Newsletter 03/04/2025

Newsletter 03/04/2025 Sponsored by SpeedTrader

Author

Mitchell Hennessey
March 04, 2025

Quote of the day: "Sometimes the bad things that happen in our lives put us directly on the path to the best things that will ever happen to us." -Paul Millsap
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Put risk management in place. This is why I love SpeedTrader—a direct-access broker with a strong support team that actually helps traders manage risk. A must in this kind of market.

  • Implement a max loss per ticker and per day—something you can recover from quickly.

  • You can call them anytime, ask questions, and have risk management set up.

  • No annoying robo-calls (the bane of my existence). Talk to someone REAL and fast… Literally the week before last I called just to ask if they had any information on some stock, the entire interaction was under 5 minutes long. Sometimes I want to call the trade desk just to chat (I don’t but ya know it is a thought)

Keep yourself safe! Check out the newsletter sponsor @SpeedTraderio and my exclusive commission deal here :

Check out the promo rate and full details by clicking on the banner/logo below 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. You can give them a call at any time and talk to a human in minutes. Customer support is unmatched.


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SPY - Things are getting interesting….. We are up nearly 80% since 2021 and we still are not far off highs. That being said with massive whipsaws it creates uncertainty which is bias to the bears… People get fearful when they are uncomfortable which leads to irrational decisions etc… No bias going into today for me. Small cap market is pretty slow as well. if SPY cant break over 585 though I do see more downward pressure.

SPY No interest: 578.7 - 582.09 (Larger range but I think could be good as it protects from nasty wicks and chops after big move)

Above Targets: First target is 583.98 Second target is 585.15 Third target is 587.04 Reach Target is 591.04

Below Targets: First target is 577.49 second target is 576.1 third target is 574.9 Reach Target is 571.8

AMZN No interest: 201 - 204.33

Above Targets: First target is 205.98 Second target is 207 Third target is 208.65 Reach Target is 211.15

Below Targets: First target is 199.6 second target is 197.1 third target is 195.9 Reach Target is 192.4

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.