Weekend Wrap Up for 08/06/2023

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 08/06/2023 by Jon Johnson Editor, [Investment House Daily]( [Technical Traders Alert]( & [Rapid Profits Stock Trader]( [1pxtrans]( Sponsored Content [Oil = Monthly Income]( There's an unusual $25 way to collect MONTHLY income from the oil markets. [Get the details here.]( 1. Market Summary [Jon Johnson] - Downside pressure continues post-downgrade as data add to unease. - As with the last debt downgrade, stocks show resilience after less than two sessions - Bonds sell, yields rally, oil spikes, more Fed emergency borrowing, and then the Bank of Japan makes an "unscheduled" bond purchase -- Japan again starting the central bank buying as it did on July 27? - Data add to investor worries, as labor stats remain strong as the market awaits the July jobs report. - All indices hold a support level on the Thursday selling, but it is now about the Friday jobs report. - Even if the data spook stocks, we anticipate central banks again buying bonds if the United States 10-year yield tops 4.2% - 4.3%. - Apple revenues miss for a third quarter while Amazon web services rebound sharply: a split in the big names at a critical time in the earnings season. - Already some areas are showing nice consolidation patterns and indeed started higher in a down tape. Bonds sell, yields rally, oil resumes the rally (Saudi extends, will "deepen" production cuts), credit card and overall consumer debt hit all-time highs, the Fed Bank Term Funding Program (BTFP) emergency facility hits another all-time high, freight volume fell in Q2, the most since the pandemic’s start. As you would expect, stocks fell, but ... they rebounded. Indeed, after a low roughly an hour into trade stocks bounced and rallied to midday. They could not hold the move, fading in the afternoon session, but they closed well off the session lows with modest losses for most, while the DJ20 transports scratched out a very modest gain. NOTE: The figures and information above are from the 8/3 report. MARKET VIDEOS [To watch it, click here!]( NOTE: The video is from the 8/2 report. 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 Technical Trader: The market has put in a good run, and with the help of a volatile bond market, has shown some volatility as well. Volatility is a sign a move is approaching its end, but on the flip side, the moves do become exaggerated and you can bank some excellent profits on the moves. That volatility again provided us with great opportunities to profit from a wide range of sectors. Below are some gains we banked this week: Adobe Inc. (NASDAQ: ADBE): 118% gain in the options Emerson Electric Co. (NYSE: EMR): 80% gain in the options Tempur Sealy International Inc. (NYSE: TPX): 30% gain in the options. [Receive a risk-free trial to Technical Trader and save 50% by clicking here now!]( [A.I. Is Reshaping Investing: Are You Prepared?]( Traditional investing is out the window – A.I. investing has arrived. This dual-patented generative A.I. can predict market trends 1–3 days in advance. [Join this FREE online A.I. training class to learn more>>Â]( 3. Covered Call Options Play Amphastar Pharmaceuticals Inc. (NASDAQ: AMPH) -- Amphastar Pharmaceuticals Inc. is currently trading at $63.08. The Aug. 18 $65 calls (AMPH20230818C00065000) are currently trading at $2.80. That provides a return of about 9% if AMPH is above $65 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](. This email was sent to {EMAIL} because you are subscribed to Investment House Weekend Wrap Up. To unsubscribe please click [here](. If you have questions, please send them to [Customer Service](mailto:customerservice@eaglefinancialpublications.com). Legal Disclaimer: Any and all communications from Eagle Products, LLC. employees should not be considered advice on finances. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized advice on finances. Eagle Financial Publications - Eagle Products, LLC. - a Salem Communications Holding Company 122 C Street NW, Suite 515 | Washington, D.C. 20001 [Link](