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Market Crash Avoided? Nick Santiago 10-11-23 #534

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Manage episode 379519611 series 3281026
Content provided by Kerry Lutz. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kerry Lutz or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
1. Market rally after a lower open on the back of the hotter than expected job report. PPI up %0.5, a little hotter than expected. Markets are testing a big head and should neck line. A lot of bumpiness ahead.
2. US Dollar index is falling and that is helping stocks. Dollar has had a good pullback.
3. Oil is pulling back and that is helping markets.
4. Nat gas is breaking out.
5. Gold has caught a big bid on the back of the weaker dollar.
6. Bitcoin is weaker. Daily chart is weak.
  continue reading

558 episodes

Artwork
iconShare
 
Manage episode 379519611 series 3281026
Content provided by Kerry Lutz. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kerry Lutz or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
1. Market rally after a lower open on the back of the hotter than expected job report. PPI up %0.5, a little hotter than expected. Markets are testing a big head and should neck line. A lot of bumpiness ahead.
2. US Dollar index is falling and that is helping stocks. Dollar has had a good pullback.
3. Oil is pulling back and that is helping markets.
4. Nat gas is breaking out.
5. Gold has caught a big bid on the back of the weaker dollar.
6. Bitcoin is weaker. Daily chart is weak.
  continue reading

558 episodes

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