Podcast EP 66 In Chaos Lays Opportunity (Oct 10)

“In the Midst of Chaos, There Is Also Opportunity” (Sun Tzu)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* Markets rallied until 1pm, then there was a selloff taking back half of the days gains* but markets closed up and every sector was greenWe are simply trying to backtest the falling 50 day moving avg. On the SPY watch if we can get to $440 and how prices reactMagnificent 7Breadth* 117 new highs* 200 new lows* 70% advancing 25% declining* 77% below 50 day ma* 66% below 200 day maStuck outMSFT and AAPL redStrong* Russell 2000 lead* Many names that are lower quality bounced * 10 yr still too high* 30 yr mortgage now over 8%Weak* VolatilityWhat to watchWatch mag 7 Watch yields Economic 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