Is this sell-off going to get worse? Sign up for STLLR's exclusive Gold Macro Newsletter at stllrgold.com/davidlin FOLLOW CHRIS VERMULEN: The Technical Traders: thetechnicaltraders.com/davidlin/ RUclips channel: www.youtube.com/@@TheTechnicalTraders X (@TheTechTraders): x.com/TheTechTraders
Please do some due diligence, David before bringing folks like Chris often. This guy is selling snake oil. It's the same fluff every time. Chris acts like he's doing well, saying, "I exited and I'm just watching." It's all BS. If the trend is still bullish at 19:05, why did he exit? Stop with this nonsense of coming here every other week just to gain more subscribers for his subpar service.
Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my returns on investment
Exactly why i enjoy market decisions being guided by a pro , seeing that their entire skillset is built around going long and short at the same time both employing risk management and market experience , been using a portfolio-coach for over 2years+ and I've netted over $3million in that time frame.
I think we are too obsessed about the economy crashing. In the right sense, the economy never crashes. It just undergoes cycles, and almost always recovers. So I really don't care what the predictions are. I just want to grow my portfolio. I read that people are pulling in massive profits despite the downturn. Any tips on how they do it?
I think it's the professionals and those who use their services that are really pulling in the big money right now. There are really advisors that can help you achieve very consistent growth. I have a friend who pulled in more than $90K profit within three months. So you just have to make some research and get one who fits your fin-goal.
The market will always recover. The goal is to find quality stocks with long term potential. It's hard for the average Joe to do this, because it involves following a lot of industry news, following up with earnings, etc. It's easier to invest through an advisor who knows how stuff works, and make rocket returns.
Investing in quality stocks with long-term potential is a good strategy, but it can be challenging for the average person to do this on their own. Keeping up with industry news and earnings can be time-consuming and difficult. That's why it's easier to work with an advisor who can help you make informed decisions and potentially achieve high returns.
@@williamDonaldson432 Would you mind suggesting a professional with a range of financial possibilities? This is highly unusual, so please respond as soon as possible.
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
One strategy for protecting against a recession is to buy equities. Investors, especially during a recession, need to know where and how to put money in order to make money while avoiding inflation.
It has never been easier to understand how to build your money than it is right now, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investtments, in my opinion, are complex.
Working with a Financial Advisor to help guide you on your wealth-building journey if you're just starting out is a wonderful way to get started and thats how i was able to accrued good gains . They helps to manage investment overall risk profile , prevent permanent loss of capital consider maintaining a broad diversification of your investments that reflects your personal risk tolerance, time horizon, and the nature of your financial goal
'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances because even the bank is insured, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
In this current unstable markets, It is advisable to diversify while retaining 70-80% in secure investments. looking at the worth of your portfolio, you should consider financial advisory.
Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 275 cash earnings, 5.25 interest, 685k in 401k, 120k cash account, 80k in car assets (paid off cars), gold, and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance, and it boomed within a short period.
Stella Cornwall stands out from other brokers because of her realistic approach, unlike those who often set unattainable targets and fail to deliver. She's truly unique!
I'm a bit perplexed seeing her mentioned here I also Didn't know she has been good to so many people too this is wonderful, i'm in my fifth trade with him and it has been super.
Great video! I really do have a question. For someone with less than $5,000 to invest, how would you recommend we enter the market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach?
I've been trading by myself. I'm not really happy with what's going on, just few weeks ago I lost about $7,000 in a particular trade. Can you help me out or at least advise me on what to do?
I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance from my personal financial advisor < Katherine Maggie >
YES!!! That's exactly her name Katherine Maggie so many people have recommended highly about her and am just starting with her from Brisbane Australia🇭🇲
BTFD mentality is exactly the reason the FED should not lower rates. There is too much money printed for the FED to lower rates. Any talk about lowering rates is insanity with the market at 38k
pick your poison. either rate drops or the economy drops off a cliff when liquidity dries up. The economy dropping off a cliff wont solve the debt issues. It will just have them default and cascade into a bunch of nasty events. As an example say liquidity dries up. How long before your local power company cant get capital to repay debts? When that happens are you going to be happy if they cant get anyone to come repair the line that caused you to lose power? That is an extreme example, but I think its entirely possible if they crash the economy just to make a point about something. I dont want the rates too low. I dont want them too high. I would rather they fix the issues with other mechanisms. Want asset valuations to drop on real estate for example? Let the homeowner insurance crisis play out. When you cant get insurance you cant get a mortgage. No ability to get a mortgage then no ability to buy the house in the first place with credit so you arent a buyer. Fewer buyers means the prices will go down once supply exceeds demand.
