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- Newsletter 02/06/2026
Quote of the day: "When it comes to luck, you make your own." -Bruce Springsteen
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Good Morning!!!
SPY - You know how i feel about fridays… lets see if we get the opportunity to have a real sell day….
BTC hit 59k yesterday - still no panic there… just a slow controlled selling movement. That is the worst for recovery imo. So much more supply to go through. I have discussed it before but the rubberband effect is my favorite in the market to recover quickly. Large extensions to the downside that is quick allows for a rebound (similar to a rubberband). Best example of this by far imo is Covid V Shape recovery.
Interested to see if the weekend leads to panic but then again crypto is 24/7 so the same psychological emotions we see with the market may not hold the same weight (thinking out loud)….. very interesting - new thought frontier…
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SPY No interest: 679.10 - 682.02 |
Above Targets: First target is 683.12 Second target is 685 Third target is 686.80 Reach Target is 688.50 |
Below Targets: First target is 678.62 second target is 676.13 third target is 674.64 Reach Target is 671.15 |
QQQ No interest: 598.76 - 601.3 |
Above Targets: First target is 602.29 Second target is 603.77 Third target is 604.55 Reach Target 608.76 |
Below Targets: First target is 597.76 second target is 596.53 third target is 594.53 Reach Target is 593.66 |
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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.