Are New Highs Coming In The Stock Market?

After dropping 80 points on Tuesday, the S&P 500 rallied to finish green for the week. Have key "end of the pullback" hurdles been cleared or is the door open to additional downside?

[@Kaustavpatell]

I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.

[@frankedwardark]

Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert.

[@Donald-George]

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.

[@Owenra]

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation.

[@Donald-George]

@@Owenra Actually its a Lady. Yes my go to person is a 'Michele Katherine Singh'. So easy and compassionate Lady. You should take a look at her work.

[@Owenra]

Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks

[@mbnesbitt]

Money is not meant to control people, rather it is meant to be put to work producing more money for you. You cannot build wealth without putting money in its rightful place.

[@hamzahamza-bz3rf]

People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.

[@amytuttle1621]

Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.

[@nandojuace]

Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian.

[@LolMan-qy9cc]

Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things

[@katiekilbo]

Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit

[@josewalter1185]

The most significant lesson I gained from the stock market in 2023 is that uncertainty prevails, emphasizing the importance of humility. Adhering to a long-term strategy with a competitive edge is key

[@BulapGreen]

Certainty eludes everyone; thus, it's vital to establish your own methodology, handle risk, and adhere to your strategy unwaveringly. This commitment should endure challenges and successes, all while maintaining a commitment to ongoing learning and improvement.

[@ChristelleSingler]

Embracing uncertainty, I realized after five years that attempting to predict market outcomes through chart analysis was futile due to the unpredictable nature. My lack of a mentor led to six years of struggle. I transitioned to following the market's direction and adopting a straightforward, disciplined approach.

[@AlexzanderMckenzie]

Who is the professional who is advising you, if you could perhaps tell us? As a novice investing in stocks without the correct direction of a professional, I have lost a lot of money.

[@ChristelleSingler]

Camille Anne Hector is the analyst that helps me. She has a large following and is easily found online.She has extensive understanding as I have made so much since following her.

[@AlexzanderMckenzie]

I just Googled her name and her website came up right away. It looks interesting so far. I'm going to send a mail to her and let you know how it goes.Thanks for sharing

[@lamboman2]

One of the best videos you’ve ever done IMO. Easy to follow and understand!

[@mjbucar]

I ALWAYS enjoy your weekly insights. Thank you Chris.

[@georgeoommen9489]

In summary: [a] Secular bull market intact. Secular trend driven by long term economic boom. 🐂 [b] Technology stocks like Apple and Nvidia showing signs of bullish trend ahead. 🐂 [c] Volatility to continue in May (seasonal trend) as part of the bullish trend. [d] Any pullback in stocks is a buying opportunity for the long term. 😊

[@droll68]

🙏🙏🙏🙏🙏

[@MrWallStreet119]

LOL

[@wackadoodle4446]

LOL…we shall see

[@indianajones3315]

You left out the reasons for all this. 1) Fed never actually stopped stimulating, and 2) There has been a continuous volatility crush (selling) every Wed through Friday that is being conducted by structured products.

[@user-wy8ry2ck2w]

For some reason, I was able to follow this video more closely than some previous videos though I have always enjoyed listening to your videos and learn so much. Thank you.

[@boombustinvest]

Chris... you are quite literally the voice of reason on the KZbin financial analysis curcuit!

[@markloessi5799]

Thanks as always Chris and Kathy. I hope your spring is arriving on the east coast.

[@davideberhart9523]

Good Sunday morning Chris and Kathy. Coffee and Ciovacco Capital.

[@GaneshD123]

Very detailed, very informative, very useful. Thank you Chris and Kathy!

[@TheMichaelkorns]

Thank you so much for these excellent weekly market analyses

[@ifern4545]

Excellent as always, thanks.

[@brianpereira7483]

Melt up incoming

[@josephwyer8134]

Brilliant work as always

[@freddyfixit7248]

I remember watching these videos when it was at 3: 9410 the S&P 500 and I never thought we’d be here now, but he was correct

[@yogesh1061]

wonderful market summary as always!

[@jessejohnson3331]

Wow. I like your charts.

[@TraderJoe888]

Thank you for this greatly informative video and your insightful commentary.

[@brunodtrading3491]

Wow, thanks so much for sharing and educating us! I hadn't watched in a while but wondered what's your take on the current markets. Now I feel much smarter, your model and approach is a real inspiration, something to emulate!! You help us keep an unbiased, flexible and open mind and keep an eye on the actual data rather than the noise. You are a guru, lucky us to have you!!!

