Did Stocks Just Bottom?

2 years ago
8

Trader University
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𝐋𝐞𝐚𝐫𝐧 𝐓𝐨 𝐁𝐮𝐲 𝐀𝐧𝐨𝐧𝐲𝐦𝐨𝐮𝐬 𝐁𝐢𝐭𝐜𝐨𝐢𝐧:
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In this video, I discuss the surprising mid-day stock market reversal that took place yesterday, in the wake of a disappointing CPI number.

The market's reaction to news is often more important than the news itself. A strong stock market in the face of a really bad CPI number may be a sign that the market is looking ahead already to a Fed pause or pivot. It may also be just another bear market rally trap. Only time will tell.

As US Treasury Secretary Yellen becomes more and more worried about Treasury market dysfunction, the pressure on the Fed increases.

Further, the fact that Bitcoin's June lows are still holding also suggests that this Fed tightening cycle is close to being finished.

In the meantime, I continue to dollar cost average into Bitcoin at these very attractive prices.

Not investment advice! Consult a financial advisor.

CPI number comes in hot:
https://www.wsj.com/articles/us-infla...

Large stock market reversals in history:
https://twitter.com/sentimentrader/st...

Yellen says markets functioning well:
https://www.reuters.com/article/imf-w...

Yellen reverses herself two days later:
https://www.bloomberg.com/news/articl...

US bank SLR change coming?
https://twitter.com/fkronawitter1/sta...

CPI report not so bad after all?
https://twitter.com/BerezinPeter/stat...

US stock and bond returns and monetary resets:
https://twitter.com/DylanLeClair_/sta...

Check out my online trading courses:
https://www.trader.university/join
Use this secret coupon code to get a discount: YT99

Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guid...

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#stocks
#fed
#bitcoin

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