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Real Vision: Finance & Investing

Is This Stock Breakout a Fake-out?

Real Vision: Finance & Investing

Real Vision

Business News, Business, Investing, News

4.11.1K Ratings

🗓️ 23 January 2023

⏱️ 34 minutes

🧾️ Download transcript

Summary

The U.S. stock market rallied to start the week, with the Nasdaq Composite leading the way after a slew of job cuts from major tech companies entering earnings season. Both the Nasdaq and the S&P 500 made new monthly highs and broke above key moving averages. Mike Coolbaugh, the founder of Element Macro Research LLC and a Real Vision analyst, joins Maggie Lake to discuss today’s price action and what macro data he’s watching we move into February. Then, technical trading legend Dave Floyd of Aspen Trading Group joins the conversation to read the charts and share how he’s identifying tradeable trends. We’ll also hear Jared Dillian’s take on gold from last Friday’s extended Daily Briefing. You can watch that entire interview right here: https://rvtv.io/3GZtF6O Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

This episode is brought to you by London Business School.

0:03.8

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0:08.8

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0:11.8

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0:15.0

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0:18.6

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0:21.4

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0:23.8

Navigate the now and be prepared for what's next with London Business School.

0:31.0

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0:34.0

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0:38.0

Visit ReelVision.com slash RVPod and use the promo code podcast10

0:43.0

at podcast10 to get 10% off our essential membership for the first year.

0:48.0

Join the ReelVision community and learn how to become a better investor.

0:51.0

I'm now to the top analysis of today's markets.

1:01.0

Is this stock breakout a fake out?

1:04.0

Hi everyone, welcome to the ReelVision deli briefing.

1:07.0

We're going to kick the week off with two guests to help make sense of what's going on.

1:11.0

Dave Floyd, founder of the Aspen Trading Group and Michael Kuba,

1:14.0

founder of Element macro research and an analyst here at ReelVision.

1:18.0

Hi gentlemen.

1:19.0

Good afternoon Maggie.

1:21.0

How are you Mike?

...

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