What John Howell said in this video:
- SPYbearishshort-termThe host expects the S&P 500 to roll over toward a lower support level first, then rebound from there.Source
- SPYbullishlong-termThe host sees the market still in a strong trending environment and says he would not want to be short.Source
- IWMbearishshort-termThe host sees the Russell's rally setting up a lower high before a big drop, and says he is not buying this move.Source
- QQQbearishshort-termThe host sees a false breakout and reversal on the Nasdaq 100, expecting a short-term move to the downside.Source
- DIAneutralshort-termThe Dow is holding at the 50% Fibonacci level in a 'do or die' spot; a rollover would make a lower high, but the host frames it conditionally.Source
- Othernegative for stocksmid-termSilver is in a strong weekly downtrend; the host expects a break below $50 and a move down toward the $40 level.Source
- Othernegative for stockslong-termThe host has been bearish on gold all year, expecting rallies to be sold and a move down toward the 3,500 level.Source
- Othernegative for stockslong-termThe mining sector is in a multi-year 'time phase' consolidation full of false breakouts, with much more downside before any move up.Source
- XLEbullishlong-termThe host calls energy his number one investment, seeing a long-term monthly breakout on XLE as the start of a big bull market.Source