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Stocks Are in Liquidation Mode. Will the Jobs Report Make It Worse?

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ticker lesson

Breakdown

0:09lesson

Markets bearish, election-driven bounce

  • Markets crashing, election digestion
  • Relief bounce from event risk
  • Trend still down
  • Short position added on bounce
2:40lesson

NASDAQ weak, short positions added

  • NASDAQ soggy, failed to reclaim support
  • Short added on breakdown
  • Interim support possible
  • Major inflection point tested
5:08lesson

Gold support, bond market dynamics

  • Gold breaking former support
  • Bonds hitting vertigo level
  • Gold finding support amid carnage
  • Dollar strength noted
7:35lesson

Currency responses, risk-off environment

  • Canadian dollar reprieve
  • Australian dollar slammed
  • Aussie attempting bottom
  • Bitcoin holding support
10:23lesson

Macro data focus, Fed rate hike expectations

  • Non-farm payrolls expected
  • Rate hike odds weakened
  • Probability of December hike 65.4%
  • Market leaning toward Fed view
13:01lesson

GDP growth concerns, investment vs consumption

  • Investment outcontributing consumption
  • Consumption at 68% of GDP
  • Investment at 14% of GDP
  • AI building boom as growth driver
15:47lesson

ISM data, service sector slowdown

  • Service sector cooling
  • Employment up, new orders slowing
  • Demand impetus weakening
  • AI manufacturing still strong
18:26lesson

Economic risk, market positioning

  • Serious economic risk from weak demand
  • Jobs report could trigger more selling
  • Long gold, short USD currencies
  • Long Bitcoin as lottery ticket
20:56lesson

Trading strategy, market outlook

  • Bearish exposure on stock side
  • Put verticals in NASDAQ and S&P
  • Bonds position added
  • Macro money wrap-up

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