What John Howell said in this video:
- DIAbearishshort-termThe host sees the Dow leading the market lower since August, with a failed weekly breakout and a possible head-and-shoulders forming, pointing to more near-term downside.Source
- IWMbearishshort-termThe Russell formed a weekly double top, broke down, and rolled over before even reaching the 50% Fibonacci retracement, so the host expects another leg down.Source
- QQQbearishshort-termThe Nasdaq is already down about 10% and the host expects the correction to extend toward roughly 15% before a higher low forms and the uptrend resumes.Source
- SPYbearishshort-termThe S&P 500 made a false breakout and the host expects a 7-10% correction back toward the trend line before the uptrend resumes.Source
- Othernegative for stocksmid-termThe host has called the gold bull market over all year, labels the August rally a sucker rally, and expects at least a 50% retracement with a $3,000 target.Source
- Othernegative for stocksmid-termSilver has been crushed alongside gold, is nearly at the host's downside objective, and he expects it to go even lower.Source
- TLTbullishlong-termThe host discloses he is currently invested in the bond market, sees a capitulation move into a V-bottom, and expects a mega rally in bonds.Source
- AI Capexnegative for stockslong-termThe host floats an admittedly speculative theory that excessive AI capex plus a flood of IPO supply signals a market top forming over one to two years, leading to a true bear market.Source