The HEAT IS ON!
I don’t know where you live, but if it’s along the east, west, or southern areas of the country then I KNOW you are getting fried right now. I’m in the northeast and the temperature hit 100 degrees today. Unfortunately, this isn’t he only heat we have this week.
The market was on a straight heater last week as well, just blasting higher and higher. We will look to see if it can continue this week, but there are major hurdles ahead.
The slight uptick in unemployment has everyone going nuts again over 1 month of data betting on a rate cut in September. I’m not so sure about that. Daddy Powell testifies Tuesday and Wednesday this week to the House and Senate. He has said repeatedly a single reading is not enough evidence to change rates, and I don’t expect him to change his stance anytime soon. CPI comes out on Thursday, and PPI on Friday.
With the busy week ahead, you just stick to the Stack as always, and you will bank. There hasn’t been a week yet where we don’t come away with BIG BIG bags, and this week will be no different.
If you are not a paid subscriber, NOW is the time to get on board! What are you waiting for?
ONE ON ONE Lessons
You can change your life in just few hours. My lessons have helped so many people this year, and there is no time like now to get on the wagon with PRIME.
RESERVE YOUR SPOT NOW!
Schedule Today and Bank with PRIME!
Primerano40x 1 on 1 Appointment Schedule
**FOUNDING MEMBERS GET 2 FREE Sessions!!**
Annual Subscription Money Back Guarantee!!
If you don’t make back your ANNUAL subscription fee ($200) in 1 month, I will refund your money AND YOU KEEP your subscription.
ZERO RISK - WHO ELSE DOES THIS??
Valid on new annual subscriptions only. First month defined as first 8 issues from start of annual subscription.
My Charts
Over Green line = Entry for Calls
Under Red line = Entry for Puts
Dotted Blue line = Price Targets
Price targets are not the same as option strikes.
Price targets are where I believe the chart can/will go.
The strikes I suggest are what I think provide the best risk/reward to make money.
Let’s BANK!
CPNG
CPNG 0.00%↑ daily with the big pop to end the week last Friday. Now it is testing this upper trendline for the third time in this consolidating wedge. This is a pretty nice setup, and I’ve got a cheap idea with some time that could pay out nicely. Here’s what I’m thinking.
Keep reading with a 7-day free trial
Subscribe to PRIME PICK$ to keep reading this post and get 7 days of free access to the full post archives.