EPISODE · Feb 8, 2024 · 13 MIN
Podcast EP 136 S&P 5,000 (Feb 8)
from Not Your Advisor · host Daily Stock Market News under 15 min. No ads. No Politics!
*No podcast Friday Feb 9th. Have a Happy Lunar New Year this weekend! Enjoy the SuperbowlPodcast Available onSpotify | Apple | Google Podcasts | AmazonFollow me on Substack NotesShow NotesSummary of the dayA moral victory, $SPX S&P 500 got its 5k print.Yet SPY had low volume of only 46m traded!Breadth* 848 new highs* 175 new lows* 55% advancing 40% declining* 43% below 50 day ma* 36% below the 200 day maStuck outReal Estate was the leading sectorStrongAFRM was up as high as 11% before earnings, but having constipation after earnings. You should listen to earnings call. Their prepared remarks were 12 seconds! apparently this is par the course for them. WeakPyplNycbEXPEWhat to watchNext week CPI & PPIWatch mag 7 Watch yields Economic datahttps://www.marketwatch.com/economy-politics/calendar Recommended 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”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
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Podcast EP 136 S&P 5,000 (Feb 8)
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