Hi YXI friends,

We saw a largely expected bounce on Wednesday, but I’m not entirely convinced that the market is out of the woods. I am cautious that we could see new lows in both the indices and crypto in the coming week.

However, it doesn’t mean every stock will roll over at the same time. Just as SPY rose when 50% of its components fell below their 50-day MAs, it is essential to treat every stock with nuance.

Today, I am also reviewing MSFT’s fundamentals and technicals, because it triggered something quite rare last night - being down 6 days in a row.

My plan for the company fundamentals in the future is to set up individual pages for each stock, and we track each stock’s progress each quarter on those pages. This way, there is continuity, rather than having to search for previous updates for comparison. It could also reduce the length of our daily insights as these deep dives take up much space.

DISCLAIMER: This newsletter is intended for educational purposes only. Any information or analysis in this note does not constitute an offer to sell or a solicitation of an offer to buy any securities. Nothing in this note is intended to be investment advice, nor should it be relied upon to make investment decisions. Any opinions, analyses, or probabilities expressed in this note are those of the author as of the note's date of publication and are subject to change without notice.

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