Podcast EP 116 Believe (Jan 10)

Podcast Available onSpotify | Apple | Google Podcasts | AmazonFollow me on Substack NotesPremium Service Preview“Honesty in a sea of deception is of great value” - Ralph (Pledged)“I like your in-depth analyses of the markets as well as pointing out what might lurk underneath that could rise up to bite us” - Sorell (Pledged)—“Your Wrap on the markets every day keeps me focused and grounded” - Lj (Pledged)—"I want to learn how to read the market for longer term trades as opposed to what Wall Street wants me to do” G.M (Pledged)—"I like your objective view on the markets” Ron P (Pledged)—"Good info. Succinct and relevant. Very good calls this month.” Andy J. (Pledged)I want to thank the 2000+ Subscribers who support the Substack! * 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 viewable in daily show notes for Premium subscribers* Complimentary PDF copy of the upcoming book "The Maverick Investor's Handbook" by Bill Cara, one of my mentors. (a $20 value but priceless learnings).*This book is geared toward longer time frame investors, Baby Boomers retiring who want to manage their own 401k/wealth, and younger investors trying to avoid the #YOLO gambling* Over time you will develop ability to analyze the markets and become more comfortable making your own decisions and controlling your own wealthI 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”Show NotesSummary of the dayMy breadth study has confirmed the initial signal to be defensive. This does not mean sell everything. Or short everything. It is one of my indicators of many, but it has proved reliable with minimal fake outs. And I am saying this as NVDA, META, and GOOGL, are making new highs.However the day was very bullish, regardless of slow volume on SPY. The hotly anticipated Bitcoin etf finally arrived after hours…I think?! 11 total ETFs. That is a lot of sales and marketing teams all out pitching and selling.Breadth* 430 new highs* 181 new lows* 53% advancing 42% declining* 23% below 50 day ma* 34% below the 200 day maStuck out10 yr yield not yieldingStrongNew Highs for NVDA, META, GOOGL, ISRG, COST, TJX, HD, VRTX, JNPR, MA, V, GE, LLY, KBH, DHI, PHMWeakEnergyWhat to watchCPI NumbersFri PPIWatch 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