Podcast EP 101 Where thou Truth Lie? (Dec 8)

Podcast Available onSpotify | Apple | YouTube | AmazonFollow me on Substack Notes33% Discount Ends Jan 1, 2024. It has been less than six months and I want to thank the 1800+ Subscribers who support the Substack! Going into the holidays I wanted to put together a special promotion which will cost you nothing now, but help show support for the work I am doing.* 33% discount for Pledging to the future paywall (Annual, Monthly or Founders)* I plan to turn on premium when we surpass 3000+ total subs* Pledging requires a credit card but it is not charged until Premium goes live* What will premium include? (at minimum)* Watchlist(s) (Bullish, Bearish, Price levels, if then scenarios)* Webcasts covering charts of all above* Additional Premium only content* Timing: promotion good through Jan 1, 2024I want in! How?Instructions:* Subscribe by clicking “Subscribe” or this link.* Once you are a subscriber, you should see buttons that say “Pledge your support”* Enter your information on a page that looks like belowShow NotesSummary of the dayThe title wasn’t a typo. Someone is withholding the truth. * % of companies with strong/healthy Altman Z-scores (which combine account profitability, leverage, liquidity, solvency, activity ratios, etc. to measure bankruptcy risk) has dropped below 10% for first time on record per @fathommacro @lizannsonders. https://twitter.com/LizAnnSonders/status/1732743034100428951* Jobs data beat this morning. It was the Goldilocks print. Not too hot not too cold. Won’t trigger Powell to raise, yet Americans are still gainfully employed, is the deduction* Jobs data has been revised down almost every time this year after the fact!* Consumer credit has never been higher in the history of Homosapien* This has been the longest period of yield curve inversion in financial market history* $VIX is pricing in no landing* #Bitcoin $BTC is pricing in a useless faux currency* Magnificent 7 made up 80% of the S&P 500 YTD gains in 2023* all consumer stimulus programs are now past us* The last time Gross Federal Debt as Percent of Gross Domestic Product was at this level, World War II was ending and we went deep into debt to defeat the enemy. 2024 financial markets are 100% going to either move violently lower or higher. I don’t expect a tight range. The real world experience may also be very extreme. It is time to get our own houses in order and be strong mentally, spiritually, physically, & financially so that we can provide for our families.Breadth* 583 new highs* 154 new lows* 56% advancing 38% declining* 24% below 50 day ma* 41% below the 200 day maStuck outStocks are on a 6 week win streakSPY is 7 points away from lifetime highs, SPX 204 points awayBreadth is still strong to the positiveStrongEnergy, Tech and Financials leadWeakGoldGDX down 2.11%Yields week for the past month but trying to stop going down at 4.2%What to watchWatch yields Watch Mag 7 Economic datahttps://www.marketwatch.com/economy-politics/calendar Financial Freedom is not free, but the pursuit is worth the treasure. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.notyouradvisor.com/subscribe