You Won’t Believe What TOM LEE Thinks Will happen NEXT!

Summary

In this financial analysis video, the host discusses the pivotal moment for traders and investors in 2024, highlighting key market indicators and significant upcoming events. They reference Tom Lee's data, which suggests a 100% record on market predictions, and delve into dark pool transactions and options flows. The video also touches on the US dollar's movements, commodity market improvements, and central bank decisions, particularly from the Federal Reserve. The host provides insights into market trends, including gold and utilities, and speculates on the market's direction in the coming months, inviting viewers to share their perspectives on the market's future.

Takeaways

• 📈 The market is at a critical juncture with key resistance levels being tested before major announcements.
• 📊 Fun Strp Tom Lee has a 100% record on his predictions for the market's performance over the next two weeks.
• 💸 Dark pool transactions and options flows are being closely watched as they could indicate market sentiment.
• 💵 The US dollar seems to be frontloading a short, which might affect other markets.
• 📉 Historically, September has been a negative month for the market, with an average return of -9%.
• 📊 There's a strong correlation between the market's performance in the first half of September and the rest of the month.
• 📅 The upcoming central bank decisions, especially from the Federal Reserve, could have dramatic implications for various markets.
• 📊 The advance decline line shows improving market breadth, which is a positive sign.
• 💼 There's a potential for a market shift as large traders are making significant transactions, possibly indicating a move to the negative side.
• 🔍 The market is closely watching the 5640 level on the S&P, as it could be a key point for future market direction.
• 🚀 Gold and metal sectors are showing positive signs, possibly due to lower oil prices improving profit margins.

Q & A

What is the significance of the current market situation according to the video?

The current market situation is significant as it precedes major announcements from central banks, which could have dramatic implications for metals, currencies, stock markets, and crypto.

What does the video suggest about the market's behavior before major announcements?

The video suggests that markets tend to find key resistance and major trade levels right before major announcements, indicating a period of high importance for traders and investors.

What is Tom Lee's record on market predictions mentioned in the video?

Tom Lee has a 100% record on the numbers he's bringing to the table, particularly regarding his predictions for the market's behavior in the upcoming weeks.

What are the key events in October that the video highlights for market watchers?

The video highlights free events in Melbourne and Sydney, Australia in October, which are significant for community engagement and market discussions.

What does the video suggest about the market's performance over the next 1 to 3 months?

The video suggests that markets will make a decision over the next 1 to 3 months on whether they are on a recession path or a non-recession path.

What is the 'Kangaroo Market' mentioned in the video, and what does it imply for the market structure?

The 'Kangaroo Market' refers to a market that is expected to make a significant move, either up or down, after a period of consolidation. It implies that the market structure is at a critical point where it could move in a decisive direction.

What does the video say about the historical performance of markets in September, particularly in years with a negative start?

The video states that historically, when the first four days of September are down, the average return over September has generally been -9%, suggesting a trend towards a negative September.

What are the key levels the video discusses for the S&P 500 index?

The video discusses key levels of 5515 and 5640 for the S&P 500 index, with 5515 being a potential support level and 5640 being a resistance level that could lead to further upward movement.

What does the video suggest about the relationship between the US dollar and market volatility?

The video suggests that the US dollar seems to be frontloading a short, which could imply that market volatility is expected to increase, especially with the US dollar weakening ahead of significant events.

What commodities are highlighted in the video as showing potential for improvement?

The video highlights commodities such as gold, copper, and oil as showing potential for improvement, with gold production being at its lowest in over 20 years and oil potentially bottoming out.

What is the video's stance on the potential market movement after the FOMC announcement?

The video suggests that the market's movement after the FOMC announcement will be very important, as it could indicate whether the market is heading towards a recession or a non-recession path, with significant implications for future trading decisions.