Boring, Not Boring: Lund Loop Daily Update - 11/14/2022
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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.
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The Bitwise 10 Crypto Index Fund tracks the 10 biggest crypto coins by market cap, and today it continued into new all-time lows.
I don’t think anyone believes the worst is over yet in crypto. However, I believe that crypto taking such a big hit while the stock market continues higher is bullish for stocks.
For a deeper dive, check out the Daily Update video below
Sectors: 10 out of 11 sectors were DOWN.
Winner: Health Care +0.03%
Loser: Real Estate -2.65%
Oil: $85.20 (-4.23%)
Gold: $1,774.48 (+0.31%)
U.S. 10-Year Treasury: 3.871 (+0.55%)
US Dollar Index: 106.871 (+0.43%)
Crypto: Bitcoin: $16,245.76 (+0.25%) Ethereum: $1,223.17 (+0.40%)
Daily Update Video & Watchlists
Charts of interest: V 0.00 GOGO 0.00 FSLR 0.00 RUN 0.00 RUN 0.00 USO 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.