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Podcast EP 28 Breadth Smiles at us all (Aug 14)
Description
…all we can do is smile back.
Financial Freedom is not free, but the pursuit is worth the treasure. Building a community with that goal. Let's go get it!
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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 and $NVDA
pretty much everything was up or down approx .8-1%
10 yr yields and mortgages are very high
Weak
What to watch
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