Pristine Market Analysis & Watchlist 11/2
Bonds and Stocks Pop Higher! 🍾
Team,
Bonds appear to have bottomed, and stocks are getting the message. Let’s take a look under the hood! HAGE🍻
-Andrew
News/Economic Data
Initial jobless claims higher than expected 👇 NFP incoming tomorrow
AAPL trading down to levels not seen since…YESTERDAY
Long-Term Treasuries
The Bill Ackman bottom is holding, and TLT is above the 20-day SMA! Bullish 👇
FX Market
DXY below the 20-day SMA✔️
Energy
Crude testing the bottom of the monthly value area from below. Still benign✔️
Equity Dashboard
Complete change of character for the market, finishing with 90.3% advancers! The most speculative groups IWM and ARKK led ✔️
Index Price Cycle Monitor
More green than red! Clear progress being made in the indices 👇
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 - My 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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