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Show Notes
Summary of the day
Worse than last week’s Friday the 13th!
8am Fri I posted: I would be surprised if there isn't some rally attempt. After all it is vix crush Friday. 4335 ES is where I think it would run out of gas if there is am attempt. But if we break 4240. Wowzer
It was an ugly ugly day
Breadth
27 new highs
1006 new lows
24% advancing 71% declining
82% below 50 day ma
85% below 200 day ma
Stuck out
Equal weight s&p and nasdaq looks horrible
Yields look like they want to continue higher
Tsla is being sold hard
Charts
Strong
Volatility
Yields
Weak
What to watch
Watch mag 7
Watch Earnings
Watch yields
Geopolitical Conflicts
Economic data
https://www.marketwatch.com/economy-politics/calendar)
Financial Freedom is not free, but the pursuit is worth the treasure.
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