Did Stocks Just Bottom?

𝐋𝐞𝐚𝐫𝐧 𝐓𝐨 𝐁𝐮𝐲 𝐀𝐧𝐨𝐧𝐲𝐦𝐨𝐮𝐬 𝐁𝐢𝐭𝐜𝐨𝐢𝐧:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.

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-inflation-september-2022-consumer-price-index-11665628037

Large stock market reversals in history:
https://twitter.com/sentimentrader/status/1580650746462097408/photo/1

Yellen says markets functioning well:
https://www.reuters.com/article/imf-worldbank-usa-yellen/u-s-treasurys-yellen-markets-are-functioning-well-idUSS0N2ZA01Y

Yellen reverses herself two days later:
https://www.bloomberg.com/news/articles/2022-10-12/yellen-worries-over-loss-of-adequate-liquidity-in-treasuries

US bank SLR change coming?
https://twitter.com/fkronawitter1/status/1580524568195739648

CPI report not so bad after all?
https://twitter.com/BerezinPeter/status/1580548761881038849

US stock and bond returns and monetary resets:
https://twitter.com/DylanLeClair_/status/1580867995521339397

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-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5

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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