Sven Henrich: Technical Analysis Says "Remain Bullish, But Be Careful"
Update: 2024-11-03
Description
When Sven Henrich of NorthmanTrader.com was last on this program in July, he shared that he had just closed out all his longs and moved to cash.
That moved paid off, as the S&P fell over 300 points in the following few weeks.
Stocks rebounded after the sell-off and have powered higher up to today, now back near all-time highs.
So what does his Technical Analysis tell us to expect next? Especially with volatility elevated, both in stocks as measured by the VIX and in bonds as measured by the MOVE index.
To find out, we'll now hear from the man himself.
WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com
#technicalanalysis #bullmarket #volatility
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Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support
That moved paid off, as the S&P fell over 300 points in the following few weeks.
Stocks rebounded after the sell-off and have powered higher up to today, now back near all-time highs.
So what does his Technical Analysis tell us to expect next? Especially with volatility elevated, both in stocks as measured by the VIX and in bonds as measured by the MOVE index.
To find out, we'll now hear from the man himself.
WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com
#technicalanalysis #bullmarket #volatility
---
Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support
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