@@goodbodha liquidity dries up? isn't there trillions floating around the world since Powell unleashed the crazy printing during and post covid? lmao...the only people who need to FEDS to cut rates are bag holders using margin to buy stock, the BTFD crowd and the wall street ponzi promoters.
Please be careful, IMHO I think all assets get halved... and when I mean all. I mean all, Stocks, Bonds, Gold, Silver, BTC... all of it. The explication is a long one ... just please be careful.
@@melisaross2468 Many are calling for house prices to fall. I find it nhard to believe that "less dollars" will be able to buy "more stuff" in the future.
Yeah, what Chris said...investors are buying the dip but I don't think it's over either, we're not going to any more new record highs...we're gonna drop even more from here...probably 65% market correction...massive correction due to the massive syntethic prop-up for years and years. This market is ultra bloated and unrealistic...time to pay the pauper.
You have to be a special kind of stupid to think the president has anything at all to do with the stock market. Over the past 4 decades the stock market gains under D’s has been an order of magnitude greater than under the R’s. But that is correlation, not causation.
Just wondering why he sold two weeks ago when the market was at all time highs. The candles were green on his chart, I thought that meant the market was still going up in a bull phase?
Месяц назад
@@wheatcandle He was calling for rotation into the small cap Russel 2000 stocks. If you followed that advice you got absolutely sodomized.
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary..
I think the next bear market last YEARS. Folks are complacent (did folks pay attention to the chart shown) and are so used to artifical propping of markets... so just buy the dip has worked. There is a point that we go from buy the dips to sell the rips. Now if you have a 30 year outlook... of course just keep buying... if you don't ... say you are in your 40s or 50s... I don't think that buying the dips is going to work for you. You will not have enough time to make up the drawdown and will have to work until the day you die. I plan on retiring NLT 60, 5 years out. I am counting on 95% of folks getting it wrong to make that retirement super sweet. We know we need both sides of the trade (buyers and seller)... I am your seller when you are going long.
I recently sold some of my stocks positions, but I'm retaining a portion for the long term, I want to diversify my $400K portfolio to new gen stocks with masive potential, but I'm uncertain about the market rn
When diversifying, be careful of assets you’re buying into to lower risks. Research and consult a financial advisor for guidance because of market turbulence
Working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial objectives. With their support, I've seen significant growth in my investments and gained confidence in my financial future.
Used to think investors lose out amid crash, meanwhile some make profits. I also thought folks went out of business during the great depression, but some went into business. Bottom line, there's always depression for some while others amass wealth gains.
Agree I don't think folks undertand how overvalued everything is. And folks don't study this stuff ... it is really boring for most. So next, that reversion back to the mean, it is going to be brutal for most.
Its easy to be calm when you have sold everything and have no horse in the race. For us common people, who don’t have inside info, we keep getting pushed around and stand to loose everything.
Well for one its august. Summer trading is not Fall trading. Also, by October we will know for sure that the narrative of a soft or no landing was correct or not. Do we really think the longest bull market is going to continue to keep going up.. at a time when folks are broke, price rejection is becoming apparent and people are all in? Sure, it could happen but the probabilities of that are almost zero. And as traders we trade probabilities not certainties.
Close.... don't buy the dip... sell the rip. Problem is we might not get another rip for awhile now... that first rip might come when folks have already lost 40%.
People who follow his advice and hold their buys they made during today's regular hours session will get crushed since targets for SPY, QQQ, and IWM are going to be their respective premarket lows from today. I'll be buying SQQQ $11 strike calls tomorrow if it gets anywhere near $10 on the open.
I have a huge postition in the SQQQs and the SRTYs. Ive been building it for a year. I am ready.
Месяц назад
@@bpb5541 I wasn't expecting this much of a drawdown so I went with UVIX $6 calls and SQQQ $9 strike calls for last Friday expiry. I bought the UVIX calls at .05 and the SQQQ calls at .10. Now I'm looking to waste some of that HUUUGE cash bonanza. I'm still holding TWM $10 calls for Aug expiry. Paid .10 for those last Wednesday. I was going to reload on SQQQ yesterday put they didn't get cheap enough. It's going through 11.81. VIX has already traded to a confirmed bottom in premarket, but hoping it retests to a buy signal so SQQQ comes down to at least 10.25. Then I back up the truck.
Nobody is gonna talk About several elite players in the know that sold off massive shares of their stocks less than a week ago. No of course you're not.
That alone should tell you something, you don't need someone to tell you what the big guys are doing. You should able to see for yourself by their sec filings and the charts
People talk shit about Chris, but as a brand new student, I ve been watching and listening to Him for a little while I feel he’s got great insight. Thank you for having him On as a guest 😊
The asset bubbles -stock, home price need hard crash to maintain long term society. The best thing FED should let it naturally downs despite high unemployment.
