Election Watch: Lund Loop Daily Update - 11/03/2022
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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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Today GOGO announced earnings, and after a morning flush lower, ended the day green. A reversal like this after earning is often a sign that sellers have been washed out and the stock may be heading higher.
For a deeper dive, check out the Daily Update video below
[Update Chart Goes Here]
Sectors: 6 out of 11 sectors were DOWN.
Winner: Energy +2.04%
Loser: Information Technology -3.00%
Oil: $88.04 (-2.18%)
Gold: $1,632.70 (-1.05%)
U.S. 10-Year Treasury: 4.155 (+1.22%)
US Dollar Index: 112.966 (+0.76%)
Crypto: Bitcoin: $20,242.78 (+0.46%) Ethereum: $1,541.78 (+1.56%)
Daily Update Video & Watchlists
Charts of interest: TLRY 0.00 JPM 0.00 HAL 0.00 PTON 0.00 GOGO 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.