Podcast EP 89 It's Beginning to look a lot like... (Nov 10)

Podcast Available onSpotify | Apple Podcast | Amazon MusicFollow on Substack Notes33% Discount Ends Nov 27th. It has been less than six months and I want to thank the 1,300+ Subscribers who support the Substack! Going into the holidays I wanted to put together a special promotion which will cost you nothing now, but help show support for the work I am doing.* 33% discount for Pledging to the future paywall (Annual, Monthly or Founders)* I plan to turn on premium when we surpass 3000+ total subs* Pledging requires a credit card but it is not charged until Premium goes live* What will premium include? (at minimum)* Watchlist(s) (Bullish, Bearish, Price levels, if then scenarios)* Webcasts covering charts of all above* Additional Premium only content* Timing: promotion good through Cyber Monday, November 27thI want in! How?Instructions:* Subscribe by clicking “Subscribe” or this link.* Once you are a subscriber, you should see buttons that say “Pledge your support”* Enter your information on a page that looks like belowShow NotesSummary of the dayWhere do I begin? * Megacaps Mag 7 rallied hard* Meanwhile yields also rallied from Thursday selloff* Breadth still produced more new lows* It’s end of year and everyone is racing to max their bonuses* Put Options are cheap!And then at 4:36pm after trading has closed, Moody’s downgrades America! Leaving all the buyers this week holding the bag.They waited as long as they could with that headline/downgrade. It will be interesting to see what happens to the USD and currencies on Sunday. Hey maybe this downgrade goes overlooked thanks to seasonality. Or… The USD cracks down on the downgrade along with bond prices. Thus sending yields up and risk down. Breadth* 189 new highs* 488 new lows (2.5x!) * 67% advancing 27% declining* 57% below 50 day ma* 67% below the 200 day maStuck outYields fought back all day while everything was rallyingStrongTech outperformanceMSFT is in Dow, nasdaq and s&p. Was up big. Atlas shruggedWeakGM and anything EV car relatedAFRMKRUSVFSCVNAWhat to watchTue CPI pre marketWed VIX expiryFri options expiryWatch 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