Walking On A Tight Rope
Added 2024-09-24 05:05:00 +0000 UTCMarket Recap:
00:00 Intro
1:00 Fed & Geopolitics: Something Big Is About To Happen
2:18 Market Commentary: The Search For Identity
24:20 Market Performance: No Decision Yet
25:40 Heat Map: Energy Is The Only Opportunity Left
28:00 Commodities: Uranium
29:45 Options: Short PLTR?
37:22 Charts: Bullish But Fragile
50:50 Outlook
Outro Music: See You - Alex Kehm
Comments
Hi Mav. Hope you are recovering well from your surgery. I think the degree of stimulus from China is being underestimated in the western press, and even by you. There is a major push on credit cards from state banks. Even foreign expats are receiving cold calls offering credit cards of 30-50k USD. My company is handing out 1,000RMB JD vouchers to staff like they are candy. If my gut feeling is right, this is directly applied helicopter money at the point of consumption, and is going to be ultra-bullish for BABA and JD, and have inflationary secondary effects throughout the whole system. I think you are barking up the right bush, but with a fraction of the intensity that you need to be. Excellent call on EL. I shall be following you - consumer tat companies that have been battered down because of weak Chinese demand all sell their junk on JD. It is a good play IMO.
Molon Labe
2024-09-25 03:45:58 +0000 UTCMav!!
Stavros Deriziotis
2024-09-25 00:21:23 +0000 UTCSILVER has the Potential to be the cause of the Greatest Collapse in Derivatives in the History of Money......For ever Oz of above ground Silver Bullion, the Bullion Banks and COMEX has leveraged 407 Oz of Paper against the Physical and MOST of that Paper is NAKED Short. Currently, Institutional traders are positioned at NEAR Record SHORT with some holding contracts around $23......SILVER is now looking at $33.......at $34 the Mother of ALL Short Squeezes will begin when FOMO begins. Banks like HSBC, CITI, BofA, Wells Fargo, UBS, CIBC and YEP JP Morgan are ALL Short And to add even more juice to this story....The Physical Deficit of Supply for 2024 vs. DEMAND will be around 265 Million Oz making it the 4th consecutive year the Industry has failed to Increase Physical Supply of Bullion to meet demand. SILVER............The Global Ponzi Terminator! July: India slashes import tax on gold, silver to tackle smuggling........and 30 Days later India's silver imports to double on demand for solar, investment This year's purchases could rise to between 6,500 and 7,000 tons due to the rising industrial demand, said Chirag Thakkar, CEO of Amrapali Group Gujarat, a leading silver importer. India's silver imports in the first half of 2024 jumped to 4,554 tons from 560 tons a year ago, trade ministry data showed. China is now buying Direct from miners in South America and to avoid the disclosure of just how much Bullion China is buying, they have begun to buy Concentrate from miners and do the refining in China. The Global Economy is heading for a Historic SHORTAGE of Silver over the next 2 Years and VERY Little new mining capacity is scheduled to come on line for at least 3 to 5 Years thanks to the Environmentalists and the Fools running Big Government in the US, Canada and the EU. Just about everything that consumes Electricity has SILVER Content and I'm thinking the US Military alone, uses nearly 200 Million Oz a Year yet Silver is NOT considered a Strategic Critical Mineral....The Clowns in DC Chinese Silver Demand Surges; Is This a Calculated Move? Chinese silver imports have also surged, hitting a three-year high of 390 tons last December. In June and July this year, imports broke through the 400-ton level. A year ago, import levels were half that, averaging in the 200-ton range. Last year, China held the second-largest silver reserves in the world, trailing only Peru. Chinese reserves were reported at 71,000 tons. Peru, a major silver producer had a silver stockpile of 98,000 tons. U.S. silver reserves were 23,000 tons, ranking seventh globally.
