What John Howell said in this video:
- GeopoliticsneutralWhen fear dominates headlines, as during the Iran war, that fear creates market bottoms because price has already priced the news in.Source
- DIAbullishmid-termUsing the Dow's weekly chart, he argues the pullback was a normal healthy pullback and a trend remains in effect until a definite reversal signal.Source
- Otherpositive for stockslong-termGold is in a resting, energy-building phase after its third stair step; already about 6 months in, he expects another big move after a total of 6-12 months of consolidation.Source
- IWMbullishmid-termThe Russell pulled back on weekly bars, formed a higher low, and continued higher, keeping the uptrend intact.Source
- SPYbullishlong-termThe host states we are in a very big bull market and recent declines were normal healthy pullbacks, not reversals; he was long and benefited from the bounce.Source
- Otherneutralmid-termAfter silver's big run, its energy is largely spent and a sideways time phase is about to begin, making this the worst time to enter.Source
- XLEneutralmid-termAfter a three-month bull move, XLE has done nothing for two to three months because it already had a big move and needs time to refuel.Source