Episode Details

Have you been Naughty or Nice? JANET YELLEN WILL KNOW!

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Show Notes

Summary of the day

5:25pm $AAPL sinking during conf call

5pm My sense is we just pulled fwd most of the santa clause rally so big boys can sell before their holidays

3:40pm it is time to buy insurance. At least to begin to. $VIX

3:24pm Execellent post by @Based Money. It summarizes this rally. One word “Manipulation”

3pm $AAPL approching prices right before iPhone 15 launch news

1:20pm perfect ad to intice people to believe in Santa $SPX $SPY

11:35am here is your rally. $TNX tracks the 10 yr yield. For this to continue, hope that the 10 yr doesn’t bounce from here

11:07am $RSP equal weight s&p500

10:50am Be cautious. (we were nearing blow off top type action)

10:20am Yields 4.69. Is helping. As i noted, for Santa rally we need:

* Breadth to improve

* Mag 7 to rally

* And 10 yr below 4.5

Looks like we are almost there

Breadth

* 151 new highs

* 212 new lows

* 81% advancing 14% declining

* 71% below 50 day ma

* 69% below the 200 day ma

Stuck out

Everything was green.

Apple sold off a bit after the conf call started but let’s see how it behaves before the open Friday

Strong

Massive short squeeze

Weak

Anything short

Volatility related

What to watch

Friday Jobs #

Watch mag 7

Watch yields

Economic data

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

Financial Freedom is not free, but the pursuit is worth the treasure.