharon, i hope she responds to my mail.
Jimmy Connor has smart people and doesn't make long intros like others, which is a plus.
It's Jimmy Connor, thanks for the positive comment and for taking the time to view our content! Wish I had more of these!
Advisors are like weather forecasters..They only know for sure, yesterday’s weather..
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Forecasting is a tough game!
I always find it interesting in the comments that most people are welded to their bullish or bearish stance and dismiss any new information that doesn't suit their view
It's Jimmy Connor, thanks for the comment and for joining our TH-cam Premier!
@@BloorStreetCapital They do that in politics also.
@@donkeyhole2782 Oh yes they do and but in politics people are a lot more adamant about their political leanings. I think in business/investing people tend to change from bullish to bearishness.
Chris is an awesome contrarian indicator
Always reminder yourself, NO ONE HAS THE CRYSTAL BALL...
It's Jimmy Connor, thanks for the comment Jimmy and for joining our TH-cam Premier! You are 100% correct!
Chris Vermeulen of Technical Traders provides an update on last weeks price action and what to expect this week.
I was thinking the opposite. I was thinking the moderator was exceptionally good. Hence, I was surprised to see your negative comment on the moderator.
Chris is the best in the business. Saved my arse cannot thank him enough.
It's Jimmy Connor, thanks for the comment and for joining our TH-cam Premier!
I sold all of my stocks a week ago, I have been an active trader for over 30 years. I feel my luck had run out, the data is being manipulated and I'm not that smart.
It's Jimmy Connor, thanks for the comment and for joining our TH-cam Premier! Why did you sell? What exactly did you see?
@@BloorStreetCapital several things, mostly devaluation of the dollar, stagflation, theft.
Expect a rebound bounce into early September, then a continuation down
Correct. The numbers are always manipulated.
Excellent overview of the markets.🙏
It's Jimmy Connor, thanks for the comment and for joining our TH-cam Premier!
interesting and timely interview. great job.
Good time to buy the dips?
It's Jimmy Connor, thanks for the comment/question and for taking the time to view our content!
Thanks Chris
It's Jimmy Connor, thanks for the comment and for joining our TH-cam Premier!
Buffett selling Apple tells you everything you need to know, going all cash.
It's Jimmy Connor, thanks for the comment Mike and for joining our TH-cam Premier!
Cash and precious metals
He's old
@@dgaz3057 he is a billionaire
@@dgaz3057he’s richer than you
awesome content. Thank you guys
Excellent show. Thank you both.
It's Jimmy Connor, thanks for the comment James and for taking the time to view our content!
Do you think it's a good time to consider selling some stocks, or is it better to hold onto them for the long term? I remember selling 100k worth of NVIDIA years back and today, I still can't get over making the wrong decision out of rumors and hearsay.
Agreed, instead of following rumors or a hearsay, I adopted the service of an advisor early 2020 amid covid-outbreak, and after subsequent investments to date, I've attained my most significant financial milestone, just about 10% shy of $1m.
@@Biggerstaff4 i'm blown away! mind sharing more info please? i am a young adult living in Miami where i've encountered several millionaires, and my goal is to become one as well
Katherine Nance is my FA. Just google the name and you’d find necessary deets. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
excellent share, curiously inputted Katherine Nance on the internet, spotted her consulting page ranked top and was able to schedule a call session. Ive seen commentaries about advisors but not one looks this phenomenal
I dont even know where the stock market is headed to right now. my portfolio of around 200k is not increasing more than 5% and people are predicting a crash .
i'd advise you redistribute assets in your portfolio with the help of a pro so you don't get burnt in the market
Accurate asset allocation is crucial, I used hedging strategies to allocate part of my portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.
Amber Michelle Smith is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
what software are you using ? thanks
Lance, thank you for a common sense show.
It's Jimmy Connor, thanks for the comment Larry and for taking the time to view our content!
Hi, thanku about this video sir . Mr.Chris is really smart. I liked this video because there was no nonsense talk. But I am just afraid about this market everyday is new day in market full of surprises.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! It's going to be an interesting week!
This is wave 1 down not wave 3, you measure after the index non cons.
Thanks for the update, appreciate it:). On the Apple chart, isn't the measured move added from where the neckline brakes, and not from the high on the right shoulder, as Chris is showing??
