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[Investment House Wrap Up] [IH Daily]( [Technical Traders Alert]( [Rapid Profits Stock Trader]( [About Jon]( In This Issue: - Market Summary
- Targets Hit
- Covered Call Options Play Weekend Wrap Up for 08/11/2024 by Jon Johnson
Editor, [Investment House Daily]( [Technical Traders Alert]( & [Rapid Profits Stock Trader](
[1pxtrans]( Sponsored Content [Get Paid Every Month with this "Forever" Dividend Stock]( After 31 years of trading the markets, I've just found the Holy Grail of dividend stocks, with a sky-high yield and monthly payouts, PLUS a dividend. See cash pile up in your account - cash you can take to enjoy life or re-invest to rapidly grow your income payouts. And the best thing is, I've put all the details in a new Special Report you can download FREE. [Click HERE while it's still available.]( 1. Market Summary
[Jon Johnson] - Jobless claims charge up futures
- Indices rally and this time hold the move.
- 30-year auction tails just as the Wednesday 10 year, but the market handles it
- Still at bear flags on Friday -- not the best setup for the weekend so why not surge and solve the problem?
The major stock indices are now up two of three sessions on a week that saw the prior weekâs selling bleed over into Monday. Thursday futures were mixed with DJ30 modestly lower, Nasdaq and S&P 500 modestly higher. The release of the jobless claims and continuing claims, lower and higher, respectively, appeared to energize futures. They shot higher with the Dow turning from -40 to +184. Nasdaq jumped from +9 to +195+. NOTE: The figures and facts above are from the 8/8 report. MARKET VIDEO [Click here to watch!]( NOTE: The video is from the 8/7 report. [If Investors Think the Stock Market is Unpredictable, Think Again]( Believe it or not, thereâs a way to know what direction a stock is poised to go over a period of time⦠Iâm talking about a technical trading technique that lets investors know whether a stock is going upâ¦or whether itâs going down â within a rough time frame. I personally use this technique to consistently make profitable trades⦠And Iâve put together a short presentation with details on how investors can start taking advantage of this technique alongside me. [Click this link to view the presentation.]( 2. Targets Hit Investment House Daily: A very volatile couple of weeks with a plunge lower the prior week followed by a recovery move this week. It was mostly a rebound week with not many stocks able to shake off the damage to the patterns. We thus used the bounce to bank some profits, but we also let positions such as Palantir Technologies that managed a pattern repair to continue working. We have stock and September options on that play so we want to let them build more profit for us. As it is we banked a few positions as we wait for the market to decide if it can base out and continue building back upside or if it is ready for some more downside work. Coeur Mining Inc. (NYSE: CDE): 63% gain in the stock Revolve Group Inc. (NYSE: RVLV): 19% gain in the stock, 92+% gain in the options Core Laboratories Inc. (NYSE: CLB): 39.2% gain in the options [Receive a risk-free trial to Investment House Daily and save 50% by clicking here now!]( [Where are the record-setting stocks going?]( Wondering if you should be bullish or bearish on Nvidia for the remainder of the week? Don't worry about "buying the news" or getting scared into selling when the A.I. can guide your way. In other words, be rational. The same A.I. that predicted the banking crisis, housing market crash and Covid crash recently forecasted 2 massively bullish moves for Nvidia. [Join me LIVE to learn how we're trading this ticker and 3 more with this A.I. forecast](. 3. Covered Call Options Play Heritage Insurance Holdings Inc. (HRTG) -- Heritage Insurance Holdings Inc. is currently trading at $7.40. The September 2024 $7.50 calls (HRTG20240900C00007500) are currently trading at $0.45. [Learn more about our Covered Call Tables here!]( About Investment House: [Investment House]( Since 1999! Our investment newsletters are designed to reduce your research time and help you invest and trade profitably. Our strategies range in risk from rather conservative covered call writing, trading blue chip stocks, all the way to speculating with options to get quick triple-digit gains. Get to know Investment House with these premium investment services: [Investment House Daily](
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