Hello, askSlim Community!    

The Market Week “minutes” are taken from our Free weekly Market Week shows, where 47-Year Professional Stock, Futures, and Options Trader, Cycle Analyst Pioneer, and founder of askSlim.com, Steve “Slim” Miller, reviews what transpired in the financial markets during the week and provides a technical outlook in time, price and direction. Enjoy!

If you would like to watch this week’s Market Week show from the start, you can do so below. Otherwise, you can click on underlined titles below to open video topic starting points where Slim begins his analysis:

NOTE: Click on underlined titles to open video topic starting points where Slim begins his analysis

SHOW INTRODUCTION

WEEK IN REVIEW

  • Market Recap and General Outlook
    • The PPI was much hotter than expected and the CPI was slightly better
    • Powell said we may need more time for the interest rates to work but don’t need higher rates
    • DayTrader Service market review of the last week
    • The period of strength we expected in June/July has already begun
    • The decline we expected is likely to only be mild before higher prices
  • Index and Bond Updates
    • Indexes are up 2%-3% for the week
    • 30-Year bond market are up 1.8 points
    • 10-Year yields are down 9 basis points
    • Gold is up $45 for the week
    • Silver is up $2.50, hitting our targets
    • The dollar lost about .7%
    • Oil got a bounce, setting up a minor upside move before downside risk

TRADE PLANNING WITH THE ASKSLIM TEAM – BTC, EWZ, UNP, MS

REVIEW OF ASKSLIM SERVICES – LEVEL 4 SPECIAL OFFER & THE ‘BEHIND THE CYCLE ANALYSIS CURTAIN’ WORKSHOP DETAILS

ASKSLIM LIVE Q&A

STOCK MARKET ANALYSIS WITH THE MARKET CONDITIONS MONITOR

STOCK MARKET ANALYSIS

  • S&P 500 (SPX)
    • The period of strength is now May-July
    • Upside projections are $5400 – $5550 – Weekly chart
    • At $5500 would be the highest valuation of the stock market ever
    • Market conditions are still strong
    • Projecting a corrective period over the next few days – Daily chart

That’s the show for this week! 


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