[@marcusbrown6326]

thank you. always appreciative of the effort it takes.

[@PEOdysseus]

thank you for the videos you keep posting

[@paulantony99]

Thanks for the video.

[@CodiCox]

EXCELLENT VIDEO!!!

[@joewonsettler6439]

Chris and Cathy, Thank you again for such relevant and detailed stock market analysis week after week! The work you folks do is absolutely outstanding! I look forward to your videos every week and never miss one. Thanks, to a great team.

[@rainerluthershelley5131]

Great show..Thank you.

[@mmm-cake]

Pretty sure its headed up too but guessing sideways is most likely

[@beau6113]

Thank You!

[@tonymartucci7097]

Thanks

[@vince844]

Yes.

[@Mister128]

Thanks a lot for the Great Content 🙏

[@user-pr1ko7jg2o]

If no break down of SNP 500 below its pivot weekly close of 4911, potential for its price action to grind up higher to see new high above 5264 to fulfill and continue its inverted head and shoulder upward reversal pattern still intact. Next week daily short term price action may now grind up higher to test above 5200 but unlikely break above its recent high of 5264 for profit taking round to try retest recent low of 4953. As no violation of 4911 with an end weekly close, SNP 500 may rebounce strongly to break above 5264. But in case end weekly support is violated with a close below 4911, any minor pull up will be sold down to test its monthly pivot support below at 4302.

[@Fast5322]

Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 2.1BTC to a decent 15B TC in the space of a few weeks... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..

[@Fast5322]

Linda Wilburn program is widely available online.

[@Fast5322]

@Lindawilburn

[@69pepe420]

PEPE

[@crispiest99]

It hasn’t happened yet

[@kevincampos3797]

What would be the scenario forecast in the market in case of significant war escalation? Could you make a video about that some time?

[@Prediculous]

Not really a concern worth investing time into tbh.

[@dubbled7286]

You worry too much! No impact worth worrying about! War has nothing to do with the juggernaut US Stock market performance!

[@stevenmix3723]

Stocks have been terrible. I am not sure why your persistent optimism about indexes looks so good, when random stocks have just continued to be terrible, year after year. I am selling at profit things I bought a year ago, but I am also languishing in things I bought more than a year ago, at deep losses. This is not any kind of bull market.

[@indianajones3315]

Because the indexes HAVE been bullish due to a coordinated volatility crush led by structured products. If you understand this statement you will understand why markets ARE bullish, been a great year so far. But it sounds like you’re trying to pick individual names (maybe “cheap” names like INTC?) that haven’t done well. It’s a SUPER bull market if you’re in the right names like MSFT and NVDA. Perhaps don’t overcomplicate it and just buy indexes like most people.

[@stevenmix3723]

@@indianajones3315 XLK is up 165% over five years. That makes no sense in any reasonable long term that I can relate to. So yes, being in that bubble has been a super win. I just fail to see how it can possibly be a bull case today. XLRE, on the other hand, is flat for five years. XLF is not much better. I have never see any market this narrow. Entire foundation sectors are not even close to participating. It's all air at the top.

[@jamesbensonjazzguitar4824]

I agree with Steven mix that it’s best for most of us to stick with the indexes, the right ones at the right times. But if we choose to buy individual stocks, the concepts being presented here can be applied quite handily. When a stock price starts breaking through key levels of support, these are times for concern and possible corrective actions, regardless of what we as individuals might think about the company involved. I have learned this lesson the hard way.

[@westpacificmarketanalytics2384]

No new highs, lower into June then back up.

[@yamomanemjazz]

Miss the long ones. But porn is a terrible habit so this is ok too .thx!❤

[@dh-uo4lt]

If inflation takes off? What’s the point when the books are cooked? Please answer.

[@JenniferArmstrong803]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.

[@PhilipOrlick468]

I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...

[@LucasCruikshank337]

She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

[@Davidcoleman258]

You trade with Michelle Stewart too? Wow that woman has been a blessing to me and my family.

[@AndrewHolmes694]

I'm new at this, please how can I reach her?

[@Bryanwilliams397]

The first time we had tried, we invested $1400 and after a week we received $5,230. That really helped us a lot to pay our bills.

[@GameFlife]

Damn tks mr G amma be open mind