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Show Notes

Summary of the day

Reverse order with time stamps

3:58pm look at the selling momentum into the close! It is telling me that last 10 minute ramp is suspect and a snow job.

Breadth

* 227 new highs

* 346 new lows

* 19% advancing 78% declining

* 32% below 50 day ma

* 37% below the 200 day ma

Stuck out

10 yr yield gained 3% to close at 4.06%

Strong

Weak

What to watch

Watch mag 7

Watch yields

Economic data

https://www.marketwatch.com/economy-politics/calendar

Financial Freedom is not free, but the treasure is worth the pursuit.

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Podcast EP 119 Snow Job (Jan 16, 2024) 16:16 Share

Not Your Advisor

Shownotes Transcript

Podcast EP 119 Snow Job (Jan 16, 2024)