Dana Lyons – Technical Outlook for The S&P, Tech Stocks, Bonds, Bitcoin, Oil and the USD
Dana Lyons, Fund Manager and Editor of the Lyons Share Pro website joined us to share his near term outlook and trading strategy for a wide range of markets. We start with US markets, specifically the S&P and tech stocks. We then move over to the bond market and ask if the continued rise in yields could at least be paused for a while. Next up is Dana’s outlook for oil, Bitcoin and the USD.
Click here to visit the Lyons Share Pro website to follow along with Dana’s market outlooks.
Opened + .05%. Just went negative. Everyday the same pattern. Intervention.
TSX.v lower low with a less low RSI… IMO we may have to stick a fork in this index if it closes a few times under 500, it should be making a solid low before then… maybe.
a higher high close above spx 4400 that sticks next week will have permabears running for cover.
And then there are the forever hopeful gold equity bull. In particular those loaded up with the penny dregs and their promoters with constant drill results. And need of cash to hold their employment. More bought deals coming anyone.
The outlook on Freaky Friday………… is not good…….. extend pretend………