Home
cover of episode Podcast EP 67 Armageddon (Oct 11)

Podcast EP 67 Armageddon (Oct 11)

2023/10/12
logo of podcast Not Your Advisor

Not Your Advisor

Frequently requested episodes will be transcribed first

Shownotes Transcript

A real life Armageddon style mission launches in 2 days. A trip to a giant metal Asteroid Psyche16. A testament to the positive that Humans can accomplish, in contrast to the horrors!

If you have never seen the Bruce Willis movie Amageddon, run and go see it on streaming.

Podcast Available on

Spotify)** | Apple Podcast) | **Amazon Music)

**Follow on **Substack Notes)

Referral Program for existing Subscribers

  • When you use the “Refer a friend” link below or the “Share” button on any post, you’ll get credit for any new subscribers. Here is the link you can copy and paste into any email, text or social media platform:

https://nyugrad.substack.com?r=1ec55c”)

  • Once I launch a paywall, your referral credits earned will be retroactive immediately

Show Notes

Summary of the day

Wait and see day after PPI and FOMC minutes from Sep meeting

Everyone wants to see the CPI

We are approaching the 50 day ma. Let’s see what happens next?

Breadth

  • 101 new highs

  • 248 new lows

  • 53% advancing 41% declining

  • 75% below 50 day ma

  • 66% below 200 day ma

Stuck out

still more new lows than new highs. 2.5x times

Strong

SPT 3.34%

ADBE 3.23%

KGC 2.70%

PHM 2.25%

NVDA 2.20%

AFRM 2.18%

Weak

CART -7.36%

VIX -5.52%

HOV -4.23%

TBT -4.02%

ZM -3.66%

KYVO -3.34%

CVNA -3%

COIN - 2.85%

What to watch

CPI and reaction Thu 8:30am

Friday 4 big financials report earnings premarket. JP Morgan, Wells Fargo, Citi and Blackrock

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.

This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit nyugrad.substack.com/subscribe)