Chris Temple, Founder of The National Investor joins me for a look at the US markets and their inability to reach all time highs. This very well could be all part of a longer term topping pattern. We also spend some time discussing the Fed and how divided they are. Making future policy out of the Fed all the more cloudy but quite frankly the Fed is nothing more than market reactive.
Outlining the short and mid-term outlook for US markets, bonds, and gold
Dana Lyons kicks off today with his outlook and trading strategy for US equity markets, bonds, and gold. Dana has been calling these moves very accurately over the past year and really should be listened to for all the traders out there.
US Markets, Quadruple Witching Day, Microsoft and Target News, and Oil
With US markets pushing higher to new highs on the back of a slightly more hawkish Fed there are some internals that need to be noted. Joel Elconin, Co-Host of the Benzinga Pre-Market Prep Show joins me for a couple comments on these market internals. We start with the quadruple witching day which is tomorrow and typically results in some noteworthy swings beforehand and possible trend changes. We also discuss Microsoft and Target which just announced share buybacks and an increase in dividends in Microsoft’s case.
Geopolitics now impacting the oil market… What to watch for is this escalates
Chris Temple, Founder of the National Investor joins me for a look at the significance of the recent attacks on the Saudi oilfields over the weekend. This is causing the price of crude to spike however it very well could be very short lived. What’s important for investors is to look at an reaction from other countries especially the US. Also will this bounce have any impacts on future economic data?
Hour 1 – Recapping The Beaver Creek Conference and Change In Investing Money Flows
It was a busy week for me at the Beaver Creek conference. I had over 30 meetings which impeded me from recording daily editorials. I’ll be back to it next week with my full slate of guests.
I managed to record this weekend show’s full hour before traveling home on Friday morning. Most of the show this week is focused on the previous metals and resource stocks. I hope you all enjoy and have a great weekend!
Segment 1 – Chris Temple, Founder of the National Investor, kicks off the show by recapping the week. We discuss trade “developments” and the new ECB QE program. We also look ahead to the Fed next week as well as the shift in markets.
Segment 2 and 3 – David Erfle, Founder of the Junior Miner Junky, and I recap the Beaver Creek investment conference we attended this week. We look at the expectations for gold and the stocks that caught out eye… Please note we recorded this in Friday morning. The comments Dave made regarding silver and the levels he was watching were all made before the breakdown happened. It makes the numbers all the more important.
Segment 4 – Jayant Bhandari wraps up the show by sharing his trading strategy and a couple stocks he likes.
The World Just Took A Step Back From The Financial Edge
With all the fear in in markets around the world it seemed like we were at the edge of a cliff. After the bounce in markets and yields globally there might be a sense of calm. Marc Chandler and I recap how the trading last week impacts the overall fear in the markets.
Dana Lyons joins me to share why he is selling into the pop in the S&P. The strategy of sell the rip for risk on assets and buy the dip in safe asset has been working for Dana and his clients. We also discuss the potential length of the reversal that started yesterday.
Trade optimism is reversing markets today- Here’s what’s important for the long term trends
Overnight we got news that the US and China are going back to the negotiating table in early October. This is popping US markets over short term resistance levels and hitting the precious metals. Chris Temple joins me to outline what is actually going on with these trade talks. We also discuss if this changes his portfolio strategy and what it would take on the trade front to delay the expected recession.
Chris Vermeulen, Founder of The Technical Traders joins me to take a look at the precious metals market and assess the other markets that need to be noted. We start with the USD and the recent relationship between the two. Next is the action in silver and platinum as they are playing catch up. Finally we look at the US markets and the potential of a breakout higher or breakdown and how each of these would impact the PMs.