It's Jimmy Connor, thanks for the comment/question! I will ask Chris and see what he says.
From Chris..."Yes from where the neckline breaks down. I think I also at the same time was showing how it’s very similar to a bear flag pattern and fib target, which both used the hight, not the neckline break."
@@BloorStreetCapital thanks for the answer:)
Thanks Jimmy and Chris, timely
It's Jimmy Connor, thanks for the comment Jim and for joining our TH-cam Premier!
Strong BUY. Still early innings. NVIDIA is the dominant leader in AI and the preferred technology partner globally. Even w new competition on the horizon, NVIDIA is far ahead of the competition. 85% market share. 76% margin. Unrivaled demand for new Blackwell chip. Demand far exceeds production for Blackwell through to 2025 and beyond. No competitor has anything close to Blackwell. And forward P/E is about 33 (cheap for a high growth stock). Buy this stock and wait. You will be rewarded.
Problem is that NVDA is addicted to the datacenter, their mobile offerings are terrible. Inference needs to happen at the edge (mobile) and training will not have the same amount of demand as time goes on. NVDA is a major bet on aggregation of resources (compute) but this is cyclical as we have seen dozens of major shifts in this industry. Remember when Citrix aggregated desktops with VDI and then it imploded because VDI has a problem with latency? AI Inference in the datacenter has the same problem with latency. AAPL and Samsung are the best buys for AI now that we are transitioning from training to inference.
When it comes to investment, diversification is key. That is why I have my interests set on key sectors based on performance and projected growth. They range from the EV sector, renewable energy, Tech and Health (AMD) alongside coins, and gold. I'm also working on an investment plan with my Fin. Advisor that includes AI looking into Nvidia, MSFT, Alphabet stocks among others. I've been utilising a financial advisor for more than 15 months now, and I've made over $800,000.
@@joshbarney114 I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Finding financial advisors like Marisa Breton Dollard who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thank you for this tip , I must say Marisa, appears to be quite knowledgeable. After coming across her webpage, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.
When was interview ?
It's Jimmy Connor, thanks for the comment Dan and for joining our TH-cam Premier! It was recorded last night.
Agreed!! I just use it for an indication of investor/trader sentiment.
Hi, I am pretty much new to all of this. Do you think the stock market could totally crash?
Thanks!
It's Jimmy Connor, thanks for the comment and for joining our TH-cam Premier!
It had good informative content
It's Jimmy Connor, thanks for the comment and for taking the time to view our content!
Why is it only called volatility when prices go lower?
It's Jimmy Connor, thanks for the comment/question Darren and for taking the time to view our content! Prices always fall significantly faster then they go up. People quite often say the market is an escalator going up but an elevator going down.
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
I definitely share your sentiment about these firms. Finding financial advisors like Monica Lisa Payne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
It's Jimmy Connor, thanks for the comment Stephen and for taking the time to view our content! I agree 100%!
Yea I'm not expert but I'm looking at the fear gages and they're saying buy. I'm looking at the yield curve, not time to sell just yet, at least not 100%. I think it'll be a buy the rumour sell the news event with interest rate cuts and the Fed. We still have 6 weeks. However, I wouldn't wait to sell at the next Fed meeting when the probability of a cut is near 90%, but selling off early now seems premature... I'm buying, but with hedges.
It's Jimmy Connor, thanks for the comment and for joining our TH-cam Premier! I have an interview coming out with Henrik Zeberg and he things the S&P will steady itself this week and move up to 6100 by October.
I agree markets could find a bottom this week and bounce for while. I don’t think the market is collapsing just yet..
Nvidia reminds me of CSCO back in 2000.
That is absofuckinglutely brilliant Chris. Where I live silver shot is abundant and inexpensive, so I bought a heap and I have been living off of it for a while now. Granules go for hundreth of a gram to a gram, and one can buy anything with them today, when I bought them nobody would touch them, everyone wanted Gold bars, today I am looking at processing Gold into shot!!
I love the way people bet their houses on silly little candlestick icons....
True, its amazing so many people can make so much money successfully doing it.
I've been doing doing it for 27 years, it's not about the little candlesticks, it's about what they represent and if you learn properly you'll make alottt more money than any long-term investor, I used to be one of those....
