Podcast EP 51 Be Still Amidst a Rough Sea of Emotions (Sep 18)

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 dayThis will be a short episode as the world waits for fed rate ramblings on Wed. But I do want to share with you this clip which resonates with me so much as a trader. When you hear systems or books or gurus say you need to resolve yourself of all emotions and trade like a robot, that is almost impossible to do. It is much more plausible to be objective with your own emotions, but to do that in trading you must have the time and space to think and master yourself. All while you navigate down river in your boat in a sea of other traders emotions. Breadth* 102 new highs* 376 new lows* 37% advancing 57% declining* 71% below 50 day maStuck outYields remain elevatedS&P500 is still hanging out just underneath the 50 dayOil prices matter. look at the AirlinesSAVE -2.9%ALK -1.49HA -2.64LUV -2%JBLU -5.84AAL - 1.58%UAL - 2.28%DAL -2.51%StrongAFRM 2.63%LEN 2%SNPS 1.7%WeakJBLU -5.63%SHOP -4.6%ARM -4.53%LYFT -4%KRUS -3.84TSLA -3.32%CAVA -2.99%SQ -2.99%DAL -2.53%ROKU -2.45%What to watchFED rate decision Wed 2pmWatch yields Watch oilEconomic datahttps://www.marketwatch.com/economy-politics/calendar  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