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Have Stock Markets Really Stopped Falling? Watch This Next

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Chapters8 segments · tap to seek
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Breakdown

0:09lesson

Nvidia scandal impacts markets

  • Nvidia scandal rattled markets at weekly open
  • Markets stabilized since
  • Questioning if reprieve will last
2:47lesson

S&P 500 and NASDAQ price action

  • S&P 500 rebalancing and retesting support level
  • 4-hour chart shows potential retracement or lasting change
  • NASDAQ at underside of range
  • Selloff after cracking levels
5:01lesson

Market sentiment and divergence

  • Lower lows without RSI divergence
  • Potential positive divergence
  • Bounce off levels could lead to positive close
7:26lesson

Currency dynamics and event risk

  • Aussie rising with risk-on move
  • Euro and pound on offense
  • Dollar on back foot
  • Potential long position in pound
9:57lesson

Inflation data and market implications

  • US inflation data expected to rise
  • Core rate inching up
  • Inflationary pickup: growth or cost-push?
  • Cyclical inflation concerns
12:25lesson

ISM data and AI narrative

  • ISM data shows manufacturing growth
  • Weakening momentum in backlogs, employment, inventories
  • AI demand pullback implications
  • Consumer demand concerns
14:58lesson

Fed policy and market expectations

  • Fed policy expectations remain dovish
  • Only one hike on the menu for 2024
  • Market repricing of rate hikes
  • Jobs data not affecting Fed expectations
17:54lesson

CPI and PPI data importance

  • CPI and PPI data critical for market direction
  • Chinese data sets up backdrop for US data
  • Cyclical concerns if consumers retrench
  • Investment boom unlikely to offset consumer shift

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