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- Newsletter 04/29/2025
Newsletter 04/29/2025
Newsletter 04/29/2025 Sponsored by SpeedTrader
Mitchell Hennessey
April 29, 2025
Quote of the day: "We buy things we don't need with money we don't have to impress people we don't like." - Dave Ramsey
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Good Morning!!!
$SPY Trade from yesterday.
Risk $2 to make $6… That is the name of the game.
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Market is in a really interesting spot as it tests the 50 and potentially the 200… Pivot zone or chance to reload short? I think that is the big question… I do think they are trying to hold it up for month end. I do think if that is the case and we continue higher then end of week we could have one of those huge setups. Like the Monday gap down a few weeks ago - Risk $3 to make $30 type of move. They do not come around often but I could see it setting up.
SPY No interest: 547.35 - 549.36 |
Above Targets: First target is 550.6 Second target is 551.73 Third target is 553 Reach Target is 556.4 |
Below Targets: First target is 547.12 second target is 545.12 third target is 543.39 Reach Target is 539.75 |
Small Caps:
WLDS Only thing on my scanner. Below VWAP could trap to highs or just fade off… Company needs cash poorly and has warrants at $4 so if it doesn’t just die off they may try to get it up to hit the warrants.
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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.