Will Institutions Unloading Billions In Stocks Result In A Major Market Reset?

ByTTT

James Connor of Bloor Street Capital and I had the opportunity to talk about the markets and economy on Wealthion.

The central question James asks is, “Do we just keep riding this wave until it breaks or should we take a more defensive stance?”

Interview recorded on October 7, 2024

Sign up for my free Investing newsletter here

To answer the central question, James and I discussed the following key topics:

  • 1:56 – The Macro View: Diving into the indicators behind the scenes that show the economy is slowing down.
  • 4:28 – S&P 500 Analysis and Fibonacci Extensions: Is there more upside to the recent momentum of the S&P 500? How does institution selling affect the markets?
  • 7:27 – NASDAQ Analysis: Will momentum take the Nasdaq to $2100? Why is it important for tech to be leading the way?
  • 8:44 – Nvidia Analysis: After a large decline over the summer, has Nvidia been cleansed enough to launch higher?
  • 11:22 – China’s Equity Market Surge Analyzed: What’s my take on the recent massive surges in the Chinese markets?
  • 15:41 – Interest Rates and Bonds ($TLT) Outlook: Looking at the chart of TLT as a gauge to see how interest rate cuts affect the markets.
  • 18:26 – Oil Price Outlook: What are my thoughts on the direction of oil?
  • 21:20 – ExxonMobil and Energy Sector Strength: What do the charts show? Are strong energy stocks a sign of trouble on the horizon?
  • 24:15 – Gold’s Run and Future Prospects: Where do I see gold going?
  • 27:52 – Gold Equities Analysis: Looking at the chart for Newmont, is there potential for it to run higher?
  • 32:38 – Silver’s Potential vs. Gold?: Will silver reach the $34-$36 range?
  • 35:14 – Uranium and Nuclear Energy: The Sprott Physical chart for uranium is showing a lot of strength. Will it follow through?
  • 39:09 – Markets/Macro Outlook for the Next Few Quarters: Will the catalyst that drives the markets and economy into a recession be a repeat of something in the past or something brand new?

To learn more about my Asset Revesting strategies, click on the links below!

Get Consistent Growth Strategy Trading & Investing Signals 
https://thetechnicaltraders.com/investment-solutions/

Read a brand-new book!
Asset Revesting

Chris Vermeulen
Chief Market Analyst
TheTechnicalTraders.com

Disclaimer: None of this material is meant to be construed as investment advice. It is for education and entertainment purposes only. The video is accurate as of the interview date but may not be accurate in the future.