Podcast EP 77 There Can Only Be One (Oct 25)

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

MSFT is the sole Magnificent 7 to still be above the 50 day ma!

META aka Facebook Reality Labs losses rise, with total expenses to $89 billion!!!

Breadth

• 52 new highs

• 1227 new lows

• 21% advancing 74% declining

• 83% below 50 day ma

• 78% below the 200 day ma

Stuck out

The markets are losing the Magnificent 7

Sold off all day

Google down 9%+ wow

NVDA down 4.31%

AMZN down 5.58%

META down 4.17% before earnings. Under 50 day

Strong

Volatility

MSFT last one standing above 50 day ma

Energy

Yields

Weak

Communication services

What to watch

Watch mag 7

Watch yields

Economic data

https://www.marketwatch.com/economy-politics/calendar