Elon Musk Issues Warning After Dow Theory Sell Signal: WSH

Back To The Drawing Board Learn From Jason Bond’s $2,000 Account Trading the WALL ST BOOKIE Strategy → Journey Starts October 1, 2022 ← TODAY Is Your Last Day To Grab This HUGE DISCOUNT [LEARN MORE!]( __________________________________ Here’s a look at the “smart-money” movement I’ve been seeing lately, and what I’m looking to do about it in my trading in the week ahead. This week, I’ll be covering: - TTD – From 0.41 To 1.26! - X – From 0.24 To 1.22! - NVDA & TSLA - Testing BIG Support After Dow Theory Sell Signal  Elon Musk Warns: Jerome Siegal Is Right, Fed Is Wrong   [Jay Ca-Pow and his henchmen are at it again!]( I’ve warned you before…the FOMC is notorious for poorly timing their monetary policy moves. In other words, they leave rates low when they should be raising rates and they push rate hikes too hard when they should be easing off the pedal. Right now, with recession likely materializing, they are pushing too hard when the economy is very delicate. And now even Wharton Professor of Finance Jeremy Siegel is calling the Fed out for their aggressive policy, after raising rates another 0.75% last week to the highest level since 2008.   In an interview on CNBC on Friday Siegal said, “The last two years [are] one of the biggest policy mistakes in the 110-year history of the Fed, by staying so easy when everything was booming.” Siegel warned the Fed is close to CRUSHING the economy and those that will suffer the most are the middle class. After Siegel called it “poor monetary policy,” [Elon Musk was quick to comment with a tweet by saying, “Siegel is obviously correct.”]( And right now, it’s all playing out in markets…so much so that yet another Dow Theory bear market signal was given last week. [Stick with me until the end and I’ll show you exactly what this means and how I am playing it!]( Fortunately for YOU, this is all happening as I get ready to reopen registration to my [Terminator Trades service](, just in time to take advantage of the HUGE opportunities I see coming. You may recall that I had to shut registration to this service down for a while. That’s because it was SO SUCCESSFUL that I had to make sure all members are getting the attention they deserve during LIVE trading sessions. Well, after building resources up to where they need to be, I’ll be dialled in on [the opportunities]( this change in interest rates is about to present.   I remind you…YOU DON’T STAND A CHANCE IN THIS MARKET without [tools like mine]( to help guide the way.   Friends, last week’s [LottoX 0-DTE session]( was YET ANOTHER epic session!!!  I mean, there were so many big movers on our ideas list that there’s too many to show here today.  Without further ado, here is just a little taste of what Ethan and I dished up this past week.  Back on 9/22/22 Ethan and I alerted my [LottoX Members]( to: TTD Long Contract: $57 Puts We said, “This is Ethan’s top pick to the downside right now. These are trading around $.41.” And sure enough, the contract saw explosive price movement, with the contract jumping as much as +207% OVERNIGHT! Next there was… X Long Contract: $19.50 Puts We said, “With a break of the previous low on X, Ben thinks it could make an even bigger drop. These are trading around $.24.” BOOM! The contract exploded as much as +408% OVERNIGHT! Now, BOTH of these throwbacks came from Thursday’s LottoX Live session. If you aren’t a member yet, consider saving on a year of access today. CLICK [HERE]( TO [JOIN LottoX](. Okay, that’s enough looking back… Because as much as I hope these helped you find some winning trade ideas, I want to talk about what’s cooking now in the Fat Cat Kitchen… I’m Watching NVDA and TSLA After Last Week’s Bearish Dow Theory Sigal Dow theory, developed by Charles H. Dow in the late 1800s, has 6 major tenets: - The market has three movements - Market trends have three phases - Trends exist until definitive signals prove that they have ended - The stock market discounts all news - Stock market averages must confirm each other - Trends are confirmed by volume Today, I want to focus on points 4, 5, and 6 because they are in full effect right now. To say that the stock market discounts all news (#4) means that the collective wisdom of large amounts of investors that invest in the market cause it to change directions before major economic cycles or long-lasting geopolitical crises change. With that in mind, now that we are several months into the Fed’s aggressive interest rate tightening cycle, it is NOT encouraging to see what I am about to show you. Stock market averages must confirm each other (#5) means that trends are confirmed when the Dow Transports and Dow industrials both make new highs above a preceding cycle/swing high in an uptrend or make new lows below a preceding cycle/swing low in a downtrend. And that’s precisely what we saw last week. And seeing the move confirmed by volume (#6)? Well, that’s telling us that there is currently NO indication that the market has begun to discount any imminent improvement in the economic situation that lies ahead. The good news is that this will start to change at some point in the future. We just have to keep a close eye on things to see when the market is starting to improve in the face of bad news. Unfortunately, we’re not there yet. Don’t forget, we are traders…and we have to play what the market gives us. So for this week, I am watching NVDA and TSLA for indications on how to trade this market. As these charts show, I will either look to enter short-dated Puts below key support or play for a short-term rally if they can close above short-term moving averages. � Now, I’ve already made my members aware of the contracts I’ll be using if NVDA or TSLA break key levels this week. If you don’t want to wait for next week’s “Hustle” to find out how things went, you can [get actionable ideas delivered to you here.]( Let’s have a great rest of the week and until next time! Ben Sturgill [Image] [Facebook]( [Twitter]( [LinkedIn]( RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 [Manage your email subscriptions.](   © Copyright 2022, RagingBull  DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at [(. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. Employees, owners, and other service providers of [RagingBull.com](, LLC are paid in whole or in part by commission based on their sales of Services to subscribers. WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication. Â