TAP, GIS, TH, SIGA, and Your Momentum Reading

[Midday Momentum] Thursday, July 14, 2022 [The Fight Begins: The One Decision That Will Seal Your Fate]( On Thursday, July 14, at 8 p.m. (ET), Nick Black - professional fighter and crypto expert - is telling you to get off the fence. While everyone is naysaying crypto, Nick has seen up to $780,000 per day. He wants to bring you along for the ride... but he needs to know, are you all-in?[RSVP here](. --------------------------------------------------------------- TAP, GIS, TH, SIGA, and Your Momentum Reading By Garrett {NAME} Good morning, We're "officially" kicking off earnings season today as we digest the numbers from JPMorgan Chase (JPM) and Morgan Stanley (MS). But that's not the only big news of the day. I've known AXS Investments for a while. They're a great team, and they're creating great products for traders and investors. They're the company that bought Tuttle Innovation Fund (SARK) - which provides inverse returns of Cathie Wood's ARK Innovation Fund (ARKK). It ALSO runs an ETF called the AXS 2X Innovation ETF (TARK), which provides 2x returns on Cathie Wood's funds. Well, they're at it again. Innovation in the ETF space should be exciting for investors and traders alike. I'm pumped because I can use these ETFs for momentum trades. Check this out. These are leveraged ETFs around single stocks. They're the first of their kind. Instead of buying puts on a stock, you can purchase a leveraged bearish ETF on an individual stock. It's innovative in that you don't need to pay a steep premium in times of higher volatility - and you don't have to pay the borrowing cost when shorting over a longer duration. Instead, you'll pay a ratio to the ETF operator. The roster includes: - A daily bear and daily bear ETF for Tesla (TSLQ/TSLU) - A 1.25x levered daily bear and 1.25x daily bull ETF for Nvidia (NVDS/NVDB) - A 2x levered daily bear and 2x daily bull ETF for Conoco Phillips (COPQ/COPL) - A 1.25x levered daily bear and 1.25x daily bull ETF for Boeing (BAS/BAT) - A 1.5x levered daily bear and 1.5x daily bull ETF for PayPal (PYPS/PYPT) - A 1.25x levered daily bear and 1.25x daily bull ETF for Wells Fargo (WFCS/WFCT) - A 2x levered daily bear and 2x daily bull ETF for Pfizer (PFES/PFEL) - A 1.5x levered daily bear and 1.25x daily bull ETF for SalesForce.com (CRMS/CRML) - A 2x levered daily bear and 2x daily bull ETF for Nike (NKEQ/NKEL) I'll be on [Midday Momentum]( to explain how they work later today. These are great trades for you and Kenny to use with the VWAP during earnings reports. And in the [World's Biggest Trade]( we'll discuss the advanced ways to trade these when the time comes. This is going to be incredible. Buckle up! [S&P 500 Momentum: Red Broad Market Momentum: Red]( Momentum remains red heading into Thursday. Today, I'm keeping a close eye on Molson Coors (TAP), General Mills (GIS), Target Hospitality (TH), and SIGA Technologies (SIGA). All four of these stocks were among the 11 that just hit 52-week highs on Wednesday. They're doing SOMETHING right, even in this environment. So I'm watching momentum readings - the RSI, MFI, and MACD - [for clues on how to trade them](. Chart of the Day: Spurious Correlations As a mathematician by trade, I am always taught to look for correlations. For example, there has been a direct correlation between the Federal Reserve's balance sheet since 2009 and the rally in the S&P 500 through 2000... This means that for every dollar the Fed's balance sheet increased, there would be a statistically significant increase in the index. That makes sense, right? But please be aware that not all correlations are pure. Sometimes, data aligns for entirely random reasons. In the case of the chart below, the divorce rate in Maine from 2000 to 2009 had a 99.26% correlation to the nation's per-capita consumption of margarine. That said, one of these things does not cause the other... Fewer people did not get divorced in Maine because Americans cut back on margarine consumption... I hope. Thursday's Schedule - OPEC posts its monthly oil report. The cartel's secretary general passed away last week. His final warning for members was that the world is facing a massive credit crunch in the energy space. The West can't stop messing this up, which is why $150 per barrel is back on the table when the dust settles from a recession and negative momentum. - The more important inflation number arrives in the Producer Price Index (PPI). Supply chain inflation is expected to hit 0.8% month over month. I'll take the over. - Look for earnings reports from JPMorgan (JPM), Taiwan Semiconductor (TSM), Morgan Stanley (MS), and Conagra Brands (CAG). Every day I talk to people like myself, who wake up with one goal on their mind. To actively protect their wealth. We've worked hard for our money, and it's not easy to sit by and watch it erode thanks to poor policy decisions coming out of Washington. If you are sick and tired of looking at the sea of red in your portfolio and feeling helpless, the [World's Biggest Trade]( might be the answer to your problem. You can expect to have my best data delivered to your inbox first, including a pre-market report that includes my 11-sector momentum indicator and any interesting insider activity that warrants attention. The [World's Biggest Trade]( also boasts the best [trading community]( around, where you can get your questions answered around the clock. I would not suggest trading alone in this market. We've found the best approach to trading in these conditions is as a collective. So become a [globetrotter]( today and become a part of my inner circle. I'll see you for Midday Momentum at 12:30pm ET Until then, Garrett {NAME} You are receiving this e-mail at {EMAIL}, as part of your subscription to Midday Momentum. To remove your email from this list: [unsubscribe here](. To cancel, or for any other questions or requests, please contact our Customer Service team: [Online]( Phone: 888-384-8339 (North America) 443-353-4519 (International) Mail: Midday Momentum | Attn: Member Services | 1125 N Charles Street | Baltimore, MD 21201 Fax: 410-622-3050 Our Customer Service team is available Monday ‑ Friday between 9:00 AM and 5:00 PM ET. © 2022 Money Map Press. All Rights Reserved. Nothing in this email should be considered personalized financial advice. 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 financial advice. 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