Newsletter 02/10/2024

Newsletter 02/10/2024 Sponsored by SpeedTrader

Author

Mitchell Hennessey
February 10, 2025

Woke up with another Super Bowl!!! (Yes - I know a paragraph a sentimental paragraph about a sports team ((insert eye roll)) but give it a chance) As a lifelong Eagles fan, I take incredible pride in this team, and every championship is special. It takes everything to be the very best of the best, but this season, more than ever, felt special. There’s no better feeling than battling every single day with one goal in mind—and getting it done. The Eagles embodied that this season. They found a way. It wasn’t always pretty, but they stayed locked in, controlled what they could, and finished the job. This season will stick with me and I felt I took away a lot. When everything seems stacked against you, that’s when you dig in. I know I’ll carry this with me when I’m facing my own uphill battles. When the odds feel impossible, I’ll remember this team and this season—because sometimes, the toughest fights lead to the most unforgettable victories. No matter what game you're playing, the formula doesn’t change: Stay focused. Trust your process. Take the hits and keep moving forward. Because in the end, nothing compares to the feeling of seeing it all come together when it matters most.


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.

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: MGOL held up really nice and has kinda been stair stepping up last few days. Range is expanding in pre market but I do not take much into account considering PM. Will be interesting to see what it is able to do this week…. Something like Friday where it flushed and immediately reclaimed may give decent R:R.



    SPY - Manipulators might have slept in after the super bowl lol
    AMZN - Fridays thoughts worked out really well - interested to see if that 231ish level holds as the brick barrier. If reject and start heading down I am looking to see how we react at level 1 as that is a BIG Spot. That becomes resistance and oh baby. Any help from overall market / headlines would also be a factor.

No interest: 604.09 - 605.22

Above Targets: First target is 605.89 Second target is 606.74 Third target is 608.1 Reach Target is 610.6

Below Targets: First target is 603.37 second target is 602.03 third target is 600.98 Reach Target is 598.93

AMZN LEVELS:

No interest zone: 229.43 - 230.8

Above Targets: First target is 232.83 second target is 234.68 third target is 235.83 Reach 238.2

Below Targets: First target is 228.6 second target is 226.99 third target is 225.8 Reach Target is 223.38

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.