Money Morning LIVE Starts Now! TSLA, BBBY, AMZN, AMC, AAPL, NVDA, RBLX [Image]( [ARCHIVES]( LIVE]( [Twitter]( [Youtube]( [Instagram]( [Tiktok]( [Discord]( [LinkedIn]( January 19, 2023 Dear Reader Good Morning, Momentum Is Green. Momentum is still positive, but the reversal off the 200-day moving average was the sharpest since the August 15 push off near-term highs. Weâve started earnings season with a big splash of cold water⦠harsh reality⦠the hair of the dog⦠whatever metaphor you can forage from your bookshelf. JPMorgan Chase and Bank of America warned a recession is inevitable. Our economic data complemented those warnings. The retail sales numbers were bad in December. Industrial production is plunging right now. I just donât see how this market remains elevated, and Iâve started to poke around on the short side with trade around Plug Power (PLUG) - one of the worst negative momentum stocks of the last 12 months. (Try Flashpoint Trader for a Month). The technical lines indicate that the markets are poised for another leg down, built mainly on an expected contraction in earnings. Weâll follow momentum (And our early test⦠says itâs time to short). Iâll go into further detail on the Morning Show starting at 8:30 AM et on Money Morning LIVE. Weâll also be looking at earnings releases from Alcoa (AA) to Procter & Gamble (PG), along with YOUR charts by request with Olivia Voz. Itâs Thursday, so weâll have Bobby Eight joining us, and word on the street is heâs been trading the Egg Shortage as only he can. Plus, special guest Brien Lundin joins the show for a golden Trade the Open. So get ready to learn from a leading expert how to make money from the trend in gold right now. We Love Goooooold! See you in the chat. Here to Join Me for Money Morning LIVE]( See you soon, [Garrett {NAME}]( Did you miss the show? No worries, weâve got you covered. [Your VIP PASS to Tom Gentileâs Darknet Trader Challenge!]( Legendary trader Richard Dennis took a handful of novices and taught them how to trade. In just 5 years, these beginners made $175 million between them. Tom Gentile wants to do the same! In fact, heâs ready to take you under his wing, and teach you the secrets of millionaire-traders! [Go here now to claim your VIP pass!]( REPORTS [Welcome to Momentum]( [Trading Momentum]( [Trading Fundamentals]( [Trading the Fed]( [Trading Insiders]( [Watch the Show!]( WATCH REPLAYS [Six Words to Live By]( Never hold a trade through an earnings report. Mark Sebastian is a volatility trading expert â and he has one very important earnings rule: Trade to it, not through it. [More here]( [Sneak A Peak Inside Flashpoint Trader]( 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]( Please do not reply to this email as this address is not monitored. To cancel, or for any other questions or requests, please contact our Customer Service team:
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