Weekend Wrap Up for 03/12/2023

You are receiving this email because you signed up to receive Investment House's free e-letter Investment House Wrap Up, or you purchased a product or service from its publisher, Eagle Financial Publications. [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 03/12/2023 by Jon Johnson Editor, [Investment House Daily]( [Technical Traders Alert]( & [Rapid Profits Stock Trader]( [1pxtrans]( Sponsored Content [America's Next Super-Boom Is Here]( Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. [Here's how you could join them before it's too late...]( 1. Market Summary [Jon Johnson]Are Bank Runs Starting? - Stocks jump on higher initial claims, then reverse sharply on bank issues. - Are bank runs starting or were Thursday’s bank stories just one-offs? - Techs, semiconductors still remarkably resilient. - Stocks bounce on jobless claims data. If jobs are weaker, will they bounce again, and will it be enough to overcome the bank worries? Solid low to high action from the premarket turned negative futures to positive after initial claims came in higher (211,000 vs 198,000 expected), breaking a string of lower and lower claims. Apparently, based upon one-week higher, the conclusion was the employment slowdown has started. That boost carried over into the open and the first hour with stocks posting solid gains. They surged, tested, then surged again -- definitely had the look that stocks were set to rally off those Wednesday doji. Chips were leading, along with big Nasdaq names, industrial metals, software -- the same groups we have talked about. NOTE: The figures and information above are from the 3/9 report. [Watch the Investment House Video For This Week Here!]( NOTE: The video is from the 3/8 report. [Collect a SECOND INCOME Up to 40 Times Bigger Than You Can Get with a CD or Money Market!]( One of the most successful trading systems ever developed delivers “weekly dividends” of 3.3% on average. Veteran trader Jon Johnson invests in short-term stock trades, lasting one to two weeks, with amazing accuracy. Over the past 14 years, his “weekly dividend” trading system has seen a win rate of 94.8%. Best of all, his approach works whether you invest $500 or $5,000. [Click here to find out MORE.]( 2. Targets Hit Technical Trader Alert: Terex Corporation (NYSE: TEX): TEX showed market-defying strength as it worked higher up the 10-day exponential moving average (EMA). Okay, that is a bit of a stretch -- it was quite strong and steady, and in this market that has shown such volatility, strong and steady is indeed somewhat market-defying. TEX formed a shallow base at the 50-day moving average (MA) in December 2022 and into late January 2023. It moved steadily higher through resistance, but showed no real volume boost as TEX moved into early February. TEX then tested that move, working laterally to mid-month. Then TEX showed volume as it resumed the breakout move. We issued the alert to enter the play with April $55 call options asking $3.80. TEX jumped higher for two sessions then again moved laterally, consolidating the gain for six sessions -- strong and steady, but it takes its time. TEX ended the month with a nice new break higher on strong trade, and that move carried TEX up to some potential resistance at $60. TEX spent four sessions trying to get through that resistance. On Monday, March 6, TEX broke to a higher rally high ... then it stalled and started to fade. After this move and its trouble getting through resistance, this action showed it was time to bank profits. We issued the alert to sell with the options bidding for $5.80 and a solid enough 52% gain. Not huge, but TEX was played because of its steady support giving it steady moves. We were able to bank a nice gain in a volatile market without needing to have the bottle of Pepto-Bismol as the desk. [Receive a risk-free trial to Technical Trader and save 50% by clicking here now!]( [Defy Volatility Using Artificial Intelligence]( Have you ever heard if you are having issues in your trading, it could be that it's not you - it really is the market? Well, you’re in control.  You can anticipate massive trend reversals with A.I. You’ve got to see it live to understand it. [Save a Seat for this Free Live Training >Â]( 3. Covered Call Options Play Ollie's Bargain Outlet Holdings Inc. (NASDAQ: OLLI) -- Ollie's Bargain Outlet Holdings Inc. is currently trading at $55.56. The April 21 $40 Calls (PGNY20230421C00040000) are trading at $2.95. That provides a return of about 10% if OLLI is above $40 by the expiration. [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]( [Technical Traders Alert]( [Rapid Profits Stock Trader]( [Stock of the Week]( To ensure future delivery of Eagle Financial Publications emails please add financial@info2.eaglefinancialpublications.com to your address book or contact list. View this email in your [web browser](. 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