'Big Rally' Could Last Until May, Then Markets Turn 'Ugly' | Chris Vermeulen

Chris Vermeulen, Chief Market Strategist of The Technical Traders.com, discusses the direction of the stock markets, as well as correction indicators to watch.
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*This video was recorded on February 19, 2024
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0:00 - Intro
1:26 - Market performance overview
6:30 - This time vs. 2008
10:00 - Exit strategy
13:46 - VIX
18:49 - Gold
31:30 - U.S. dollar
#stocks #investing #trading

[@Shotime91]

“Maybe it will go up, maybe it will go down, maybe it will go sideways”. Great insight

[@yawzerdoink-a-sore-as8159]

You are not listening to the video. He said it will dump, nothing else. You need to short the market, dummy

[@neonovalis]

Fantasy money fiat can do anything. Hard to make predictions...especially those which concern the future.

[@iflifeisaleaf3125]

How did you arrive at that from this extensive analysis 😂 wow.

[@iflifeisaleaf3125]

​@@Zen36977word salad to you maybe 😂🥗 others? Not so much

[@at9048]

That's how it goes dude!

[@ivanmejia6843]

Always love Chris's groundbreaking analysis. Paraphrasing Chris -"Gold can go up, down, or sideways" .

[@Gladiator-qu7co]

Lol

[@heinzbucksandcastle2053]

Gold and silver are done, they do nothing! Bitcoin is a different story, money is pouring into the ETFs.

[@4hartrich]

@@heinzbucksandcastle2053 so if so much new money is pouring into Bitcoin etfs why is it not at an all time high?

[@nights5956]

@@heinzbucksandcastle2053 Indeed and agreed 👍🏽

[@jc7887]

I have been hearing stuff like this for the past 4 years now.....eventually they will be right.

[@gustavocoelho11]

Mate, in 4 years you had 2 major corrections...lool!!

[@kiosunightstep6640]

@@gustavocoelho11 2 major corrections that were quickly erased, and new ATHs were reached shortly after. Chris is saying something much more than that, he said we're gonna head into a deep multi year bear correction.

[@gustavocoelho11]

Sorry, i don't agree with you. 👍

[@user-en5is4lr9v]

Even a broken clock I right twice a day.

[@gustavocoelho11]

Respect the opinion of others@@user-en5is4lr9v. Don't be a bully, ok. 👍

[@paulawill0238]

that 1 mil house was 500k in 2019

[@ivar766]

Lately i got interested in crypto but has no idea on how to go about it. How does it work please..

[@benjaminocampo3359]

As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided by Fergus waylen a widely known crypto consultant :

[@BulentKizilaslan]

What impresses me most about Fergus Waylen is how well he explains basic concept of winning before actually letting you use his trade signals. This goes a long way to ensure winning trades.

[@lea5898]

His technical analysis is excellent and hid interpretation/projections of the market is so accurate I sometimes ask myself if he is human haha. Point is, Waylen is the perfect trader to follow for advise and daily signals.

[@inicMich-rc5wo]

His stop calls have saved me from potential losses more times than I can count. Waylen's risk management strategies are truly effective

[@robertgreg6009]

Sincerely speaking. I will continue to trade and stick to Fergus Waylen daily signals and guides as long as it works well for me.

[@Lida12007]

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 Veronica Hoy.

[@ClarenceGuirgio1]

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

[@FrederickBarbieri8j57e7]

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.

[@hansonhughes684]

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

[@BirgitAliyev-tys62]

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

[@Davidson0007]

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

[@JTISOLA]

Great guest doesn’t play politics stays true to charts and buyer sentiment

[@williamwallace6508]

Yes and always wrong

[@JohnAnderson-wc2fw]

Good show guys. Very informative

[@feboogi]

Thanks David !

[@bpolat]

Thank you very much. Really very informative.

[@bssb936]

Excellent video thanks 😊😊

[@4hartrich]

The QQQ looks like it may have topped. What happens after NVDA reports tonight will tell us even more.

[@georgeholloway3981]

Small caps are not in a bubble.

[@wadej769]

Yep. Just the opposite most undervalued in two decades lol

[@-Atmos1]

Bit Digital (BTBT) have potential for a move to the upside . Agreed .

[@JohnDoe-po9br]

05:10 "When we saw this huge gap down and massive panic selling, that was a distribution selling day." What indicator or market metric is used to measure this?

[@annunakian8054]

The exact opposite prediction of Tom Lee

[@user-en5is4lr9v]

Tom Lee I respect because he has been right all along. These guys have been wrong for years! So no, I do not respect their opinion.

[@GoodGolden]

Thanks!

[@cryptobull4442]

Great video

[@kdcarespainting8651]

Do inverse etfs also sell off during a crash?

[@gazallee]

Insightful

[@jc7046]

great guess. very insightful, backs up his reasoning! keep him coming back.

