Will Oil Prices Rise Again? Macro Veteran Jim Welsh Says That Puts the Stock Market in Danger

Stock market and macro analysis from Jim Welsh, publisher of Macro Tides with 40 years watching markets. The world missed a billion barrels of oil since February and Welsh says a shortage in peak summer driving season sets up a bounce toward the mid 70s. He called the February inflation spike and now sees CPI dipping below 3% by year end, which could trigger one final S&P high before a 10% drop. Plus gold's wave four bounce targeting 4,900 and why killing Fed forward guidance is a good thing. 📊 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 Jim Welsh joins: 40 years watching markets 00:20 The oil selloff and why a shortage may be coming 02:44 OPEC raised output and oil did not drop: a tell 04:44 If oil bounces, the S&P could drop 10% 05:59 CPI could dip below 3% by year end 08:52 Is the economy showing wear or still solid? 12:39 The advance decline line just made a new high 13:56 Kevin Warsh, the shortest Fed statement since 2007 16:15 Bonds and gold: near-term bottoms in a bigger trend 17:47 Gold's wave four bounce targets 4,400 then 4,900 20:07 Why the Fed is right to kill forward guidance 22:39 Forward guidance was accurate only 37% of the time #tastylive #oil #gold #inflation #fed #macro #jimwelsh #tradingtrends #cpi #optionstrading 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.