Friday was non climactic. Should have stayed in bed.

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Show Notes

You will be listening to this Podcast on or after Monday September 11, 2023. As a New Yorker, today has a gravitas that is even more extreme than as an American. My thanks to all 1st responders and military who jumped into action in the years following. As horrible as that day was, I also have never seen this country and New Yorkers united together aa close as then. Something this country needs again, hopefully not under such horrible forces.

Summary of the Friday session

Overnight we took elevator back down to test 4444 area twice. 5am and 7:45am, setting up intraday double bottom. Prices launched off that.

11:48am snapshot

11:30 heading into EU close prices are bouncing around in 4470s.

$NVDA Weak all morning. Only Mag 7 red by noon.

Vix weak

12:40pm how is the up volume on breadth looking? Weak.

2:55pm just a summation

Actual close

Breadth

* 103 new highs

* 344 new lows

* 46% advancing 48% declining

* 70% below 50 day ma

Stuck out

NVDA and TSLA down

Strong

Energy and Utilities led

Weak

Real Estate and Industrials weak

$VFS

$CAVA

$CROX

What to watch

Apple Event Tue. iPhone 15 announcement

CPI wed

Watch mag 7

Watch yields

Economic Cal

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

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Podcast EP 45 Come Back to Bed! (Sep 8) 12:12 Share

Not Your Advisor

Shownotes Transcript

Podcast EP 45 Come Back to Bed! (Sep 8)