Podcast EP 54 Hawkish Pause (Sep 21)

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 dayBOOOM!Lot’s of destruction the past 48 hoursBreadth* 41 new highs* 723 new lows* 18% advancing 78% declining* 79% below 50 day maStuck outat 1pm, I noted in the am session that the Breadth and volume of breadth looked very controlled and steady today. Not panicked like Thursday. And that my eyes were telling me that we could be closing near the lows today. “Compare the complexion of the down volume from yesterday. Today is steady consistent selling. Yesterday was a panic spike. My eyes say we close near lows today.”The closeStrongYieldsVolatilityWeakEverything elseWhat to watchWhere is the 150 day and 200 day below. Will we bounce now or keep selling to meet those ares?Watch mag 7 Watch yields Economic 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