Roller Coaster Market On CPI Eve As Jamie Dimon Warns Of Higher Rates
Added 2024-04-10 04:17:08 +0000 UTC
OptionStrat link: https://optionstrat.com/themaverickofwallstreet
Market Recap:
0:00 Intro
0:30 Wild Ride
5:25 CPI Lottos
8:08 CPI Preview: Goods vs. Services
11:53 Jamie Dimon Warning
15:40 Morning Market Brief: DKNG, LYV, INTC, LULU
21:20 Trading Advice: Cutting Winners Early Leaving Losers Go On
29:50 Market Performance: Conflicting Theme
31:15 Heat Map: Selling The Winner
34:05 Commodities
34:55 Options: Bullish CPI?
38:26 Charts: Battle
51:37 Outlook & Outro
Outro Music: Silent Night - One Man Quartet
Comments
Mav can you please make the options video “stop blowing up your account” public on YouTube or post it on patreon for those of us who made the switch from YouTube to Patreon, THANKS
Josh
2024-04-11 01:51:08 +0000 UTCCan u do BTU coal baby!
BitcornBandit
2024-04-10 22:05:16 +0000 UTCBreaking: US and Israeli Intelligence warns of missile or drone strikes by Iran on Israel is "Imminent" Brent Crude up $1.00 WTI jumps above $86.........More Consumer Inflation! UPDATE 3:50 EST...US Could Launch Joint Retaliatory Strikes With Israel If It Is Attacked By Iran: US official has told Al Jazeera that the Pentagon could intervene militarily if there is an Iranian attack launched against Israel. California Gas Prices are Crushing the consumer and WILL increase the #1 State in America with the Highest Unemployment......Recession DEAD Ahead.....Got GOLD?
Pete
2024-04-10 18:15:56 +0000 UTCYields Soar After Catastrophic 10Y Auction Shocks With 3rd Biggest Tail On Record...Treasury sold $39 billion in a 9-Year 11-Month reopening moments ago Stopping at a high yield of 4.560%, this was not only almost 40bps higher than last month's 4.166% and the highest since October and the 30yr. Treasury Yield is standing at 4.64.......The 5 Handle is LOOKING Really Good before the end of April. Cosumer Debt report from the NY FED coming today and American Homeowners are using their HOMES as ATMs Refi applications up nearly 11%
Pete
2024-04-10 17:35:20 +0000 UTCThank you
DirtyDan1961
2024-04-10 16:19:30 +0000 UTCCME is now indicating NO Rate Cuts from the FED in May.....In June and now even July........Oh but WAIT there's more.........CME out to December is now indicating only 1 possible CUT in 2024. RECESSION Dead Ahead........Got GOLD?
Pete
2024-04-10 14:10:06 +0000 UTCThe BoJ Now has a REAL Fire Storm Building for both the JGB and the YEN........10yr Yield on the JGB is now OVER .8% and the YEN broke through 152. It's going to be RAINING US. Treasuries in April and especially MAY. The Long END of the Yield Curve is heading for 5% All by itself and there's Nothing the FED can do but WATCH it Happen. Be VERY Afraid of the Liquidity Crisis coming from China and Japan cause its going to make 2008 look like it was nothing more than a....""Bad Weekend in Vegas.""......Got GOLD? Fitch cuts China Credit Outlook to Negative on ‘uncertain economic prospects’ China's property crisis hits small Regional Banks hard...Overall, Hong Kong listings...31 banks reported a 9.83% rise in Bad Real Estate Debts in 2023 to 291.2 Billion Yuan. Six of them reported Triple-Digit percentage growth in BAD loans, while 17 logged single to double-digit increases. Bank of Qingdao, headquartered in Shandong province, near Liaoning, which suffered a 2,239% jump in bad loans to real estate developers from 2022 to 2023 Total BAD debts, including Corporate and Individual loans, climbed 4.19% across the 31 banks to 2.4 Trillion Yuan. And this is why Chinese 35 and under are leading the Charge into buying Physical GOLD.
Pete
2024-04-10 13:42:31 +0000 UTCBonds are being SOLD off with the higher CPI Print and the Increase in Rates are going to usher in the US. Recession by the end of Q2. 30yr Mortgage Rates are now back to 7+% but the REAL Shit Storm is now happening at Treasury cause Yellen is having to SELL $1 TRILLION Dollars in New Treasury Paper EVERY 30 Days because so much of the Sovereign Debt of America, nearly 60% of $34.642 TRILLION Dollars has a Maturity of 3Years of Less. Notice....GOLD doesn't CARE anymore because Asia and the Middle East is Selling DOLLAR Derivatives and BUYING Gold on Every DIP. GOLD is the Weapon of Choice to Crush King Dollar but SILVER will be used to CRUSH the US Banking System making SILVER even More Dangerouse to the ""Wizards of Smart" at the NY FED Trading Desk. The FED and the Bullion Banksters are SHORT both GOLD and SILVER and China is using this knowledge to crush their position. The Ratio of Paper GOLD Derivatives to Physical Above Ground Gold is like 105 to 1 and when you calculate the number of GOLD Ounces Leased by the FED, it's pretty easy MATH to SEE America has a GOLD Deficit Problem and that's a Dollar Killer........Oh but WHAT there's MORE.......SILVER is even more Leveraged to levels North of 300 to 1, but unlike GOLD......SILVER is used by Global Industry making it even more Precious!!! In 2024 the Supply Deficit for Silver is around 180 Million Ounces but the coming Global Recession is going to grow this Deficit because 75% of ALL the SILVER produced Globally comes from the Mining of Copper, GOLD, and Zinc. Recession reduces DEMAND for Copper and Zinc(Strategic Metals) so miners will reduce their Production and in turn reduces the Production of SILVER. The Orders are in for Solar PV Panels for 2024. Some 500 GW of Solar Panels will be Installed this year requiring something like 300+ MILLION Ounces of Silver and Global Production without Recession was going to be around 820 Million Ounces for 2024. China and NOW India are now buying ALL of the SILVER they can get. India bought 71 MILLION Ounces of Silver in February and is on pace to BUY at least 30% of Global Production this year. From here.......GOLD and SILVER has a NEW Normal cause there is Only ONE Direction for the US Dollar....Down! I'm expecting the DXY to set a NEW ALL Time Low of something like 75 or Lower in 2025 no matter who wins the Election in November.......Got GOLD or SILVER?
Pete
2024-04-10 13:27:58 +0000 UTCThanks Mav, asked about the options checklist being uploaded to Patreon last week. Would still be helpful.
worldofyou31
2024-04-10 12:59:34 +0000 UTCThank you sir
Rico a
2024-04-10 11:01:31 +0000 UTC
