Weekly Market Outlook For AUG. 5 – 9, 2019

Watch Your Downside
Watch Your Downside
July 31, 2019
Markets careen lower and my roller coaster ride
August 5, 2019
Show all

It was a move we’ve been portending for a while and the bears finally took control this past week as the combined volatility from AAPL’s earnings, an FOMC announcement, a Trump tweet, and the start of a new month allowed sellers to finally break the multi-week long bullish move that began back at the beginning of June.

Earnings will be the primary news driver this week however there has been sufficient technical damage done that we can expect to see additional downside volatility.

In this week’s video, we look at the technical outlook for the VXXB SPY QQQ IWM DIA EEM TSX TLT GLD XAUUSD BTCUSD TOTAL UKOIL EEM FB AAPL AMZN NFLX GOOG DIS for the week of August 5 – 9, 2019.



Recommended

Weekly Market Outlook For AUG. 5 – 9, 2019

by editor time to read: 1 min
0
×
Sign up for our weekly newsletter
Stay up to date with the podcast, and get notified when the next podcast drops.