They have to crash the dollar slowly. We are almost at point of no return. Where even the Fed will be humbled. And gold rising is not helping.
Reminder for when the fed cut - buzz wears off…
https://nyugrad.substack.com/p/fed-pivot-will-be-a-head-fake
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Free Episode 14 min
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Here is their FAQ video. I plan to have Mark as a podcast guest soon.
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FAQ Video
Save this spreadsheet or memorize it
Summary of the day
Fed Pump on hope for rate cut
SLV up more than Russell 2k
Home builders and airbnb
F, GM and HOG all green today on rate cut hopes.
But don’t LOOK! Ford $F and $GM Car dealers are screwed. I did a search for nationwide new inventory of 2023 or newer on dealer lots.
Ford: 321k cars
GM: 233k cars
Ford F150: 75k pickups
2:50pm
Here is a mom and pop Harley Dealer in California that just invested a lot of money on redesign of their space. Harley corp imposes rules, just like Hotel co’s on their hotel owners to revise their showrooms or lose the right to bear the brand flag.
How will the entirety of the mom and pop dealer survive this? Manufacturers need low priced entry level loss leader products. aka Sub $10k product like Royal Enfield, targeting the next younger generation. Or a sub 20k car like byd.
Breadth
1257 new highs
73 new lows
Nasdaq New Highs/Lows 175 Highs vs 26 Lows
84% advancing 14% declining
29% below 50 day ma
32% below the 200 day ma
Stuck out
HOV down 5%
Strong
Weak
Nothing
What to watch
Watch mag 7
Watch yields
Credit card delinquency rate (1991-Present)
Whether you subscribe for free or paid, you will gain value and ability over time to see stock market price movement in a way Wall St does not want you to see.
At the very least, improve your own education so you can grade your financial advisors homework and performance!