Agree... but lets be honest with ourselves that is not what they are going to do. Should things get bad they are going to try and save it. The thing that is different this time is that the debts are so high, that when they do it just causes the dollar to lose more value and we go right back into a inflationary period while economic growth is decling. Known as stagflation. It could get brutal.
I have this idea. Bitcoin is the same part of the dollar system as the dollar itself. Bitcoin reflects the level of liquidity in the system. Example - Bad employment report on July 29, Bitcoin went down on July 29, the Fed passed on July 31, Nikei 225 started falling on August 1, gold is trying to test a new height on August 2. It seems that Bitcoin foresaw the events. (According to logic, if the system collapses, Bitcoin will disappear. I mean the system, not the dollar itself. If the system collapses, whose liquidity will Bitcoin show?).
The Fed might cut interest rates, but that wont make the markets rise. The Fed WONT start to buy assets again, they have made it clear they want to decrease the size of the balance sheet, not increase it.
This all makes sense to my pea brain, thanks!! I was finally in the positive with just started this investing three years ago and bammm..🙃 Well I'm not panic selling, I'm buckled in and hanging on😯 Weeee, let's go!!!
NQ will eventually retrace down to 11-12k. There will be bounces along the way, but that is their destiny. One could literally say, they’re in “harmony” 👍🏻
How is Chris out of long position? He had a video last week claiming he was waiting for the market to tell him when to exit. This is confusing. He even said there will be time to get into bonds and current run up in bonds may not hold or something like that.
@@Mrtrancefreak50 that's against what he's saying all along. He always emphasized the long term trend. I'm pointing out how he claimed to be going with the trend and we're close to the end and now all of the sudden he's out 2.5 weeks ago 🤔
I was personally actively trading during the 1987 crash & I can tell you this is nothing like 1987. This is a predictable sell off prior to higher highs in 2025. I really like Chis, but this is not "the end" or the top of the cycle. These things always go higher & last longer than most think. Tops are not made when everybody is predicting the top & are bearish - like they've been in the past several weeks.
Very good analysis in general. Except for the USD/JPY.... I do not get why this is an emotional rally??? This is a clear unwind of a huge carry trade. All what happened today starts from the Nikkei that went down a lot with a huge appreciation of the YEN compare to USD and others pairs; and this unwind of the USD/JPY carry trade should be far from over because BOJ is only starting to be hawkish instead the FED is only at the beginning of cutting rates and following a dovish process.
I started my 250k portfolio last year with SCHD, VOO, and VUG after watching one of your videos. In terms of share price, VOO is way up (22.25%) and VUG is waaaaay up (39.62%). Thanks for the education! Will this provide solid cashflow?
I agree, it's important to balance your portfolio allocations. I recommend a managed portfolio, though their performance can vary. It's best to consult a fiduciary for guidance. That's what my spouse and I did, and we've grown our portfolio to $1.7 million.
I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with “Monica Shawn Marti for 6 years and highly recommend her. Look her up to see if she meets your criteria.
I just googled her and I'm really impressed with her credentials; I reached out to her since l need all the assistance l can get. I just scheduled a caII.
What are a couple of good reverse ETFs? It seems like some are designed to be really super short term and will eat you up with internal fees/slippage if you hold for a while. What is the maximum time you might hold a reverse ETF?
There is panic, but there have been buyers the while time. So either these buyers are hedging market makers, or dip buyers (as always). In the first case the market makers will probably be net zero, but some one is on the other end of swaps or options.
Recently, I've been pondering retirement. I've also want to put $800K into the stock market but i need an approach that will align with my risk tolerance and financial goals to secure our future
Opting for an inves-tment advisr is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 85% since 2022
Who is the coach that provides guidance for you? I urgently require assistance; my stock portfolio is stagnating, and I need investment advice for retirement.
My CFA Carol Vivian Constable, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thanks for this. I just googled her name and found her webpage. I'm really impressed with her credentials and I reached out to her since I need all the assistance I can get.
Since you did not tell them how to save their soul I will. Believe with all your heart that Jesus died on the cross for you and paid in full the penalty that you owe for your sins.. believe he was buried and rose from the dead, defeating death and the grave and he did all this for you. Ask Jesus to come into your heart to save your soul because hell and heaven are real and the choice of where your soul spends eternity is your choice. Choose wisely you do not get a second chance. God is holy and sin can never enter into his presence. John 14:6
Is this sell-off going to get worse?
