False Start: Lund Loop Daily Update - 12/13/22
It’s Tuesday and that means that the ‘Daily Update’ video below is unlocked and free for everyone to view.
The ‘Daily Update’ includes a review of the day’s market action, updated charts & watchlists from the weekend strategy video, as well as new charts of interest.
For intraday updates please join the Lund Loop Discord.
After a massive gap up at the open today we saw the indexes give back most of the move. From a technical standpoint that would normally be bad - if we weren’t facing a binary event tomorrow in the Fed announcement.
For a deeper dive, check out the Daily Update video below
Sectors: 10 out of 11 sectors were up.
Winner: Real Estate +2.04%
Loser: Consumer Staples -0.17%
Oil: $75.27 (+2.70%)
Gold: $1,821.77 (+1.61%)
U.S. 10-Year Treasury: 3.508 (-2.91%)
US Dollar Index: 104.046 (-0.91%)
Crypto: Bitcoin: $17,740.81 (+3.07%) Ethereum: $1,318.89 (+3.34%)
Daily Update Video & Watchlists
Charts of interest: None until we’re past the Fed.
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 link below to access the ‘Daily Update’ video and view the current setups watchlists.
Click here for a full explanation of how watchlists work.
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It should go without saying - but I’ll say it anyway - all opinions expressed in The Lund Loop are my own personal opinions and don’t reflect the views of my employer, any associated entities, or other organizations I’m associated with.
Nothing written, expressed, or implied here should be looked at as investment advice or an admonition to buy, sell, or trade any security or financial instrument. As always, do your own diligence.