After the previous week's wave of selling, the S&P 500 came roaring back. What should we look for in terms of assessing "is it over" vs. "more downside to come" odds?
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...i have delve deeply into active trading and managed to grow a nest egg of around 127k to a decent 532k... I'm especially grateful to Flora Elkin, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..
It's unexpected to come across her name here. She understands every beginner’s intention and fix you to a trading course that matches your capacity, she knows her stuff! Her advice has been invaluable to my trading journey. Definitely worth giving a shot!.
It is really refreshing to see a comment about Flora Elkin.I have worked with her also for months now, reached out after reading more about her on the internet. she simplifies matters, whether it's a market surge or drop; her approach consistently keeps you ahead of the trend, She's a guru i'll say
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary
Nice to see this here, Flora Elkin's understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her siignals are top notch
In summary: [a] Secular bull market intact. 🐂 [b] It’s normal for 3% to 5% mild corrections and a 10% correction once a year. Corrections provide opportunities to add excellent businesses to your stock portfolio (example: Meta, Apple, Google, and other stocks). [c] NASDAQ Composite index went through a correction of 7.95% so far in April 2024. Likewise, S&P 500 when through a correction of 5.90%. [d] Look out for seasonal volatility as we move into May 2024. 🐻
The calm and clear voice of the narrator is very soothing. With extended resurgence of Alphabet & Microsoft, and recovery of Nvidia: concentration of investment is getting even higher. From Magnificient 7 to Fabulous 5 to now Fantastic 4 [Amazon, Microsoft, Alphabet and Nvidia]. General market rally has not happened yet. With inflation and high interest continuing to persist [longer than anticipated in Jan '24]. This economic situation further erodes pricing power and margins of small cap & mid cap companies. While, P/E ratio of Fantastic 4 & a handful of other tech/non tech companies continue to bloated. Such situation [if it persist for long] may cause Meta-esque and Nvidia-esque correction of 10% or more in a single stock going forward.
I’m looking back 100 years and my small caps have yielded 10.5% average per year. I can handle that historic fact. My time window is literally forever long. I will take the market ups and downs because market timing KILLS. I’m so flexible I’m not going to worry about it.
When you work on something that only has the capacity to make you 5 dollars, it does not matter how much harder you work - the most you will make is 5 dollars.
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian.
The thing I always ask myself when the market fluctuates lower is… Is the predominate trend still in place, is my portfolio still aligned with this trend? If the answer is yes meaning the predominate trend has not been broken (new lower-low) then… Do nothing if not buying. Thanks for making this decision much simpler.
Would it be possible to delve into who these buyers are? I wonder what the ratio of buyers are fund managers vs the Fed vs individuals vs international?
Chris doesn't consider seasonality, but my work shows it's an influence consistently, and we're going into a worse time. And I'm seeing some other cracks, but overall I do agree, we're still in a longer term uptrend.
Nice recap on status, last daily cycle check - end of next week may see SPY turn back down. Further downside if Rates are not lowered = bad for IWM & more, XLE rising, slowing GDP continuing, unemployment rising faster, DXY rising. As it stands, the unknowns on this are creating volatility itself.
just look at copper, oil, and the yen, that's all you need to know. I'm long stocks, but this market may be volatile and may just chop sideways for months.
While my portfolio would be better off if the Bears are the ones getting the whipsaw, I'm afraid this week it will be the Bulls getting the whipsaw. The $$$ and %%% are rising - not all that good for stocks in the short term - and rates cut hopes that brought about this rally will be totally dead.
ok, you have totally baffled me at 8:41 of your video. Both the nasdaq and the s and p are at or near all time highs. But you have a chart that says the high was back in 2021. I have no clue to what you are showing here, I am sure that it is me, but please explain.
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...i have delve deeply into active trading and managed to grow a nest egg of around 127k to a decent 532k... I'm especially grateful to Flora Elkin, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..
I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this
It's unexpected to come across her name here. She understands every beginner’s intention and fix you to a trading course that matches your capacity, she knows her stuff! Her advice has been invaluable to my trading journey. Definitely worth giving a shot!.
It is really refreshing to see a comment about Flora Elkin.I have worked with her also for months now, reached out after reading more about her on the internet. she simplifies matters, whether it's a market surge or drop; her approach consistently keeps you ahead of the trend, She's a guru i'll say
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary
Nice to see this here, Flora Elkin's understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her siignals are top notch
In summary:
[a] Secular bull market intact. 🐂
[b] It’s normal for 3% to 5% mild corrections and a 10% correction once a year. Corrections provide opportunities to add excellent businesses to your stock portfolio (example: Meta, Apple, Google, and other stocks).
