Speaker 1
Robert McGordy here, Director of Subscriber Development at HEDJI. Join our entire research analyst team live before the market opens for a deep dive investing analysis. Our favorite stock ideas and our risk manager and chief Keith McCullough's macro overlay. Our team of 40 plus equity analysts discuss key market developments, trends, and our high conviction long and short investing ideas. You'll not get this granular level of insight anywhere else. A video replay, audio version, and analyst summary notes from the call are available shortly after each live show to ensure you don't miss anything. Go to HEDJI.com forward slash research to subscribe and tune in live to the call weekdays at 7.45 a.m. Eastern. Enjoy the rest of this episode. The other components, I guess, if we want to run through a bit of US equities, I think XLK, obviously the breakdown here in regards to both the big components of that, which would be Microsoft and Apple, both have shifted to bearish trend. XLK as well just continues to breakdown, which obviously makes a lot of sense, given what's trending, transparent, and pro transpiring with Microsoft and Apple. So that breakdown and momentum to the downside is some that we definitely want to be calling out because that's from two weeks ago, that's obviously big shifts versus the fact that that had been bullish. So it had been bullish. Excuse me, bullish trend now the ETF itself is neutral, but those two biggest components are bearish trend. So I wanted to call that out. And then obviously another big one that folks care about would be the XLY with Amazon going to bullish. So I guess another big component of that bearish so consumer discretionary is certainly I think an interesting one in terms of, you know, does Amazon sort of bully that one higher a little bit, or what happens. For me, it's kind of turning into a bit more of a just don't play in that zone at the moment. I think XLK signal to the downside certainly looks a lot better. And I'm kind of seeing that neutral that shift to neutral from a trend standpoint with the anticipation and perhaps the ongoing kind of move lower so this if you're looking kind of the downside, that could be a good good place to to hunt. So that XLY was added to the average to the risk ranges, that is bullish trend. And again, so we've got bullish trends about health care energy, the fence, you know, there's a lot of places that we, you know, like to have exposure to health care, certainly one that we've been adding to recently as well as a kind of having a bit of a head fake there was that last week or earlier. Yeah, last week it was kind of rebounded. Although, again, give me a bit of a good spot to perhaps add some more today. We're fans of both pink and health care itself. So just wanted to kind of touch base on a
Speaker 3
couple of those things.
Speaker 1
Bitcoin is another one that Keith mentioned is kind of on the cusp that maybe going along. But like Quad 3 does it is a commodity. So, you know, that does make sense. But, you know, for me personally, I'm going to get that one kind of to give a little bit more, you know, breathe in the right. So I don't need to, again, not the keys for trying to run but I think I've got some commodity, primarily energy exposure. So going to kind of ride that way about for a bit. But kind of would be an interesting move to see Bitcoin move higher. So just keeps that one in mind there. And yeah, does anybody have any questions? I mean, I've been talking for 25 minutes, but certainly can keep going. I see George out there in the crowd X2. You love the trade the Euro.
Speaker 1
have we talked about here?
Speaker 3
And yes. So why
Speaker 1
don't we go back to I think the biggest thing is, here we go. This is really for you guys. Right. So it's all. Welcome. I'm going to say, we'll call you Jesus Christ. I guess. I don't know. Oh, yeah, definitely not. Jesus, man. It's a follower. A follower for sure.
Speaker 3
Father. I love it. Yeah, man. How you doing, buddy? I'm doing all right by ourselves. Good. Good. So I'm just wanting to hop on here. I know you're mentioning Bitcoin. So with the throw it out there, A U L T, they mind Bitcoin. Kind of the CEO is kind of a scam a little bit, but they're going
Speaker 2
to dilute it heavily at the all time.