Newsletter 12/05/2024

Newsletter 12/05/2024 Sponsored by SpeedTrader

Author

Mitchell Hennessey
December 05, 2024

Quote of the Day: "When setting out on a journey do not seek advice from those who have never left home." -RUMI

Notes: BTC 100k - wild. Congrats!! If you had purchased $100 worth of Bitcoin at its lowest price of $0.0008, you would have acquired 125,000 Bitcoins. If Bitcoin were to reach $100,000 per coin, your investment would now be worth $12.5 billion. Fun to think about.

SPY Levels: Playing cautious (always) but especially this week. I personally do not do well with the grinding action at all time highs. Not good data and I personally just do not like it. Great time to look at the retirement accounts but

No interest zone: 606.8 - 607.91

Above Targets: First target is 608.50 Second target is 609.1 Third target is 609.9 Reach Target is 611.4

Below Targets: First target is 606.45 second target is 606.01 third target is 605.3 Reach Target is 603.69

AMZN LEVELS:

No interest zone: 216.7 - 219.23

Above Targets: First target is 219.98 second target is 220.40 third target is 221.6 Reach Target is 223

Below Targets: First target is 215.71 second target is 214.11 third target is 212.3 Reach Target is 210.48


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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.