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Pristine Market Analysis & Watchlist 1.18.24

Pristine Market Analysis & Watchlist 1.18.24

πŸ“ˆ Longs Down, Shorts Up

Andrew O'Connell, CFA, FRM's avatar
Andrew O'Connell, CFA, FRM
Jan 19, 2024
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Pristine Capital
Pristine Capital
Pristine Market Analysis & Watchlist 1.18.24
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  • Equity indices reclaim key moving averages

  • Breadth remains weak

Team,

When your longs decline and your shorts advance on the same day, it’s the worst feeling you can experience as a trader. On such days, the odds of going on tilt increase, and it can be easy to compound bad decisions with more bad decisions, which can derail your trading year if you let them.

With this said, we are not going to let anything derail us in 2024. This is going to be our year. HAGE 🍻

-Andrew


Market Update

News/Economic Data

Initial jobless claims came in lower-than-expectedπŸ‘‡

YTD Performance

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