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Markets Are Selling the News on Everything. Is a Big Turn Coming?

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Breakdown

0:12lesson

Markets in flux, big trend change ahead

  • Earnings reports shaping macro picture
  • Amazon down 4% after missing EPS
  • Intel beats EPS by 30%
  • Markets dump stocks after earnings
  • Pattern of correction after earnings
2:59lesson

Price action and market rhythm

  • S&P 500 facing resistance at 7800
  • NASDAQ hitting range bottom
  • Crude oil in consolidation
  • Bonds rising as yields fall
  • Inversion of war trade dynamic
5:27lesson

Precious metals and bond dynamics

  • Gold and silver breaking key levels
  • Crude oil holding upper shelf
  • Bonds rising as yields fall
  • Inversion of war trade dynamic
  • Eurozone bond spreads widening
8:08lesson

Eurozone stress and dollar weakness

  • Eurozone bond spreads widening
  • French bond market stress
  • Euro unable to sell off
  • Dollar weakness evident
  • ECB leadership change positive
10:50lesson

Fed policy and market expectations

  • Fed hawkish stance on inflation
  • Rate hike expectations diluted
  • 77% chance of December hike
  • Markets not buying Fed's message
  • GDP growth strong but uneven
13:35lesson

Market reaction to Fed and earnings

  • Markets not reacting to Fed's hawkish stance
  • Earnings broadly as expected
  • No speculative juice in data
  • GDP growth strong but uneven
  • Markets shifting to cyclical concerns
15:50lesson

GDP breakdown and economic dynamics

  • GDP growth at 3.4% annualized
  • Consumption contributing 2.52%
  • Investment contributing 3.27%
  • Net exports dragging down GDP
  • Consumer vulnerability to cost of living
18:20lesson

Market positioning and trade signals

  • Markets shifting to cyclical concerns
  • Short gold and dollar
  • Long euro, pound, CAD, and Aussie
  • Long bonds and oil
  • Markets booking trades in reverse
24:18lesson

Market sentiment and trade implications

  • Markets selling the fact
  • Shift from growth to cyclical concerns
  • Shorting risk assets
  • Longing safe-haven currencies
  • Markets in sell-the-news mode
27:03lesson

Market outlook and positioning

  • Markets in sell-the-news mode
  • Shift to cyclical concerns
  • Shorting risk assets
  • Longing safe-haven currencies
  • Markets booking trades in reverse

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