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Show Notes
**Monday was a UK Bank holiday
OPEN AI releasing a enterprise version if Chat GPT
Tesla new version of FSD
Breadth
* 114 New highs
* 186 New lows
* 69% advancing 25% declining
* 67.8% under 50 day moving avg
Stuck out
Bounced around all day in a defined range
Yes DOW up 200. But the leading sector was Basic Materials.
We tested the 4444 area multiple times. Also backtested 4425 multiple times.
Strong
Carvana up again 10%
Every sector was green but the leader was Basic Materials
Weak
$VIX
Nothing else notable
10 yr down to 4.19
What to watch
Mag 7
$AAPL trapped in btwn 200 below and 21, 50 day ma
Ton of economic data this week tue-fri
https://www.marketwatch.com/economy-politics/calendar
