Friday was non climactic. Should have stayed in bed.
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Show Notes
You will be listening to this Podcast on or after Monday September 11, 2023. As a New Yorker, today has a gravitas that is even more extreme than as an American. My thanks to all 1st responders and military who jumped into action in the years following. As horrible as that day was, I also have never seen this country and New Yorkers united together aa close as then. Something this country needs again, hopefully not under such horrible forces.
Summary of the Friday session
Overnight we took elevator back down to test 4444 area twice. 5am and 7:45am, setting up intraday double bottom. Prices launched off that.
11:48am snapshot
11:30 heading into EU close prices are bouncing around in 4470s.
NVDA 0.00%↑ Weak all morning. Only Mag 7 red by noon.
Vix weak
12:40pm how is the up volume on breadth looking? Weak.
2:55pm just a summation
Actual close
Breadth
103 new highs
344 new lows
46% advancing 48% declining
70% below 50 day ma
Stuck out
NVDA and TSLA down
Strong
Energy and Utilities led
Weak
Real Estate and Industrials weak
What to watch
Apple Event Tue. iPhone 15 announcement
CPI wed
Watch mag 7
Watch yields
Economic Cal
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