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SpyMasterTrades
Jan 14, 2023 7:39 PM

Here's Why We're Probably Already in a RecessionΒ 

SPDR S&P 500 ETF TRUSTArca

Description

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Hi everyone! πŸ‘‹

This is my first ever video on TradingView. In this video, I explain how a deep dive into the continuing U.S. jobless claims (USCJC) could reveal that a recession is actually already underway.

Later in the video, I explain my thoughts about the future direction of the market and why I believe we're entering into a period of stagflation.

In this video, I also explain how you can use several tools on TradingView including the Polyline tool, and the Export Data tool (which is accessible by Pro+ and Premium subscribers).

Let me know if you find this video to be helpful! Leave a comment below with ideas about what you'd like me to discuss in the future!
Comments
akikostas
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The idea hiding the 2020 swan is simple and GENIUS!!!
SpyMasterTrades
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@akikostas, Thank you!! πŸ™
omen7
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loved it. you need to keep doing these videos. what's your take on the CPI weight measurement change? what stories do you think will tell?
SpyMasterTrades
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@omen7, Thanks! Will do. I will take note of this request.
Alt-B
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This IS a great question @omen7. A friend of mine who manages some large mutual funds suggested that you basically have to now add 3-4 more % points to CPI to get an apples to apples comparison to the 70s / early 80s. I’m not sure it’s quite that simple…@spy_master I’d love hear your thoughts on this too
SpyMasterTrades
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@Alt-B, I agree! This would make an excellent discussion. Thanks for this nugget of information. I have some ideas of what might going on, but will research more!
WhooperSwan
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Great, absolutely! Especially enjoyed the demos of TV. Keep it up mate!
SpyMasterTrades
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@WhooperSwan, Thank you!
SpyMasterTrades
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@ArtfulDodger1974, Agree. The good thing about TradingView is that one can detect pumps using technical analysis fairly well.
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