In particular, Greg @marketreport and I discuss others' prediction of the crash of the dollar on Wednesday, June 21, Amazon's Whole Food takeover, the Fed, Bonds, The Dollar, Equities, Fair Valuation, and YOUR QUESTIONS HERE!
<iframe width="560" height="315" src="
frameborder="0" allowfullscreen></iframe>The Maestro!
www.themaestroway.com
Great guest you have here
Great Interview
Good work on these interviews. But you're still tiny. Can you get software to be like the Greg Hunter interviews, where its split screen then switches to guest feed when they're talking?
Under consideration. To be honest, this works for me. But, I do understand your point, roadkill. Plus, I want to focus on the guest, not me.
Nice to get Greg on as a guest. I do follow him and he is the reason I follow you ;)
Great stuff - thanks!
Wow! I am surprised! GM. You had a great interview. No civil war claims, correction vs crash... I'm impressed. This was a really good relaxed interview. I can see that you were relaxed. Good for you.
Maestro. Great interview as well. Honestly I thought this was going to be a waste of time, you guys did great together!
Manipulation- while I too believe that the fed speak and the fed itself moves markets, it has done that for ages. There is another thing that has been introduced that is creating different price action we haven't seen before. The use of HFTs and retail atotraders. That is what is making this market more difficult to chart.
Volume levels are still holding true tho. If used with candle patterns that is still pretty reliable. Forget the death/golden cross man. Those days are over. The new one is stophunters for looking to buy dips, with volume to the downside. Exhaustion volume bars are what I look for when wanting to go long, along with the RSI.
Wanna understand the Amazon trade? Infrastructure plain and simple.
Watch this short video of where Amazon is going. I think it's awesome BTW!
https://m.youtube.com/watch?v=NrmMk1Myrxc
The days of really good volatility are done. HFT has destroyed the volatility we've become accustomed to unfortunately. We will se it here and there but not with the same frequency we once did.
I am a trader, I guess there is a use for speculating what the future will hold. I am radio silent when trading, and listen to stuff like this to see what others think. I have been very critical of you GM. I still am. But the analysis that you use is not what I believe is relevant to traders. Investors? Absolutely, not traders.
I still don't like your straddle trading plan and found a video (of your own making!) that explains where you should and shouldn't use one...
But all in all, this kept my attn without any really big ?s over my head...
Good job guys.
Trade Well
Chris
Great thoughts, CMT. As for the Amazon video, thank you! That makes sense. I don't care for the direction they want to push our culture, but I understand.
TM
Hey man. Watch QCOM! Looks like it's working off an over bought condition, in a bull flag, and I'm hearing a lot about some new chips that are communicating with one another. Is APPL still using their chips?
Watch an epic turn around in oil I still believe mil spending bill will make this turn around. I haven't looked, did it break the channel?