11/28/23 You’re Bored, I’m Elated


On Monday, markets opened the new week with losses.

Most stocks were red at the open, and the day’s trend was sideways.

Charts from Finviz

The indexes closed red and near flat…

  • Dow Jones -0.2%
  • Nasdaq -0.1%
  • S&P 500 -0.2%
  • Russell 2000 -0.3%

Sector Round Up

The sectors failed to produce gains (or losses) of more than 1% for the fourth day in a row. 

3 of the 11 sectors closed higher.

The winners…

  • Real Estate (XLRE) +0.4%
  • Consumer Discretionary (XLY) +0.2%
  • Utilities (XLU) +0.2%

At the bottom…

  • Industrials (XLI) -0.6%
  • Communications (XLC) -0.6%
  • Healthcare (XLV) -0.6%


Your morning updates over the past week have been incredibly dull.

And that’s a good thing for the bulls.

VIX Daily Candles – Chart from thinkorswim

The Fear Index, aka “The VIX,” made new 52-week lows two sessions ago.

And even while it rose on Monday, the trend was still down. The last three candles are red. We’re in the bull market we’ve all been waiting for.

Now, here’s the deal—Bull markets are boring.

Your latest readout…


It’s three trading sessions away. And it’s super important.

December is a significant predictor for the markets. And consistently delivers profitable opportunities.

In the coming days, we’ll explain…

  • The January Effect (starts mid-December)
  • The Santa Rally
  • The Free Lunch Trade, Stock Picks included—Success rate = 90%
  • Your complete December outlook 
  • And more!


*Low Float
^Open Position

*DRCT on watch
*GYRE support at $17
*SHOT support at $3, resistance at $5
*MYO support at $3.20, resistance at $3.50
HRTG on watch
RYTM support at $34
ALKT support at $22

Secondary watchlist—float about 100 million

NMRK support at $7.50, resistance at $8
AUTL support at $4.50
BKD support at $4.50
GPS on watch
support at $18
AFRM support at $27
SID support at $3.20

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