Prime Playbook

April 28, 2024 Volume 35 "Daddy's Home Edition"

Insane Clown Posse

Well Daddy Powell and the rest of the ICP, I mean FED, will get together this week for another round of circle jerk. Sorry, keyboard acting up, I meant FOMC. Geeeez

So, the FUMC (yeah, it really is FU! imo) meeting is taking place this week and all expectations are that they waste taxpayer money for 2 days to neither raise nor lower rates yet again. That 2 to 2:30 pm is just the appetizer time.

When Daddy gets on the mic is when the shit show begins. Listen to see if he alludes to anything more than 1 rate cut for the remainder of 2024.

We have a slew of other data all week long, and the earnings calendar is packed yet again with the likes of: LLY, AMD, AMZN, SMCI, AAPL, & COIN amongst others that report this week and are sure to impact the market.

As always, play the charts.

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LAST WEEK WAS ABSURD

Last Sunday we had NVDA 800c in the Stack, and even if you didn’t have that, we had NVDA 860c in the Stack on Thursday. NVDA went to $883 on Friday!!

COST over 1,000%

CVNA 2,000%

RILY 5/17 25c were 1.5 last Monday, now everyone FOMOing in while these are worth $1,500 from $150.

Spread the word. Subscribe today. We don’t miss in here!!

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U

U 0.00%↑ daily. This is about as clean of a look as you are going to find in trading. It’s been a slow crawl down for a retest, but now she is ready to make a move.