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Show Notes
Summary of the day
Holiday break. Will share a few best of starting this Wednesday. If anything crazy happens I will email or hop on the mic.
Bulls in control via Mag 7
What to watch overnight into Tue. Bank of Japan conclude meeting Tue. Will they actually crush the Yen carry trade? Will they allow Yen to rise? Or continue to bow down to the west?
https://www.reuters.com/markets/asia/boj-focus-japans-progress-hitting-price-goal-2023-12-18/
Breadth
* 841 new highs
* 168 new lows
* 48% advancing 46% declining
* 22% below 50 day ma
* 35% below the 200 day ma
Stuck out
Real estate taking breather
VIX fighting
Strong
mostly everything
Weak
What to watch
Bank of Japan
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.