YOU Don't Usually See Stocks Do This...

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Published 2024-08-08
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All Comments (21)
  • @josephpurdy8390
    DXY, 10 year treasury yield, gold, and silver all going up is a bad omen. I seen it happen in June and December 2019.
  • @ttcc5273
    I must say thank you... learned a lot watching your channel.
  • Financials: Banks have always flourished when the rates of all there loans been raised (it's free money)....until the losses come. And they always come when the system no longer can't pay the intrests. Banks profits is not an indication of an healthy market. I have studied economic history and bought my first shares in 84 (but no one traded then, we just saved).
  • @Bobbygma
    Canucks here. Just came across your channel. Outfreakingstanding
  • @oceansunsetak
    I appreciated your comment: "Yes we can go higher" I wish back in the beginning of July you had said "We cannot go any higher than this." I never looked at my stocks that often during the lost decade. I remember I made more in money markets.
  • @rj2074
    Your daily videos are a must watch!!!!! Thanks for day after day coming back
  • @atix50
    The reason you're not seeing 'warning' in borrowing to service the property is because there's a huge # foreign cash buyers squirrelling away €$ in 'safe" countries. We're seeing this in Ireland 🇮🇪 too. Estate Agent owner (realtor) is a friend working in our expensive postcode & Chinese/Russian/UAE/Indian buyers are feverishly scooping up everything. Spending €800k+ cash on tiny 3 bed homes & over €2 million on classic 4 bed family homes. During 2007 peak, those properties were valued at less than half of those prices. Job losses & emigrating high skilled means renters in the market for expensive properties are thin on the ground, so they're either leaving houses empty or not concerned about ROI. There's no money being spent here. Businesses are closing & job losses are mounting. There's no dodging recession if the consumers have run out of steam.
  • @ruthlessluder
    When VIX was 60 I made so much money. Please bring it back!
  • @MikeAffholder
    This market is so hard to follow, sell off? Lost decade? New highs? Yikes 😅
  • @staceyfree88
    Thanks for all you do Tom .. I learn so much…. I am so grateful for your nightly vids 🎉
  • @aodwyer
    Great show as always, much appreciated Tom.
  • @baarbacoa
    I doubt the Fed is going to provide an emergency rate cut. I think the consensus opinion of economists for the past 2 years is that we're on the edge of recession. That was a major cause of the 2021-2023 bear market (remember all the rate cut predictions that never happened?). But the US economy keeps moving along with no real sign of recession. Obviously, there are sectors of the economy that are hurting. But the overall economic data is positive.
  • @Trader-Daz
    Tesla appears to be in the processes of making a inverse Head & shoulders on the 15 minute with divergence on the macd 🤔
  • @Inf
    Hi Tom Hi fx Evolution friendos!