Podcast EP 132 Fuckbook (Feb 2)

Podcast Available onSpotify | Apple | Google Podcasts | AmazonFollow me on Substack NotesShow NotesSummary of the dayNon Farms payrolls came in double of expectations! Wages also grew per the report. Big big problem for rate cut bros.Biden will use this on the campaign trail. The data is dubious at best. 10 yr spiked 4.84% to 4.04% yieldMETA up 21%!!! Important not to let in biases in trading. Like yesterday when I said I hate Facebook as a co. I bought META when it was originally FB and I made 3x. But it is an important lesson as while I got the trade right, I also shunned the company. Out of sight and out of mind, and never traded it again. So I locked in the gain in yellow. But I never traded the blue area. Breadth* 912 new highs* 279 new lows* 36% advancing 60% declining* 39% below 50 day ma* 36% below the 200 day maStuck outStrongNVDA AMZN METAWeakHousingEXTR down 4.77%KGC down 4.35%KRUS down 3.87%GDX down 3.48%What to watchWatch mag 7 Watch yields Economic datahttps://www.marketwatch.com/economy-politics/calendar Recommended byDoombergAdam TaggartHerb GreenbergMentored 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”Financial 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