Everyone seems to focus on price patterns, but volume often gets overlooked. I've been learning it more and believe that mastering volume with price action really enhances technical analysis!
I consider factors like historical volume, price movements, key support and resistance levels. It’s important to monitor volume when a stock nears these levels. Understanding broader market movements is also crucial. My advisor provides valuable insights that has significantly improved my knowledge
Sri-Kumar is right and, unlike the guy in the bad toupee, he’s not pandering to private equity and others whose business models depend on low interest rates.
He is right on all the following: gdp shows no signs of contraction, wages are growing, inflation is still above target, more jobs are getting added than removed, and unemployment rate is hardly recessionary (just higher than a few months back).
No rate cuts!! Rate cuts are not in the best interests of the people. Rates are not too high where they are, prices are too high. Any cut now is WAY too soon. Consumers and the economy need more than just a slowing of inflation. We need deflation to bring prices down to reasonable levels so all Americans can better participate in the economy, and we need these and higher rates to help retired people especially earn income without having to risk in the markets. Sustaining economic activity right now should not be the primary concern. We should stop rash moves to bail out the rich and do what is right for most of us long-term. We need a recession, and we need to let deflation do and finish its work. There is no good long-term reason to lower rates better than leaving them where they are. They are where they should be in a healthy economy. The economy is struggling at these "normal" rates because the economy is sick and grossly mismanaged. Lower rates mostly serve Wall Street and the rich. Lower rates generally won't help people buying a home because the home sellers will raise the price of the home in response to the lower rates. They will sell it for as much as they can trying to max out the payment that you can make! Lower rates won't benefit most Americans. Lower rates mean higher prices for everything bought on time immediately, and more inflation on everything else long-term. Housing and other big-ticket items like cars are too high already because of rates being way too low for too long and mostly only benefiting one out of ten people, and inflationary government spending. Prices need to come DOWN not go further up. We need a massive reset in the economy along with common sense policy and culture changes! We also need massive cuts on government spending and an end to wasting Americans dollar resources, and we need NO MORE BAILOUTS of poorly run companies. Bribes and collusion among government and the rich which is abusing America's dollar resources must be stopped. No more destructive uses of our resources and NO rates cuts. The markets and the economy need a major readjustment that only deflation and reduced spending can bring about! Inflation and a wildly over-spending government that has to then pay interest on the debt will destroy the dollar! Eventually inflation will rise above what interest the Fed can pay on its notes WITHOUT printing more money and then we will be finally heading into a crisis that will bring on severe poverty. Inflation and overspending are the real threats to our livelihoods. The Fed SHOULD NOT take it's foot off the neck of inflation by lowering the rates. Rather than lowering rates the government should start lowering spending into a range it can support WITHOUT printing more money! If these steps are not taken SOON we are going to lose our prosperity. When the dollar finally plummets in that scenario there may be another currency that comes in and existing currencies would be merged into that new currency somehow. That won't be a positive, it will be a negative in terms of the principles America was founded on.
It's a chicken and egg problem to a certain extent, you think that prices will go down keeping the rates high, that's not what's going to happen lol, already the prices for rent and groceries have gone down in areas where inflated. Bottom line we need a rate cut immediately but not to the level it's too low. At the current situation the rich knows the rate cuts have to come at one point and they will have the chance to buy more in the current economy. lol
Great guest. People are all over the map right now so who knows where we're going and I love his conviction. We are in a low inflation and low unemployment situation and the market convinces less and less as a discounting mechanism (how long can the diverges in market rates and fed rates last?). It's all very interesting.
I remember when this guy came on cnbc 8-10 months ago and saying if Fed keeps this interest rate up high something in economy will break and they will be forced to cut interest rate.
It is a hard decision right now. If you leave rates high for to long it will get really bad for normal everyday working class people. But, if you cut rates to early then you get hyper inflation, but it does boost the economy in the near term, but in the long term it will do a lot of harm. Bottom line is the government needs to stop overspending.
There are alot of indians working in financial fields in USA nowdays not just jews. Im proud of my indian American instead of crying and whining and siphoning resources from gov like most immigrants especially MUSLIMS indians hindus actually pay lot of taxes and support the nation at highest level with their skill and SHEER HARD WORK. Nobody will doubt this this is a fact. Vote red ❤
Agree 100 percent 4.3 percent employment rate is NOT high.inflation did not come down that much. Unbelievable how much these people have to survive with low rates. These people are in the wrong business they should be working at Walmart
I agree with him…. Fed should not cut rates even in Sept. Underlying inflation is still too high and not under control. The market correction is due to valuations getting too high. Historic high….
