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Paid Episode 26 min
Free Episode 13 min
Chart from private chat and paying member
Paid chat this morning…
What do we know?
Cpi came out low
Assumes rate cuts
Usd and yields down
Rate cut is good for usa based small caps.
They rallied almost 4% in one day! With nas daq 100 down 2.2%
maybe big funds were too overweight semi and nasdaq and moved some $ to russell
Also creating a short squeeze.
PPI tmrw
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Summary of the day
They focused on NASDAQ selling
Russell 2k leads up
Breadth
1166 new highs
99 new lows
Nasdaq New Highs/Lows 142 Highs vs 22 Lows
75% advancing 22% declining
34% below 50 day ma
32% below the 200 day ma
Stuck out
Breadth VOLD was higher all day
10 yr yield down
Strong
Weak
What to watch
PPI Friday
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.
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