Shownotes Transcript
*No podcast Friday Feb 9th.
Have a Happy Lunar New Year this weekend!
Enjoy the Superbowl
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Show Notes
Summary of the day
A moral victory, $SPX S&P 500 got its 5k print.
Yet SPY had low volume of only 46m traded!
Breadth
848 new highs
175 new lows
55% advancing 40% declining
43% below 50 day ma
36% below the 200 day ma
Stuck out
Real Estate was the leading sector
Strong
AFRM was up as high as 11% before earnings, but having constipation after earnings. You should listen to earnings call. Their prepared remarks were 12 seconds! apparently this is par the course for them.
Weak
Pypl
Nycb
EXPE
What to watch
Next week CPI & PPI
Watch mag 7
Watch yields
Economic data
https://www.marketwatch.com/economy-politics/calendar)
Recommended by
Doomberg) Adam Taggart) Herb Greenberg)
**Mentored by ****@BillCara**)
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