Interest rates being high isnt the problem, it's everybody else keeping their prices inflated when they don't need to be. Corporations, home sellers, etc.
If they cut the rate in September.. It will take months to have some sort of effects. People are getting layed off they have emi to pay.. This is what hard landing looks like every asset class is suffering, what else do they want, they should cut rates as quick as possible.
Sri makes good points but misses the most key point. Markets are forward looking you are not cutting rates for today environment but for 18 months time. The fed was too slow to start raising rates, from 2021 inflation was rising they cut in 2022 and now they are too slow to cut the last 3 months the data has been slow. Sure they can wait to 2025 but if history repeats that they may then need aggressive rate cuts and more stimulus, cut now gradually
These guys don't know......Listen to Campbell Harvey, the yield curve and Fed are exactly where they were back before the 2008 fun began.... The Fed should be cutting....
You all say he is right. But we need inflation. We need higher wages and cost to go up. This means our GDP will go up. And our debt to GDP can rebalance.
Fed should not act just to save the financial markets by cutting its bench mark interest rate in its September meeting, that is the opinion of Mr. Kumar. It is wise for the Fed to keep the interest rates at the present level to its fight with the higher inflation.
Why are we so scared of recession? This is part of capitalism process. Economy goes up & down. During downtimes poor corporations go out of business & new better corporations come out with better more efficient manner.
He is a hypocrite. Last year, he was saying that the fed could tighten too much which could lead to a recession for sure and now he is saying that the fed should not cut. Sheer contradiction.
we do need a correction in tech. and i think with google anti trust ruling we should be getting more tech giants to get corrected. This tech boom and more recently ai boom can't go forever.
Sometimes it seems that they are just jesters creating a certain backdrop so that retail traders make wrong decisions and give their money to the market, from which they get their margin. Tomas Lee with his "+40% in small caps till end of August" prediction is a good example
I am so tired of Joe’s rabid partisan comments. He’s compulsive. People watch CNBC for economic and stock market news - not to listen to whine. Because of this, when he’s on, change the channel.
What is this guy talkimg about do not have him on ever again. look at logistics and see where the economy is at Please this guys has no clue. Sometimes too much education is no good. Nothimg is moving Lile i said look at logistics numbers all down alot No one is lookimg for 2% interest rates This guys is sayomg 114000 jobs created are good wow lost really lost. He will look back at his comments and say oh i was wrong.
Hey Joe, stop trying to push the market down in supporting TRUMP get educated about the market. I’m not an expert but you make me feel like I’m smarter then you and I’m using a common sense approach. Take a leave of absence and think about your future maybe not in finance or business. Just saying some friendly advice.
I strongly disagree with this man. The jobs data requires more than surface level analysis. The rate of change of the unemployment rate is alarming. The anemic hiring pace is alarming. The quits rate is low. The lack of full time job growth is alarming. If you wait until the data is 100% obvious you will absolutely positively be late, probably VERY late. We are very tight currently and we are piling up the lagged impacts that won't surface for several more quarters, if not years.
Sorry, but Sri Kumar is completely wrong on this call. He's usually on the right side of things, but calling for no Fed cut in September is just lunacy. It won't happen - i.e. there will be one 25bps cut at the very least, probably a 50bps cut. Markets are pricing in 4-5 Fed cuts before 2024 is out.
You’re still thinking about the unemployment numbers? Otherwise, the situation in Japan, although appeared connected was not. The unemployment numbers due to the hurricane in Texas just one situation.
@@tterb777 I'm not looking at any one data point. The US consumer is struggling, there are rising delinquencies on consumer and corporate debt, rising bankruptcies, unemployment is rising steadily (i.e. has bottomed) and real rates are way too high. We are headed towards a US/global recession and the Fed should have cut in July.
