New Highs in Stocks to be FADED, Not Bought!
New Highs in Stocks to be FADED, Not Bought!
Jim Welsh of Macro Tides sits down with Blake Morrow to discuss the markets after this week’s move in the markets. Jim highlights the comments that came from FOMC’s Waller this week and shows how his tune has changed since the end of November.
Jim also shows us a spreadsheet displaying how the markets strength has been very concentrated since the late December, underscoring the rally we are seeing in the markets.
Jim also gives his US Dollar, 10yr yield, S&P and Gold forecasts through an Elliot Wave viewpoint.
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