Newsletter 11/27/2024

_{Quote of the Day:} “Man is not worried by real problems so much as by his imagined anxieties about real problems” ― Epictetus

SPY LEVELS: I should have mentioned this earlier in the week but thought I was hinting at it - the next 6 weeks but specifically this week and week leading up to xmas are incredibly choppy. Speaking for myself - the P/L is less than ideal when tested. Do i just sit the next 6 weeks out - heck no. I am using wider stops, sizing down and just keeping sharp. I want to be like the knife that only gets taken out for Birthday Steaks. Keep sharp but when the time comes for me to react it is like I am in my Prime. Alot of traders P/Ls go in waves… Seasons of good, season of meh, seasons of “I think it is time to find a new career”. Identifying those seasons for yourself and the market are important. Not saying i am good at this but I know for a fact that the way I trade during these 6 weeks usually is in a downtrend when tested and my p/l when tested reflects that. I have 0 interest in getting into a 30% drawdown to close out the year. I will either make “some” or lose “some”. No heroes and no zeroes. Now that being said if your strategy, data and stats show the opposite of me - man have a great holiday season and know I am JEALOUS!!! Dm me if want to discuss more but this is why I believe tracking setups, seasonality and P/L is so critical.

No interest zone: 599.35 - 601

Above Targets: First target is 601.7 second target is 602.49 third target is 604 Reach Target is 606.3

Below Targets: First target is 598.79 second target is 598.01 third target is 596.8 Reach Target is 595.1

AMZN LEVELS:

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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.}