EPISODE · Oct 4, 2023 · 27 MIN
Podcast EP 62 Revenge of the Sith (Oct 3)
from Not Your Advisor · host Daily Stock Market News under 15 min. No ads. No Politics!
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 day“Too late for what? The republic to fall? It already has, and you just can't see it, there is no justice, no law, no order, except for the one that will replace it.” - Darth MaulI shared on Monday how breadth was horrendous. I also shared how the magnificent 7 were being bought while everything was being sold off. In Substack notes I pointed to how the Russell 2k was down 1.58% on Monday and a dow equivalent would have been over 500 points. Well that all came to pass today. They sold everything on heavy volume. Yields are above 4.7% on the 10 year. Breadth* 41 new highs* 1,226 new lows!!!* 17% advancing 79% declining* 85% below 50 day ma* 72% below 200 day maChartsMagnificent 7Stuck outCrude oil looks like it wants $110StrongYieldsVolatilityOil, energy, coalWeakEverythingWhat to watchWatch mag 7 and major moving avg (50 day, 150, 200)Watch yields Watch energy pricesEconomic datahttps://www.marketwatch.com/economy-politics/calendar Financial Freedom is not free, but the pursuit is worth the treasure. 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 62 Revenge of the Sith (Oct 3)
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