It's here! Enjoy this week's FogCutter...

May 28, 2024 Dear , Welcome to the FogCutter, a weekly treasure wire from Traders Edge Network. Each Monday we come into port, drop anchor and ready the sails! The FogCutter aims to guide you through today's perplexing market action and noise. Check out our view from the Crow's Nest, the quick-glance "Treasure Hunting Climate" and other direct and relevant bulletins for this week.. Chart your course for the coming week with this edition of the FogCutter! Here’s what we got on deck for you today: 💣 Consumer Confidence Bounces Back 💵 💣 T-Mobile's $4.4 Billion Dollar Deal 📱 💣 Video: Master The Money Press Strategy 💰 Markets At A Glance🔎 As of May 28, 2024, 10:15 AM MST Treasure Hunting Climate 📈 We hope you had a great Memorial Day weekend! This week we will get another look at the inflation picture and maybe gain some more clarity on when the Fed could consider cutting rates. Of course, anything related to rate cuts is big news for the markets and will likely have an impact on where we go from here. The indices are trying to close out May with an impressive run and finish near all-time highs. Last week the S&P 500 stalled a bit while the Nasdaq finished slightly higher... both indices completed five straight weeks of gains. Nvidia's big earnings report helped inject a little life into the Nasdaq on Thursday even though the impressive start to the trading day faded as the markets dropped from the highs. This price action/reversal on Thursday makes us think the bulls are losing a little bit of their momentum. We are still riding this bullish trend, but proceeding with some caution here compared to the last few weeks. See you next week! View From The Crow's Nest 👀 Consumer Confidence Bounces Back 💵 Consumer confidence made a surprising comeback in May, breaking a three-month slump. The index hit 102, up from April's 97.5 and surpassing Bloomberg's forecast of 96. The resilient labor market kept spirits high, even though business condition views dipped slightly. According to Conference Board chief economist Dana Peterson, fewer people found jobs "hard to get," lifting the overall mood. [See Full Article]() T-Mobile's $4.4 Billion Dollar Deal 📱 T-Mobile is set to acquire nearly all of United States Cellular's wireless operations, including customers, stores, and 30% of its spectrum assets, in a $4.4 billion deal. This news drops nearly ten months after U.S. Cellular began exploring strategic options. Following the announcement, U.S. Cellular's shares surged over 10% in pre-market trading. [See Full Article]( Mumsy's Meme Of The Week 😂 WOW Insider Receive Preston's Live Trades and More! Gain exclusive benefits as a WOW Insider, including access to LIVE Friday morning webinars, 31+ training videos on Preston's option strategies, a member forum for Q&A, and updated trade journals. [Find Out More]( Free Resource LEARN HOW TO DO IT YOURSELF Head to the TEAM HUB for more options training. Learn the basics of options, how to setup an account, and place your first Money Press trade through the Onramp. [Go to T.E.A.M. Hub]() Upcoming Events 🗓 Small Account Mastery Series ONLY A FEW SPOTS LEFT! How to take a small $10,000 trading account and "snowball it into a 6-figure account that can fund the retirement of your dreams... [Register Now]( Economic Calendar 🌎 Earnings Calendar 💰 Video of the Week 📹 The Money Press is not your typical week-to-week trading approach; it's a longer-term game, spanning 3 to 4 months. Watch this video to learn how to navigate the highs and lows of stock movements and the art of adjusting the short positions by moving them to the next week. [Watch Now](=) I hope you enjoyed this edition of "The Fogcutter". You can expect this in your inbox every Monday moving forward. Have a great week! - Preston [Unsubscribe]( Traders Edge Network 8180 South 700 East Suite 210 Sandy, Utah 84070 United States (801) 733-4190