Newsletter 09/18/2024 (1)

Newsletter 09/18/2024

Quote of the Day: “The highest form of wisdom is to know when to play and when to stay away.”

FOMC day…. as you all know the bottom of the newsletter says “GOOD LUCK AND BE SAFE” that is BOLDED TODAY. Fed meeting with HIGH expectations of rate cut. In fact odds of a 50 basis point rate cut are like 60%. A shift in fundamentals has always been a no touch for me personally. I probably will not even look at spy today.

SPY LEVELS:

No interest zone: 563.68 - 564.25

Above Targets: First target is 564.54 second target is 565.01 third target is 565.98 Reach Target is 568.01

Below Targets: First target is 562.95 second target is 562.14. third target is 561.38 Reach Target is 559.9

The difference between most traders and myself is that ideally 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.

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.

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.