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

June 24, 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: 💣 Investors Are All In On AI and Musk 💸 💣 U.S. Proposes Restrictions On AI And Tech Investments In China 🚨 💣 Video: Why The Money Press Works! 🤑 Markets At A Glance🔎 As of June 24, 2024, 10:10 AM MST Treasure Hunting Climate 📈 Welcome to this week's outlook! We saw the markets push to fresh all-time highs once again last week. A little weakness/profit taking came in on Thursday to give the markets a much needed breather. NVDA led the way on Thursday's drop, after a strong open to the day it reversed in a bit of a dramatic way. The weakness could be an early sign of a little exhaustion. Especially after such an impressive move these last two months. The uptrend is still firmly intact and we will remain bullish overall. However we are always looking for signs of a pause/profit taking after a bullish run like we've had since the lows in April. The Federal Reserve's preferred inflation gauge, the PCE report will be released on Friday morning and could be a catalyst for some volatility... so keep an eye on that. Have a great week! View From The Crow's Nest 👀 Investors Are All In On AI and Musk 💸 The stock market rally is still pretty focused, with everyone jumping on anything AI-related. Elon Musk mentioned that Super Micro (SMCI) would provide hardware for his AI startup's supercomputer, and their stock shot up. [See Full Article](=) U.S. Proposes Restrictions On AI And Tech Investments In China 🚨 The US proposed draft rules on Friday to ban or require notification of investments in China's AI and key tech sectors that could threaten national security. The Treasury Department published these rules and exceptions after an executive order by President Biden. [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](=) Economic Calendar 🌎 Earnings Calendar 💰 Video of the Week 📹 Preston explains some of the power behind the Money Press. Watch how being a weekly option seller stacks the math in your favor! [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