Money Vikings Investing - Week of 10/8

In This Issue: Market Report, Finviz/Sector Analysis, Weekly Sentiment Analysis, Portfolio Construction, Inflation Defense Systems, and Hot Trades (COPX / SPY), Dollar Damage.

A fairly volatile week with Friday making an exciting close over the 200 day exponential moving average. Jobs numbers were good, but that spooked the market that rates might continue rising, pushing bonds lower.

Finviz Heat Map 10/2-10/6 Weekly

Technology led, up 2.57%, while Energy lagged, down -5.03% for the week.

Fear and Greed Index

This week the fear and greed indicator increased from 25 to 29 (slightly bullish). The VIX remains above 17 with a weekly high of 18.73. The Put/Call Ratio remains over 1 (bearish). The Fear and Greed Indicator is a tool used to gauge the overall market sentiment based on several indicators. It provides valuable insights into investor behavior by analyzing factors such as volatility and options trading.

VIX

Here’s how the VIX traded this week. It remained elevated over 17. Primarily, it serves as an indicator of the expected 30-day volatility of the S&P 500, providing insights into the market’s sentiment and risk perception.

SPY, Last Week Price Action

Here’s a view of SPY over the past few months, with a box around the prior week. We are a hair over the 200 EMA now, which is bullish. One of our premium member technicians tells us that holding 419 will be key in this trend reversing.

AAII Sentiment

Between 9/27 and 10/4, the AAII Sentiment showed a slight increase in bullishness from 27.8%, a slight decrease in neutral from 31.3%, and a slight increase in bearishness from 40.9%.

Interest Rates

We now have a a 4.7% 10 year, a 4.9% 30 year, and a 5% 2 year. 🙃

Economic Events & Earnings

PPI and FOMC meeting minutes on Wednesday, then CPI and Initial Jobless Claims on Thursday. For earnings, we have DAL 0.00%↑ & DPZ 0.00%↑ reporting on Thursday, and JPM 0.00%↑ , UNH 0.00%↑ , C 0.00%↑ , BLK 0.00%↑ , WFC 0.00%↑ reporting on Friday, both before the bell.

Portfolio Construction, and Inflation Defense Systems

Lets take a walk with Greg, co-founder of the Money Vikings, as he explains how he builds his personal portfolio to allow him to earn, as well as sleep at night.

If you’re interested in learning more about the US dollar and it’s recent rise,

Jason Milton

of

Antagonist Stocks and Options Research

has a great overview of Luke Gromen’s analysis in his latest Over the Weekend.

HotTrades

Well, this is not exactly a “hottrade”, but