askSlim Market Week 09/06/24 - Analysis of Financial Markets

[@soarersteve7802]

I always enjoy the opening commentary, thank you

[@askSlimTeam]

Glad you enjoy it!

[@prohomespa108]

Love your passion for the markets! ❤

[@askSlimTeam]

Glad you enjoy it!

[@alexanderpetrov7027]

Going to be an interesting autumn

[@askSlimTeam]

yep

[@minazhassam9821]

Great video as usual

[@askSlimTeam]

Many thanks 🙏

[@jeffy911]

Great analysis, very important info. Thanks team!

[@askSlimTeam]

Thanks!

[@Dennis_510]

Great presentation, thank you

[@askSlimTeam]

Glad you enjoyed it!

[@andygrant5890]

Thanks Steve and Team.

[@askSlimTeam]

Welcome

[@Norrisis]

Great stuff Slim as usual - Would be interested and appreciate a chart analysis of QQQ - have you considered releasing one of those?

[@askSlimTeam]

We do our analysis on NDX and all cash indexes. We have some ETF analysis for premium members in our ChartStreams

[@craigtaylor4613]

Thanks for the amazing video as always !!🎉🎉🎉

[@askSlimTeam]

My pleasure!!

[@danielpinto2656]

Great show; great insights. Thx

[@askSlimTeam]

Thanks!

[@edwardsorrentino1331]

The person preaching 6k-7k on the SPX is David Hunter. Market could top out at 6K based on this ABC wave up and Fib ext

[@askSlimTeam]

Yep, or lower

[@clauderobotham6261]

Hot dang, that was a good show! I took notes. I've been an AskSlim member for over two years now and I always feel I'm continuing to learn.

[@askSlimTeam]

Great to hear! Thanks so much!

[@Zinnie988]

When I first saw your name sm handle askSlim, I thought you were a weight loss program with a country twist! 😂😮😂😮😂😮😂 I stand corrected.

[@askSlimTeam]

Funny

[@Meowmeow.age.6]

My account went vertical for the third time this year. Thanks Slim. Easy money. Sold the top took starters shorts bought the dip sold the rip went ham short. BIG MONEY TIME BABY. Also got to lock in some TLT gains. I can't believe Gold still at 2500. I sold my GLD already, but it is amazing it is still up there. AI bubble popping. Now it is time to see if the grocery WMT / COST and Tobacco (PM etc) bubble pops.

[@askSlimTeam]

Love hearing you did well!

[@heileopold6122]

The yield curve went positive 0.06 after two years of negative readings. This is a SURE sign of a recession coming .

[@askSlimTeam]

Good sign of it. However, sometimes there is a waffling of the curve. It can reinvert a bit and the stock market do well again for a while.

[@heileopold6122]

@@askSlimTeam agree. It will take time and monitoring. However, the negative M2 growth over the last three years is a strong sign that the recession will be historically severe. Stocks can do well for a while yet by next year during autumn, a massive crash is on the horizon. It is also an excellent opportunity to go short and then go long at bargain prices.

[@JRPLAWOffice]

Great video! Hoping for covid 2020 lows in the heart of the next recession. Then I'm grabbing with both hands

[@askSlimTeam]

Thanks! Good plan

[@jryer1]

After the 2 massive down days this week for the S&P, the cyclical behavior has changed in my opinion. Left hand translation doesn't look good moving forward. I foresee 5000 or less late 2024 or early 2025. The phony fed rate cut will probably give us a FOMO bounce, but probably not sustainable. The Japanese Yen is the money maker. British Pound also nice. Corn may go positive momentum, but too soon to tell just yet. Lastly I like XLP etf, which has defied the market and remains very bullish. A great options play.

[@askSlimTeam]

👍thanks

[@rainerluthershelley5131]

Thanks Everyone 👋

[@askSlimTeam]

Welcome

[@gilodi7149]

Amazing report Steve miller . Simply brilliant

[@askSlimTeam]

Many thanks!

[@Aitorek_]

Time to do a Bitcoin analysis please

[@askSlimTeam]

That is available to askSlim.com members, levels 2-3-4

[@titusrider7948]

Is it the start of a major top? I'm guessing by that hat the answer is a positively YES. 🙄

[@askSlimTeam]

Ya could watch it too!

[@titusrider7948]

@@askSlimTeam So politely said, I'll have to give it a view. 😊

[@shuklacr]

Wow...amazing analysis by Mr Miller and his team! Thank you very much!

[@askSlimTeam]

Glad you enjoyed it!

[@shuklacr]

@@askSlimTeam Thanks once again Sir...request you to make an episode discussing cyclical similarities between indices today and back in 2007-8 and 2001.

[@BK_711_]

We usually bottom the week before the election so maybe Halloween ish

[@askSlimTeam]

👍

[@keithnicholson2561]

SOL up maybe?

[@askSlimTeam]

❓

[@Meowmeow.age.6]

I haven't kept up with the news at all. Been high volatility trading lately. Great week non stop Ws. I don't normally day trade, but things be moving lately so it just worked out that way.

[@askSlimTeam]

Glad you did well

[@slimjimmichael]

Thank you, Slim ! Great video ! Appreciate you sharing your knowledge, as always ! Hope you and the team are all well. 🙏🏻

[@askSlimTeam]

Same to you! Thanks!

[@titusrider7948]

Your Dollar General is a great call and forward looking consumer (ouch) feel the pain forecast. But Amazon? Are you kidding me? AmZN Going down to $168.92? I bet you it goes to $168.90. 😁 another good call.

[@askSlimTeam]

Thanks! 😊 I

[@Firstmajortomlikestoticker]

Great show, however I would like to see a 🍐trade to be setup and discussed hypothetically . Thx Team Slim🎉

[@askSlimTeam]

Watch the segment, " Trading planning with the askSlim Team"

[@titusrider7948]

I was bored so i decided to watch your video 😅😅😅

[@askSlimTeam]

I’m sure you’re now excited

[@titusrider7948]

@@askSlimTeam More like moderately titillated 😁 I had to pause to make the popcorn

[@alexanderpetrov7027]

My blood pressure was too low so I decided to watch ask slim market week

[@ghihbgyu]

Thank you, Slim. I've basically stopped listening to other analysts at this point.

[@askSlimTeam]

Very welcome! Great testimonial!

[@sid6972]

Was the target of $90 on NVDA in the short term before the rally back up to the $120 range? Or was the target of $90 or lower after the rally back up? Thank YOU!! Always great information and teachings!!!

[@askSlimTeam]

Intermediate term- thanks