Tim Knight's Chart Analysis: A Doomer Optimist's Take on the Market

With an hour until the biggest company on earth reports, Tim Knight spends the first five minutes on something else. Everyone hedges before saying the word bubble and he refuses to. He embraces doomer, then explains why he has been a lifelong optimist in every part of his life that matters. Then the board. He shorted Intuit off a price gap the high missed by twenty seven cents, thinks the crypto rally is finished for now, wants gold lower before he adds, and walks a short book of small positions with no semiconductor exposure. His views are his own. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 0:00 An hour until Nvidia 0:54 Why everyone apologises first 1:39 Doomed with a capital D 2:18 Optimism looks like risk 3:40 Eighteen years of bull market 4:24 No semiconductor exposure at all 5:08 The worst feeling in trading 5:46 Days of going absolutely nowhere 7:12 Small caps and overseas markets 7:52 A long dated bet on China 8:36 Two Chinese names worth watching 9:17 The Korea gap still open 10:00 Meta and the court case 11:27 Shorting Intuit off a gap 12:12 Why he distrusts the print 13:31 Bonds and the mortgage rate 14:59 Housing starts over decades 15:29 A new starbase in Louisiana 16:58 Bitcoin finally shows weakness 19:51 Ethereum and the same pattern 20:34 The crypto names cooling off 21:18 Miners could not hold it 21:59 Where he would buy gold 22:41 Running through the short book 26:16 Other names reporting tonight #tastylive #timknight #tradingpsychology #intuit #bitcoin #gold #nvidia #technicalanalysis #charts #trading tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.