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Mag 7 Pullback Drags SPX, Gold Retesting All-Time Highs

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Manage episode 480924769 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Markets open on another down day thanks to Mag 7 weakness after Constellation Energy (CEG) noted energy production for A.I. may be overstated. Kevin Green turns to the Mag 7 chart to show a potential head-and-shoulders pattern signaling more downside. He adds that gold is retesting all-time highs as volatility reignites. On crude, Kevin shows signs of a turnaround in price action.

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4395 episodes

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Manage episode 480924769 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Markets open on another down day thanks to Mag 7 weakness after Constellation Energy (CEG) noted energy production for A.I. may be overstated. Kevin Green turns to the Mag 7 chart to show a potential head-and-shoulders pattern signaling more downside. He adds that gold is retesting all-time highs as volatility reignites. On crude, Kevin shows signs of a turnaround in price action.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

Follow us on X – https://twitter.com/schwabnetwork

Follow us on Facebook – https://www.facebook.com/schwabnetwork

Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/

About Schwab Network - https://schwabnetwork.com/about

  continue reading

4395 episodes

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