Why This Was a Dynamite Week for the Bears

On Trading Charts, Tim Knight of Slope of Hope closes out a strong week for the bears, and the standout was Oracle. The stock rocketed higher overnight on earnings, then handed all of it back during the session, printing a bearish engulfing that erased the entire double-digit pop. Tim was short into it and stayed short, tightening his risk as the reversal played out. He also walks a hotter than expected CPI print, mortgage rates back up near 7 percent for the first time in years, and semis, gold and silver all fading after an initial spike. With little news on the calendar for weeks, he sees a grinding, bearish tape into the fall. Views are the speakers' own. Education, not a recommendation. 📊 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 Wrapping a bearish week 00:38 A hotter than expected CPI 04:00 Mortgage rates back near 7 percent 10:30 Semiconductors keep breaking down 13:47 Oracle's earnings pop reverses 15:00 Energy and crude cool off 16:20 Gold and silver spike then fade 20:00 Bitcoin back in focus 24:00 Favorite shorts into the weekend #tastylive #oracle #timknight #slopeofhope #earnings #cpi #mortgagerates #bearish #optionstrading #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.