FREE ACCESS, Macro Setup, Podcasts November 24, 2020

The Macro SetUp Podcast with Guy Adami & Dan Nathan

by Dan

Guy Adami and I are back with our weekly video podcast series The Macro SetUp brought you by our presenting sponsor IG US, one of North America’s fastest-growing foreign exchange brokers.

Guy and I start by offering our views on what appears to be abating near-term headwinds for the stock market, discuss President-Elect Biden’s proposed economic team and investors’ reaction. We take a hard look at the SPX, NDX, and RTY and offer our trading SetUps.

This week we are also joined by DailyFx’s Peter Hanks to discuss, the recent weakness in Gold and the U.S. Dollar, and what the “reflation trade” means for The U.S Canadian Dollar cross, the Euro, and of course the British pound.

Watch below and see my charts below that:

 

 

Topics:

-Election Settled… Senate Runoff in GA

-Biden appointments… Yellen, what means for fiscal stimulus and relationship with the Fed.

-Covid Spread / Vaccine Equity Rotation…

Charts:

SPX 1yr

Screen Shot 2020-11-24 at 9.32.25 AM.png

SPX 5yr

Screen Shot 2020-11-24 at 9.33.39 AM.png

NDX 1yr

Screen Shot 2020-11-24 at 9.34.55 AM.png

RTY Russell 2000 3yr

Screen Shot 2020-11-24 at 9.36.06 AM.png

DXY 1yr

Screen Shot 2020-11-24 at 9.38.19 AM.png

DXY 3yr

Screen Shot 2020-11-24 at 9.37.23 AM.png

XAU GOLD YTD

Screen Shot 2020-11-24 at 9.43.21 AM.png

XAU 5yr

Screen Shot 2020-11-24 at 9.44.46 AM.png

10YR UST YIELD

Screen Shot 2020-11-24 at 9.39.32 AM.png

XLE  1yr

Screen Shot 2020-11-24 at 9.46.20 AM.png

XLF 1yr

Screen Shot 2020-11-24 at 9.47.05 AM.png

USD CAD

1yr

Screen Shot 2020-11-24 at 9.48.04 AM.png

5yr

Screen Shot 2020-11-24 at 9.49.00 AM.png

EUR USD 1yr

Screen Shot 2020-11-24 at 9.50.40 AM.png

EUR 5yr

Screen Shot 2020-11-24 at 9.51.03 AM.png

GBP USD 5yr

Screen Shot 2020-11-24 at 9.52.20 AM.png