IA Market Update (Patreon)

Despite tremendous fear in trad markets - well Uptober is in play. Shout out to dolesloan for spotting the SPX buy signal on Oct 2. 

In recent financial developments, mortgage rates have surged to 8.09%, with credit card interest rates reaching an all-time high. Car loan interest rates have climbed to their peak since 2001, and oil prices have experienced their steepest ascent in half a year. On the global front, China is orchestrating a whopping $137 billion stimulus, while conflict persists in Israel. Yet, amid these turbulent times, stocks are up nicely in October

SE and ENPHASE have popped nicely this month also - Reminder SE was an ATR experiment w Financial Ratios and ENPHASE was pure ATR