Soar Financially, Released on 8/29/24
Momentum Analyst Michael Oliver returns to discuss the current market environment. What do the chart setups currently tell us? How much momentum is left in the market?
Chapters & Timestamps (AI generated):
00:00 – Intro
00:37 – Welcome and Introduction of Guest Michael Oliver
01:34 – Discussion on the Current Economic Vulnerabilities
04:08 – Historical Context of Rate Cuts and Market Behavior
05:48 – Overview of the U.S. Bull Market and Its Implications
07:47 – Potential Market Topping and Momentum Analysis
11:16 – Discussion on the Fed’s Upcoming Rate Cut Decision
14:05 – Insights on Gold, Silver, and Bond Market Movements
21:15 – Analysis of Momentum Floors in the Stock Market
23:33 – Price Targets for Precious Metals
29:07 – Impact of Fed Decisions on Stock and Bond Markets
31:17 – Reallocation of Assets and Market Indicators
33:08 – Evaluation of Mining Stocks
36:27 – Overview of Base Metals and Commodities
39:20 – Tech Sector Analysis and Market Expectations
44:02 – Conclusion and Final Thoughts
J. Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton’s International Commodity Division, headquartered in New York City’s Battery Park. He studied under David Johnston, head of Hutton’s Commodity Division and Chairman of the COMEX. In the 1980s Mike began to develop his own momentum-based method of technical analysis. He learned early on that orthodox price chart technical analysis left many unanswered questions and too often deceived those who trusted in price chart breakouts, support/resistance, and so forth. In 1987 Mike technically anticipated and caught the Crash. It was then that he decided to develop his structural momentum tools into a full analytic methodology. In 1992 the Financial VP and head of Wachovia Bank’s Trust Department asked Mike to provide soft dollar research to Wachovia. Within a year, Mike shifted from brokerage to full-time technical research. His website is Olivermsa.com. He is also the author of The New Libertarianism: Anarcho-Capitalism.