Newsletter 10/02/2025

Newsletter 10/02/2025 Sponsored by SpeedTrader

Author

Mitchell Hennessey
October 02, 2025

Quote of the day: “The essence of strategy is choosing what not to do.” ― Michael Porter

————————————————————————————————————————

Good Morning!!!


Yesterday we discussed the range below:
We are currently sitting at 670.50 so that is out the window for now…. lol
If we went higher (mid 670s) and pulled back to above this range, consolidated etc that could be healthier for the next move up.


———————————————————————————————————-

YESTERDAY: New month — barring any major global shocks, I think 'buy the dip' will work for the rest of the year. My hunch is we’ll grind higher for longer, but I’ll reassess at year-end.

On the hourly, I see this being the large range for consolidation before the next move towards 700.

655 - 667.50 ish with a small shelf trying to form 660 level…. probably not a bad idea to keep these levels in mind while they are relevant. In general having a pulse on where the stocks are trading relative to a larger timeframe.



————————————————————————————————————————


SpeedTrader is a sponsor for the Newsletter!! As many of you know, I trade small caps. I've been focusing on small caps using SpeedTrader as my go-to brokerage, especially for shorting stocks. TD, ETRADE etc. are so unreliable. My fills were also terrible. I would see the price LOWER and still have trouble getting filled. I use SpeedTrader because they have TRUE Direct Market Access, so I can execute my trades. Plus, their customer service is top-notch —always there when I need them.

Check out the promo rate and full details by clicking on the banner/logo above or any of the links. Remember, I can only share what I personally use SpeedTrader for—I can't offer their services or answer questions about them directly.

SpeedTrader, Inc. is not affiliated with third-party educators or service providers. Any investment decisions made by the user through the use of such content is solely based on the user’s independent analysis taking into consideration your financial circumstances, investment objectives, and risk tolerance. SpeedTrader, Inc. does not endorse, offer nor recommend any of the services provided by educators or service providers. Any information used to execute any trading strategies is solely based on the independent analysis of the user.

SpeedTrader Disclosures

I am able to route through FAN, ARCA etc. using SpeedTrader to help me get the best execution price. The commission rate posted on the link above is $.0015 per share when using code HUGHHENNE. Be sure to read the web page and/or contact SpeedTrader for details.

This is what my montage looks like. I can easily move between routes and set different order types.

————————————————————————————————————————

————————————————————————————————————————

SPY:

SPY No interest: 669.39 - 671

Above Targets: First target is 672.12 Second target is 673.45 Third target is 675.85 Reach Target is 679.60

Below Targets: First target is 668.55 second target is 666.83 third target is 664.42 Reach Target is 662.92

QQQ No interest: 606.31 - 608.5

Above Targets: First target is 609.4 Second target is 610.5 Third target is 612.25 Reach Target 615.78

Below Targets: First target is 605.64 second target is 604.56 third target is 602.34 Reach Target is 599.21

SpeedTrader, Inc. is not affiliated with third-party educators or service providers. Any investment decisions made by the user through the use of such content is solely based on the user’s independent analysis taking into consideration your financial circumstances, investment objectives, and risk tolerance. SpeedTrader, Inc. does not endorse, offer nor recommend any of the services provided by educators or service providers. Any information used to execute any trading strategies is solely based on the independent analysis of the user.

SpeedTrader Disclosures

————————————————————————————————————————
————————————————————————————————————————

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.