Newsletter 01/30/2024

Newsletter 01/30/2024 Sponsored by SpeedTrader

Author

Mitchell Hennessey
January 30, 2025

Quote of the Day: “Doubt is Only Dangerous IF You Doubt Yourself You are the only person that needs to believe.”  - Nick Bare

Trade Review:

This was SLXN yesterday - This had at least 2 more opportunities during this 2 hour period of text book levels & setups. I just did not execute.


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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.

This was my trade 01/27 for NVDA. Just as discussed yesterday - Patience. This was a 2.5% trade. I never gave it the opportunity to go against me. Without the tools from SpeedTrader and patience I might have had 2…3 losses prior to this and would just be working to make it back.

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

  • Small Cap gainers ill be watching: ATHE, AMOD, TECX, KZIA


    SPY: This worked pretty well yesterday towards the back end “Maybe a flush under for a trade long or flush under and using that as risk… Will see how the next 7 hours play out.”

  • SPY in the same spot as yesterday despite no rate cut…. I am interested to see how this week ends to gain a better sense of bigger picture.

No interest: 602.75 - 604.2

Above Targets: First target is 604.93 Second target is 605.28 Third target is 607 Reach Target is 609.04

Below Targets: First target is 601.21 second target is 600.27 third target is 598.73 Reach Target is 594.71

AMZN LEVELS: ATH for AMZN yesterday - Levels are tougher ATH

No interest zone: 235.27 - 237.54

Above Targets: First target is 238.75 second target is 239.9 third target is 241.77 Reach 244.3

Below Targets: First target is 234.54 second target is 233.05 third target is 231.38 Reach Target is 228.64

TSLA LEVELS: what an after hours for TSLA…. ideally rips higher

No interest zone: 404.5 - 408.29

Above Targets: First target is 411.75 second target is 414.49 third target is 4418.7 Reach 422

Below Targets: First target is 401.76 second target is 398.3 third target is 394.66 Reach Target is 389.62

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.