Podcast EP 76 Napoleon's Ice Trap (Oct 24)

Battle of AusterlitzBy 2 o’clock, the Coalition centre had ceased to exist, and its army was broken in two. The French masse de décision swung to the south. Too late, Buxhöwden attempted to extricate his men. By 3 o’clock, the Allied line was breaking up, thousands of men fleeing to the south, towards the frozen lakes on the edge of the battlefield. Napoleon ordered up 25 cannon to smash the ice on Lake Satschen. As it broke up, it tipped thousands of Russians into the freezing water beneath; no one is sure how many drowned, but around 2,000 is a likely figure.Source: https://www.military-history.org/feature/the-battle-of-austerlitz-napoleons-masterpiece.htmPodcast 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 dayThe Ice is getting thinner each day.Strong day. But breadth makes me pause.only 2 of the Mag 7 are above the 50 day after Alphabet reportedBreadth* 43 new highs* 545 new lows* 66% advancing 28% declining* 81% below 50 day ma* 74% below 200 day maStuck outMeta and MSFT are only Magnificent 7 trading above the 50 day maBreadth is still badFinancials still badLeading sector was UtilitiesStrongWeakBreadthWhat to watchWatch mag 7 Watch yields EarningsEconomic 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