Tim Knight Says Nothing's Broken for the Bears, the Market Just Won't Fall

Tim Knight is a grumpy bear today: nothing's broken on the bearish side, the failed trend lines still haven't recovered and the market sits below its early-October highs, but a fresh peace-deal rumor keeps goosing stocks higher. The chart that nags him is the divergence: GE Aerospace and GM both fell hard today and sit roughly 20% off their peaks, yet the indexes shrug it off. He's trimmed to 25 small shorts and thinks earnings week finally forces a direction. 📊 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 00:00 A grumpy, annoying day for a bear 00:50 Trimming risk, 25 small shorts 01:40 The S&P, nothing's broken yet 02:40 Big stocks down hard, GE and GM 04:10 Covering the Dow short live 05:40 XLF strong, but he doesn't trust it 08:00 The overseas ETF positions 12:00 Working a tight stop 16:00 The horizontal he needs to break 24:00 Back to August levels, what's next #tastylive #timknight #tradingcharts #spy #trendline #divergence #earnings #shortselling #technicalanalysis #stockmarket 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.