What TheChartGuys said in this video:
- IONQneutralshort-termThe host uses IONQ as an example of a bounce in a bear trend that has given back most of its gains without confirming an uptrend.Source
- SMHneutralshort-termThe host notes semis have bounced sharply from the lows but have not confirmed a daily uptrend; a weak NVDA earnings report could send SMH back toward its lows.Source
- NVDAneutralshort-termThe host treats NVIDIA as an event-driven trade around earnings; he played the bounce near 150 with a stop under 148 and sees earnings as the near-term directional catalyst.Source
- Market Breadthpositive for stocksmid-termThe host sees sector rotation as favorable while XLF, XLV, XLP, XLY, and IYT hold last Thursday's lows; a break would mark a structural red flag.Source
- Bonds & Ratesneutrallong-termThe host is uncertain whether 10-year yields break to new highs or stay rangebound into the December FOMC; he has started buying 2-year Treasuries near the 4.90% yield and would add if yields rise further.Source
- Otherpositive for stocksmid-termThe host sees a confirmed weekly bull flag in the dollar and expects continued strength toward 52-week highs, pressuring metals.Source
- Othernegative for stocksmid-termWith the dollar making new highs and metals making new lows, the host says the metals/miner group is not ready for 3-month higher lows.Source
- Oil & Energyneutralshort-termOil remains in a weekly downtrend; the host is watching whether bulls hold support near 67.04 to keep the pullback healthy.Source