Sign up for STLLR's exclusive Gold Macro Newsletter at stllrgold.com/davidlin
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The Technical Traders: thetechnicaltraders.com/davidlin/
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Worse!
And 32:43 ok, so Chris doesn't know how to use any financial software/web outside of the overpriced TA indicators junk he sells 🤣
Damn Dave, looking good!!
Please do some due diligence, David before bringing folks like Chris often.
This guy is selling snake oil. It's the same fluff every time. Chris acts like he's doing well, saying, "I exited and I'm just watching." It's all BS. If the trend is still bullish at 19:05, why did he exit? Stop with this nonsense of coming here every other week just to gain more subscribers for his subpar service.
Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my returns on investment
Exactly why i enjoy market decisions being guided by a pro , seeing that their entire skillset is built around going long and short at the same time both employing risk management and market experience , been using a portfolio-coach for over 2years+ and I've netted over $3million in that time frame.
Do you mind sharing info on the adviser who assisted you? I'm 49 now and would love to grow my stock portfolio and plan my retirement
''Tracy Annette Webb' is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
I think we are too obsessed about the economy crashing. In the right sense, the economy never crashes. It just undergoes cycles, and almost always recovers. So I really don't care what the predictions are. I just want to grow my portfolio. I read that people are pulling in massive profits despite the downturn. Any tips on how they do it?
I think it's the professionals and those who use their services that are really pulling in the big money right now. There are really advisors that can help you achieve very consistent growth. I have a friend who pulled in more than $90K profit within three months. So you just have to make some research and get one who fits your fin-goal.
The market will always recover. The goal is to find quality stocks with long term potential. It's hard for the average Joe to do this, because it involves following a lot of industry news, following up with earnings, etc. It's easier to invest through an advisor who knows how stuff works, and make rocket returns.
Investing in quality stocks with long-term potential is a good strategy, but it can be challenging for the average person to do this on their own. Keeping up with industry news and earnings can be time-consuming and difficult. That's why it's easier to work with an advisor who can help you make informed decisions and potentially achieve high returns.
@@williamDonaldson432 Would you mind suggesting a professional with a range of financial possibilities? This is highly unusual, so please respond as soon as possible.
Would you mind suggesting a professional with a range of financial possibilities? This is highly unusual, so please respond as soon as possible.
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
One strategy for protecting against a recession is to buy equities. Investors, especially during a recession, need to know where and how to put money in order to make money while avoiding inflation.
It has never been easier to understand how to build your money than it is right now, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investtments, in my opinion, are complex.
Working with a Financial Advisor to help guide you on your wealth-building journey if you're just starting out is a wonderful way to get started and thats how i was able to accrued good gains . They helps to manage investment overall risk profile , prevent permanent loss of capital consider maintaining a broad diversification of your investments that reflects your personal risk tolerance, time horizon, and the nature of your financial goal
please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
The yield curve is telling us what is about to happen, Warren Buffet knows, everyone knows what is coming
Well apparently not everyone. I know exactly what I am doing.
Market Down, David's hair up. Buy the Hair Gel rather than the Dip. 😂😂😂
David's doing alright with that head of hair at his age. Inspirational!
At least the insiders can't short hair...
That's how you know Dave loves Chris
@@makeyourlifeeasier5794 But they can sure as hell try. Lol
David should get a mohawk!
In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances because even the bank is insured, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
In this current unstable markets, It is advisable to diversify while retaining 70-80% in secure investments. looking at the worth of your portfolio, you should consider financial advisory.
Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 275 cash earnings, 5.25 interest, 685k in 401k, 120k cash account, 80k in car assets (paid off cars), gold, and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance, and it boomed within a short period.
Stella Cornwall is really a good investment advisor. Was privileged to attend some of her seminars. That's how I started my own crypto investment.
Stella Cornwall stands out from other brokers because of her realistic approach, unlike those who often set unattainable targets and fail to deliver. She's truly unique!
I'm a bit perplexed seeing her mentioned here I also Didn't know she has been good to so many people too this is wonderful, i'm in my fifth trade with him and it has been super.
How is this like 1987? U.S. stock market was only down 2.6% to 3.4%.....1987 Black Monday the market was down 22%.
It isn't.
Agreed? Everyone is running around like their hair is on fire. I’m not seeing what they’re on about. Clickbait trying to be first to “call it”
It's coming
Wait a week
@@kathya1956 I be waiting years
had to eat popcorns for breakfast today
today and the next 10 years!
I’m just here for the technology
No beer! 😮😮
Typed from an iPhone 15
You ate more than one popcorns?
How to survive? Don't do anything. Let everyone else panic.😊
I’d rather maintain stop losses in check that avoid me to lose my gains of the year
Great video! I really do have a question. For someone with less than $5,000 to invest, how would you recommend we enter the market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach?
