Felix Prehn - Things Are About to Get Painful (Nasdaq Breaks Down) + Stock Market News 04 September 2024 (Goat Academy)

04/09/2024 14 min
Felix Prehn - Things Are About to Get Painful (Nasdaq Breaks Down) + Stock Market News 04 September 2024 (Goat Academy)

Listen "Felix Prehn - Things Are About to Get Painful (Nasdaq Breaks Down) + Stock Market News 04 September 2024 (Goat Academy)"

Episode Synopsis

Are you ready to navigate the turbulent waters of today's market with confidence? Join me, Felix, as we assess the morning landscape following a significant downturn. We'll shine a light on the pre-market scene, noting that while most stocks are facing moderate declines, exceptions like AMD and Berkshire are standing strong. I'll share our winning trading strategies and how automation and consistent rules have played a crucial role in our success. We'll unpack the latest manufacturing PMI numbers signaling a potential manufacturing recession and discuss what this means for the broader market. As we approach the notoriously volatile second half of September, I'll help you understand the dynamics at play and uncover opportunities amidst the chaos.Continuing our deep dive, we explore the vital role of round numbers in trading, drawing connections to historical trading patterns that remain relevant despite technological advancements. Our detailed analysis of QQQ reveals key support levels and significant sentiment shifts, highlighting a bearish trend with critical support points identified at 450 and 440. We'll discuss how the support has notably dropped below the 50-day moving average line and what this means for traders adjusting to current conditions. Prepare for further market turbulence with expert insights and actionable strategies to stay ahead in today's complex trading environment.Support the show👉 Claim 99% Off the Financial Freedom Program. Use coupon 99PC at checkout https://felixfriends.org/stocks

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