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Politics and Money Don't Mix: Lund Loop Daily Update - 11/08/2022
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.
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.
I’m seeing A LOT of stocks with this same pattern: On the verge of breaking their longer term down trends (or failing to do so). Should be interesting to see how they resolve going into the end of the year.
For a deeper dive, check out the Daily Update video below.
Sectors: 10 out of 11 sectors were UP.
Winner: Material +1.68%
Loser: Consumer Discretionary -0.30%
Oil: $88.55 (-3.52%)
Gold: $1,716.48 (+2.21%)
U.S. 10-Year Treasury: 4.128 (-2.09%)
US Dollar Index: 109.629 (-0.54%)
Crypto: Bitcoin: $18,536.32 (-10.07%) Ethereum: $1,328.97 (-15.19%)
Daily Update Video & Watchlists
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.
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.