[c] NASDAQ Composite index went through a correction of 7.95% so far in April 2024. Likewise, S&P 500 when through a correction of 5.90%.
[d] Look out for seasonal volatility as we move into May 2024. 🐻
Thank you for saving me 20 minutes of my time
We shall remain with a flexible, unbiased and open mind!
Great research and market commentary. Always appreciated. Thank you Chris and Kathy!
Thanks for your consistent and excellent work- I look forward to this every week!
Thanks as always, so much value in your videos!
great video everyweek 😍
One green week and Chris is like "BEARS ARE IN SHAMBLES"
I love this channel.
One green week? Market bottomed almost two years ago...
@@alextsukanov3536 And I was buying then. I ain't now.
Thank you Chris.
Was so looking forward to this video 😂🎉❤
The calm and clear voice of the narrator is very soothing.
With extended resurgence of Alphabet & Microsoft, and recovery of Nvidia: concentration of investment is getting even higher.
From Magnificient 7 to Fabulous 5 to now Fantastic 4 [Amazon, Microsoft, Alphabet and Nvidia].
General market rally has not happened yet. With inflation and high interest continuing to persist [longer than anticipated in Jan '24]. This economic situation further erodes pricing power and margins of small cap & mid cap companies. While, P/E ratio of Fantastic 4 & a handful of other tech/non tech companies continue to bloated.
Such situation [if it persist for long] may cause Meta-esque and Nvidia-esque correction of 10% or more in a single stock going forward.
I appreciate your videos 🫵🏼 are the man 💯
I’m looking back 100 years and my small caps have yielded 10.5% average per year. I can handle that historic fact. My time window is literally forever long. I will take the market ups and downs because market timing KILLS. I’m so flexible I’m not going to worry about it.
Good video. Tk you..
When you work on something that only has the capacity to make you 5 dollars, it does not matter how much harder you work - the most you will make is 5 dollars.
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
I'm surprised that you just mentioned and recommend Mr Brian Nelson. I met him at a conference in 2018 and we have been working together ever since.
Looks good. I've been doing some dip buying!
Coffee and Ciovacco Capital every Saturday morning
very good
The thing I always ask myself when the market fluctuates lower is… Is the predominate trend still in place, is my portfolio still aligned with this trend? If the answer is yes meaning the predominate trend has not been broken (new lower-low) then… Do nothing if not buying. Thanks for making this decision much simpler.
Thx Chris!!
Would it be possible to delve into who these buyers are? I wonder what the ratio of buyers are fund managers vs the Fed vs individuals vs international?
Chris doesn't consider seasonality, but my work shows it's an influence consistently, and we're going into a worse time. And I'm seeing some other cracks, but overall I do agree, we're still in a longer term uptrend.
Nice recap on status, last daily cycle check - end of next week may see SPY turn back down. Further downside if Rates are not lowered = bad for IWM & more, XLE rising, slowing GDP continuing, unemployment rising faster, DXY rising. As it stands, the unknowns on this are creating volatility itself.
just look at copper, oil, and the yen, that's all you need to know. I'm long stocks, but this market may be volatile and may just chop sideways for months.
We shall look at selective data & charts to support my always bullish agenda (as I get paid on fees) and sprinkle in clichés
Would love to see recognition of glaring divergences.
Flexible unbiased open mind and super mega bullish
🙏🙏🙏🙏🙏🙏🙏
While my portfolio would be better off if the Bears are the ones getting the whipsaw, I'm afraid this week it will be the Bulls getting the whipsaw. The $$$ and %%% are rising - not all that good for stocks in the short term - and rates cut hopes that brought about this rally will be totally dead.
ok, you have totally baffled me at 8:41 of your video. Both the nasdaq and the s and p are at or near all time highs. But you have a chart that says the high was back in 2021. I have no clue to what you are showing here, I am sure that it is me, but please explain.
that's a ratio chart of nasdaq to s&p (one divided by the other) to show relative strength. it's not the individual nasdaq or spy
@@tradingwithwill7214 Thanks, it's obviously way above my ability to comprehend, however. So how does someone do this?
March, 2008 vibes.
Just sayin'