Navigating Uncertainty: How to Avoid the Bull Trap and Stay Bullish
🟢 BOOKMAP DISCOUNT: https://bit.ly/3F8qdGb
🟢 TRADE IDEAS & DISCORD: https://www.patreon.com/figuringoutmoney
🟢 TRADE WITH IBKR: http://bit.ly/3mIUUfC
______________________________________________________________________________________________
In today's video we discuss the following key points and more...
- The evidence suggests that this could be a bull trap in the stock market.
While the chart looks good on the surface, there are red flags when you look closer.
- The market is experiencing a lot of chop due to concerns about the debt ceiling and uncertainty around Powell's actions.
Some areas of the market are decisive, such as technology, communication services, and discretionary sectors.
- The S&P 500 is showing consolidation patterns and may experience a gamma squeeze if it breaks above certain levels.
- Month-to-date performance shows mixed sentiment, with some assets like Bitcoin down while others like the S&P 500 and technology sectors are up.
- The 10-year yield has been on a significant rise, while commodities like oil and copper are down.
- Market bottoms are typically associated with sectors like discretionary, communication services, and technology performing well.
- Caution is advised as previous bear markets have seen stocks like Apple, Amazon, and Nvidia experience significant moves before further downside.
- The yield curve is signaling a potential recession, with rising yields and negative rate of change in oil prices.
- The dollar and S&P 500 correlation is typically negative, but it has recently shown some positive correlation.
- The dollar's recent rise and the S&P 500's upward movement could indicate a bull trap.
- These bullet points can be used to summarize the main points for your YouTube description.
🔔 Subscribe now and never miss an update: https://www.youtube.com/c/figuringoutmoney?sub_confirmation=1
📧 For business inquiries or collaboration opportunities, please contact us at FiguringOutMoney@gmail.com
📈 Follow us on social media for more insights and updates:
🟢 Instagram: https://www.instagram.com/figuringoutmoney
🟢 Twitter: https://twitter.com/mikepsilva
______________________________________________________________________________________________
______________________________________________________________________________________________
DISCLAIMER: I am not a professional investment advisor, nor do I claim to be. All my videos are for entertainment and educational purposes only. This is not trading advice. I am wrong all the time. Everything you watch on my channel is my opinion. Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel :)
#stockmarket #sp500 #technicalanalysis
-
20:51
Figuring Out Money
1 year agoJune Stock Market Outlook - Unveiling Hidden Opportunities and Navigating with Caution
5 -
19:53
Figuring Out Money
3 years agoA WEEK OF UNCERTAINTY FOR THE STOCK MARKET...THIS SHOULD BE FUN
3 -
0:59
The Moving Average
6 months agoNavigating Financial Uncertainty
2 -
20:18
EricKrownCrypto
2 years agoBitcoin Traders Should Avoid This Trap On Price
1071 -
12:20
StockTradingTips
1 year agoINTC Price Volatility Ahead? Expert Stock Analysis & Predictions for Fri - Stay Informed!
14 -
13:30
Discover Crypto
1 year agoBULLISH on Optimism? (Price Prediction Department)
2994 -
11:13
StockTradingTips
10 months agoNavigating F's Market Shifts: In-Depth Stock Analysis & Predictions for Thu - Stay Ahead
-
0:15
BullishBearish
9 months ago📈 “Navigating the Markets: Join me on my Trading Journey as BullishBearish” 🐃🐻
38 -
5:20
EricKrownCrypto
2 years agoHow To Deal With Overconfidence In Trading.
9 -
11:29
StockTradingTips
1 year agoNavigating AMD's Market Shifts: In-Depth Stock Analysis & Predictions for Tue - Stay Ahead!