We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode Podcast EP 24 Return of the $VIX Jedi (Aug 4)

Podcast EP 24 Return of the $VIX Jedi (Aug 4)

2023/8/6
logo of podcast Not Your Advisor

Not Your Advisor

Shownotes Transcript

Available on Spotify | iTunes | Amazon Music

New Referral program for existing Subscribers

Show Notes: https://nyugrad.substack.com)

Reversal from overhead supply, a thing of beauty.

$VIX crushes, vix crush Friday!

$AAPL breaks key area. Under 50 day moving avg on a gap down!

$OPEN down 23% ah earnings. Still outperforming $AAPL $TSLA $NVDA YTD

Oil $OIH related all up

Strong

$TEAM Up 17.21%

$AMZN Up 8.3%

$EXTR Up 2.53%

$UPWK Up 2.92%

Weak

$SPT Sprout Social down 12%

$SQ Block down 13%

$NIO down 4%

$RIVN down 4.68%

What to watch

Yields bonds usd vix aapl

Amazon, "I’ll close with Amazon, which had spectacular earnings and an explosive move higher. Why is this bearish? Because the good news is out, and all it could muster was a shooting star. Want to keep an eye out for something? See if the **high **for AMZN on Monday is lower than today’s low. If so, we’ve got an island reversal pattern" -Tim Knight from Slopeofhope.com)

Thanks 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 nyugrad.substack.com/subscribe)