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Show Notes

Summary of the day

* Dow and Russell lost all of the pop

* S&P lost half the pop

* Nasdaq lost 1/3 of the pop

* Breadth was flat then weak into close

* Today was simply a deadcat bounce trying to toy with the 200 day ma

* markets in trouble until breadth isnt horrendous like today and every past day

Breadth

* 45 new highs

* 1,310 new lows!!!

* 30% advancing 65% declining

* 83% below 50 day ma

* 73% below 200 day ma

Stuck out

We closed 1 pt away from my prediction of 4240 on ES

Strong

Define strong? a few mega caps were up 1% to hold the markets up

Weak

Financials

Real estate

Energy

What to watch

Watch mag 7

Watch yields

Earnings

Economic data

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

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

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Podcast EP 75 Monday Blues (Oct 23) 09:46 Share

Not Your Advisor

Shownotes Transcript

Podcast EP 75 Monday Blues (Oct 23)