Give Me MOAR: Lund Loop Daily Update - 11/10/2022
Give Me MOAR: Lund Loop Daily Update - 11/10/2022
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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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Spotlight Chart
About 15-minutes after the CPI numbers were announced this morning I post the above GIF with the caption: Sir, can I please have some more upside?
And boy did we MOAR.
I don’t pay much attention to the macro because it doesn’t help me to make money in the micro - today, tomorrow, or this week - but the action in the U.S. Dollar feels pretty significant.
For a deeper dive, subscribers can check out the Daily Update video below.
Market Snapshot
Sectors: 11 out of 11 sectors were UP.
Winner: Information Technology +8.33%
Loser: Energy +2.22%
Oil: $86.28 (+0.51%)
Gold: $1,760.32 (+2.72%)
U.S. 10-Year Treasury: 3.822 (-6.81%)
US Dollar Index: 107.759 (-2.44%)
Crypto: Bitcoin: $17,954.38 (+12.82%) Ethereum: $1326.22 (20.58%)
Daily Update Video & Watchlists
Charts of interest: CGC 0.00%↑ TLRY 0.00%↑ AAPL 0.00%↑ MS 0.00%↑ SMH 0.00%↑ XHB 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.