Podcast EP 44 Boards Don't Hit Back (Sep 7)

Podcast Available onSpotify | Apple Podcast | Amazon MusicFollow on Substack NotesReferral Program for existing Subscribers* When you use the “Refer a friend” link below or the “Share” button on any post, you’ll get credit for any new subscribers. Here is the link you can copy and paste into any email, text or social media platform:“https://nyugrad.substack.com?r=1ec55c”* Once I launch a paywall, your referral credits earned will be retroactive immediatelyShow NotesSummary of the dayYTD laggards outperformed today with Utilities leading (worst performer YTD)Tech fell most … small caps didn’t see reprieve today even as NQ fell.Russell 2k continues to lag YTD and MTD8:38am after falling jobless claims11:55 AM Pre lunch. $AMZN last mag 7 standing in green2pm check up. How we doing on volume?3:28pm. Firms are selling. Breadth stinks. But they are lessening the fall by selling down the $VIX. This won’t work too long.Breadth* 65 new highs* 392 new lows* 31% advancing 65% declining* 70% below 50 day maStuck out$JPM this is a very bad sign.Strong$COINHousing related bounced todayVolatility was strong but sold off into closeWeak$VFS down 26%$AI down 12.4%$LVS down 5%$CAVA down 3.57%$EXTR down 3.47%$AAPL down 2.92%What to watchWatch mag 7Watch yieldsEconomic datahttps://www.marketwatch.com/economy-politics/calendar Thanks for reading NYUGrad Stocks and Finance! Subscribe for free to receive new posts and support my work. 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