Newsletter 01/27/2024

Newsletter 01/27/2024 Sponsored by SpeedTrader

Author

Mitchell Hennessey
January 27, 2025

First off: GOOOO BIRDS!!!! Super Bowl Bound!!

Quote of the Day: "Everything negative - pressure, challenges - is all an opportunity for me to rise." - Kobe Bryant

Notes: As expected - pretty volatile since new administration took office. Today should be pretty exciting. I can get pretty crazy in times like this where I end up with like 0 buying power, wayyyyy over extended both monetarily and mentally. \

From Fridays Newsletter

If I were a risk manager at a fund this would be on every traders sheet today:

  • DO NOT OVER ESTIMATE THE BOUNCE !

  • Patience !

  • Wait till 9:45 am. Off open will probably be the 8th wonder of the world. (I plan to soak it all in and just enjoy) Candles will be fierce and big.

  • After entering the positions set TP / Stops and go for a walk

    • Quantum Names - RGTI had some serious relative weakness. Looks like they are selling paper (diluting).. Can probably use 13s on a push for guide. Interested to see if continue to sell Paper

    • Small Cap gainers: JG, HOLO, AKRO

No interest: 594.63 - 595.89

Above Targets: First target is 596.61 Second target is 597.78 Third target is 600.27 Reach Target is 602.75

Below Targets: First target is 593.4 second target is 592.82 third target is 591.91 Reach Target is 588.31

AMZN LEVELS:

No interest zone: 225.54 - 226.85

Above Targets: First target is 227.67 second target is 228.48 third target is 229.73 Reach 231.54

Below Targets: First target is 224.63 second target is 223.05 third target is 221.48 Reach Target is 218.93

TSLA LEVELS:

No interest zone: 390.75 - 394.98

Above Targets: First target is 397.72 second target is 399.93 third target is 403.5 Reach 409.28

Below Targets: First target is 388.1 second target is 386.14 third target is 383.14 Reach Target is 379.1


SpeedTrader is a sponsor for the Newsletter!! As many of you know, I trade small caps. I've been focusing on small caps using SpeedTrader as my go-to brokerage for the past 8 months, especially for shorting stocks. TD, ETRADE etc. are so unreliable. My fills were also terrible. I would see the price LOWER and still have trouble getting filled. I use SpeedTrader because they have TRUE Direct Market Access, so I can execute my trades. Plus, their customer service is top-notch —always there when I need them.

Check out the promo rate and full details by clicking on the banner/logo above or any of the links. Remember, I can only share what I personally use SpeedTrader for—I can't offer their services or answer questions about them directly.

This trade below is from November. I am able to route through FAN, ARCA etc. using SpeedTrader to help me get the best execution price. The commission rate posted on the link above is $.0015 per share when using code HUGHHENNE. Be sure to read the web page and/or contact SpeedTrader for details.

GOOD LUCK AND BE SAFE

H.H

“Hazard Zet Forward”

PLEASE READ: I am doing this because I love the community and enjoy talking about stocks. I have a right to talk about stocks and I’m going to do just that. Nothing is advice. I am not a financial advisor. This is not advice (seriously, i mean it). I am not a pro. I could be buying or selling any ticker mentioned at any time. One more time - I could be buying or selling any ticker mentioned at any time. I will do what I want and I want you to do what YOU want. Any money made / lost is the result of your personal decision - “Daily Newsletter” “Hugh henne” “Mitch Hennessey” or anyone / anything connected to any of those are not liable.