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Weekly Notebook Review | Vol Up, USD Up, Rates Up $SPY $QQQ $USO $GLD | August 2, 2023

Hedgeye Podcasts

CHAPTER

Microsoft Breaks the 50 DMA

Microsoft is from a signal standpoint, we go over a week from what we were talking last week. It's moved to bearish trend. I noticed you guys were discussing about China and Mike is obviously negative about China. And so it's so is hedge nation as well. Some look legitimate that stocks like Baba and many Chinese big tech are quite attractive for short to medium term just because the Chinese government is trying to support their company.

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