Weekend Wrap Up for 06/04/2023

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 06/04/2023 by Jon Johnson Editor, [Investment House Daily]( [Technical Traders Alert]( & [Rapid Profits Stock Trader]( [1pxtrans]( [Join Several Eagle Experts at this Free Virtual Event]( Four Eagle experts - Jim Woods, Jon Johnson, Hugh Grossman and Ahren Stephens - will be speaking at the Annual Summer Market Summit taking place June 5-9. Join them and more than 30 other speakers by [clicking here now!]( 1. Market Summary [Jon Johnson]Big Nasdaq Names Lead the Upside - Stocks rally as new money for a new month hits the market, but pare gains in the last hour ahead of the May Jobs Report - Big Nasdaq names lead the upside as Nasdaq twins, S&P 500 sport strong moves. - Money moves into oil stocks, metals and other forgotten sectors, but this simply suggests new money being put to work and these moves may not show staying power. - The PHLX Semiconductor Sector (SOX) somewhat disappoints, DJ30 shows promise, the small-caps and mid-caps show more of the same as the continue to lag. - Jobs market again shows solid numbers, but wage shrinkage suggests a different story. - Jobs Report Friday speaks directly to the Fed’s next action or inaction. Any questions we had Wednesday night about market participants waiting through the jobs report were somewhat answered Thursday. The big-name Nasdaq stocks broke nicely higher, e.g. Amazon, Meta and Netflix. Some chips moved as well, e.g. NVIDIA (5%), Applied Materials, Inc. and ON Semiconductor Corp. NOTE: The figures and information above are from the 6/1 report. [Video #1]( [Video #2]( NOTE: The videos are from the 5/31 report. P.S. Come join me, some of my Eagle colleagues, and more than 30 other speakers at the Annual Summer Market Summit. This virtual event is from June 5 through June 8. [Click here now]( to sign up for this free, virtual event! See you there! P.P.S. Come join me and my Eagle colleagues on an incredible cruise! We set sail on Dec. 4 for 16 days, embarking on a memorable journey that combines fascinating history, vibrant culture and picturesque scenery. Enjoy seminars on the days we are cruising from one destination to another, as well as dinners with members of the Eagle team. Just some of the places we’ll visit are Mexico, Belize, Panama, Ecuador and more! [Click here]( now for all the details. [Bear Market? No Problem. Here’s How to Thrive Regardless]( The market’s been tumbling all year long, yet I’m still routinely locking in profitable trades. It all has to do with two powerful indicators that allow me to track the flow of money within the stock market. In fact, I’ve used these two indicators to stack cash in every bear market I’ve ever faced - and they’ve never failed me. [Click here for more information.]( 2. Targets Hit Investment House Daily: As the tech rally continued to its sixth week we were banking gains in some of the big names, as well as some of the hot categories. We banked some gains in several positions: Amazon.com, Inc. (NASDAQ: AMZN): 45% gain in the options Microsoft Corp. (NASDAQ: MSFT): 69% gain in the options Palantir Technologies Inc. (NYSE: PLTR): 284% gain in the options [Receive a risk-free trial to Investment House Daily and save 50% by clicking here now!]( Technical Trader: The market continued its move in three directions: big tech and AI up, most stocks flat, metals lower. We were taking gains in all directions. C3.ai Inc. (NYSE: AI): 370% gain in the call options Etsy Inc. (NASDAQ: ETSY): 97% gain in the put options Meta Platforms Inc. (NASDAQ: META): 104% gain in the call options Nucor Corporation (NYSE: NUE): 32% gain in the put options [Receive a risk-free trial to Technical Trader and save 50% by clicking here now!]( Rapid Profits Stock Trader: The AI boon continued to pay off as well as the steady performances of the biotech/drugs and software sectors. We banked some nice gain on the week in all three. C3.ai Inc. (NYSE: AI): 56% gain in the stock Geron Corp. (NASDAQ: GERN): 9.5% gain in the stock ZoomInfo Technologies Inc. (NASDAQ: ZI): 7.7% gain in the stock Now is a good time to become a member of Rapid Profits Stock Trader. The system is geared towards bringing you consistent, short-term gains of 5-10% and you can expect four to six trades every month. [To receive a risk-free trial and save 50%, click here now!]( [What To Do With Your Trades Now]( Would you rather read the news, or get a jump start on the markets by predicting trends up to 72 hours ahead with up to 87.4% proven accuracy? The future is here, and it wants a piece. [Join the Training on A.I. 101 Live Session for Free.]( 3. Covered Call Options Play Allegro Microsystems Inc. (NASDAQ: ALGM) -- Allegro Microsystems Inc. is currently trading at $39.49. The July 21 $40 calls (ALGM20230721C00040000) are currently trading at $2.20. That provides a return of about 8% if ALGM is above $40 by the expiration. [Learn more about our Covered Call Tables here!]( About Investment House: [Investment House]( Since 1999! 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