I've been trading by myself. I'm not really happy with what's going on, just few weeks ago I lost about $7,000 in a particular trade. Can you help me out or at least advise me on what to do?
I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance from my personal financial advisor < Katherine Maggie >
YES!!! That's exactly her name Katherine Maggie so many people have recommended highly about her and am just starting with her from Brisbane Australia🇭🇲
Legend says "If you don't find a way to make money while you sleep, you are fated to die working" and it turned out to be true.
This sounds so good and I would like to be a party to this, is there any way I can speak with her?
BTFD mentality is exactly the reason the FED should not lower rates. There is too much money printed for the FED to lower rates. Any talk about lowering rates is insanity with the market at 38k
Bet they do lower. Remember, their goal is not, NOT, recovery. They want to take all our money then force us into Reset fake crypto.
Trouble is the amount of interest in the budget our government (us) has to pay. It's not sustainable.
pick your poison. either rate drops or the economy drops off a cliff when liquidity dries up. The economy dropping off a cliff wont solve the debt issues. It will just have them default and cascade into a bunch of nasty events.
As an example say liquidity dries up. How long before your local power company cant get capital to repay debts? When that happens are you going to be happy if they cant get anyone to come repair the line that caused you to lose power? That is an extreme example, but I think its entirely possible if they crash the economy just to make a point about something.
I dont want the rates too low. I dont want them too high. I would rather they fix the issues with other mechanisms. Want asset valuations to drop on real estate for example? Let the homeowner insurance crisis play out. When you cant get insurance you cant get a mortgage. No ability to get a mortgage then no ability to buy the house in the first place with credit so you arent a buyer. Fewer buyers means the prices will go down once supply exceeds demand.
@@makeyourlifeeasier5794 it's sustainable....what makes you think they stopped printing to pay the debt?
@@goodbodha liquidity dries up? isn't there trillions floating around the world since Powell unleashed the crazy printing during and post covid? lmao...the only people who need to FEDS to cut rates are bag holders using margin to buy stock, the BTFD crowd and the wall street ponzi promoters.
The global economy is in quite a state right now. We've got inflation, supply chain issues, and geopolitical tensions all playing a role.
it’s affecting everyone. Prices are going up, and it's harder to get some products. It's really shaking things up.
with central banks raising interest rates to combat inflation, borrowing costs are increasing too, which impacts both consumers and businesses
It's a tough situation. Higher interest rates mean higher mortgage and loan payments, which can slow down spending and investment.
These issues are interconnected globally. What happens in one country can ripple out and affect others.
It’s a complex web. With all these factors, it’s crucial to stay informed and make prudent financial decisions.
Took profit. Bought metals. It’s a win for me.
@@DanielColeman-gu6dt eww
Please be careful, IMHO I think all assets get halved... and when I mean all. I mean all, Stocks, Bonds, Gold, Silver, BTC... all of it. The explication is a long one ... just please be careful.
I did similar but invested in miners in a defensive move. They look well priced. Time will tell.
David Lin.......The Man.........The Myth........The Legend !!
Don’t forget the hair
Global markets may be in turmoil but David’s hair is on 🔥. Great stuff guys
... and everybody got charts.
Bought 3 ounces of gold today… Had to do something…
I appreciate your latest videos are almost broadcasted live.. And not 3 days after the fact like a month before.
July 16-30 I went to 80% cash. I thought I blew it, until last Friday and today.
Invest some of that cash into energy stocks cash is going to be worthless
@@melisaross2468 Many are calling for house prices to fall. I find it nhard to believe that "less dollars" will be able to buy "more stuff" in the future.
I was 14 when it happened in 1987. The 1980s were unlike any other decade. They were the best of times.
Interest rate were 18-21% People were out party because they couldn't buy a house or car.
1987, the last time the markets were allowed to do their thing. The last time we were actually in a free market economy.
Good years, indeed.
two words BIG HAIR
I was on the trading floor working for Salomon in 1987...this is nothing.
Yeah, what Chris said...investors are buying the dip but I don't think it's over either, we're not going to any more new record highs...we're gonna drop even more from here...probably 65% market correction...massive correction due to the massive syntethic prop-up for years and years. This market is ultra bloated and unrealistic...time to pay the pauper.
Spot on!
FJB
FDJT too!
You have to be a special kind of stupid to think the president has anything at all to do with the stock market. Over the past 4 decades the stock market gains under D’s has been an order of magnitude greater than under the R’s. But that is correlation, not causation.
support the traitor!
IT says Translate to English under FJB
@@Vex916T
F Dr Jill Too?
