Podcast EP 104 Santa is Here and it's Ryan Reynolds (Dec 13)

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 1,800+ 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 dayFOMC declaring victory on inflation is akin The Japanese Empire declaring they will fight until the end, right before the B-24 flew their two missions in WWII. On Nov 5 Podcast #84 I noted the Fed basically pivoted. But now the public media and wall st are also declaring such. The data the Fed is spewing at us is completely ficticious. Stocks are melting upBut trouble is showing up with real inflation. USD and yields sold off hard. Oil, hard assets and crypto are now also spikingHome builders and loan product sellers are exploding. The household is about to get hit with another inflation bomb. The things the fed doesnt count that take up more than 60% of our take home pay, are about to go higher in price while the USD falls. Scary timesHere is a good summary of the FOMC news today. Joseph Wang runs Fedguy.com but used to be a trader on the Fed’s open market desk.Breadth* 1,471 new highs* 243 new lows* 82% advancing 14% declining* 22% below 50 day ma* 36% below the 200 day maStuck outSanta Rally is here.Inflationary items seemed to bounce. * Oil* Home builders* Gold and Silver* Crypto* USD weakStrongAll risk assetsBut curiously Tech didn’t leadWeakUSDADBE - on light quidanceANYTHING BEARISHWhat to watchOILVIXGOLDBONDSWatch mag 7 Watch yields 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