Hey Trader,

I’m back with your weekly Market Outlook Video below.

Here are the top stories this week…

Market Overview:

• VIX (Volatility Index) is on the rise due to government shutdown rumors.
• Bonds are under pressure, contributing to VIX firmness.

Stock Market:

• The QQQ (NASDAQ 100) is up slightly today but has had a rough week.
• The market remains uncertain with bearish signals (21 below the 50).

Individual Stocks:

• Chinese EV stocks are down.
• Uranium stocks are performing well.
• Oil and energy commodities show strength.

Tech and Consumer Stocks:

• Apple is stuck in a range and may head lower.
• Consumer stocks like Foot Locker and Urban Outfitters facing challenges.
• Amazon recovering after Friday’s dip.

Other Sectors:

• Housing shows a slight recovery.
• Financials are mixed with JP Morgan likely to revert to industry norms.
• Intel is trending down.

Upcoming Events:

• Keeping an eye on the situation in the House.
• Monitoring MSOS for potential legalization, but beware of “buy the rumor, sell the news.”

Upcoming Content:

• I’ll provide updates throughout the week.
• Don’t miss Griff’s show on Wednesday at 7:00. Sign up here.
  
  
  

Watch the whole Market Outlook Video right here…