The Pirate's First Digital Weekly Buried Treasure Bulletin

January 8, 2024 Dear , Welcome to our first ever digital newsletter. Your one stop shop for all things finance. Picture our newsletters as the GPS for your investment journey – direct, efficient, and available in your inbox every week. Here’s what we got on deck for you today: 💣 Recent Money Press Trade 💣 Crypto Investors Await SEC Decision on Bitcoin ETFs 💣 Mike’s Indices Outlook Quick Glance 🔎 As of January 8, 2024, 12:32 PM MST Recent Money Press Trade 💸 [This trade was placed on January 5, 2024] Ticker: SNOW Strategy: Money Press Here are the details: With the market softening again, I've had my eyes on SNOW all day for a new Money Press trade.. I'm right here, I'm pulling the trigger, here's what I'm doing with SNOW near the $189 area: Selling next week's $192.50 puts, and Buying the March $180 puts for the protection. Want more trades like this? Receive Preston’s Live trade Updates - As they happen 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. [Learn More]( Crypto Investors Await SEC Decision on Bitcoin ETF's 💸 Decoding the SEC Saga 🚀📈: - ETF Excitement: Crypto investors eagerly await SEC's green light for a spot bitcoin ETF, a decade after initial rejections. The clock is ticking with a Jan. 10 deadline for the Ark/21Shares Bitcoin Trust. - Fees Structure: In the 13-company showdown, fee structures steal the spotlight. Fidelity's Wise Origin charges 0.39%, Invesco's Galaxy offers a 6-month fee waiver, while Ark/21Shares and Valkyrie go bold with 80 basis points. - Regulatory Roulette: The regulatory landscape is murkier than ever. SEC Chair Gary Gensler's long-standing tussle with the crypto realm adds suspense. The big question: who's steering the regulatory ship in the crypto sea? - Coinbase & Binance Drama: The SEC's legal arsenal targets Coinbase's alleged rule breaches, raising questions about crypto assets as securities. Meanwhile, Binance and it’s founder Changpeng Zhao face a saga of deception allegations. In November, Zhao plead guilty to money laundering, coughing up a $50 million fine and stepping down as CEO. [See Full Article](=) Indices Outlook 👀📈 This week will be a decisive and telling week for the markets. Since the S&P 500 put in the bottom of 4,103 on 10/27, it made an impressive rally up to the 4,793 high on 12/28. (Almost a 17% increase!!) This type of explosive move higher almost always leads to some profit taking, which we saw last week. The selling/drop last week was controlled, on lighter volume, and was looking like a textbook "pull back" that could set up for the market to make its next push higher. The S&P 500 and Nasdaq are starting the week with the bull horns showing and an impressive bounce today. (The Dow isn't participating mainly due to Boeing, which makes up 4.3% of the DJIA, and it being down around 7% as I'm writing this) Since early November, we've been building more and more of a bullish outlook. We will be watching closely to see if the market can continue to push higher, break the resistance levels of 12/28, and push further to set new highs. Or, we could see this buying flame out and recognize the need for a deeper pullback. This week should give us the answer to that question as we come into the start of Earnings Season. See you next week! Mike Curtis Want more market insights? Join our Mastermind Group Get exclusive access to weekly webinars with Mike Curtis (a.k.a. “Right-hand Mike” or Mentor Mike) and other guest Mastermind contributors! Training videos and fresh ideas fill the membership site along with our MMP Forum to chat with others in the group, Lee, and our staff! [Learn More]() Mumsy's Meme of the Week 😂 Coming Up Master Income Trader Learn how I turned $150K into $1.1 million and became a millionaire trader. 8 Elite Interactive, Training Sessions w/ Preston James! (+ 1 "Bonus" Session) - Webinar Replays! [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]( Treasure Trove Tidbits: Top headlines in a glance 💰 [Tesla (TSLA) initiates a massive recall of over 1.6 million Models S, X, 3, and Y EVs in China due to Autopilot issues.]