Pete
2024-09-24 17:22:13 +0000 UTCOctober is setting up to be ""HELL on Earth"".....Israel is set for a Ground Invasion into Southern Lebanon.....Putin is getting Desperate in Ukraine and the Clowns in the WH are about to allow this Strike to Shut Down US Ports on the East Coast and the Gulf...Watch how fast Unemployment becomes a Headline in October if this strike happens right before the November Elections...........Got GOLD? ""US Military Will Intervene On Behalf Of Israel If Iran Enters Lebanon Fray, UN Analyst Warns"" Raymond Murphy, a professor at the University of Galway’s Irish Centre for Human Rights, says the situation in Lebanon is “extremely dangerous” and that Israel has attacked to not only defeat Hezbollah but provoke it to respond with increasing force. “And as a consequence, possibly to bring Iran into the conflict, as well as the Houthis in Yemen, which would force the hand of the United States,” the former UN peacekeeper told Al Jazeera from Galway, Ireland. ""US sends additional forces to Middle East as tensions soar, Pentagon says"" Zerohedge US East/Gulf Coast Port Strikes Loom As Goldman Provides Congestion Update Ahead Of D-Day A supply chain storm is brewing for major US East and Gulf Coast ports, with the International Longshoremen's Association threatening to strike on Oct. 1. This could disrupt nearly half of all US imports while Boeing strikes paralyze commercial jet plants and rising concerns about United Auto Workers hitting Stellantis with a labor action. D-Day is just one week away, and 45,000 workers are set to walk off major container ports along the East Coast. This would be the first work stoppage at these ports since 1977. Late last week, the CEO of Flexport - one of the largest US supply-chain logistics operators - warned, "The biggest wild card in the presidential election that nobody's talking about? The looming port strike that could shut down all East and Gulf Coast ports just 36 days before the election." At this point, a strike seems almost inevitable when the labor contract expires next Tuesday. ILA has demanded a massive 77% wage increase over six years, making the West Coast Workers' demand of 32% seem insignificant.
Pete
2024-09-24 16:09:41 +0000 UTCHello Maverick, I hope your eyes are healing and this message finds you happy and healthy. I look forward to each every video, I take notes and make trades during these videos and because of you I'm making money. Thank you beyond words. Have a blessed and awesome day. Happy and profitable trading you all.
Ryan Botiller
2024-09-24 15:40:33 +0000 UTCUS Consumer Confidence Plunges Most In 3 Years As Labor Market Weakens Significantly Thanks to a plunge in 'Present Situation', The Conference Board's Consumer Confidence index tumbled back near the lows of the last three years. *Present situation confidence fell to 124.3 vs. 134.6 last month *Consumer confidence expectations fell to 81.7 vs. 86.3 last month Sep. 19th The Conference Board Leading Economic Index® (LEI) for the U.S. Inched Down Further in August The Conference Board Leading Economic Index® (LEI) for the U.S. declined by 0.2% in August 2024 to 100.2 (2016=100), following an unrevised 0.6% decline in July. Over the six-month period between February and August 2024, the LEI fell by 2.3%, a smaller rate of decline than the 2.7% drop over the six-month period between August 2023 and February 2024. “In August, the US LEI remained on a downward trajectory and posted its sixth consecutive monthly decline,” said Justyna Zabinska-La Monica, Senior Manager, Business Cycle Indicators, at The Conference Board. “The erosion continued to be driven by new orders, which recorded its lowest value since May 2023. A negative interest rate spread, persistently gloomy consumer expectations of future business conditions, and lower stock prices after the early-August financial market tumult also weighed on the Index. Overall, the LEI continued to signal headwinds to economic growth ahead. The Conference Board expects US real GDP growth to lose momentum in the second half of this year as higher prices, elevated interest rates, and mounting debt erode domestic demand. However, in the Fed’s September 2024 Summary of Economic Projections, policymakers suggested 100 basis points of interest rate cuts are likely by the end of this year, which should lower borrowing costs and support stronger economic activity in 2025.”
Pete
2024-09-24 15:17:10 +0000 UTCgood to hear your voice again Mav!!! Welcome back
john schweers
2024-09-24 13:28:03 +0000 UTCBoeing's "Best & Final Offer" Rejected By Union As Strike Drags On. Boeing is burning CASH at a rate of $50 Million a Day and will effect US GDP in Q3 and that mean an acceleration of US Federal DEBT growth. Oh how I LOVE the smell of Burning ASSETS in the Morning. Watch how fast the coming Port Strike morphs into an American Banking Crisis if it last more than 30 Days.....Got GOLD?
Pete
2024-09-24 12:34:00 +0000 UTCwelcome back!
Geth Volus
2024-09-24 11:40:23 +0000 UTCAll year long my comments were the same. The fed will lower rates to help elect the democrats.
Richard
2024-09-24 11:14:10 +0000 UTC
