Bitcoin takes out the 43k VPOC!
TLT takes out the $94.81 VPOC!
Team,
Hope you are having a great holiday season. Keep putting one foot in front of the other! HAGE🍻
-Andrew
News/Economic Data
JOLTs job openings came in lighter than expected 👇
And the ISM Services report came out better-than-expected. Is this goldilocks?
Yield Curve Flattening
The pace of yield curve flattening over the past month has been remarkable.
Bill Ackman bottom ticked treasuries and we came along for the ride! TLT took out the VPOC at $93.81. 👇
FX Market
The dollar index is bouncing up to the 20-day SMA ✅
Energy
Crude oil is fast approaching the VPOC down at $70.24. The market appears to be pricing in an economic slowdown✅
Equity Dashboard
Small caps relative weakness vs megacap tech strength. Today’s action was the complete opposite of what we saw yesterday. 👇
Index Price Cycle Monitor
Index Performance Monthly
November was an absolutely euphoric month for the market. I do not expect December to be nearly as explosive. The only defense against a market that is not moving much is to reduce screen-time. For 99% of traders, reducing screen-time is the answer 👇
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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