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Table of Content
Insights
🤑 Profits from Discord alerts | Biggest week of the year!
💫 Top ‘Must Know’ News on Wall Street?
$SMCI joins the S&P 500, The Elon Musk effect, No rate cuts
❓Planning for the next market cycle. (education)
📈 Stock Market Roadmap for 03.10.24 (premium members)
Insights, levels, trade ideas, March outlook for stocks. Upgrade
💻 Group Zoom Meeting today at 7:30 pm | Topic is Risk Management | Invite Link Here
Gains
Discord Profits
View gains on Twitter:
Banger after banger.
$TGT
Bought $TGT 150c for $650 per contract.
Sold at $1,700.
Total profit = $1,050 per contract.
$SPX
Bought $SPX calls for $300.
Sold at $800
Total Profit = $500 per contract
/ES
Long 5094
Sold 5157
Total profit = $3,150 per contract.
$SPX
Bought 5060p at $80
Sold most at $150
Total profit = $70 per contract.
$AMD
Bought 210 calls at $250
Sold most at $610
Total profit = $360 per contract.
$AMZN
Bought 177.5c at $85
Sold most at $120
Total profit = $38 per contract.
News
Government funding, but not for retail
This partial budget deal funds six major government areas: military and veterans affairs departments, agriculture, commerce, justice, transportation, housing and urban development, and energy.
Europe’s Digital Markets Act is forcing tech giants to make changes.
The companies face the threat of hefty fines worth up to 20% of their annual global revenue for repeated violations — which could amount to billions of dollars — or even a breakup of their businesses for “systematic infringements.”
Aramco sees China demand growing, eyes more investments
"So far, we are in the early part of 2024; demand is healthy and growing in China," Nasser said on a media call following the release of results that showed net profit falling 24.7% to $121.3 billion on lower oil prices.
Will the Fed Cut Rates?
Fed Chair Powell: 'Not really' evidence that an inflation target higher than 2% is good for the economy.
Group Zoom Meeting today at 7:30 pm | Topic is Risk Management | Invite Link Here
Anything is possible.
If you only had $1,000 to invest or trade, how would you use it?
Riding A Market Wave
This tweet below is 100% facts. This is why you have to view the market from various perspectives. You can’t rely solely on charts, fundamentals, volume, or news. Everything is a blend.
The market cycle can favor specific trading styles—for example, 2021 favorited chart traders who like to draw trend lines and bull pennants.
How many of you have seen these pattern images posted on social media?
👋 , I have. So have this guy!
@_tradersclub_ Don't Rely Only on Chart Patterns! Expand Your Trading Strategies! #tradingsetup #tradingstrategy #chartpatterns #xauusd #forextrader #for... See more
Now, ask yourself how often you have seen these patterns fail in a bear market. What about in a market cycle where we are trading in an extensive range with no breakouts or breakdowns?
For example, if you have
1. supported volume
2. news context
3. and a pattern
Wouldn’t that give you a higher probability?
The answer is yes. You now have three reasons to enter versus one.
How To Recognize Market Cycles?
Economic Indicators: Keep a close eye on economic indicators such as GDP growth, unemployment rates, and inflation. These factors can provide insights into the overall health of the economy and signal the beginning or end of a market cycle.
Interest Rates: Changes in interest rates can influence market cycles. A rising interest rate environment may indicate the end of a bull market, while falling rates might suggest the beginning of an economic upswing.
Technological Advancements: Rapid technological changes can disrupt industries and create new market trends. Recognizing emerging technologies and their impact on various sectors can help investors stay ahead of market shifts.
Sentiment Analysis: Monitoring market sentiment through news, social media, and investor surveys can offer valuable insights. Extreme optimism or pessimism can be indicative of a market peak or trough.
Two needed concepts to find success in a fast-changing market are…
Stay Informed: Regularly update your knowledge of market trends, economic indicators, and global events. Being well-informed allows you to adjust your investment strategy based on changing market conditions.
Adaptability: Be flexible in your investment approach. Market cycles are inevitable, and adapting your strategy to align with the prevailing conditions is essential for sustained success.
Group Zoom Meeting today at 7:30 pm | Topic is Risk Management | Invite Link Here
Earnings & Weekly Economic Calendar
Most anticipated Earnings:
Our friends at Earnings Whispers do a great job keeping track of this data.
Economic Calendar:
The full calendar is here.
What we think is most important…
Tuesday: 8:30 am Consumer Price Index
Thursday: U.S. Retail Sales and Producer Price Index Year Over Year
Entering Paid Content
On Deck:
- The best area to be bullish again
- Long-term investments Trade Setups
- Observations
- Companies that may break into all-time highs next
- Inflation & Rate Cuts
- 3 Dividend Stocks that can be great investments
PLEASE NOTE: Remember to revisit emails or write your thoughts in a separate journal or notes app on your phone. This makes it easy to refer to ideas and thoughts at work, shopping, eating, etc.
Let’s get to it.