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Show Notes

**Monday was a UK Bank holiday

OPEN AI releasing a enterprise version if Chat GPT

Tesla new version of FSD

Breadth

* 114 New highs

* 186 New lows

* 69% advancing 25% declining

* 67.8% under 50 day moving avg

Stuck out

Bounced around all day in a defined range

Yes DOW up 200. But the leading sector was Basic Materials.

We tested the 4444 area multiple times. Also backtested 4425 multiple times.

Strong

Carvana up again 10%

Every sector was green but the leader was Basic Materials

Weak

$VIX

Nothing else notable

10 yr down to 4.19

What to watch

Mag 7

$AAPL trapped in btwn 200 below and 21, 50 day ma

Ton of economic data this week tue-fri

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

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Podcast EP 38 Age of Ultron (Aug 28) 10:08 Share

Not Your Advisor

Shownotes Transcript

Podcast EP 38 Age of Ultron (Aug 28)