EPISODE · Dec 16, 2023 · 16 MIN
Podcast EP 106 The Camaro is Dead! (Dec 15)
from Not Your Advisor · host Daily Stock Market News under 15 min. No ads. No Politics!
The Chevrolet Camaro is dead once again!https://www.roadandtrack.com/news/a46146387/chevrolet-camaro-production-ends/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 dayIMPORTANT. This entire FOMC induced rally is being engineered. One day after Powell speaks and says the fight is not over, while wall st interprets it as the Fed Pivot due to dovish dot plot, NY fed goes on CNBC and says we are not talking about cutting rates. This is about wall st bonuses. CEO bonuses. Fund Manager Bonuses. They are measured on increasing shareholder value. Higher price means bigger bonus. More secret lovers. More Ferrari’s. Another house in North Fork or Incline Village. More importantly, the fact wall st is telegraphing rate cuts is inflationary. When and if inflation rages, who will believe The Fed has the tools or courage to fight it with 9% plus fed funds rate? No one is managing risk amymore. Everyone is leaning to one side.Be fearful when everyone is greedy.Breadth* 735 new highs* 124 new lows* 32% advancing 63% declining* 21% below 50 day ma* 34% below the 200 day maStuck outWe are just driftingStrongTechWeakAll other sectorsWhat to watchUSD and currency pairsInflationary Commodities. Are they rising?Like OilWatch 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
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Podcast EP 106 The Camaro is Dead! (Dec 15)
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