Good one.
despite the gloomy events today, I was uplifted to see your hair styling!
Chris is not in panic mode because he got out 2 weeks ago !! :) :)
Right haha. I’d be chill af also.
Which is what 99% of what other "experts" tell you. Sales pitch alert! Just think if everyone did this.
Just wondering why he sold two weeks ago when the market was at all time highs. The candles were green on his chart, I thought that meant the market was still going up in a bull phase?
@@wheatcandle He was calling for rotation into the small cap Russel 2000 stocks. If you followed that advice you got absolutely sodomized.
He was long waiting for the sell signal.
I'm happy to be among Charlopage1 community. Her project's potential and the team's passion are unparalleled!
The fact that I got to learn and earn from her program is everything to me think about it, it's a win-win for both ways.
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary..
holding crypto assets are long term and less profitable, but better options like day trading are more preferable when looking to make good profits
I'm new at this, please how can I reach her?
She's mostly on Telegrams, using the
user name.
Always enjoy Chris's analysis; a steady hand at the tiller!
Hair unshakable
Great “opportunity” to Buy! Buy! Buy!
Just kidding..... or am I?
I put a buy on Heineken and Carlsberg. People need to drink their upcoming sorrows away. 😊
Yes, buy doge
Not yet
@@chaplainbeats7028god no
Gonna lay low. This shitfest has just begun.🩸
We're going a hell of a lot lower...
Bring it! Great buying opportunity
I think the next bear market last YEARS. Folks are complacent (did folks pay attention to the chart shown) and are so used to artifical propping of markets... so just buy the dip has worked. There is a point that we go from buy the dips to sell the rips. Now if you have a 30 year outlook... of course just keep buying... if you don't ... say you are in your 40s or 50s... I don't think that buying the dips is going to work for you. You will not have enough time to make up the drawdown and will have to work until the day you die. I plan on retiring NLT 60, 5 years out. I am counting on 95% of folks getting it wrong to make that retirement super sweet. We know we need both sides of the trade (buyers and seller)... I am your seller when you are going long.
I recently sold some of my stocks positions, but I'm retaining a portion for the long term, I want to diversify my $400K portfolio to new gen stocks with masive potential, but I'm uncertain about the market rn
When diversifying, be careful of assets you’re buying into to lower risks. Research and consult a financial advisor for guidance because of market turbulence
Working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial objectives. With their support, I've seen significant growth in my investments and gained confidence in my financial future.
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.
“Victoria Louisa Saylor” is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Wow, her track record looks really good from what I found online.i just filled the form and scheduled for a call. Thanks to you
such a great guest, such a great conversation. only great, my favorite guest, thank you so much!!!
Used to think investors lose out amid crash, meanwhile some make profits. I also thought folks went out of business during the great depression, but some went into business. Bottom line, there's always depression for some while others amass wealth gains.
Fibonacci Extensions? Is that a new hair weave?😂😂😂
Where are the extensions exactly? Just slick back
Still overvalued!!! No need to panic. This market is so pathetic. Just a small drop and it wants rate cut. WTF
Massively overvalued!
Agree I don't think folks undertand how overvalued everything is. And folks don't study this stuff ... it is really boring for most. So next, that reversion back to the mean, it is going to be brutal for most.
I love how these guest all claim that they sold weeks prior to events like this one.
Its easy to be calm when you have sold everything and have no horse in the race. For us common people, who don’t have inside info, we keep getting pushed around and stand to loose everything.
David Lin haircut indicator... SELLLLLLLLLLL
I'm in my deep underground bunker. Ready to seal the hatch.
I self isolate today with a bottle of scotch
@@user-vm3ih8re8zCan I join!?
@@user-vm3ih8re8z Me too but I went into A-fib.
October 1987? Hell no. Not even close.
Absolutely right: Oct 1987 the market went down 22%
Well for one its august. Summer trading is not Fall trading. Also, by October we will know for sure that the narrative of a soft or no landing was correct or not. Do we really think the longest bull market is going to continue to keep going up.. at a time when folks are broke, price rejection is becoming apparent and people are all in? Sure, it could happen but the probabilities of that are almost zero. And as traders we trade probabilities not certainties.
Dont buy the “dip” buy the “crash”
Close.... don't buy the dip... sell the rip. Problem is we might not get another rip for awhile now... that first rip might come when folks have already lost 40%.
Never catch a falling knife !
So true.love that saying.
. . . or a rising fire!
People who follow his advice and hold their buys they made during today's regular hours session will get crushed since targets for SPY, QQQ, and IWM are going to be their respective premarket lows from today. I'll be buying SQQQ $11 strike calls tomorrow if it gets anywhere near $10 on the open.
