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Real Vision: Finance & Investing

Will Earnings Bolster the Bulls? With Dale Pinkert

Real Vision: Finance & Investing

Real Vision

Investing, Business News, News, Business

4.11.1K Ratings

🗓️ 16 October 2023

⏱️ 35 minutes

🧾️ Download transcript

Summary

​🔥 GET 3 months of Real Vision for Just $49 https://rvtv.io/3ZyY70t Dale Pinkert, head of trader development at TradeGateHub, joins Maggie Lake to discuss the latest earnings numbers and update us on his outlook for tech, gold, the U.S. dollar, and more. You can find more of Dale's work here: https://www.forexanalytix.com Today's episode is sponsored by KraneShares KCCA ETF, the largest, most liquid, and only public market California allowance ETF. Please read the prospectus before investing in Kraneshares. Learn more about the KCCA ETF here:  https://kraneshares.com/KCCA/realvision. Investing involves risk. Principal loss is possible. KCCA is distributed by SEI Investment Distribution Company (SIDCO). Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Hi everyone, today's Real Vision Daily Briefing is sponsored by Crane Shares.

0:04.9

Learn about their KCCA ETF at CraneShares.com forward slash KCCA forward slash Real Vision.

0:14.4

Now to the top analysis of today's markets.

0:26.1

Welcome to the Real Vision Daily Briefing with me today is Dale Pinkert, trading coach at Trade Gate Hub.

0:33.1

Hi Dale, it's great to have you back.

0:35.1

But to be with you, Maggie, wow.

0:38.1

Yeah, wow.

0:40.1

Lots of untangle and to make sense of, and I think a lot of people are sitting here thinking that.

0:45.1

So we, you know, are all sort of, you know, watching nervously and with a great degree of hard work.

0:55.1

I think it's fair to say on the developments that are happening geopolitically.

1:00.1

And then we roll in and we see stocks rally to start the week.

1:04.1

Despite that backdrop of Israel's imminent invasion of Gaza, we, we see Treasury yields stocks up across the board.

1:11.1

Nasdaq 1.2, S&P going to end with a gain of 1% down nearly 1%.

1:16.1

Even the Russell was up. Vicks down 10%. And we see Treasury yields creeping up a little bit.

1:23.1

$1, a little bit off its recent highs, a little less action on those two fronts.

1:27.1

But, I mean, what do you make of this? What's top of mind for you as we kick off this new trading week?

1:32.1

Well, when we were up around 4,600, I said, I was looking for a decline to 4,200.

1:38.1

And that would be a battleground. And that's exactly what it held.

1:42.1

I have to admit, I'm surprised how well let's held up with the backdrop that we have geopolitically.

1:49.1

What we had with the NFP, what we have going on in Congress.

1:54.1

So it's definitely the strength.

1:59.1

I thought we had peak last week at 61, 8, which is around 4,400.

...

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