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cover of episode Podcast EP 28 Breadth Smiles at us all (Aug 14)

Podcast EP 28 Breadth Smiles at us all (Aug 14)

2023/8/15
logo of podcast Not Your Advisor

Not Your Advisor

Shownotes Transcript

…all we can do is smile back.

Financial Freedom is not free, but the pursuit is worth the treasure. Building a community with that goal. Let's go get it!

**Available on Spotify) | Apple Podcast) | **Amazon Music)**Follow on **Substack Notes)

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Show Notes

Here is the original scene from Gladiator, one of my favorite movies. I chose this episode’s thumbnail as a visual double entendre in a world of celebrity worship and social media mania. What is Rome but the mob!

I care not for this battle unless the duel is to the death. But while we wait for this speculative fight, we have a financial market to address.

Breadth

  • 98 New highs

  • 278 New lows

  • 39% advancing

  • 56% declining

Red open reversed by 1030am.

Semis pulled up everyone

11:07 feeble bounce

Then at 3:58pm

Strong

$SMH and $NVDA

pretty much everything was up or down approx .8-1%

10 yr yields and mortgages are very high

Weak

What to watch

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