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Show Notes
Summary of the day
YTD
Either FOMC leaked or we are front running. All green. VIX and Oil going to zero.
Insurance is free. Unless you believe VIX is going to zero.
Oil is pricing in a recession or new found supply
“These violent delights have violent ends!”
Breadth
* 834 new highs
* 240 new lows
* 49% advancing 47% declining
* 26% below 50 day ma
* 41% below the 200 day ma
Stuck out
CPI came in and we rqllied higher
VIX closed off lows but trajectory is zero
Oil closed at lows $68.79
Strong
Weak
What to watch
Wed FOMC 2pm
Watch mag 7
Watch yields
Economic data
https://www.marketwatch.com/economy-politics/calendar
Financial Freedom is not free, but the pursuit is worth the treasure.
