The Boom or Bust catalyst everybody is ignoring

[Chris Johnson Penny Hawk Header](     Wednesday, July 05, 2023 Hello – Good evening, CJ here. You know every time we have a nice long weekend like we just finished, the first day back always feels like a break from being on break - it’s almost more refreshing to get back to work than it is to leave. But as I was scanning the market over the weekend - mustard stains from the cook out still on my shirt - I just couldent be any happier, because the data is finally matching the market. Hell, even Voz said on Trade the Close today that she didn’t want to hear about any short positions because the market is rallying and it dosn’t seem to be changing any time soon. I’ve actually been trying to find a way to justify a short position (not that I want to be short, but the cracks in the foundation are where we can find some cash) and NOTHING is standing out as a reason to go short - except a few individual companies of course. Seasonality is saving the day, the Market Breadth (SPXA50R) is pushing the upper limits, and economic data is all lining up to let this rally broaden it’s horizons and continue to push higher in the coming weeks. I’m going to get working on giving you a TON more detail on the expansion of the rally including all of the data to back it up - I’ll have that to you tomorrow. But first, there’s a “ Boom or Bust” level catalyst coming up that for some reason, nobody is talking about - earnings season. The start of a new earnings season can be a massive driver in the market, or, it could cause panic and a catastrophic-adjacent downward spiral - ether way we’re going to profit… So today, to get this short - thinly traded - holiday week going, here are my top five companies to watch this earnings season: This list represents some of the earlier reporters and a cross-section of the economy that will start to shine a light on the health of the market early in the earnings season. I will be watching them closely and it would behoove you to do the same... Until tomorrow, 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 allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before our subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after on-line publication prior to following an initial recommendation. 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](