I like Chis one of my favorite probably sees things I do from every one on Wall Street very reasonable but I m a bit more bearish now
It's Jimmy Connor, thanks for the comment and for joining our TH-cam Premier! This will be an interesting week!
Glad you find my analysis helpful!😊
Chris does not include in his analysis AAPL’s low in the 2nd quarter from 164.08 to the new all time high in mid-July of 237.23. Mr. Buffett most likely would have held on a little longer … we know he LOVES to make money for his shareholders! lol…although before he sold, AAPL was over 50% of Mr. Buffett’s holdings! An enormous amount … so that is realistic in my opinion to re-evaluate his % to totals and reduce some. This of course all took place prior to the AAPL AI announcement! Chris neglects to include this as well. Next time Chris, you refer to Fibonacci’s but do not include them in your beautiful TOS charts. That would help your readers understand what you are referring to if you included them. I hope this helps you:-)
It's Jimmy Connor, thanks for the comment Susan and for joining our TH-cam Premier! I did not realize Apple was that large so it would be logical to reduce the weighting for that reason alone.
Is he talking about a Deas Cat Bounce or something else?
@19:00 Hearing Warren Buffet has sold a huge amount of stock, makes my decision to sell a week before him look better all the time. Pigs get fat, Hogs get slaughtered.
It's Jimmy Connor, thanks for the comment and for joining our TH-cam Premier! I love that quote about pigs...so true.
Do they tell you we are crashing before we crash?
Chris is a TA gangsta
Never too late to sell in a falling market….time to be in cash and pick it all up in 12 months when’s its tanked.
It's Jimmy Connor, thanks for the comment and for joining our TH-cam Premier! I agree.
monday morning quarterbacking.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! We are just trying to protect our wealth during this crazy times.
Great content
It's Jimmy Connor, thanks for the comment and for taking the time to view our content!
Just begining, don't look for bottom before s and p 500 declines at least 50 percent.
trying to barter w silver lol, you can also barter w 20 dollar bills. I love silver not because it is fungible but bc it is less so, so if I spent 300 on silver 2-4 years ago, it is highly likely I still have the same silver today. if I had 300 in bills it is highly likely I spent it on necessity or invested it in stocks.
It's Jimmy Connor, thanks for the comment and for joining our TH-cam Premier! Imagine walking into a Whole Foods or Walmart and trying to buy something with silver.
Too many buying puts and too many bears so the markets will rally. I think Dow rallys on monday.
It's Jimmy Connor, thanks for the comment and for joining our TH-cam Premier! This will be a fun week!
Now is not the time to be buying the dips...
I think the biggest mistake silver miners make is that they didn't call themselves a gold mine instead.
It's Jimmy Connor, thanks for the comment Glen and for joining our TH-cam Premier! I stay away from silver miners, just too complicated. This is why there are so few silver miners and why most eventually go into gold.
...until silver takes off
Looks like the 50% rule can be the time to buy.
It's Jimmy Connor, thanks for the comment and for joining our TH-cam Premier! Do you mean 50% on the S&P? That would be a big pullback.
Great show guys but not bullish enough on gold, its going much higher. Government debt at $35 trillion, interest payments of $1 trillion annually and growing. The entire system is a house of cards.
It's Jimmy Connor, thanks for the comment and for joining our TH-cam Premier!
💯
Maybe , maybe Not , May go on down !!!
show me fib support in 1987!
It's Jimmy Connor, thanks for the comment Richard and for joining our TH-cam Premier! Good point!
There are videos on TH-cam now that are AI generated. Be certain that you verify anything you see. Lots of false things going on.
Signals are always mixed. Fundamentals and macro blows wind at the market, drives sentiment and technicals, and that drives more buyers and sellers. Nobody really knows... What we do know is that the govt will keep printing more money...
It's Jimmy Connor, thanks for the comment Savana and for joining our TH-cam Premier! You are so right and the purchasing power of our dollars will continue to decline.
I've learned a lot about cryptocurrency advancements and want to get involved. I'm hoping to find a good mentor.
I think all you need is an expert assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached
Evelyn Turner is the professional that guides me and her optimal returns are really impressive
Yeah, I believe investing with a professional is the optimal approach, as it mitigates the risk of significant losses. Did you genuinely know her? I was under the impression that I was the sole beneficiary of her guidance through the challenges of trading.
