SMC Update Week Ending 11-24-23 Recorded 11-26-23

Sun, 11/26/2023 Sunday, 11/26/2023 11:08 PM PST


Comments (3)
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johngreen01554628
johngreen01554628

I am not sure if any of your subscribers trade secondary stock index, They are not the leaders. Same went during Y2K market top. Money went into stocks that were going up.

Just don't know why you are not looking at Microsoft, Google ETC... Magnificent 7, FAANG, They are the leaders. toping out will lead everything lower. I ask again to look at things that are important. Secondary indexes is not important Will all the updates, It comes out that you have no skin in the game. Only skin in the game is your Subscription model.

Look at Magnificent 7, FAANG, SMH Etc... for your subscribers. Not your Narrative

NDX Big down projection is gone. Loop projection? bigger move or new lower Projection?

adwhartonmd232
adwhartonmd232

Peter you have not shown the VIX chart in last few months Is it because it’s no longer bearish

johngreen01554628
johngreen01554628

adwhartonmd232 said:

Peter you have not shown the VIX chart in last few months Is it because it’s no longer bearish

Don't fit the narrative. Asked to look at Magnificent 7, FAANG. They are the one leading market up. Would one look at the leader or some least watched index. Web has no lower projection on NDX, went up in smoke. NDX/DOW ratio is nothing like previous tops now over 4 months. which did not happened

No skin in the game

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