I have a huge postition in the SQQQs and the SRTYs. Ive been building it for a year. I am ready.
@@bpb5541 I wasn't expecting this much of a drawdown so I went with UVIX $6 calls and SQQQ $9 strike calls for last Friday expiry. I bought the UVIX calls at .05 and the SQQQ calls at .10. Now I'm looking to waste some of that HUUUGE cash bonanza. I'm still holding TWM $10 calls for Aug expiry. Paid .10 for those last Wednesday. I was going to reload on SQQQ yesterday put they didn't get cheap enough. It's going through 11.81. VIX has already traded to a confirmed bottom in premarket, but hoping it retests to a buy signal so SQQQ comes down to at least 10.25. Then I back up the truck.
Some people who gamble every day, every hour win some days and lose other days.
I buy shares when markets hit lows every so many years. I double and double again. I sense another opportunity around the corner.
There’s a lot of air to come out of the US market yet.
I think I've been here before, no doubt that the market will go down. But be aware of who comes ahead!!
If the market was down 22% the dow would crash 8500 points in one day.
What about Long Bond ETF's? They are killing it all through this wild ride. Cdn - VLB, US - EDV-A and or TLT
Wasn't the market down like 20% during that infamous 1987 market crash? Today it's just couple percent. Relax.
This is just a prologue
It is a slow train wreck.
@@animalsarebeautifulpeople3094 prologue to kicking the can down the road....lmao.
Nobody is gonna talk About several elite players in the know that sold off massive shares of their stocks less than a week ago. No of course you're not.
That alone should tell you something, you don't need someone to tell you what the big guys are doing. You should able to see for yourself by their sec filings and the charts
People talk shit about Chris, but as a brand new student, I ve been watching and listening to
Him for a little while I feel he’s got great insight. Thank you for having him
On as a guest 😊
He dies but very few people can invest like he does. Warren Buffett made a fortune doing the opposite of what Chris does
Chris is your best guest 🎉🎉🎉
The asset bubbles -stock, home price need hard crash to maintain long term society. The best thing FED should let it naturally downs despite high unemployment.
Agree... but lets be honest with ourselves that is not what they are going to do. Should things get bad they are going to try and save it. The thing that is different this time is that the debts are so high, that when they do it just causes the dollar to lose more value and we go right back into a inflationary period while economic growth is decling. Known as stagflation. It could get brutal.
Makes me glad I don't have any stocks, but I do have a great bartender.😊
I have this idea. Bitcoin is the same part of the dollar system as the dollar itself. Bitcoin reflects the level of liquidity in the system. Example - Bad employment report on July 29, Bitcoin went down on July 29, the Fed passed on July 31, Nikei 225 started falling on August 1, gold is trying to test a new height on August 2. It seems that Bitcoin foresaw the events. (According to logic, if the system collapses, Bitcoin will disappear. I mean the system, not the dollar itself. If the system collapses, whose liquidity will Bitcoin show?).
Now with BTC ETF s , more dilution from 21M to 100B and let's not even talk about crypto derivatives
Great interview. Interesting topics. Like Yen/USD etc.
It's running for the hills and swinging for the fences at 1:17
Time to stock up on cans, ammo, and booze
And toilet paper
Oh No.................a farty drunk with a weapon:)
The Fed might cut interest rates, but that wont make the markets rise. The Fed WONT start to buy assets again, they have made it clear they want to decrease the size of the balance sheet, not increase it.
David this was honestly your best interview imo. Well done. Excellent guest too.
This all makes sense to my pea brain, thanks!! I was finally in the positive with just started this investing three years ago and bammm..🙃 Well I'm not panic selling, I'm buckled in and hanging on😯
Weeee, let's go!!!
NQ will eventually retrace down to 11-12k. There will be bounces along the way, but that is their destiny. One could literally say, they’re in “harmony” 👍🏻
How is Chris out of long position? He had a video last week claiming he was waiting for the market to tell him when to exit. This is confusing. He even said there will be time to get into bonds and current run up in bonds may not hold or something like that.
Market conditions change daily and weekly. Always have an exit plan
@@Mrtrancefreak50 that's against what he's saying all along. He always emphasized the long term trend. I'm pointing out how he claimed to be going with the trend and we're close to the end and now all of the sudden he's out 2.5 weeks ago 🤔
It's crazy how these idiots seem to know when to get out and then mention it 2 weeks later 🤣🤣🤣🤣🤣🤣🤣🤣
Excellent conversation.
Great personality. Great analysis.
Excellent explanation ❤BRAVO CONGRATULATIONS ❤
THANK YOU DAVID.
I was 17 in 1987 great year
I got laid off in 1987.
