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Show Notes
Summary of the day
MSFT is the sole Magnificent 7 to still be above the 50 day ma!
META aka Facebook Reality Labs losses rise, with total expenses to $89 billion!!!
Breadth
Stuck out
The markets are losing the Magnificent 7
Sold off all day
Google down 9%+ wow
NVDA down 4.31%
AMZN down 5.58%
META down 4.17% before earnings. Under 50 day
Strong
Volatility
MSFT last one standing above 50 day ma
Energy
Yields
Weak
Communication services
What to watch
Watch mag 7
Watch yields
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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