Newsletter 06/12/2024

Good Morning Trader!

_{Quote of the day:} “I’d rather regret the things I’ve done than regret the things I haven’t done.” - Lucille Ball

SPY Levels for the day: CPI this morning. Lowest MoM CPI since May 2020. Still a long way away from 2% but so far market is reacting well. With the market there are alot of competing factors with CPI so I like to let the market really prove itself on CPI Days. Reason I say this is market could synthesize the good number a few different ways. The obvious - lower then expected = bullish. All though the alternative is lower then expected = less probability of a cut. And as we know the Market LOVES a fed that is cutting rates. Just some thoughts.

No interest zone: 538.21 - 542.7

Above Targets: 543.15 is the first target, Second target is 543.97. Reach target is 545.37

Below Targets: 537.8  is the first target. Second target is 537.07 and reach target is 535.23

Tomorrow I will add in NQ and QQQ. Go Team ! Trade em well!

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 currently plan to not specifically trade any stocks mentioned so there is zero conflict. That being said 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.}