What John Howell said in this video:
- DIAneutralshort-termThe Dow Jones is at a dangerous point after a short-term rally; the daily chart shows lower lows and a probable 50% move, but no clear direction is stated, so caution is warranted.Source
- QQQbullishlong-termThe Nasdaq had a false breakout and looks weak in the short term with more downside likely, but the weekly chart shows higher lows and an ongoing uptrend, making this pullback a great long-term buying opportunity.Source
- IWMbearishshort-termThe Russell bounced off a double-top neckline target, but it remains in a strong downtrend; the host sees more weakness over the next couple of weeks and does not want to fight the trend.Source
- Othernegative for stocksshort-termThe market had a short-term rally but is in a dangerous spot; the indices are shifting into a downward phase with more weakness likely over the next couple of weeks before a big rally eventually arrives.Source
- Othernegative for stocksGold has formed a massive head-and-shoulders top on the weekly chart, meaning the bull market is over; the host expects gold to get crushed, with a measured downside projection toward the 3,000 level.Source
- Othernegative for stocksSilver is making lower highs and looks extremely weak; the host expects it to break the 55 support and drop toward the low 40 dollar level.Source
- Bonds & Ratespositive for stockslong-termAfter a big move in the bond market, the host sees bonds as one of the greatest investments ever; he is personally positioned and expects a major move higher over the next couple of years.Source