Sven Henrich: We're Living Through The Most Distorted Business Cycle In History
Update: 2024-07-21
Description
When Sven Henrich of NorthmanTrader.com was last on this program, he admitted he was a reluctant bull.
He just wasn't seeing any material barriers that stood in the way of the ongoing bully rally in stocks at that time.
At the end of our conversation, I asked him to come back on this program when his technical analysis tells him conditions have changed.
Well, Sven just reached out last night, letting me know that he has closed out all his longs this week and moved to cash.
Why? What has him so spooked?
Let's ask the man himself.
WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com
#marketcorrection #technicalanalysis #tradingstrategy
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Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support
He just wasn't seeing any material barriers that stood in the way of the ongoing bully rally in stocks at that time.
At the end of our conversation, I asked him to come back on this program when his technical analysis tells him conditions have changed.
Well, Sven just reached out last night, letting me know that he has closed out all his longs this week and moved to cash.
Why? What has him so spooked?
Let's ask the man himself.
WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com
#marketcorrection #technicalanalysis #tradingstrategy
---
Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support
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