Earnings Ahead

Issue #66

NEWS!

COMMUNITY TELEGRAM GROUPS ⭐️

Telegram OVERHAUL!

We are improving our Telegram chat! We hope the look and layout will be more user-friendly for our community. Drop us some feedback, and let us know how you like it!

We now use guild.xyz to manage Telegram access. We hope this removes some subscribers' headaches when joining chats and ensures that ONLY paid subscribers are permitted entry.

Instructions for setting up your guild account are HERE on our Telegram page.

Please note: If your subscription has expired, renew now to proceed! 

IMPORTANT - It will be important to refresh your guild page periodically to remain in the group! Our team will post when to refresh within the Telegram groups and via the Newsletter! More details below.

We Called It!

  • ZIL ran up from our suggested entry at 0.02191 to a local high at 0.02456 for 12.09% unleveraged profit potential.

  • So far, ONE ran up from our entry at 0.01388 to a local high at 0.01986 for a 43.08% profit potential.

  • Our AMC bids at 4.1 ran up to a local high at 5.05 for a 23.19% profit potential.

Macro Markets

The major market event this week is just FOMC Minutes. While anticipation surrounds the release of the FOMC minutes, it’s widely anticipated that there may not be groundbreaking revelations. The prevailing understanding suggests that the US Federal Reserve is unlikely to implement interest rate cuts in the near future, a stance reaffirmed by Federal Reserve Chairman Jerome Powell earlier this month. Powell emphasized that rate cuts will only be considered once inflation approaches the target of 2%. However, we believe that regardless of that target, we will see a path of 2-3 rate cuts towards year-end as the fed has been giving guidance. This can change if inflation data keeps printing hot and the Fed decides to keep rates higher for longer—more on this in Musing.

Become a member today and read the entire newsletter

Disclaimer  

Wizard of Soho LLC and Weekly Wizdom publish financial information based on research and opinion. We are not investment advisors, and we do not provide personalized, individualized, or tailored investment advice, nor do we provide legal advice or information. The publisher does not guarantee the accuracy of the information provided on this page. All statements and expressions present are based on the author's or paid advertiser's opinion and research. Directly or indirectly, no opinion is an offer or solicitation to buy or sell the securities or financial instruments mentioned. As news is ever-changing, the opinions included should not be taken as specific advice on the merits of any investment decision. Investors should pursue their own investigation and review of publicly available information to make decisions regarding the prospects of any company discussed. Any projections, market outlooks, or estimates herein are forward-looking and inherently unreliable. They are based on assumptions and should not be construed to be indicative of actual events that will occur. Contrarily, other events that were not considered may occur and significantly affect the returns or performance of the securities discussed herein. The information provided is based on matters as they exist on the date of preparation and do not consider future dates. As a result, the publisher undertakes no obligation to correct, update, or revise the material in this document or provide any additional information. The publisher, its affiliates, and clients may currently or foreseeably have long or short positions in the securities of the companies mentioned herein. They may, therefore, profit from fluctuations in the trading price of the securities. There is, however, no guarantee that such persons will maintain these positions. Unauthorized reproduction of this newsletter or its contents by photocopy, facsimile, or any other means is illegal and punishable. Neither the publisher nor its affiliates accept any liability for any direct or consequential loss arising from any use of the information contained herein. By using the website or any affiliated social media account, you consent and agree to this disclaimer and our terms of use.