() Analysts discuss the potential impact on Tesla's market position in China, particularly amidst recent news of BYD surpassing Tesla as the most sold EV globally. [The December jobs report reveals a surprising addition of 216,000 payroll positions, exceeding the 164,000 forecast.](=) Markets react with initial hopes for a Federal Reserve rate cut, with odds fluctuating between 60% and 66% following the report. [Apple shares dip by less than 1% following reports of an impending antitrust lawsuit by the U.S. Department of Justice.](=) Potential targets include Apple Watch's exclusive integration with iPhones, iMessage's availability solely on Apple devices, and scrutiny on Apple Pay. [In 2023, Magnificent Seven stocks, including NVDA, MSFT, AAPL, AMZN, GOOGL, META, and TSLA,]( witness significant gains as generative artificial intelligence (AI) becomes a game-changer in the tech industry. The rise of generative AI in November 2022 propelled these stocks, turning AI into a major technological trend, particularly with the launch of ChatGPT. GET YOUR COPY TODAY! Is an extra $3-5k per month keeping YOU from being able to retire right now? If so, you need to see this... [DOWNLOAD PDF]( U.S. Economic Calendar 🗓 Where did the name Fog Cutter come from? It actually came from a famous “Tiki” cocktail creation from Trader Vic! But it’s the imagery I love. Back in pirate days, a ship struggling along in the fog - finally to see it break, hoisting up an additional sail, having a crystal clear view. . and the confidence again restored to an entire crew! Earnings Calendar 🗓 Video of the Week 📹 Dive into the world of options with Preston and master the 'Money Press' technique.Watch as Preston applies this strategy to $BA for a firsthand look at the Money Press in action! [Watch Now]( Pirate's 2024 Best Recipes 👨‍🍳 Traders, let's blend strategy and sustenance. Discover a seasonal recipe designed to fuel your trading days. Because let's be real, the market's wild, but your dinner doesn't have to be! Pirate's Shepherd Pie The Filling: 2 Tbsp Olive Oil 1.5 to 2 lbs grass-fed ground beef 2 medium carrots (grated) 1 large white onion (grated or finely diced) 2 stalks celery (finely diced) 8 oz baby bella or white button mushrooms (finely diced) 4 cloves garlic, peeled and minced 1/2 bag frozen peas Fresh rosemary (several sprigs) Fresh thyme (several sprigs) Add more herbs from the garden! Kosher or sea salt Freshly cracked black pepper Worcestershire sauce (several splashes) Tomato Puree or paste (small can) Red wine (Pinot Noir or Chianti, several glugs) 1/2 cup chicken stock The Mash: 1 1/2 lbs golden potatoes 1/4 cup heavy cream 3 1/2 Tbs unsalted butter Salt Pepper 2 egg yolks 1/4 cup Parmesan cheese (minimum) Directions: Dice the garlic. Separate your herbs from the stems. Separate the egg yolks. Peel and slice your potatoes into even pieces. Open your wine if it's not already. Open your can of tomato paste. Cooking the potatoes: Boil some water, add in salt, set a timer for 15 minutes. Start on your filling. When the timer goes off, take your potatoes out and strain the water. Put potatoes back into the pan, or into a medium mixing bowl. Mash the potatoes with their ingredients from above and keep warm (your filling should be done by this point). Cooking the filling: Pour olive oil into a hot, rather large pan, then add meat. Stir meat as if your life depends on it for a few minutes so it's nice and brown, broken into very small pieces. Add your rosemary, thyme, garlic, then stir some more. Quickly add your carrot, onion, celery, mushrooms and frozen peas, stir a little longer. The idea at this point is to get everything to a minced consistency. Add worcestershire sauce, stir, add tomato puree, stir, add red wine and sweat down for a minute or two. Add chicken stock and cook for 3 more minutes. Final instructions: Scoop your meat mixture into a deep casserole or other oven safe dish (I use a round, thick ceramic dish), and then spoon the mash over the top. Spread the mash over the top of the mix with the bottom of the spoon and then sprinkle a generous portion of Parmesan cheese over the top. Poke the top with a fork several times to give it a peaked look and stick it in the oven at 400 degrees for 18-20 minutes to brown the potatoes and set the pie. Serve it up and watch people freak! I hope you enjoyed this first 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