[@sk-nc4ew]

Thank you David for the very stable very well researched and prepared quality interviews! Your channel is one of the few "lenses" I look through to understand our weird world ;-) And thank you for bringing Chris back on the show, he always shares so much high value insights :-)

[@seanobrien7751]

appreciate your thoughts Chris. Easy for the commenters to hate on a trader - tough biz! I agree we get one final pop / short squeeze before we reach the final top. But i think the DXY drops during that before it's ascent to 120 like you said.

[@vyzion]

Chris has a nice change of pace in the world of hard and fast with his safe, sure, and steady approach

[@freedomwatch3991]

Anybody know what charting software he was using?

[@zipperdingo6385]

This guy Chris Vermeulen is a treasure himself, I watch every video about him

[@ragurajaguru]

Every Month Just DCA!

[@titchglover2601]

Warched for the second time. Thank you for sharing the VIX thats new for me. Sold a large portion of zsp this morning. Probably to soon of an exit however prep for more defensive. Can not afford a loss thank you both.

[@jasonruppert9693]

Great interview and great guest thank you

[@tomateeee33]

The move for next year are bonds. because the gov will reduce the budget

[@williewest5574]

Chris rules

[@jnwofor1795]

Chris and Gareth are my favourite guest! Thank you for always bring on great guest who are always informative

[@alexkaplan3957]

Be careful with Gareth. He has wiped out his subscribers portfolio. Lost tons of money because of his shorts and lack of risk management. All his subscribers have been rekt. He is short nvda since 250’. Down 40% on GE. Down on smci (short), down on aapl, msft, nflx, meta. In fact there is NO (zero) trades that he is winning. ALL his trades are in the red. Be careful with Gareth. He has destroyed his followers.

[@wheatcandle]

The way Chris talks, it seems like he always makes money and never loses money. Am I missing something?

[@Bigchuckers]

When you are always in cash, you don't lose.

[@xmonikerhotmailcom]

@@BigchuckersYou lose the most, 14% annual debasement of the currency!

[@kmilton1593]

So where do all these charts show "Present Day Value" so we can 'really see' how they have performed over the last hundred years? Wall Street Brokers and KZbin Analysts never seem to show the vertical axis of the charts adjusted to show Present Day Value. Why don't they? Because then you would see true accuracy charts that are just about flat with only slight rises.

[@kastrinaki12]

for a long time I didnt want to accept what he had to say becuz I was bearish. but i have to eat my words, tracking Chris, most of the time he has been right and I wasnt. well done

[@avefuqua]

So be it.

[@heinzbucksandcastle2053]

The markets have benefitted from tons of liquidity. This countered the interest rate squeeze. We will have a correction but may be 2025 or 26.

[@mr.bullion6786]

Don't care much about the market, just send me the dividends and I'll be fine.

[@JACk-hv7yf]

IWM will rally massively on first rate cut 😉

[@ampiciline]

Hello everyone ! hope all is well ! part 32:20 of the video was VERY interesting and got my attention .can someone tell me what is the Ticket symbol abbreviation for US dollars ETF ??? David is saying DXY but it does not pop up in my platform .... Chris mentioned about UDN ( invers us dollars ETF ) BUT what is the normal EFT for US dollars TICKET symbol ? is it UUP ??? what is a difference between DXY and UUP ???? I need a ticket symbol for US dollars ETF to buy . thanks in advance !

[@warrenapepuffet4612]

the ticker symbol is UUP . btw referencing what you said, do you know how does he draws the fib that yields 618 coinciding with the most recent swing?? like which two points???

[@ampiciline]

@@warrenapepuffet4612 you will draw it from previous low to previous high ....you could see he did it from 88 to 122

[@alliedmastercomputer5407]

Chris is going to be horribly wrong. He's also reading the Vix divergence wrong. It does this at reversals

[@Bigchuckers]

Too many of these technical traders think about what will happen, then look for it in the charts.

[@crap8011]

This guy is locked in a battle with Gareth to see who can be more wrong...

[@chelseahaile6962]

I’m dead 😆

[@Al-yu6bq]

And E.B. Tucker

[@bobbylazar]

And Dent

[@bobbylazar]

And Prechter

[@alliedmastercomputer5407]

Prechters made more big calls in a few years than you will in your entire lifetime@@bobbylazar

[@graceamsterdam5404]

Thank you for the interview gentlemen 🙏🏼 However, I am not convinced, a bit vague for me. It would be more convincing and helpful when somebody can describe a process/series of events that will lead to pivoting points. Like, you make a statement, you explain the why and you describe a series of events that need to happen that will make your thesis correct ór that makes you rethink your thesis. Signals and cues in a certain environment/context. I appreciate technical analysis very much. Same goes for fundamental analysis. At the same time, every analysis is based on the past. Right now we are in times that cannot be compared with anything from the past (at least not in 1 or 2 lifetimes. Or am I wrong here?). We have merely made up for the losses of the last two years, which is rather different from the build-up to the previous crises. I am very surprised to see the trust that he puts in the value of the usd. Let’s hope so. But again, thank you.

