Newsletter 08/22/2024

_{Quote of the day:} "Holding onto your anger is like drinking poison and expecting the other person to die.” -Buddha

SPY Levels: Yesterdays comments were pretty timely yesterday - big day tomorrow w P at Jackson Hole. Nimble + staying safe is the name of the game. If we can make lunch money - 1% of the account everyday we will succeed, there is no doubt.

“SPY is in the same spot as yesterday. We have discussed this a few times but imo when this happens the market is creating liquidity for a bigger move. Our job is not to time that bigger move but rather stay safe while others get chopped in the range and then we are not emotionally struggling when that move does in fact come.” This is the type of price action that destroys traders (gamblers). Every move looks strong. The levels in conjunction with strategy allows you to skip this noise.

No interest zone: 561.24 - 562.77

Above Targets: First target is 563.32 second target is 564.37. third target is 566.25 Reach Target is 568.62

Below Targets: First target is 560.68 second target is 559.54. third target is 557.71 Reach Target is 555.39

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.}