[9/9] After-Market Commentary: Bulls have 3 weeks to accomplish this ONE Mission.
Updated Economic/Valuation/DCF Data Tables + Commenatary for Members
After-Market Commentary [9/9]:
Hey Folks - I’ve updated all the economic charts, valuation data, and market structure notes for members to view below.
Just a quick few sentences to wrap up my thoughts together with the Daily Plan from this morning.
In summary, here were my thoughts for NQ (QQQ ETF proxy). I always talk about NQ because where tech goes, the S&P 500 will follow. Based on index composition weighting math of the top names, SPX cannot make new highs without NQ regaining strength.
From today’s plan for Members sent out during pre-market session.
Today we checked off #1. After-market, it appears that #2 is starting to play out.
Okay, nice.
If TSM monthly sales are solid, together with Oracle’s strong report tonight, tech can potentially lead tomorrow and show relative strength.
This chart below is the chart of the high correlation between NQ and BTC I shared this morning. Here’s an update beneath the paywall. Join us if you haven’t yet already.