[@NorthAmerican-zo3ob]

May 6

[@the_red_letters]

Peak the week of March 11-15th. Pause until the Fed announce on March 20th that they will NOT lower rates again. Dip and reaction to that news along with more layoffs. If it doesn't crash until May, there's something wrong.

[@ariebesserman3746]

Very confusing...I don't understand his timeline...

[@paulattaboyatreides6414]

Is vix at 15 considered high?

[@dusankacurak9520]

Not at all Start buying at 30 and above

[@jesusparedes3802]

AMS94K to the moooon 🚀. AMS94K will hit 1bn marketcap soon, its volume is insane. Binance or coinbase listing might be soon🎉🎉

[@thierry-le-frippon]

We hear that music since a year already ! Nvidia seems to be able to save the entire market each time... So it can continue for a few more quarters.

[@essenceflow]

Chris, please start an ETF. Would support that. Others would too. Lots of common sense.

[@JamesG1126]

I predict no rate cuts and economy stays strong for the year. Fiscal stimulus is massive and enough to keep everything levitated.

[@minutemaniii7062]

Famous last words

[@moriorinvictus]

Give David a few years, and he'll own this space on SM. It was a rocky start on kitco though 😜

[@sime2890]

Do you think uranium would be a safer hedge against stock market going down 🤔

[@tomek6106]

Sprott Uranium Physical is on -11.38% discount. It means you buy something which is 11% cheaper than intrinsic value. Uranium price shouldn't drop because it is Supply/Demand situation, not a stock market liquidity situation etc.

[@Bigchuckers]

Uranium stocks will get sucked down with any negative market volatility.

[@sime2890]

There up 30% at moment but have been up around 60 so a bit reluctant to sell

[@CM-fx1tp]

31:55

[@BlackBalloonGraz]

Ok I understood most of it. But not how the dollar would move higher now, to me it would seem more plausible that dollar sinks first with coming rate cuts, stocks and gold gains for a short burst... And only THEN the dollar rises.. What didnt I get..?

[@Gladiator-qu7co]

What rate cuts?? Not hapenning, inflation is ticking up...

[@user-en5is4lr9v]

Gold? Are you serious? In this environment? It will go lower as equities continue to rocket up.

[@jessicagarciamartinez9369]

Great points to consider. If AMS94K can offer these utility married with a culture-based premise, I don't see why these wouldn't moon.

[@shaunsprogress]

"It might go up, it might go down, it'll probably do both..."

[@CharlieMoneyPH1]

So, the adage "Sell in May..." will still take effect?

[@yawzerdoink-a-sore-as8159]

Always, yes

[@PonziZombieKiller]

Empire Collapse 🎬

[@michaelacton6246]

Looking for a 8 to 15% correction we are currently experiencing then try to push back to take out all time highs then crashing.

[@tomateeee33]

Just look argentina, willl finish the same way big recesion

[@DonRua]

Sounds like David Hunter.

[@autto101]

Wow .. this guy actually said, I don't look at politics or global news, I just invest in math, oh dear ... That's concerning

[@kevinjoseph517]

'i think' 'maybe' 'probably' quotes

[@robertfrangie8986]

Recession started in December 28th, 2024. I own 2 businesses. Im well prepared for it.

[@sauljimenez6738]

HELL NO!!!! I BET MARKETS WILL GO DOWN IN MARCH

[@timgibson3754]

maybe. but always push bitcoin

[@jhull5870]

Chris has been saying the same and using the same chart now for almost a year and a half. Eventually he may get it right. Chris is warning of a crash but yet he is long. But he has been warning of a crash for a long time.

[@jimmydean4509]

Everyone is now starting to say we'll see one more big push and then a drop, so maybe we just get the drop or go up forever 😂

[@rookie7413]

That is way too bullish on the dollar DXY. That is scorched-earth policy. Nothing will be left standing. Including your grandmothers pension.

[@alliedmastercomputer5407]

Not at all. Stop looking at the dollar as an inverse relationship. Its not.

[@selenajack2036]

What are the best strategies to protect my portfolio from a possible crash? I've been made to understand that it probably will devastate the financial market, so I'm concerned about my £$300k stock portfolio.

[@buffett1000]

This guy... man....David...why do you interview him?

[@dw6064]

You are sooo correct. Locked in battle. 😂 The wall of worry. These guys him and Garrett will capitulate at some point late next year and will be left out. Lol

[@xmonikerhotmailcom]

Yup, and when they enter the whole thing will turn lol.