If the Fed cut interest rates in September and if you hold BTC or other altcoins to day you sell it now..cuz if they cut in September BTC will reach 20k and that would be -80% down on BTC 😂😂😂
NOTE TO VIEWERS Please come back in 18 months because that's when everybody looks back and says ... we WERE in a recession. They never call a recession a recession while we are in one, that would actually be a depression. We are and have been in a mild recession since around April. The Fed. should in one fall swoop go to target rate and let the Market work it out. Let the party start. If they have to step back in, forget the baby steps and shock the system with a massive rate increase. They treat the economy like it's a gas peddle, and they are the driver. Nothing could be further from the truth, they should treat their mechanisms for moderating the economy like a light switch, it's either on or off. The degree to how much they increase to be determined by circumstances at that time.
Sir-Kumar is spot on. The Fed better sit tight and not react.
Everyone seems to focus on price patterns, but volume often gets overlooked. I've been learning it more and believe that mastering volume with price action really enhances technical analysis!
Hey can you tell me what do you look for in volume analysis?
I consider factors like historical volume, price movements, key support and resistance levels. It’s important to monitor volume when a stock nears these levels. Understanding broader market movements is also crucial. My advisor provides valuable insights that has significantly improved my knowledge
Absolutely, these are game changers
How does one go about finding an advisor? I could use more insight
There are plenty of options out there. I go with “Leah Foster Alderman“; she’s quite experienced
Sign this guy up
100% agree with him…no rate cuts!
Sri-Kumar is right and, unlike the guy in the bad toupee, he’s not pandering to private equity and others whose business models depend on low interest rates.
Who is the guy with the bad toupee?
great levelheaded perspective 👏👏
He is right on all the following: gdp shows no signs of contraction, wages are growing, inflation is still above target, more jobs are getting added than removed, and unemployment rate is hardly recessionary (just higher than a few months back).
This guy is a genius.
The gentleman is right.
No rate cuts!! Rate cuts are not in the best interests of the people. Rates are not too high where they are, prices are too high. Any cut now is WAY too soon. Consumers and the economy need more than just a slowing of inflation. We need deflation to bring prices down to reasonable levels so all Americans can better participate in the economy, and we need these and higher rates to help retired people especially earn income without having to risk in the markets. Sustaining economic activity right now should not be the primary concern. We should stop rash moves to bail out the rich and do what is right for most of us long-term. We need a recession, and we need to let deflation do and finish its work. There is no good long-term reason to lower rates better than leaving them where they are. They are where they should be in a healthy economy. The economy is struggling at these "normal" rates because the economy is sick and grossly mismanaged. Lower rates mostly serve Wall Street and the rich. Lower rates generally won't help people buying a home because the home sellers will raise the price of the home in response to the lower rates. They will sell it for as much as they can trying to max out the payment that you can make! Lower rates won't benefit most Americans. Lower rates mean higher prices for everything bought on time immediately, and more inflation on everything else long-term. Housing and other big-ticket items like cars are too high already because of rates being way too low for too long and mostly only benefiting one out of ten people, and inflationary government spending. Prices need to come DOWN not go further up. We need a massive reset in the economy along with common sense policy and culture changes! We also need massive cuts on government spending and an end to wasting Americans dollar resources, and we need NO MORE BAILOUTS of poorly run companies. Bribes and collusion among government and the rich which is abusing America's dollar resources must be stopped. No more destructive uses of our resources and NO rates cuts. The markets and the economy need a major readjustment that only deflation and reduced spending can bring about! Inflation and a wildly over-spending government that has to then pay interest on the debt will destroy the dollar! Eventually inflation will rise above what interest the Fed can pay on its notes WITHOUT printing more money and then we will be finally heading into a crisis that will bring on severe poverty. Inflation and overspending are the real threats to our livelihoods. The Fed SHOULD NOT take it's foot off the neck of inflation by lowering the rates. Rather than lowering rates the government should start lowering spending into a range it can support WITHOUT printing more money! If these steps are not taken SOON we are going to lose our prosperity. When the dollar finally plummets in that scenario there may be another currency that comes in and existing currencies would be merged into that new currency somehow. That won't be a positive, it will be a negative in terms of the principles America was founded on.
You might think you want deflation, but you dont
It’s time to cut.
It's a chicken and egg problem to a certain extent, you think that prices will go down keeping the rates high, that's not what's going to happen lol, already the prices for rent and groceries have gone down in areas where inflated. Bottom line we need a rate cut immediately but not to the level it's too low. At the current situation the rich knows the rate cuts have to come at one point and they will have the chance to buy more in the current economy. lol
@@PelosiStockPortfolio deflation in computers has been very good. why dont we want deflation?
