highlight of the week. As soon as I am done with other training course, I am re-signing up with Peter and the Shadow Traders. Great content. Great leadership.
There were 2 main big things going on this week: 1 - Bond vigilantes are out in force, especially this Friday. 2- the AI trade is on the verge of being unwound. These are monumental, trend-setting developments.
@Brandon-ld5vh The XLU is a distant afterthought. The bond market is a behemoth that can wreak havoc on the entire US and global financial system. NVDA on the other hand is $3+ trillion market cap with twice the volatility of Apple.
@ yes I am aware but the low rates/high rates narrative that both have equally led to new SPX highs has shown the market cares less about the bond market. All correlations have been broken in this market. Was just noting a trend change in a product, w Walmart that has gone parabolic. My theory, even a recession won’t help Walmart.
it is called a Bullish Harami pattern which shows a potential reversal pattern...it does not mean continuation of the actual trend...It needs another confirmation candle to be sure that the reversal will occur...if there is no confirmation signal the next session then we might say that it will go down...if you do not know how to read the candlestick charts how on earth you go and have a channel on youtube....go and learn the candlesticks and then give your opinion to the general public..do not confuse the people who think you are a professional...
highlight of the week. As soon as I am done with other training course, I am re-signing up with Peter and the Shadow Traders. Great content. Great leadership.
I can't miss any of these recaps!
Awesome Video! Loved it! Thank you!
Excellent analysis thanks Peter 😊😊
As always, Thank You Peter! Have a wonderful weekend.
Unemployment rate went up from 4.05 to 4.14. Both round to 4.1
Great point out, thank you.
Thx Peter
Once again, very useful news. It's interesting to note that the last green bar on the NDX, is almost right on the 50 EMA on daily chart...😊
There were 2 main big things going on this week: 1 - Bond vigilantes are out in force, especially this Friday. 2- the AI trade is on the verge of being unwound. These are monumental, trend-setting developments.
something else shifted as well in the market narrative, they went after XLU
@Brandon-ld5vh The XLU is a distant afterthought. The bond market is a behemoth that can wreak havoc on the entire US and global financial system. NVDA on the other hand is $3+ trillion market cap with twice the volatility of Apple.
@ yes I am aware but the low rates/high rates narrative that both have equally led to new SPX highs has shown the market cares less about the bond market. All correlations have been broken in this market. Was just noting a trend change in a product, w Walmart that has gone parabolic. My theory, even a recession won’t help Walmart.
Nice production improment since 2020.
coolest trader out here man, thanks for keeping us posted and always in the loop! cant wait to be like ninjatrader when i grow up lol
Thank u sensei
Very good input. I am SUPER neutral....
Always a great techincian
The only thing I noticed on NDX was it also did not retrace all the way up to Thursday high… while S&P did…
Lots of non-private government worker hiring prior to the election.
Great video, but Peter seems to avoid using the word "crossover" at all costs!
All sectors actually did go down on Thursday
Thanks🎉
Best intro music eva
it is called a Bullish Harami pattern which shows a potential reversal pattern...it does not mean continuation of the actual trend...It needs another confirmation candle to be sure that the reversal will occur...if there is no confirmation signal the next session then we might say that it will go down...if you do not know how to read the candlestick charts how on earth you go and have a channel on youtube....go and learn the candlesticks and then give your opinion to the general public..do not confuse the people who think you are a professional...
Reason could be that the market knows that the data is all incomplete.
Shooting Star....
Don't dilly dally weekly ....... buying dips NOW
Put sales are just so dangerous. They can work great until you get scorched.
Not if you do them using T/A. You get scorched if you just sell the 30 delta or go according to what premium you are collecting.
This is a bug buy signal