Seeing a remark regarding my manager Evelyn Turner is quite energizing. It was just like this when I first met her a few weeks ago. Having started with just 4k about 2-3 weeks ago, I have already made it to 21 k. She is very remarkable!
Goodness gracious I'm so excited seeing Ms. Evelyn Turner been mentioned here also. Didn't know she has been good to other people too, this is wonderful because I also started with a TH-cam referral like this
Too late to sell? Just do nothing!!!
If everyone is selling, then im buying
Rule of the "greater fool" certainly applies in this market. Ask yourself why those in influential positions within the leading gainers are SELLING. It isn't because they believe there are additional gains ahead. Enjoy holding those empty bags.
@@realpropertymangement7640
Either that or they're taking profits, pushing pressure on the rest to sell. Then come back in cheaper.
When banks and real estate sold off this hard. 😮 I went to cash let the pyrite panners play like they have found the gold mine!😱😶🌫️
You probably shoulda mentioned that buffets trades are on a 90 day delay from being publicly known.
Side note: he also missed out on a bunch of money by selling when he did. (Not that he cares lol)
I liked the advice “to stay away from something if you don’t completely understand it.” I could have used that advice early in my trading days.
It's Jimmy Connor, thanks for the comment Jeff and for joining our TH-cam Premier!
Time to buy buy buy
No crash in USA
It's Jimmy Connor, thanks for the comment and for joining our TH-cam Premier! No crash yet but it's coming.
SPY at $509 premarket, took out $527 like a hot knife through butter.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Do you buy SPY in here? Ready for a pop?
@@BloorStreetCapital We went long VOO, and IWM into the close yesterday while we cut our longs in TLT in half, and sold all of our EDV in my tactical models. I'll only play this as a bounce into a lower high. The top is VERY likely in at the 5,650 level in SPX so this next move, will likely be a classic i ii, set up where you sell/short ii and buckle the heck up because we're heading to goblin town into the fall/winter. See you when SPX has a 3 handle on it.
Wouldn't be surprised if we get another high
It's Jimmy Connor, thanks for the comment Russell and for taking the time to view our content! I have Henrik Zeberg coming on this week and he says the same thing.
@@BloorStreetCapital Can't wait to see it! Thanks Jimmy.
Reading tea leaves and goats entrails... Let's see what my horoscope says...
Jimmy, you gotta work on your interview skill. Having questions in your head is not a preparation. You didn’t have any sharp questions, just a bunch of where do you see it going inquiries. You didn’t even let Chris to promote his own work and site at the end. I guess that may be OK if you paid him a lot of $$$ for the video, but man all in all this was a terrible interview.
But the guest was superb so I enjoyed.
It's Jimmy Connor, thanks for the comment Frank! . We organized and recorded this interview in a couple of hours on a Saturday. The purpose was to provide viewers what to expect in the coming days along with potential levels. We touched on the S&P, Nasdaq, gold, silver, copper and oil. What other questions did you want answered? With regard to promoting his own work, I typically let Chris do this but this time I took a different approach and I pitched his work in the beginning and at the end of the interview.
@@BloorStreetCapital I watch various interview TH-cam channels and they would have asked things like “If the Fed cuts the rate in September, does that change your forecast of market crash? Would that turn around the negative sentiment and propel the market to the new high?”, “What makes you believe that we’re not seeing 2022 type correction but rather a recession?”. Thought provoking, hypothetical, devil’s advocate questions rather than just “what’s going to happen to the prices of these asset classes?”.
But then this is your show. If that’s the show you want, I can’t complain.
@frankyhonnolus5528 congratulations... you win the award for the most annoying comment 🏆
@@frankyhonnolus5528 Those are good questions but not for someone who practices technical analysis. TA is all about price action. Fiscal or monetary policy is irrelevant. Check out my discussion with Danielle DiMartino or David Rosenberg...they are both economists so that is a totally different interview and we go deep on monetary and fiscal policy but I would never ask them about price action or charts.
Correct, whatever the fed does or any news/economic data take place it does not change my views. The charts will tell us when and asset prices and changed direction which could be before or after the event, does. It matter when as I follow price.
