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
We saw a late day pullback in the VIX that corresponded with a rally in the indexes - and many individual stocks. If you think we’re going to see a follow-through heading into the traditional start of the Santa Claus rally (tomorrow), that was your spot to start accumulating
For a deeper dive, check out the Daily Update video below
Market Snapshot
Sectors: 11 out of 11 sectors were DOWN.
Winner: Health Care -0.16%
Loser: Consumer Discretionary -2.59%
Oil: $78.19 (-0.14%)
Gold: $1,800.01 (-1.34%)
U.S. 10-Year Treasury: 3.686 (+0.60%)
US Dollar Index: 104.405 (+0.17%)
Crypto: Bitcoin: $16,792.43 (-0.21%) Ethereum: $1,214.87 (+0.09%)
Daily Update Video & Watchlists
Charts of interest: MSFT 0.00%↑ GOOGL 0.00%↑ NFLX 0.00%↑ JPM 0.00%↑ PLTR 0.00%↑ OKTA 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.