Podcast EP 117 She/Her/It Terminator (Jan 11, 2024)

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 daySo much to cover today!CPI data came in hot. The writers for the sell side went into scamble mode.The bitcoin etfs started trading today and it was messy. $MARA opened up 5% then settled down at the lows. Bitcoin itself hit 49k but sold off.The sell sides Apex Terminator model came onto CNBC and proclaimed it was likely after the etfs were approved, that each $BTC will reach $1.5m USD!!! Yeh and Gold will be $10M USD per ounce! There is nothing to smile about in the top 10 holdings of ARKKThe market tried to rally at lunch time. First the $VIX was pummeled but no rally. Then the 10yr was pressured below 4% and that did the trick.But look at breadth, specifically the NYSE ADV/DEC up down volume as of 3:20pm. It would have told you rallys were to be sold.COIN which is 10% of ARKK finished at lows of the day. Yet they are supposed to be the custodian for the majority of the approved spot bitcoin ETFs.10 yr yields closed at lows of the day. It holds the fate of prices.Breadth* 424 new highs* 202 new lows* 39% advancing 56% declining* 25% below 50 day ma* 34% below the 200 day maStuck out10 Yr Yield under pressureTSLA loses 200 day maStrongMagnificent 6WeakWhat to watchPPI FriWatch Crypto Animal SpiritsWatch 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