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cover of episode Podcast EP 20 The Empire Strikes Back Last Second (Jul 29)

Podcast EP 20 The Empire Strikes Back Last Second (Jul 29)

2023/8/1
logo of podcast Not Your Advisor

Not Your Advisor

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Twitter: nyugradsubstack)Threads: nyugrad.substack)

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Show Notes

The day can be summed up in the last 10 minutes going into the last day of the month! Miraculously the indices clawed back the entire sessions losses. Like magic. We truly are in Oz.

The bullish impulse will not be at risk until prices back test and fail 4185. If it does expect a quick move to 4000. But we have a long way and it seems unfathomable at this point.

Range within a range

1:19pm. Dow sp and nq went red. 

Vix green

Breadth showed weakness all morning

Strong

ROKU up

ADBE up 3%

SG up 8%

CAVA up 6%

W up 6%

WIX up 6%

Weak

Home builders were soft

EXTR down 2.3%

What to watch

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