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The Lund Loop Daily Update - 04/10/23
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Daily Update

The Lund Loop Daily Update - 04/10/23

Apr 10, 2023
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The Lund Loop
The Lund Loop
The Lund Loop Daily Update - 04/10/23
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If you are not in the Lund Loop Discord you’re missing out. Check out the end of today’s ‘Daily Update’ video for info on how to get access.


We’re saw some real resiliency in the market today. After gapping down at the open, 3 out of 4 of the major indexes closed at or above the highs (green line) from Thursday, as we were closed Friday.

More importantly, The Russell 2000 (IWM) is out-performed today as the beaten down bank sector is got a bit of a bounce.

However, there could be some volatility ahead as it’s a big week for data with both the CPI and PPI numbers - as well as the Fed minutes - on tap.

What I would like to see is a muted reaction to all of these, which I think would be a sign that we are getting back to a normal, healthier market environment.

Oh by the way, we NAILED Schwab (SCHW) today, which was up almost 6% intraday.


For more on today’s action, check out the ‘Daily Update’ video below.


Market Snapshot



Sectors: 6 out of 11 sectors were UP.

- Winner: Industrials +0.90%

- Loser: Communication Services -0.69%



Daily Update Video & Watchlists


Charts of interest: AAPL 0.00%↑ USO 0.00%↑ DVN 0.00%↑ LVS 0.00%↑ NFLX 0.00%↑ TSLA 0.00%↑ PTON 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.

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