Download Carl’s Bear Market Survival Guide e-Book:
https://www.thinkmarkets.com/au/lp/2023-bear-market-survival-guide-ebook/
If there’s been one consistent criticism of the recent bull market in US stocks, it’s the lack of breadth. This means, the rally has been driven mainly by just a few massive technology companies like Apple, Amazon, Microsoft and Nvidia.
I have been monitoring the situation closely. In my Global Macro webinar today, I noted a few super important clues indicating the rally in stocks might be broadening out to what I called “the universe of everything else”. It is certainly a tantalising prospect, a broad-based bull market in stocks.
But! There are several factors which could scuttle the fledgling bull. The main concern is renewed weakness in Chinese stock and property markets. It just a matter of time, perhaps, until this weakness drags down global commodity markets, and quite possibly stocks also.
Let us set out on a tour of every important commodity, stock, forex, and crypto market telling you exactly what you need to know to grow and protect your portfolio!
Learn More, Earn More!
Want your portfolio questions answered? Register for next week’s Live Market Analysis sessions and attend live! You can ask me about any stock, index, commodity, forex pair, or cryptocurrency you’re interested in.
You can catch the replay of the last episode of Live Market Analysis here:
Buy these Tech Giants, but NOT these…Bull market changes gear
This Week’s Video Highlights
00:00 Introduction
01:10 NASDAQ Composite Index
09:20 S&P500 & S&P500 Equal Weight, Russell 2000, S&P400 Midcap, S&P600 SmallCap
10:50 KBW NASDAQ Banking BKX & Regional Banking Indices KRX
11:20 Cboe SKEW Index and VIX Index
11:45 Dax 40 Index (Germany)
12:15 Nikkei 225 (Japan)
14:00 China A50 Index, China stimulus measures, CSI China Mainland Property Index, Hang Seng Mainland Property Index
16:25 International bond yields
17:45 High Grade Copper COMEX
19:30 Iron Ore Shanghai (y/t)
19:50 London Metals Exchange Aluminium, Nickel and Copper
20:45 Lithium Carbonate 99.5% China, Lithium Hydroxide 56.5% COMEX
23:10 Uranium
24:35 Coking Coal and Thermal Coal
26:30 Brent and West Texas Crude Oil
28:40 RBOB Gasoline
30:30 Spot Gold vs $US XAUUSD
32:10 Spot Silver vs $US XAGUSD
32:50 AUDUSD and interest rate expectations in Australia, RBA possible July meeting moves
38:45 Forex trades: GBP/CHF, CHF/JPY, GBP/JPY, USD/JPY, CAD/AUD (includes discussion of what makes FX move! Also, how to trail a stop loss on a winning trade)
50:20 Hang Seng Index (Hong Kong)
53:30 US Housing Sector vs Lumber
54:15 ThinkMarkets Traders Summit Melbourne 22 July
55:40 ThinkMarkets offers