Pounding The Table: Stocks, Options, And Weekly Market News cover image

Pounding The Table: Stocks, Options, And Weekly Market News

#95 | All eyes on VIX | Ozempic's Impact on Market | BUY SELL HOLD with TMDX | NETFLIX | Next Week Earnings |

Oct 14, 2023
AviNMash, JoeySolitro, and StockSavvyShay discuss global issues, the impact of the VIX, potential rise in health-related stocks due to Ozempic, the potential impact of AI on healthcare, and the global situation's impact on Taiwan Semiconductor. They also cover investment opportunities, successful indicators, and shout outs to sponsors.
37:33

Podcast summary created with Snipd AI

Quick takeaways

  • The market is facing technical resistance at the 200-day moving average and potential resistance points at 4460 and 4200, with fear evident in the increasing VIX.
  • Healthcare sector dynamics are shifting, with the emergence of new-age defense stocks and the popularity of certain drugs and treatments, such as peptide drug Waygo Vio for weight loss.

Deep dives

Technical Resistance and Headwinds for the Market

There is technical resistance in the market currently, with the 200-day moving average acting as a potential barrier. The speaker suggests that the market could face resistance between the current level and 4460, with another significant resistance point near 4200. However, the market also faces headwinds, including the possibility of future interest rate hikes and the uncertainty surrounding core CPI. Despite these factors, the market remains uncertain, with fear evident in the increasing VIX.

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