@mme4211I remember the day but didn't care because I had $0...
I was personally actively trading during the 1987 crash & I can tell you this is nothing like 1987. This is a predictable sell off prior to higher highs in 2025. I really like Chis, but this is not "the end" or the top of the cycle. These things always go higher & last longer than most think. Tops are not made when everybody is predicting the top & are bearish - like they've been in the past several weeks.
Nah! I’ll take the other side.
WE LOVE CHRIS ❤️ THANKS FOR BRINGING HIM ON AND THANK HIM FROM US.
Very good analysis in general. Except for the USD/JPY.... I do not get why this is an emotional rally??? This is a clear unwind of a huge carry trade. All what happened today starts from the Nikkei that went down a lot with a huge appreciation of the YEN compare to USD and others pairs; and this unwind of the USD/JPY carry trade should be far from over because BOJ is only starting to be hawkish instead the FED is only at the beginning of cutting rates and following a dovish process.
This guy an artist and story teller! He can draw head & shoulder with his imagination and sell the story. 🎨
Thank you again!
It's crazy how weak the yen was/is. I have to travel to Japan asap before they sort their currency out.
Man this guy is good. He has very good read on the market. thanks david
Great interview.
The election will turn into a nightmare I think, especially if Trump loses, problems really only just getting started.
uh nooo. Trump wont.save you from what's coming.
An excellent guest speaker - thank you.
keep your hard earned money in the piggy bank, safe from the fraudsters
Thank you both 👏
Thank you, Daniel. My message today. God bless.
C.V. Is excellent and Lin does an awesome job.
EDV has performed better than TLT. Different mix of duration, which currently is benefiting more than TLT's duration mix.
I'm penniless ...........not even a washer , all i have is Jesus and with him your gonna make it !!!!
You are the creator of who you shall become Jesus was trying to tell you to save yourself don't wait for something else to come and rescue you
I started my 250k portfolio last year with SCHD, VOO, and VUG after watching one of your videos. In terms of share price, VOO is way up (22.25%) and VUG is waaaaay up (39.62%). Thanks for the education! Will this provide solid cashflow?
keep acquiring! I'd suggest you consider financial advisory at this point in time, remember you are in for the long haul.
I agree, it's important to balance your portfolio allocations. I recommend a managed portfolio, though their performance can vary. It's best to consult a fiduciary for guidance. That's what my spouse and I did, and we've grown our portfolio to $1.7 million.
Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.
I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with “Monica Shawn Marti for 6 years and highly recommend her. Look her up to see if she meets your criteria.
I just googled her and I'm really impressed with her credentials; I reached out to her since l need all the assistance l can get. I just scheduled a caII.
David, these markets are moving so far and fast, can put the date & time of when you are recording?
It's on the screen in the first 5 seconds, and also in the description.....
That's how you build crazy cyberpunk dystopian stories. Keep it tuned guys! Really interesting!
What are a couple of good reverse ETFs? It seems like some are designed to be really super short term and will eat you up with internal fees/slippage if you hold for a while. What is the maximum time you might hold a reverse ETF?
Chris is one of the best !
Great interview David!
What goes up must come down mon
Chris is THE GOAT 🐐
There is panic, but there have been buyers the while time. So either these buyers are hedging market makers, or dip buyers (as always). In the first case the market makers will probably be net zero, but some one is on the other end of swaps or options.
The Fed is going to cut rates soon... how will affect your predictions?
Love this guy!
Excellent buying opportunity
Recently, I've been pondering retirement. I've also want to put $800K into the stock market but i need an approach that will align with my risk tolerance and financial goals to secure our future
While the stock market is promising, expert guidance is essential for effective portfolio management
Opting for an inves-tment advisr is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 85% since 2022
Who is the coach that provides guidance for you? I urgently require assistance; my stock portfolio is stagnating, and I need investment advice for retirement.
My CFA Carol Vivian Constable, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thanks for this. I just googled her name and found her webpage. I'm really impressed with her credentials and I reached out to her since I need all the assistance I can get.
Thank you great conversation
Wake up now all men For what's the deal if you gain the whole world but still lose your own soul
Since you did not tell them how to save their soul I will. Believe with all your heart that Jesus died on the cross for you and paid in full the penalty that you owe for your sins.. believe he was buried and rose from the dead, defeating death and the grave and he did all this for you. Ask Jesus to come into your heart to save your soul because hell and heaven are real and the choice of where your soul spends eternity is your choice. Choose wisely you do not get a second chance. God is holy and sin can never enter into his presence. John 14:6
Usually, collapses come in October, not in mid summer. This is most unusual.
David looks like he had a long weekend 😆