What To Expect This Week For Stocks & Gold – Chris Vermueln
Many sectors are slowly firming up with defensive plays at the top of the BAN hotlist. Will this trend continue to carry the market into a new uptrend?
A brief synopsis of topics and charts I cover include:
- Are equities trending up or down?
- Has a new uptrend begun?
- Bonds are up; is a bull flag forming?
- What does it mean when the VIX is low?
- Gold is down 1%; will this reverse back to the upside?
- Where are we in the stock market cycle?
- Silver is flat; will it break its recent pattern?
- Crude oil, though up 3.5%, is stuck in a pattern.
- Utilities have been on fire; is this a bullish or bearish sign?
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Disclaimer: None of this material is meant to be construed as investment advice. It is for education and entertainment purposes only. The video is accurate as of the interview date but may not be accurate in the future.
Source: https://wallstreetwindow.com/2024/05/what-to-expect-this-week-for-stocks-gold-chris-vermueln/
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