Not Your Advisor
Not Your Advisor
Podcast EP 28 Breadth Smiles at us all (Aug 14)
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Current time: 0:00 / Total time: -7:47
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Podcast EP 28 Breadth Smiles at us all (Aug 14)

$SPY $QQQ $IWM $ES_F $VIX $AAPL $AMZN $META $MSFT $NVDA $TSLA $TLT $TBT

…all we can do is smile back.

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Show Notes

Here is the original scene from Gladiator, one of my favorite movies. I chose this episode’s thumbnail as a visual double entendre in a world of celebrity worship and social media mania. What is Rome but the mob!

I care not for this battle unless the duel is to the death. But while we wait for this speculative fight, we have a financial market to address.

Breadth

  • 98 New highs

  • 278 New lows

  • 39% advancing

  • 56% declining

Red open reversed by 1030am.

Semis pulled up everyone

11:07 feeble bounce

Then at 3:58pm

Strong

SMH 0.00%↑ and NVDA 0.00%↑

pretty much everything was up or down approx .8-1%

10 yr yields and mortgages are very high

Weak

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Not Your Advisor
Not Your Advisor
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