EPISODE · Oct 9, 2023 · 9 MIN
Podcast EP 64 "It's only Hubris, if I fail" Julius Caesar (Oct 6)
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 dayHorrible weekend of tragic actions of a few humans. As a financial Substack and podcast I am not going to get into my opinions on it. Other than saying how tragic war and conflict is and I hope it ends soon. But seeing how this has been going on since 1950s, it prob won’t end soon. Pre-mkt as of 8:30pm NY Make note the DOW was up 288 at Friday’s close. Will it hold onto that gain?So on Friday…700 point dow move from the intraday low!We tanked on bullish job numbers at 830am, then rallied hard near the 200 day ma.Everyone thinks this was the low and new bull into Q4. Recent IPOs were puking while we had the 700 point reversal10 yr still too highBreadth* 72 new highs* 732 new lows* 66% advancing 29% declining* 82% below 50 day ma* 69% below 200 day maStuck outStrong reversal amidst spiking put option activity. Ton of jobs apparently sparked a down 200 dow move than we reversed hard off the 200 day ma area. Only 72 new highs. 10x more new lows!!! And that is with a 700 point dow up from intraday lows.StrongEverything crushed Thursday bounced hard Friday.Yields still strongOil bouncingWeakvolatilityWhat to watchWatch mag 7 Watch yields Watch oilEconomic 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 64 "It's only Hubris, if I fail" Julius Caesar (Oct 6)
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