Newsletter 06/25/2024

Good Morning Trader!

_{Quote of the day:} “check what game you are playing at the door. Are you leasing or owning (vehicle = stock)? Don’t be forced to own it because you got caught holding when the music stopped.” - Unknown (Mitch hennessey? Probably not but I am behind today and don’t have time to research who said it first)

Something to note: The bottom information has changed. I am a trader and back to trading on all gears. That being said I am not limiting what I trade - that is just insane. I will go where I see an opportunity to make money.

 SPY Levels for the day: My personal plan is to look for a pretty big push at open to get back short after bounce is proven to have air underneath. I do not think the “trend has shifted” QUITE YET. That being said if / when we do there is plenty of meat on the move. Not really interested in going long on a summer Friday.

No interest zone: 543.43 - 544.17

Above Targets: 544.38 is the first target, Second target is 544.71. Third target is 545.24. Reach Target is 546.36

Below Targets: 542.99 is the first target. Second target is 542.46. Third target is 542.14 reach target is 541.61

NQ Levels for the day: sorry y’all i already got on a few trades atm got to monitor and this is free i.e bottom of priority list

Cautionary Reminder: MLGO $13 per share - cautionary note… there is a lot of liquidity they will need to sell, these Chinese scams (imo) do the same thing and have one goal…. create liquidity to sell paper…. rinse and repeat. I used to think that companies listed on the market were all great companies - thriving with shareholders interest in mind EHHHHH WRONG (imo). Exchanges collects fees and the ones “protecting investors” look the other way.. Congrats to the longs there and it COULD go to 1,000 but check what game you are playing at the door. Are you leasing or owning? Don’t be forced to own it because you got caught holding when the music stopped.

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.}