[@erbterb]

What is the real hit rate and performance? Same patterns, same rally and rollercoaster, but no dinero. When Hankey said yesterday that the oil price went negative in 2020 due to saudi pumping oil it sent me over the cliff of BS.

[@jams472000]

Well, Gareth Soloway destroyed my portafolio with his freakin shorts, at least Chris V’s portfolio is making money and following the trend unlike others which called the corrections too soon and jumped in front of a freight train and got wrecked

[@tomateeee33]

i expect a dump but it will be bought back

[@M.S-Music]

This shit is going to end badly, i´m long the VIX since 12.65.

[@xmonikerhotmailcom]

It is going to go back to under $13 because of those gaps eventually.

[@nousernameforus]

One minute he says we are in a strong bull market the next minute a big correction is immenant. And then he says it will bleed slowly. Wtf is he talking about

[@sazajac77z]

Why are traders always referred to as "people"? Like 85% of them are computers.

[@Actuary1776]

I guess if all you do is call for a crash one day you’ll be right.

[@VT-ix5oh]

Cant all markets just b a big manipulation. If some powerful interest sees market dropping, just dump a trillion into it and poof new all time high

[@broersverband7586]

Stockmarket is never going to come down everything else is a waste of money just fucking buy mag7 and nothing else

[@StockGenius152]

Market will go up and down and up and down and up and down 😮

[@TimberBTV]

so basically he said he loves gold miners and is so bullish and then proceeded to show us charts and tell us about how random the price swings are and that its just all random and unpredictable kind of confusing but im bullish on miners. gold price above 2K for months and poised to break out. 34 trillion plus in debt, hopeful fed cutting, a crazy world full of wars as we still wait for asia to participate in more war, oil kind of stabilized in the 70's ish er barrel price range so margins a tad better. bullish gdx, ill wait and gobble anything in the 20's. better gut feeling in miners than tech i can say that.....

[@JuanManuel-vt5kt]

I dont always bet on crypto, but when I do, its the most interesting crypto in the world like BTC and AMS94K

[@christofferskaarer2866]

Jesus so bearish what about starting with a post mortem om bad calls for last year and rebuild credibility? This is just painful

[@JoeEvermore]

But why do so many people overpay for stocks? Stocks go down, people sell at a loss…why do people bother to do this- Especially reasonably intelligent people. For if they were “dumb” they could not organise a trading account and even to look up what stocks to buy. Can anyone enlighten me?

[@Bigchuckers]

Because they trade with their emotions and are unsure of what they are doing. Just buy, don't sell.

[@JoeEvermore]

But would they not after a few times loosing money on overpriced stocks learn that these “emotional “ purchases are a big mistake? @@Bigchuckers

[@randy74989]

No, we are closer to 1995 than 2000 as far as AI is concerned. Stop worrying about a supposed bubble and invest with your head. Stop buying single stocks and taking a single-stock risk. Buy appropriate ETFs, thematic, sector, global, fund-of-funds, S&P 500, or whatever for your core holdings including bond funds, such as T-Bills, Intermediate, money market funds, and HODL. LOL 🤔 PS - If you want to gamble, go to Vegas, have fun leave your cash in the casino, and enjoy the nightlife and food, a mini-vacation!

[@mikesmith2315]

There will be a simultaneous stock market crack- up boom at the same time that stock markets hit new all-time lows. We will be riding this wave...😂

[@skytrip5273]

One day people will wake up to a gap down and a massive sell off. Hopefully monday😁

[@NavyMoo5e]

How many times is this guy going to be on saying the same thing?

[@tonylopetrone9828]

The economy and the markets are two different things. What he didn’t mention is that liquidity is coming into the market. S&P to 6000

[@mwase7782]

liquidity from where?

[@Gladiator-qu7co]

You listening to Raoul Pal much, huh ?

[@xmonikerhotmailcom]

Liquidity is down almost 20% from a month ago. Don't parrot the youtuber talking heads, go look at Tradingview, the indicator clearly shows liquidity is down.

[@JACk-hv7yf]

Chris, shame on you ☝️ 4 - 8% to go in S&P??! Rallying the retailer to liquidate your positions??

[@megamanagers]

He said crash one year ago, how is funny and how easy to be expert

[@MikhailFromUSA]

If the government did not spent 100s billions on war and budget deficit we would have crash already. Now it will be much worse since it flies too high

[@marcrico88]

microblading

[@vincentmurphy9252]

I think we have a correction 100% Pod cast 2 I’m Positive 100% no correction

[@flipvansaksen774]

Again ?

[@user-no1yp1ki5d]

What is drama guys

[@kenthughes4396]

Nobody knows guys hate to break it to you.

[@travisbrinson848]

We must NOT bail out the bourgeois, let all the grifters eat dirt!!!!