It's time to buy not to sell
It's Jimmy Connor, thanks for the comment and for joining our TH-cam Premier! Time will tell.
Great channel @@BloorStreetCapital
Now is not the time to be buying the dips... good luck
Oh nice here is Vermeulen. My fave contrarian investing talking head. Just do the OPPOSITE of what he says and you’ll be on the right side of EVERY trade.
Warren Buffett has said the market is overvalued. Not sure this is Armageddon, but certainly a correction.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Yep he is the richest man in the world for a reason.
It's good to sell just for tax right off purposes
It's Jimmy Connor, thanks for the comment and for taking the time to view our content!
What he is not taking into consideration is the company’s strength in the semi business…oversold, cannot run fast enough. Good long term position to have…listen and comprehend the earnings call and Jensen’s u-tubes.
Remember Cisco...
NVDA34K will be one of the biggest projects in the future. 2024 will be on fire 🎉
Appreciate everything you do for the NVDA34K community
Bought NVDA34K at 0.88 each, couldn't believe my eyes when I saw it soar past 1$.
I do see a recession coming our way no spending just nessities.
It's Jimmy Connor, thanks for the comment Paul and for taking the time to view our content! I agree 100%!
Best bet for 100x is going to be NVDA34K , once its on major exchanges it will explode.
"Michael Burry just added 7.3% of Gold to his portfolio" -Game of Trades
SCHWAB HAS THE LINES SHUT DOWN AND YOU CANNOT TRADE ONLINE TOTAL BS! MONDAY AUG 5TH
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Were you able to trade at the end of the day?
👍👍
Great video, subscribe !
It's Jimmy Connor, thanks for the comment and for taking the time to view our content and for Subscribing! Believe it or not but 90% of our viewers are not Subscribers.
I see NVDA34K everywhere. Could someone help explain what NVDA34K is?
It's almost October and the market still going up I don't understand blow more smoke please
You see . You should interview me I was on CNBC 8 years ago saying Trump will win and market will rally but did not air me cause they are liberals. Look I have my own formulas to time and price market. So
I see NVDA34K everywhere. Could someone explain what NVDA34K is?
It's a scam. Fraudsters trying to rally a fake-stock so desperate people go chasing it and buy into whatever new scam/ponzi they've designed. They do it all the time. They do it on every financial vlog comment thread. They do the same with fake "financial advisors". Only difference is the name changes. Don't buy into any of it.
I bought in NVDA34K at 1$ and it’s still surging. I think it’ll go to around 5$
Uvxy gone crazy.
Sell everything
Yep Im long gold and cash!
We are still in a bear market from 2022. We have been in a counter trend rally from November 2023 to a few weeks ago. 3500 will be retested on the S&P500 in the next 12 months.
I believe we will see stagflation as the economy slowly explodes.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Stagflation is a def possibility and if it happens it will be disastrous.
One thing I know is that Nvidia's NVDA34K will make people rich in 2024 only if we get in now .
I know, with absolute certainty, that the stock market will reach record highs once again some day in the not-too-distant future. It doesn't matter how far down it goes. It's because of a little thing called Greed.
Crash market fatigue is showing with most people. Most are so tired of hearing about the worse even though its true. We are being boiled slowly in the pot! I want to diversify my $250k portfolio.
I completely agree. It's not just about the dividends, Diversifying a portfolio can be a smart move, i always advise one gets a professional to help you out.
It's true, lots of folks downplay the role of advisors, I once needed a good boost in my furniture business so I reached out to the lady that occasionally appears on CNBC. She helped a lot to grow my reserve to over $275,000
Investing is more than watching TH-cam Videos and reading quarterly reports. Learnt this from reading Peter Lynch's book. They are people who do this for a living, use them to save yourself from the hassle. That's how I make money from the market to be honest.
pls how can I reach this expert, I need someone to help me manage my portfolio.
*Marissa Lynn Babula* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Buffett has sold off big time. I’d pay attention to him
It's Jimmy Connor, thanks for the comment Steve and for joining our TH-cam Premier! I agree 100%...he knows what's coming!
*"markets crashing AGAIN"* just had one in 2022 what is it this time? Don't need to be a risk genius these days. Long $t AT&T strong buy. Collapse in $sox happens *ALL THE TIME.*