
Stock Market Bounce or Rally - Chris Vermeulen #5405
Akash Vyas
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<p><strong>Summary:</strong><br /> It looks like the market is turning around—is the stock market experiencing a bounce, or is this the beginning of a new rally? I sit down and chat with Chris Vermeulen to discuss recent trends in the markets, which are currently experiencing a knee-jerk reaction. Most stocks are down dramatically; gold and silver getting slammed last week, but oil is still in a strong up-trend with more room for growth. Tune in for more on what’s happening in the markets.</p> <p><strong>Highlights:</strong><br /> -There is a huge selloff in the SP500<br /> -Right now, it’s a knee-jerk reaction bounce, and the resistance area needs to be overcome<br /> -Buying the dip is not always the safest plan, and the markets are showing signs of fatigue<br /> -Most stocks are down dramatically<br /> -Rising rates are good for value stocks<br /> -Gold and silver also got slammed last week; gold had a great defensive play, but then hit a threshold<br /> -Vermeulen thinks that gold and silver are eventually going to run to the upside<br /> -Oil is in a strong up-trend; there is great demand for oil<br /> -Bonds and yields will most likely reverse a bit</p> <p><strong>Useful Links:</strong><br /> <a href="https://www.financialsurvivalnetwork.com" target="_blank" rel="noopener">Financial Survival Network</a><br /> <a href="https://www.thetechnicaltraders.com/" target="_blank" rel= "noopener">Technical Traders Ltd.</a></p>
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Stock Market Bounce or Rally - Chris Vermeulen #5405
Akash Vyas