Newsletter 02/21/2024

Newsletter 02/21/2024 Sponsored by SpeedTrader

Author

Mitchell Hennessey
February 21, 2025

Quote of the day: “There is nothing permanent except change.” -Heraclitus

Happy Friday!! I am sharing this tweet from @GregoryS365. I think this is such a beautiful way to honor Jackson’s memory. I donated and am happy share to help spread the word. If you are interested in donating please check out the link.


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.


SPY Welp - that major trade came about 2 minutes into open. Not much I can do aboout that but good prep.

“seems somewhat weak… We will see … I think we could be setting up vs 612ish area…
IDEALLY we chop around today and do not breach highs… This for me could be setting up a big Friday SPY trade…. only time will tell… (ATH incoming now that I said this hehe)”

Today I do not have much of a bias. Not much on radar. Maybe this BURU pushes off open for a short.

MLGO always a name need to be careful with but usually favors crushing shorts lol - probably will not touch it. if I do those speedtrader stops are going to be trigger—-Market——ARCA LOL


SPY in the same spot as yesterday despote

No interest: 610.75 - 612.30

Above Targets: First target is 613.23 Second target is 614.6 Third target is 615.9 Reach Target is 618.4

Below Targets: First target is 610.01 second target is 608.81 third target is 607.44 Reach Target is 603.61

AMZN LEVELS:

No interest zone: 223.71 - 226.58

Above Targets: First target is 227.68 second target is 228.34 third target is 229.12 Reach 230.21

Below Targets: First target is 222.81 second target is 221.1 third target is 219.5 Reach Target is 217

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.