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

September 30, 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: 💣 New Inflation Data Signals Fall Rate Cuts of 25 Basis Points 😎 💣 Judge Narrows Privacy Lawsuit Against Apple Over Data Collection 📱 💣 Video: How To Create And Roll A Money Press 💸 Markets At A Glance🔎 As of September 30, 2024, 12:00 PM MST Treasure Hunting Climate 📈 The market had another positive week as the S&P 500 inched up to new all-time highs yet again. The Nasdaq continues to lag behind the S&P 500 and the Dow Jones, but the tech-heavy index has cleared the August high/resistance level, indicating a technical uptrend as well. The bullish sentiment continues to grow across the markets even with technical indicators showing we are in a "short-term overbought range" here. This week will kick off the new quarter and eyes will be on Friday morning's job report. The jobs report/labor market seems to be influencing future rate decisions. Friday's report will be watched closely and will most likely impact the markets. On a macro level, October has historically been a weaker month, but has also been known to be the "bear killer month". (meaning it has ended market drops and/or bear markets and leads turnarounds) Since 1950, in election years, October has also been the worst performing month on the calendar... just some food for thought on how the upcoming election could impact the markets. See you next week! View From The Crow's Nest 👀 New Inflation Data Signals Fall Rate Cuts of 25 Basis Points 😎 Friday's inflation data keeps the Federal Reserve on track for 25 basis point rate cuts this fall. The core PCE index rose to 2.7% in August, slightly up from 2.6% in July, still above the Fed’s 2% target. [See Full Article]() Judge Narrows Privacy Lawsuit Against Apple Over Data Collection 📱 A federal judge narrowed a lawsuit against Apple, dismissing most claims related to the "Allow Apps to Request to Track" setting. However, some claims over the "Share [Device] Analytics" setting will proceed. [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]( The Pirate's Ultimate Retreat Join via livestream! Join us for 2 days of live trading, strategies, and expert insights! Discover my top strategy for 2024, join exclusive live trading sessions, and learn from our all-star panel of mentors. [Learn More](=) Economic Calendar 🌎 Earnings Calendar 💰 Video of the Week 📹 Watch Preston enter a new Money Press trade on FSLR! Learn how to roll your weekly put option and how to adjust your Money Press trades to make the most profit! [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 & Crew PS> If you're ever in town, make some time to swing by the Land Office to say Hello.. and we'll show you around! [Unsubscribe]( Traders Edge Network 8180 South 700 East Suite 210 Sandy, Utah 84070 United States (801) 733-4190