All Hail Satan Claus: Lund Loop Daily Update - 12/28/22
To get the weekend newsletter, as well as daily charts and market commentary, delivered directly to your inbox, join over 7,000+ other traders and active investors by subscribing to the Lund Loop.
The ‘Daily Update’ includes a review of the day’s market action, updated charts, from the Saturday ‘Market Strategy’ video, and setups ready to trigger.
Check out this short video for a full explanation to use the Lund Loop watchlists to identify potential profit opportunities.
For intraday updates please join the Lund Loop Discord.
Spotlight Chart
It’s always bad when a market bellwether closes at 52-week lows. Today, Apple closed not only at 52-week lows, but at levels not seen since June of 2021.
For a deeper dive, check out the Daily Update video below
Market Snapshot
Sectors: 11 out of 11 sectors were DOWN.
Winner: Financials -0.42%
Loser: Energy -2.22%
Oil: $78.73 (-1.01%)
Gold: $1,812.40 (-0.59%)
U.S. 10-Year Treasury: 3.885 (+1.04%)
US Dollar Index: 104.529 (+0.25%)
Crypto: Bitcoin: $16,496.78 (-1.18%) Ethereum: $1,187.43 (-1.95%)
Daily Update Video & Watchlists
Charts of interest: META 0.00%↑ DOCU 0.00%↑ SCHW 0.00%↑ OKTA 0.00%↑ UEC 0.00%↑
Note: The cash tags above are a new feature for Substack and the quotes still look a little wonky so refer to the prices in the ‘Daily Update.’
Click the links below for the ‘Daily Update’ video and to view the current watchlists & setups.