BizTech Markets & Zaks Traders Café “Weekend Markets” video podcast, Saturday 21st September2024

Welcome to the latest episode of WeekendMarkets, where BizTech and Zaks take a light-hearted look at the past week and attempt to predict what will happen next. Enjoy…

https://youtu.be/4urVM-RUedk?si=ZVDnp-T13elRfASB

Key points:

  1. Personal Banter: The conversation begins with light banter about Zak’s new haircut and their usual personal style. This sets a casual tone for the discussion.
  2. Political Satire: They joke about political figures like Keir Starmer and Angela Rayner, highlighting the concept of “champagne socialists” and how power often changes people’s behavior. They humorously imagine themselves in government positions.
  3. Financial Markets: There is a discussion about the state of the market, including the price of gold, the effect of interest rates, and the value of the British pound post-interest rate decisions from the Federal Reserve. The hosts comment on the volatility of the markets and question some of the decisions made by financial authorities.
  4. Stock Analysis: They touch on several small-cap stocks such as Mobile Streams and Codal Minerals, discussing their potential, funding situations, and market performance. They also mention I3 Energy, which received a takeover offer, and reflect on how the oil price is surprisingly low despite geopolitical tensions.
  5. Bitcoin: Bitcoin’s performance after the Federal Reserve announcement is discussed. The hosts speculate about future price movements, noting that Bitcoin recently bounced off the 200-day moving average and could potentially hit new highs.
  6. Closing Thoughts: The video ends with more casual discussion, including reminiscing about music (particularly Paul Simon), and concludes with a relaxed goodbye.

Overall, the episode blends market analysis with personal anecdotes, creating an entertaining but informative look at recent financial events.

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