Courtesy reminder: 40% off annual Premium ends tonight at midnight ET.
annual membership: $199.80
after midnight, full price works too. no extensions.
Preview of paid content snippet":
10 profitable Nasdaq companies made new highs.
6 profitable NYSE companies made new highs.
sixteen. across both exchanges.
the indices rallied. the market barely showed up.
that is not follow-through. that is a handful of generals taking victory photos without an army.
SPY volume: 47m vs 52m average.
QQQ: 44m vs 44m.
SMH: 13m vs 11m.
maybe market structure has changed. maybe the textbook needs updating. or maybe people are lowering the bar because price went up.
AMZN had a follow-through day: 113m shares versus 48m average.
Amazon showed what we still need to see from the indices.
*Fraudsters abound on Substack Finance. Do not fall for scammers asking to participate in private investments etc. Report imposters via these instructions.
Daily Stock Markets covered in under 15 min. No ads. No partisan politics! Easy to follow for your morning coffee, dog walk or commute
Full Episode: 14 min
Please remember to ❤️
🎧 Podcast Available on all major platforms: Spotify | Apple | Amazon
