Newsletter 09/05/2024

_{Quote of the day:} "To my young friends out there: Life can be great, but not when you can't see it. So, open your eyes to life: to see it in the vivid colors that God gave us as a precious gift to His children, to enjoy life to the fullest, and to make it count. Say yes to your life." - Nancy Reagan

Data Breach: Multiple sources have released notes suggesting that you place a freeze on your credit to ensure your safety if your information was part of the National Data Breach.

In the United States, contact each of the credit bureaus if you wish to put a freeze in place or lift a freeze:

• Equifax: 888.298.0045

• Experian: 888.397.3742

• TransUnion: 800.916.8800

• Innovis: 866.712.4546

Source: JPMorgan Chase & Co.

The difference between most traders and myself is that 6.5 times out of 10, when this happens, it is followed by this, and my risk-reward ratio is 2:1. The data behind the strategy is the edge. SPY is back to where it was yesterday morning and still within the set range from the past two weeks. My hunch is that we may be creating large liquidity to disperse post-September Fed meeting, especially since a first rate cut is expected. I will continue to read and think on it, but that is the current hunch.

SPY LEVELS: 

No interest zone: 549.97 - 550.94

Above Targets: First target is 552.36 second target is 553.77 third target is 554.65 Reach Target is 556.5

Below Targets: First target is 548.86 second target is 547.31. third target is 546.49 Reach Target is 544.15

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.}