Podcast Episode 30 Mission Impossible (Aug 16)

Financial Freedom is not free, but the pursuit is worth the treasure. Building a community with that goal. Let's go get it!Available on Spotify | Apple Podcast | Amazon MusicFollow on Substack NotesReferral program for existing SubscribersShow NotesYour mission if you choose to accept it, is to fight inflation without causing a recession. Good luck Jerome Powell. This message will self destruct in 5 seconds!Breadth* 73 new highs* 421 new lows* 20% adv 75% declining* 66% are under the 50 day ma. Not good (NYSE AMEX and Nasdaq)Stuck outPremarket was muted but bad Asia sessionOpen flew higher but dow was up 170 and sold offNasdaq laggedMorningWe touched 4444 as I deducted and bounced. 4444 is the high volume area10:05am already weakeningChoose your FOMC adventureBy Noon time12:11PM NYFull day picture. Not good.StrongShort etfs, VolatilityWalmart, Costco, Home depot, TGTWeakWhat to watchYields and USDNVDA earnings Aug 23Magnificent 7Moving avgs. 50, 100, 200Chart GalleryThanks for reading NYUGrad Stocks and Finance! Subscribe for free to receive new posts and support my work. 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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This episode was published on August 16, 2023.

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