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 12/17/2023 by Jon Johnson
Editor, [Investment House Daily]( [Technical Traders Alert]( & [Rapid Profits Stock Trader](
[1pxtrans]( Sponsored Content [New Tech Tidal Wave Kickstarts $7 Trillion Boom]( MSFT's CEO says AI is a "tidal wave" with more potential than the internet. Wall Street insider names #1 stock to buy (not MSFT). [Learn more here.]( 1. Market Summary [Jon Johnson]
- Stocks up again, though large cap techs left behind.
- Stocks riding Chairman Powellâs 180, but you have to ask: why did Chairman Powell completely flip in just two weeks?
- Bank stocks surge as yields fall, stocks rally. Their low-interest-rate investments enjoy lower interest rates while the banks make money in the stock market using the Fedâs excess reserves and emergency facility.
- Strong volume drives 400+ NASDAQ new highs.
- Retail sales seen as strong on their own, yet retail stocks fall.
- Big moves for six sessions, December expiration, profit taking likely.
Another gallop upside as the stocks continued the rally triggered by pandering Chairman Powell pathetically placating a publicly pissed president pounded in the polls. Small-caps, mid-caps, semiconductors, transports, commodities surged again after Chairman Powellâs two-week turn from Dec. 1 to Dec. 13. To wit, with weaker data, Chairman Powell stood firm as to the Fedâs position of not backing off its inflation fight until it was sure no chance of re-ignition exited. Then, on Dec. 13, after stronger data from jobs, unemployment, wages, Michigan sentiment, Institute of Supply Management Services and regional Purchasing Managers Indexes coupled with hotter Consumer Price Index (CPI) data, Chairman Powell pulled a Rose Rosana Danna with a "never mind," pulling interest rate cuts forward and saying the Fed was discussing that day when it should "dial back" on its tighter policy. Chairman Powell had nary a hawkish utterance. Indeed, after Biden publicly scolded the Fed, Powell completely changed. You can argue what happened, but in data terms it makes no sense. In political terms it makes nothing but sense. As the Frenchman in "The Matrix Reloaded" would say, "cause and effect." NOTE: The figures and facts above are from the 12/14 report. MARKET VIDEOS [Click here to watch!]( NOTE: The videos are from the 12/13 report. [If You 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 you 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 you can start taking advantage of this technique alongside me. [Click this link to view the presentation.]( 2. Targets Hit Investment House Daily: We were picking up positions when things were still problematic with much negative talk about buybacks ending and nothing left to drive stocks. Well, as we discussed, there were massive short positions as well, and all it would take was a trigger to continue the Q4 rally. The market got that trigger in the form of some favorable data, and then the Powell punt. We took some nice gains on the week. Arm Holdings PLC - ADR (NASDAQ: ARM): 41.57% gain in the options Bank of America Corp. (NYSE: BAC): 73.9% gain in the options Big Lots Inc. (NYSE: BIG): 20.17% gain in the stock, 36.59% gain in the options DoorDash Inc. (NASDAQ: DASH): 101% gain in the options Freeport-McMoRan Inc. (NYSE: FCX): 85% gain in the options Louisiana-Pacific Corp. (NYSE: LPX): 90% gain in the options Marathon Digital Holdings Inc. (NASDAQ: MARA): 26.6% gain in the stock, 86% gain in the options Microchip Technology Inc. (NASDAQ: MCHP): 90.9% gain in the options Photronics, Inc. (NASDAQ: PLAB): 32% gain in the stock, 285% gain in the options Riot Platforms Inc. (NASDAQ: RIOT): 19% gain in the stock, 48.59% gain in the options Snap Inc. (NYSE: SNAP): 34.6% gain in the stock, 212% gain in the options [Receive a risk-free trial to Investment House Daily and save 50% by clicking here now!]( Technical Trader: We have enjoyed a stellar Q4 thanks to looking at the patterns and setups and positioning ourselves for that rally. It was fairly amazing that the setup for a typical Q4 rally was in place, yet the negativity about if that would occur was quite high. That is a great combination: solid patterns, a favorable seasonal setup and negativity that it wonât happen. It did. These are some of the gains we banked this past week. Gatos Silver Inc. (NYSE: GATO): 69% gain in the options Global Payments Inc. (NYSE: GPN): 101% gain in the options Illinois Tool Works Inc. (NYSE: ITW): 51% gain in the options NXP Semiconductors NV (NASDAQ: NXPI): 101% gain in the options Quanta Services Inc. (NYSE: PWR): 153% gain in the options Ralph Lauren Corp. (NYSE: RL): 133% gain in the options Uranium Energy Corp. (NYSEAMERICAN: UEC): 29.6% gain in the options Zscaler Inc. (NASDAQ: ZS): 34.7% gain in the options [Receive a risk-free trial to Technical Trader and save 50% by clicking here now!]( Rapid Profits Stock Trader: Materials, minerals. Precious metals, tech, biotech and more â so many areas started to pop when the small caps started to move here in December. The economic data was a bit better and the market sensed the Fed was close to changing its rhetoric. It all fell into place and we continued banking gain here in the year end rally. Some of the nice gain we took this past week: Coeur Mining Inc. (NYSE: CDE): 14.33% gain in the stock Cemex SAB de CV ADR (NYSE: CX): 10.5% gain in the stock Fate Therapeutics Inc (NASDAQ: FATE): 11.5% gain in the stock Opendoor Technologies Inc. (NASDAQ: OPEN): 14.43% gain in the stock Photronics, Inc. (NASDAQ: PLAB): 18% gain in the stock Uranium Energy Corp. (NYSEAMERICAN: UEC): 16.16% gain in the stock [Receive a risk-free trial to Rapid Profits Stock Trader and save 50% by clicking here now!]( [3 A.I. Stock Picks (On Us)]( Itâs time to instantly scan, pick the best stocks, and identify trend reversals in as little as 15 minutes with up to 87.4% proven accuracy. [Click here]( now to join and get access. 3. Covered Call Options Play Dorian Lpg Ltd. (NYSE: LPG) -- Dorian Lpg Ltd. is currently trading at $37.55. The Jan. 19 $45 calls (LPG20240119C00040000) are currently trading at $1.45. That provides a return of about 11% if LPG 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]( About Us:
Eagle Financial Publications is located in Washington, D.C. – only a few blocks from the Capitol. Our products have been helping investors build their wealth for several decades. Whether you’re a long-term investor or short-term trader, you’ll find the right strategy for you, including how to earn more steady income to spend now, preserve and grow your capital to enjoy later, and whatever other investment goals you have. Visit Our Websites:
- [StockInvestor.com](
- [DividendInvestor.com](
- [DayTradeSPY.com](
- [CoveredCall](
- [MarkSkousen.com](
- [GilderReport.com](
- [BryanPerryInvesting.com](
- [JimWoodsInvesting.com](
- [InvestmentHouse.com](
- [RetirementWatch.com](
- [SeniorResource.com](
- [GenerationalWealthStrategies.com](
- [[YouTube] Visit our YouTube Channel - Eagle Investing Network]( 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 Dividend Investor Daily. 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](