Markets Approaching a Major Market Top says Technical Trader Chris Vermeulen
In this conversation, Trevor and Chris Vermeulen discuss the market reaction to the CPI inflation data and the potential for rate cuts.
Chris emphasizes that as a technical trader, he follows price rather than relying on the actions of the Fed. He believes that the market is currently in a state of extreme FOMO and warns of potential volatility ahead.
They also discuss the performance of small-cap stocks, the fixed income market, and the potential for a major market top. Chris shares his insights on the precious metals sector, predicting a multi-year correction in equities and a rally in gold and silver.
He advises patience and waiting for the right entry point into mining stocks.
