Visibility: Public
Read/Watch Time: 28 minutes
Thanks for tuning in. This video shows the status of our SquiggleTrader trends and where the markets are from a big picture perspective.
Are your friends talking about these declines yet? They should be.
Today, we cover the usual suspects like Gold, Oil, Interest rates, Bonds, S&P500, Nas100, Russell 2000, VIX and others.
The Federal Reserve will announce its interest rate intentions on Wednesday afternoon. So, this should be a volatile week.
One of our 4 Pillars is “If there is nothing to buy, buy nothing“. I make mistakes when I try to force a trade.
The market will give us what it will give us. It’s good to learn patience and wait for the trade to present itself.
Please feel free to teach this to your family and friends. We appreciate the referrals.
Here is the video link: https://squiggletrader.com/wp-content/uploads/2022/05/Markets-Update-Volatile-05022022.mp4
Trade well.
Cheers!
Bo – Chief Squiggler
Help Yourself. Help Others.
Disclaimer
This communication is not a recommendation to buy or sell any security. It is not to be considered financial or investment advice. This is an educational and training tool only. If a specific security is mentioned, it is for illustrative and hypothetical purposes. You must use your own knowledge to determine what to trade, how much to trade and when to buy or sell. Investing and Trading involves risk and you can and will lose money. Past performance is no indication of future results. You should practice with fake/virtual money (paper trading) before risking real money. All communications and videos are for members only and are not to be shared. Consider all content copyrighted.