Saxo Market Call Another day, another silver handle. US economy weaker than it looks.
25 snips
Jan 14, 2026 The discussion dives into the mixed performance of the US markets, highlighting Jamie Dimon's concerns over JPMorgan's earnings and the long-term implications of national deficits. AI's impact on companies like Adobe and Salesforce is explored, showcasing stock fluctuations driven by fear rather than fundamentals. The podcast also uncovers hidden weaknesses in the US economy, emphasizing that reported GDP may overstate actual strength. Plus, a surge in silver's value and its historical significance is examined, alongside geopolitical risks tied to Iran and China.
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Wait For Technical Confirmation
- Avoid buying stocks that are making new local lows with strong downward momentum, according to John Hardy.
- He recommends waiting for an "aha" technical formation or the next earnings report before taking a position.
Big Tech Earnings Calendar
- Big tech reporting weeks are staggered: Microsoft, Apple, Meta, Tesla late January; Amazon and Google the following week; NVIDIA late-February.
- Hardy notes NVIDIA remains off-cycle and won't report until much later than other mega-caps.
Bitcoin At Technical Inflection
- Bitcoin is clearing key technical levels around $94.5k–$100k, which could re-open larger crypto upside if momentum holds.
- Hardy sees the current action as a potential re-entry point for a bigger rally if $100k clears decisively.