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cover of episode Podcast EP 107 Japanese BOJ Happy Ending? (Dec 18)

Podcast EP 107 Japanese BOJ Happy Ending? (Dec 18)

2023/12/19
logo of podcast Not Your Advisor

Not Your Advisor

Shownotes Transcript

Podcast Available on

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It has been less than six months and I want to thank the 1,800+ 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.

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Show Notes

Summary of the day

Holiday break. Will share a few best of starting this Wednesday. If anything crazy happens I will email or hop on the mic.

Bulls in control via Mag 7

What to watch overnight into Tue. Bank of Japan conclude meeting Tue. Will they actually crush the Yen carry trade? Will they allow Yen to rise? Or continue to bow down to the west?

https://www.reuters.com/markets/asia/boj-focus-japans-progress-hitting-price-goal-2023-12-18/

Breadth

  • 841 new highs

  • 168 new lows

  • 48% advancing 46% declining

  • 22% below 50 day ma

  • 35% below the 200 day ma

Stuck out

Real estate taking breather

VIX fighting

Strong

mostly everything

Weak

What to watch

Bank of Japan

Watch mag 7

Watch yields

Economic data

https://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 nyugrad.substack.com/subscribe)