Hello Traders,
SPY 0.00%↑, $SPX, #ES_F had a phenomenal 9 Weeks of non stop uptrend. The first week of 2024 has applied break to the uptrend.
It’s a new year and new quarter. Financial Institutions traders are back and they are busy discussing what’s their Q1 and 2024 targets.
Jan 2023 was easy for them as SPY 0.00%↑ was dumped to the ditches in 2022. They just had one direction. To balance it and bring it back.
Now they are digesting the 2023 gains and making strategies for 2024. They are considering various macro scenarios for Sector rotation, Presidential election, Rate cuts, Geo political situations etc.
As a retail traders, we don’t have any control over any of them. Our job is to identify the direction of Institutions bias and hop on that train for a short ride.
First step - protect your capital and generate risk money from it by getting 5-6% APY
Second step - Be disciplined and apply solid risk management on the money that you apply for the trading.
I have listed 24 awesome ways to save/make/hedge money. Check this PDF document by downloading from here. There is no reason not to check it out. I will be adding 25th to the list soon with a deal offering 8% APY on cash.
In this document, I have also shown how to get my paid posts for free. I recommend it to everyone.
By the way, did you check the January month distribution of YieldMax ETFs? Here is the link. CONY 0.00%↑ is paying $2.69/share as monthly dividend.
Awesome. Isn’t it?
My DMs are open for your questions on X, StockTwits and Threads. Follow me there and keep notifications ON.
Now let’s discuss more on SPY -0.09%↓ $SPX #ES_F TSLA 0.00%↑ AAPL 0.17%↑ COIN 0.00%↑ and more.
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