Podcast EP 123 Stay Focused Daniel-San (Jan 22)

Podcast Available onSpotify | Apple | Google Podcasts | AmazonFollow me on Substack NotesRecommended byDoomberg Adam Taggart Herb Greenberg Mentored by @BillCaraSubstack Featured 2XPremium 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 dayWhen you see everyone drunk on euphoria and comingling on one side of the boat including the crew, you must stay focused on the threat of icebergs.These ratio charts compare SMH to Nasdaq 100 and the SPY. As you can see we are challenging the yr 2000. And it took a mountain of debt to get there. Look at the cost to get to these nosebleed levels:Regarding Jobs:The last time we had 12 consecutive months of negative revisions to jobs reports was 2008. Back then it was -65k on avg negative revision. In 2023 we hit negative 43k on avg per month of negative revisions. (Source Danielle DiMartino Booth ) The Bureau of Labor Statistics.81% of job growth was govt jobs for 12 months through December 2023. https://www.youtube.com/live/ZWgH-H8-fjoI realize this has nothing to do with todays price action. But it is important to never lose sight of the Forest.Breadth* 1051 new highs* 292 new lows* 70% advancing 25% declining* 31% below 50 day ma* 36% below the 200 day maStuck outBulls win againStrongWeakWhat to watchJan 31 FOMCWatch mag 7 Watch yields Economic datahttps://www.marketwatch.com/economy-politics/calendar EarningsFinancial Freedom is not free, but the treasure is worth the pursuit. 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