New testimonial. And the premium member knows not to hold 2X 3X etfs for more than just a trading vehicle.
I also did not direct Will into these trades. He has simply been learning to read the markets on his own through my premium service.
My premium service is 39 cents per day. Isn’t the pursuit of financial freedom worth that to you? If you want a discount private message me. 🥷👍
PS I do not take full credit. I am only one set of eyes he uses to gut check his own analysis. But valuable enough for him to continue as a premium subscriber.
Paid Episode 36 min
Free Episode 20 min
If you would like a free 7 day trial: https://nyugrad.substack.com/trial
You have likely lost more on 1 trade this year than my annual $240 subscription. Not upgrading could be costing you each day. Testimonials can be found here
One Example:
“Thanks for consistent, quality content. It’s educational and has paid for itself several times over.
Even though I don’t actively trade, there’s so much usefulness in the daily podcast for navigating the bigger picture for my 401(k) and IRA. Often you touch on factors that will impact my clients at my day job, so it’s useful there too.
Finally, and perhaps most importantly, there’s a “Zen and the art of” quality to your world. it’s educational, elucidating, and exists at the intersection of theory and practice. Thoughtful and worthwhile!" - Will (Paying Subscriber)
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Here is their FAQ video. I plan to have Mark as a podcast guest soon.
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FAQ Video
Summary of the day
3:58pm
358pm. Told ya. Breadth study works. At 330 the markets bounced. I watched breadth and it said it was lying. Breadth would have kept you out of going long. Or staying short.
2pm - While QQQ was bouncing I was watching breadth and look how feeble the up volume was. This is why i watch it. It is like the lie detector test
Breadth
312 new highs
185 new lows
Nasdaq New Highs/Lows 31 Highs vs 64 Lows
20% advancing 64% declining
43% below 50 day ma
33% below the 200 day ma
Stuck out
All day selling
10 yr yield rising
Ford shares plummet 12% after massive earnings miss
CMG up 10% after earnings
Strong
Weak
What to watch
Watch mag 7
Watch yields
Credit card delinquency rate (1991-Present)
Whether you subscribe for free or paid, you will gain value and ability over time to see stock market price movement in a way Wall St does not want you to see.
At the very least, improve your own education so you can grade your financial advisors homework and performance!