@@GaminHasardMoore’s Law doesn’t apply to beans and butter.
A lot of people equate stock market to economy and as if Fed is supposed to look after it.
WAGES ARE RISING SIGNIFICANTLY ? WHERE ? I am a Union Electrician. My wages are stagnant if not losing ground the last 10 years
Go on strike!
Great guest. People are all over the map right now so who knows where we're going and I love his conviction. We are in a low inflation and low unemployment situation and the market convinces less and less as a discounting mechanism (how long can the diverges in market rates and fed rates last?). It's all very interesting.
I remember when this guy came on cnbc 8-10 months ago and saying if Fed keeps this interest rate up high something in economy will break and they will be forced to cut interest rate.
It is a hard decision right now. If you leave rates high for to long it will get really bad for normal everyday working class people. But, if you cut rates to early then you get hyper inflation, but it does boost the economy in the near term, but in the long term it will do a lot of harm. Bottom line is the government needs to stop overspending.
This man is the clearest thinker on this show.
The markets are trying to sway the fed,probably has worked to some extent.Hopefully a smaller rate hike rather than a larger one.
He is 100% correct. If needed, maybe a 25 bp drop in December, maybe.
Unlike Jeremy Segal, Sri has been spot on.
There are alot of indians working in financial fields in USA nowdays not just jews. Im proud of my indian American instead of crying and whining and siphoning resources from gov like most immigrants especially MUSLIMS indians hindus actually pay lot of taxes and support the nation at highest level with their skill and SHEER HARD WORK. Nobody will doubt this this is a fact. Vote red ❤
Agree 100 percent 4.3 percent employment rate is NOT high.inflation did not come down that much. Unbelievable how much these people have to survive with low rates. These people are in the wrong business they should be working at Walmart
I agree with him…. Fed should not cut rates even in Sept. Underlying inflation is still too high and not under control. The market correction is due to valuations getting too high. Historic high….
Interest rates being high isnt the problem, it's everybody else keeping their prices inflated when they don't need to be. Corporations, home sellers, etc.
If they cut the rate in September.. It will take months to have some sort of effects. People are getting layed off they have emi to pay.. This is what hard landing looks like every asset class is suffering, what else do they want, they should cut rates as quick as possible.
💯 no cut in Sept. Maybe early next year.
you must not like growth
Sri makes good points but misses the most key point. Markets are forward looking you are not cutting rates for today environment but for 18 months time. The fed was too slow to start raising rates, from 2021 inflation was rising they cut in 2022 and now they are too slow to cut the last 3 months the data has been slow. Sure they can wait to 2025 but if history repeats that they may then need aggressive rate cuts and more stimulus, cut now gradually
This guy is right, but goddamn just give me the rate cuts and let the party in the stock market keep going!!!!
the most likely market will drop if it comes along with negative labor indicators (which are normally laging about 0.5-1 year)
Anyone who has demanded emergency rate cuts didnt hedge their portfolio. That is called "reaching for straws".
These guys don't know......Listen to Campbell Harvey, the yield curve and Fed are exactly where they were back before the 2008 fun began.... The Fed should be cutting....
You all say he is right. But we need inflation. We need higher wages and cost to go up. This means our GDP will go up. And our debt to GDP can rebalance.
Fed should not act just to save the financial markets by cutting its bench mark interest rate in its September meeting, that is the opinion of Mr. Kumar. It is wise for the Fed to keep the interest rates at the present level to its fight with the higher inflation.
This guy is not calling for a recession… the Bond yield curve is forecasting a recession.
Bingo! Recession is inevitable.
I’m have cash on the sideline, how low do you see it going if it’s a recession?
Do not cut the rate until march
insane
At least he didn’t call for rate increases
The fed has no reason to cut rates
in short, based on the economy the market is reprising equities to reality...
This guy was calling an imminent recession in December! 🙃
Why are we so scared of recession? This is part of capitalism process. Economy goes up & down. During downtimes poor corporations go out of business & new better corporations come out with better more efficient manner.
why can't we get a bounce like the Nikkei did yesterday?
Totally disagree, Fed should move 50 bps in Sep.
split the difference, 25 bps
Komal has been waiting for a recession for a while
There will be no recession.
