Market Wrap – The Market Gets Interesting

Chris Bedford
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Market Wrap – The Market Gets Interesting
In this episode, Chris Tate delves into what the US market hitting new highs means.
Also, he examines how two stocks can dramatically impact the trajectory of an index and how this may affect any decision you might make.
He also looks at how difficult it is to trade geopolitical events without fully understanding their background.
Understanding history is the key.

Regarding individual trading opportunities, the key point is that patience is free and that price moving towards a point of resistance is not something to be worried about.
This is because it offers you the clearest signal that markets can offer.
It is about how you frame the opportunity, and your mental framework will decide, not only how you view the opportunity, but also your potential to profit from it.
In this Market Wrap Chris talks about:
  • The current state of the US markets, particularly with two of them hitting new highs.
  • The juxtaposition between the S&P500 and the broader Russell 2000.
  • The impact of NVDA and TSLA on their respective indices and what this means for how you interpret their price action.
  • A series of local stocks I am watching for breakouts in the coming weeks.
  • The current state of play in gold and why local stocks don’t seem to be too excited about gold being bullish.
  • How oil caught a lot of traders off guard and cost them money.
  • How a change of policy in China made some traders a lot of money and then forced them to give a lot of it back.

Don’t miss this!

There are so many variables to consider when establishing your trading business.

That’s why trading experts Chris and Louise have run their Mentor Program for the last 25 years.

They have helped hundreds of traders and investors build robust trading plans and gain an edge for a profitable future.

To get a preview of what’s included in their long-running Mentor Program, become a part of our Priority Notification group.

You can do that at this link (it’s free)

This will be our 25th year of running the course, and in the lead-up, we’ll be releasing a free mini MasterClass of trading information to everyone queueing to get into the 2025 Mentor Program.

Chris TateAbout Chris Tate

Chris Tate is one of the first people to ever release a share trading book in Australia.

He is the best-selling author of The Art of Trading and The Art of Options Trading in Australia. 

He’s been running the 6-month repeat-for-free www.tradinggame.com.au Mentor Program since the year 2000, and he’s also the founder of www.talkingtrading.com.au, a free weekly trading podcast.

With a background as an immunologist and his previous work as a bouncer, Chris’s life experiences will amaze you. When he’s not hanging out with his traders, he can be seen lifting weights at the gym, enjoying yoga… and trying to get a personal best time on his rowing machine in his garage.

To get in touch with Chris

Facebook: https://www.facebook.com/TradingGame/
Twitter: https://twitter.com/TheTradingGame
LinkedIn: https://www.linkedin.com/in/christatetrader/
Youtube: https://www.youtube.com/tradinggame

 

Image by wayhomestudio on Freepik

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