[COPY] Prime Playbook

May 30, 2024 Volume 44 "Mariner 9 Edition"

Are we on Mars?

The market this week has been an absolute roller coaster. A circus. 30 point rip and dips. Last minute of the day explosive moves. Earnings BEATDOWNS all over this week. It didn’t matter who you were. COST, DELL, and others fell hard, with MDB taking an $80 nose dive after hours today!

Tomorrow is PCE day. What the market has seemingly been waiting on all week. It will be interesting as always to see the market reaction, and if there are any revisions to prior numbers (cooking the books!)

So the good news is that this week is over tomorrow, AND it’s LOTTO FRIDAY!!!! You know we are going out with our big bags in hand tomorrow, so follow the Stack and bank like we do EVERY SINGLE STACK!!

---

My Charts

Over Green line = Entry for Calls

Under Red line = Entry for Puts

Dotted Blue line = Price Targets

Price targets are not the same as option strikes.

Price targets are where I believe the chart can/will go.

The strikes I suggest are what I think provide the best risk/reward to make money.

Let’s BANK!

---

---

HOOD

HOOD 0.00%↑ has been pushing up pretty much all year, and it looks like it is getting ready to try and make a BIG move on the weekly chart with the massive FVG’s above. This one can pay nicely on Friday. Here’s my plan: