Pristine Market Analysis & Watchlist 11.28
📉Dynamism Under the Hood of the Market (RIP Charlie Munger)
Gold and Bitcoin are breaking out in tandem
Team,
Legends never die. HAGE 🍻
-Andrew
News
We lost an investing legend today Team. Charlie Munger passed away at the age of 99. Just goes to show how precious life is.
Interestingly, the one thing Charlie wishes he did before he died had nothing to do with investing!
Economic Data
Treasuries
TLT is fast approaching the 9/25 gap fill at $93.04. I love the way that the price action is slowly and steadily grinding higher👇
FX Market
The dollar index chart looks like the TLT chart flipped upside down! Confirmation that the market is pricing lower inflation and growth moving forward ✅
Energy
Crude oil is forming a low base in the mid $70’s. So long as it does not spring to the upside, the disinflation thesis remains intact! ✅
Equity Dashboard
Another day of sideways chop. The ARKK ETF is leading the pack!👇
Index Price Cycle Monitor
Index Performance Monthly
In the following sections of tonight’s update, I’ll cover my research in preparation for tomorrow’s trading session
✅ Trend Model Update - Our proprietary indicator that informs us on how aggressive/defensive to position in the market
✅Market Strategy - Our trading plan
✅ Today’s Trade Blotter and Position Update
✅Daily Watchlist - We scan thousands of stocks and hand-pick the best reward/risk opportunities
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