On Episode 42 of the Stansberry’s Investors Marketcast, your hosts begin by recapping last week’s selloff. John talks Apple’s production cuts, and why it weighed on tech. Oil continues to fall, marking its sixth straight down week.
John and Scott discuss the most recent comments from trade representatives in the U.S. and China, and how each comment seems to contradict the one before it. Scott tells listeners why the Democrats winning the house could make trade negotiations even messier.
Scott asks Greg about what levels he’s seeing in the market, and Greg explains why we need a year-end rally to continue this bull market. John and Scott discuss emerging markets recent bounce back, and John expresses optimism in emerging markets if a China deal gets done.
The hosts discuss Apple’s production cuts, and how its weighing on tech and growth names. Scott thinks that people are too scared, and too quick to sell on the bad news. Greg explains how he thinks Apple can overcome slowing iPhone sales.
John asks Scott why the long oil trade unwound, and Scott explains that the recent spike in natural gas is a big reason for crude’s fall.