Sometimes things happen quicker than I anticipate...

[Chris Johnson Penny Hawk Header](   [Can’t Touch This...]( After not touching gold for 12 years, Tom Gentile is making the biggest prediction of his career. [See it here]( - and become a confirmed attendee for his Gold Breakout event.   Sunday, May 07, 2023 Hello – On Monday, I told you I was targeting the $36 level on the SPDR S&P Regional Banking ETF (KRE) on a 2-to-4 month timeline. Well, sometimes things happen quicker than I anticipate. Trading Friday around the $38 level, the KRE went as low as $34 Thursday. And oh, wouldn’t you know it – the thing that pushed it to $34 was a break below that $36 mark. Technicals matter, folks. But so does doing some self appraisal of your investments on a weekly basis to make sure you’re on top of everything you got right and wrong. We’ll dedicate some time on Sundays to do just that as part of the new Penny Hawk format. As it turns out, the KRE was just the tip of the iceberg on a week that saw plenty of similarly prescient analysis. And it’s not accident – or surprise – that the lessons gleaned from the week prior are going to give us a foot up on the week ahead. So I tossed this video together for you so we can cover a few of the lessons learned this week and our plan for tomorrow - check it out below: P.S. On Tuesday, I told you that one of the three things I traded that day was… wait for it… Gold, a.k.a. the SPDR Gold Trust (GLD). It’s one of the few things you should be bullish on in a market that screams bear. But I’m not a gold bug, nor am I a commodity-trading enthusiast. So I can’t go so far as to make the kind of prediction that [you can see right here](. Gold at $5,000 an ounce is a bold statement – and with all of [the research being revealed Thursday at 10 a.m.]( I’ll be interested to see how it’s backed up. I’ll see you there. Chris Johnson By texting INCOME to 21852, you are expressly consenting to be texted about investing news, trade alerts and marketing communications from Money Map Press, LLC about Money Morning's Red Alert text messaging service at the phone number you use, even if the phone number is on a corporate, state or national do not call list. You also consent and unconditionally agree to our [Privacy Policy]( and [Terms of Use]( including the arbitration provision and class action waiver contained therein. Your consent is not required to make a purchase. Msgs may be sent using automated technology. Message frequency varies. Msg&data rates may apply. Text HELP for HELP and Text STOP to STOP. You are receiving this e-mail at {EMAIL}, as part of your subscription to Penny Hawk. 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: [Customer Service Form]( Phone: 888-384-8339 (North America) 443-353-4519 (International) Mail: Penny Hawk | 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. © 2023 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. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: Money Map Press. 1125 N Charles Street, Baltimore, MD 21201. [Website]( [Privacy Policy]( | [Terms & Conditions](