The Lund Loop Daily Update - 03/20/23
If I didn’t know the rest of the market exists, judging from the Q’s, I’d say we’re in good shape as the recent outperformance is something to behold. But at the risk of sounding like a broken record, it’s unlikely that tech can hold this market up by itself for very long.
If we don’t see some strength across the board, and pretty soon, this chart could get ugly real fast - along with the rest of the market.
For more on this, check out today’s ‘Daily Update’ video below.
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.
For intraday updates please join the Lund Loop Discord.
Market Snapshot
Sectors: 11 out of 11 sectors were UP.
- Winner: Energy +2.11%
- Loser: Information Technology +0.23%
Daily Update Video & Watchlists
Charts of interest: AAPL 0.00%↑ SPOT 0.00%↑ AMZN 0.00%↑ SE 0.00%↑ OKTA 0.00%↑ PANW 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.’
Check out this short video for a full explanation to use the Lund Loop watchlists to identify potential profit opportunities.
Click the links below for the ‘Daily Update’ video and to view the current watchlists & setups.