Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape....
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience..
Always great Matt. The QQQ/IWM "indicator" is not particularly surprising though. I mean just take the top 1 or 2 weightings from the Q's and you have the entire market cap of the Russell 2000. The sheer strength of the numerator here ensures that moves in the ratio should be highly correlated with SPX.
Hi Matt, definitely interested in the QQQ/IWM. As I mainly trade SPX, occasionally RUT, I am very keen on small caps impact on SPX. I can assure you I’m listening to your RUT analysis every morning - I take my coffee break during the Qs 😂
Such a long video after making a Friday video. Impressive as always, young man! I was always baffled about anyone thinking there would be any rate cuts this year, and still not sure why there would or should be.
Hey Teacher. I’m with you on the rate cut. Seems > 90% think rate cut in August. I think the lack of pressure in the unemployment rate, plus potential increase contribution next month from energy (oil) makes me feel like a longer waiting game. But 90% disagree with me. So I guess we’ll find out soon. I’d like to hear from Kashkari. 😊
Thanks for all Matt. Great analysis as is the norm and much appreciated. Now to find my way over to the bird machine, since I'm seeing TB alerts pop over there. Thanks again and see in you the AM Prep!
QQQ also rejected the 161.8% FIB level this week (based on the top 408.71 on 11/22/21 and low of 254.26 on 10/10/22) as well, which may be another data point for the move down, or at least resistance.
In TradingView, when you choose a separate scale for the additional ticker you compare, you have to switch between linear and logarythmic scale for the second ticker separately. It's the "L" symbol in a square, when you hover the mouse over the price bar.
Hey Matt, instead of QQQ/IWM how about QQQ/RSP? IWM has so many wildcard factors that disproportionately affect it while RSP is more of stable base of comparison.
Thanks Matt!! I’m so pumped this week TSLA should be good time 🎉😅 cheers man have a kick ass weekend Btw is the MATTS DESK SETUP link is that the one that shows me how to see the intervals you display to spot aggressive sellers etc?
Thank you TB, another excellent weekend review and following week prep. Quite a horseshoe on the Thursday / Friday chart... without the late day sell off, feels clearly bullish. With it tho, trickier read. Regardless, thank you again, have a great week!!
🤷🏻♂️Speechless Well, I had another comment all ready to go, but- Praying for Former President Donald J Trump and his family! 🙏🏻 Speaking about the market seems inappropriate! Let’s pull it together America, unacceptable behavior!!!
After watching the first 10 minutes of the video, I’m convinced Matt didn’t know the news, as he was likely spending that time making this video…Please don’t take my first comment as a shot at you Matt! I meant, I was not in the mood…who knows what Monday will bring in pre-market. Apologize for any confusion!
Hi @iSpy, seeing the events here from Australia, our thoughts are with all of you. This is a world event and the world needs a strong America. I have every confidence the American people will rise to the occasion, but political violence has no place in the democratic battle of ideas. I hope some people reflect on some of the rhetoric we’ve been hearing over many months and years now. God Bless America.
50/50. Markets can react that Trump may be risky due to attempts . Or markets could rally due to Trump being still active . 😂. How to bet on Monday on this news now
Are we gonna get another "Calm Down My Sweet, Sweet Bulls" video today? You know, the "Nothing's wrong, BUY, BUY, BUY! The Trend Remains Bullish!" video? 😂😂🤣🤣😂😂
EV sector charging towards 100 % + Gains this Summer. Up 66 % month. Rivian.. Lucid up 68 % month. Zapp rising 27 % Friday. FSRNQ.. Fisker up 5 %..QS rising 17 % Friday as total 2024 EV sales aim for a new record 17 million vehicles. Thumbs Up video/ comments. Thanks.
