Podcast Available on

Spotify | Apple | Google Podcasts | AmazonFollow me on Substack Notes

Show Notes

Summary of the day

Honestly. Do I need to do a podcast tonight?

* $SPY 57M shares traded.

* $NVDA 67m shares traded

* $NYCB down 22%

* NQ negative

* $TSLA up 2.2%

* $SNAP down 30% after earnings

Breadth

* 383 new highs

* 182 new lows

* 71% advancing 25% declining

* 42% below 50 day ma

* 36% below the 200 day ma

Stuck out

NYCB

NQ negative

Strong

Weak

What to watch

Watch mag 7

Watch yields

Economic data

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

Recommended by

Doomberg Adam Taggart Herb Greenberg

Mentored by @BillCara

Substack Featured 2X

Premium Service Preview

“Honesty in a sea of deception is of great value” - Ralph (Pledged)“I like your in-depth analyses of the markets as well as pointing out what might lurk underneath that could rise up to bite us” - Sorell (Pledged)—“Your Wrap on the markets every day keeps me focused and grounded” - Lj (Pledged)—"I want to learn how to read the market for longer term trades as opposed to what Wall Street wants me to do” G.M (Pledged)—"I like your objective view on the markets” Ron P (Pledged)—"Good info. Succinct and relevant. Very good calls this month.” Andy J. (Pledged)

I want to thank the 2000+ Subscribers who support the Substack!

* I plan to turn on premium when we surpass 3000+ total subs

* Pledging requires a credit card but it is not charged until Premium goes live

* What will premium include? (at minimum)

* Watchlist(s) (Bullish, Bearish, Price levels, if then scenarios)

* Webcasts covering charts of all above

* Additional Premium only content viewable in daily show notes for Premium subscribers

* Complimentary PDF copy of the upcoming book "The Maverick Investor's Handbook" by Bill Cara, one of my mentors. (a $20 value but priceless learnings).*This book is geared toward longer time frame investors, Baby Boomers retiring who want to manage their own 401k/wealth, and younger investors trying to avoid the #YOLO gambling

* Over time you will develop ability to analyze the markets and become more comfortable making your own decisions and controlling your own wealth

I want in! How?Instructions:

* Subscribe by clicking “Subscribe” or this link.

* Once you are a subscriber, you should see buttons that say “Pledge your support”

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

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

Podcast EP 134 Oh $SNAP (Feb 6) 10:36 Share

Not Your Advisor

Shownotes Transcript

Podcast EP 134 Oh $SNAP (Feb 6)