Tom discusses the mixed action from Monday, then talks about the possibility of a short-term rally from here given monthly options expiration this Friday. He then analyzes many international markets, highlighting the fact that Germany has begun outperforming the U.S. Finally, Tom wraps up the show with a couple big earnings reports and the 3 You Must See.
Tom discusses the current bear market behavior, comparing the current version to 1990, when similar issues were present. He illustrates what to look for when the S&P 500 bottoms later this year. Tom provides a quick earnings update, before wrapping up with the 3 You Must See.
Tom highlights the S&P 500 on 3 different time frames and points out a likely rebound point on these charts. Sentiment remains problematic and Tom explains why, before wrapping up the show with several weak earnings reports and the 3 You Must See.
Tom discusses the market's reaction to the latest Fed meeting, including a breakdown of the technology sector. After highlighting a few key earnings reports from Wednesday's after hours session, Tom wraps the show up with his 3 You Must See.