This trendline has called market tops

Earnings mania -   Note: Markets are closed on Monday! [YouTube]( [Twitter]( Friday, Jan. 13, 2023 This trendline has called market tops Hey Reader, Earnings season is off and running. Earnings season is great for trading because it means more volume, giving us more chances to profit each day. Our team will be live Tuesday morning when the markets open again to trade the next batch of earnings reports. Today we got a dose of the financial sector, with the big bank releasing their quarterly results. One name we analyzed was Wells Fargo (WFC). You can find Olivia Voz's breakdown of WFC by following the link below, along with Mark Sebastian's Big Money Flow on a generic drugmaker. [WFC chart analysis]( If you have a stock you're watching, you can bring it to the chatroom for Voz or another expert to analyze live on the show! From a broader market standpoint, we need to keep an eye on the 200-day moving average for the SPY (the QQQ still remains slightly below its 200-day). This indicator has acted as resistance on multiple occasions over the past year, so we could be looking at another near-term market top right now... even though momentum remains green. More coming soon, traders. Garrett {NAME} Executive Producer, Money Morning LIVE   You are receiving this e-mail at {EMAIL}, as part of your subscription to Money Morning LIVE. To remove your email from this list, [unsubscribe here]( or manage your Money Map Press [Email Preferences](. To cancel, or for any other questions or requests, please contact our Customer Service team: [Online]( Phone: 888-384-8339 (North America) 443-353-4519 (International) Mail: Money Morning Live | Attn: Member Services | 1125 N Charles Street | Baltimore, MD 21201 Fax: 410-622-3050 Our Customer Service team is available Monday - Friday between 9:00 AM and 5:00 PM ET. © 2023 Money Map Press. All Rights Reserved. Nothing in this email should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: Money Map Press. 1125 N Charles Street, Baltimore, MD 21201. [Website]( | [Privacy Policy]( | [Terms & Conditions](