Damaged, Still Holding But Not For Too Long
Added 2024-06-03 05:28:16 +0000 UTCMarket Recap:
0:00 Intro
2:30 Trump Guilty Verdict: It's About Inflation Stupid
12:10 Consumer & Economic Weakness
26:20 A.I. Narrative Damaged: CRM and DELL Crash
31:05 Plunger Protection Team Intervention
38:50 Market Performance: Energy Back On Top
40:25 Heat Map Analysis: The Wall Of Hope Dynamics
42:25 Commodities: RBOB vs. Crude
44:00 Options Market: Long AMZN Short META?
46:50 Charts: Did The Plunger Fix It?
58:33 Outlook
Intro Music: In the News - Marten Moses
Outro Music: Shaking - Dylan Sitts
OptionStrat link: https://optionstrat.com/themaverickofwallstreet
Comments
So wait, he did commit the crimes, he did break the law and their was massive facts and evidence of him doing so, he went to court and is guilty and They only gave him a Class E felony?? Soooo he won't serve any jail time and still get away with it??? Wow. And some so called Americas still want a felony as president????? Nothing like destruction from within to destroy a country..
ANUBIS
2024-06-07 06:19:30 +0000 UTCI cite ANF as a counter to people shifting to the discount box stores. Even LULU might be just a cyclical thing (5 year)...I don't know of anyone who has stopped shopping there. Maybe I am just bummed over missing out on NVDA and and DELL over the last year.
Marc Dunivan
2024-06-06 03:53:32 +0000 UTCMav, Sorry but sighting a CBS poll as evidence is like asking the foxes to assess the chickens. Absurd. Further, what we are witnessing is globally further destroying the good faith and credit of the USA. A politically weaponized judiciary is what we witness in countries that effectively have little or no rule of law.
Doug Morgan
2024-06-04 08:18:52 +0000 UTCHe mentioned that in a kind of coy was as he does frequently...LOL...What no one talks about is how the Clintons were closely associated with the Weather Underground figures that were directly responsible for what was a grassroots terrorist organization and that Killery has sighted Sol Alinsky as a major influence. This article ties these figures together: https://thehill.com/blogs/pundits-blog/presidential-campaign/28339-obama-and-bill-ayers-together-from-the-beginning/
Doug Morgan
2024-06-04 08:13:35 +0000 UTCFish and chips
Aleks V
2024-06-04 05:58:36 +0000 UTChttps://www.abc.net.au/news/2024-06-04/high-cost-of-living-in-remote-australia-national-strategy/103902456?utm_source=abc_news_app&utm_medium=content_shared&utm_campaign=abc_news_app&utm_content=link
Terry Preston
2024-06-04 05:47:51 +0000 UTClove the show
Knoksvau
2024-06-03 22:11:45 +0000 UTCISM Manufacturing Survey Signals Further Stagflation: Growth Slows, Prices Rise Sure enough - despite the plunge in real data - S&P Global's Manufacturing PMI survey showed an even stronger improvement from 50.0 final in April to 50.9 flash for May to 51.3 final for May. (""WAR"" has a way of making things look better than than they Really Are) However, ISM's Manufacturing PMI tumbled further - dropping from 49.2 to 48.7 versus expectations for a small rise to 49.6. This tied the lowest forecast among analysts. https://www.zerohedge.com/economics/ism-manufacturing-survey-signals-further-stagflation-growth-slows-prices-rise Gold Bullion Near Record High, 'Spotlight' on Silver Price Amid Comex Bullish Bets https://www.bullionvault.com/gold-news/gold-price-news/gold-silver-bullion-comex-bullish-china-premium-060320241 Warren Buffett’s Berkshire Hathaway owns 3% of the entire T-bill market, JPMorgan estimates https://www.cnbc.com/2024/06/02/warren-buffetts-berkshire-owns-3percent-of-the-entire-t-bill-market-jpmorgan-estimates.html Buffet is a SELLER of Banks!!!!!! FDIC: Number of Problem Banks Increased in Q1 2024 https://www.calculatedriskblog.com/2024/05/fdic-number-of-problem-banks-increased.html Wolf Richter: Status Of Banks' Unrealized Losses In Q1 Worsened After Brief Rate Cut Mania Relief (I've been following his writing since 2007) https://seekingalpha.com/article/4696382-banks-status-q1-unrealized-losses-worsened-after-brief-rate-cut-mania-relief And I will repeat.....Friday was ""First Notice"" for GOLD Future Contract and 21,414 Contracts wanted GOLD Delivered Friday https://www.cmegroup.com/markets/metals/precious/gold.volume.html Each Contract is 100oz and COMEX has a growing problem cause they were NOT Designed to Deliver Physical Bullion....They were created by Banksters tooooo ""Control Price Via Paper Derivative Contracts."" COT Silver Report - May 31, 2024 https://silverseek.com/article/cot-silver-report-may-31-2024 I believe COMEX will experience a Delivery Month for SILVER that will cause them to DEFAULT because they won't have the Metal made possible by Indian Demand and CHINA getting EVEN with this WH! Commodities vs. Equity Valuations https://www.visualcapitalist.com/charted-commodities-vs-equity-valuations-1970-2023/ This will NOT End Well for those who believe that their Paper Wealth is REAL! Why People Value Worthless Paper Money https://schiffgold.com/guest-commentaries/why-people-value-worthless-paper-money/
Pete
2024-06-03 16:58:54 +0000 UTCMav seems to have forgotten the monthly charts he used to show with the lower trend line, predicting a crash! Now, according to him, a 20% ‘correction’ is sufficient for Fed to intervene and cut rate. What a change in tone!
Vikas Kesavan
2024-06-03 13:10:13 +0000 UTCAnd don't forget that Clinton did the same thing and nothing.
Geri Burke
2024-06-03 12:31:33 +0000 UTCGood stuff Mav, thanks alot!
Cranky_Stock_Guy
2024-06-03 12:18:56 +0000 UTC