He is a hypocrite. Last year, he was saying that the fed could tighten too much which could lead to a recession for sure and now he is saying that the fed should not cut. Sheer contradiction.
we do need a correction in tech. and i think with google anti trust ruling we should be getting more tech giants to get corrected. This tech boom and more recently ai boom can't go forever.
All these so called experts all contradict each other
That is good. It shows the channel is not biased and it welcomes different perspectives.
Sometimes it seems that they are just jesters creating a certain backdrop so that retail traders make wrong decisions and give their money to the market, from which they get their margin. Tomas Lee with his "+40% in small caps till end of August" prediction is a good example
This guest is living in the past. Old school without generative thinking. Is he a short seller?
I am so tired of Joe’s rabid partisan comments. He’s compulsive. People watch CNBC for economic and stock market news - not to listen to whine. Because of this, when he’s on, change the channel.
NASAQ,NASDAQ,SP500,JHONDOE,
AND THE REST OF INTERNATIONAL MARKET IN MY DATA I DON'T SHARE TILL IT FIX MORTGAGE OK
My mortgage 35 trillion billion in my savings account no cut's for investor for violation my data exposing it on moving on my morgage
Wages are rising. Give me what this guy is having!
Consumers need interest rate reduction as buying home and borrowing is expensive , could that not be reason?
India news
Sri is insane
What is this guy talkimg about do not have him on ever again. look at logistics and see where the economy is at
Please this guys has no clue.
Sometimes too much education is no good.
Nothimg is moving
Lile i said look at logistics numbers all down alot
No one is lookimg for 2% interest rates
This guys is sayomg 114000 jobs created are good wow lost really lost.
He will look back at his comments and say oh i was wrong.
Don't cut rates. Your just making the banks money
Hey Joe, stop trying to push the market down in supporting TRUMP get educated about the market. I’m not an expert but you make me feel like I’m smarter then you and I’m using a common sense approach. Take a leave of absence and think about your future maybe not in finance or business. Just saying some friendly advice.
Investors are so darned greedy that they take profits and come back for getting real bargains after black Monday 2024.
I strongly disagree with this man. The jobs data requires more than surface level analysis. The rate of change of the unemployment rate is alarming. The anemic hiring pace is alarming. The quits rate is low. The lack of full time job growth is alarming.
If you wait until the data is 100% obvious you will absolutely positively be late, probably VERY late. We are very tight currently and we are piling up the lagged impacts that won't surface for several more quarters, if not years.
I would take a shallow recession rather than a re-acceleration of inflation worst case.
The Indian is speaking for the ordinary Americans, the host of the show wants easy money to come back. LOL!!
Sorry, but Sri Kumar is completely wrong on this call. He's usually on the right side of things, but calling for no Fed cut in September is just lunacy. It won't happen - i.e. there will be one 25bps cut at the very least, probably a 50bps cut. Markets are pricing in 4-5 Fed cuts before 2024 is out.
You’re still thinking about the unemployment numbers? Otherwise, the situation in Japan, although appeared connected was not. The unemployment numbers due to the hurricane in Texas just one situation.
@@tterb777 I'm not looking at any one data point. The US consumer is struggling, there are rising delinquencies on consumer and corporate debt, rising bankruptcies, unemployment is rising steadily (i.e. has bottomed) and real rates are way too high. We are headed towards a US/global recession and the Fed should have cut in July.
If the Fed cut interest rates in September and if you hold BTC or other altcoins to day you sell it now..cuz if they cut in September BTC will reach 20k and that would be -80% down on BTC 😂😂😂
Read the Bible.
There you have it: with a “rules-based” system, Joe can simply stay at home and the system will perform the job! 💯
NOTE TO VIEWERS
Please come back in 18 months because that's when everybody looks back and says ... we WERE in a recession.
They never call a recession a recession while we are in one, that would actually be a depression.
We are and have been in a mild recession since around April.
The Fed. should in one fall swoop go to target rate and let the Market work it out.
Let the party start.
If they have to step back in, forget the baby steps and shock the system with a massive rate increase.
They treat the economy like it's a gas peddle, and they are the driver.
Nothing could be further from the truth, they should treat their mechanisms for moderating the economy like a light switch, it's either on or off. The degree to how much they increase to be determined by circumstances at that time.
The guy is clueless
I cant trust this old man with that accent LOL
based on my past few years following cnbc he is one of the most frankful guest
That was so racist.