CLICK HERE TO SEE THE STOCKTIPS RECORD

WE’RE ON YOUTUBE NOW! See HERE, HERE, & HERE (Yeah … I’m REALLY excited about this).

Follow on Twitter

YouTube

Before you Trade Today: Know the Economic Calendar! Also See This Weeks Most Anticipated Earnings (Note: Red Indicates an Earnings Loss [Not Miss] Consensus), & Yesterdays Insider Buys.

INSIDER BUYS

TODAYS COMMENTARY Get a Cup of Coffee & Enjoy Catching Up! If you aren’t reading this daily you are missing out on a wealth of information that could prevent unforced & unnecessary trading errors.

BUY LIST UPDATE: My first official BUY LIST options strategy was added to the buy list yesterday (as indicated in the paid subscriber section yesterday). It is NOT an all or nothing risky WallStreetBets type strategy. That’s not what I do here. This strategy guarantees a 3.7% return in 45 days UNLESS the price drops a whopping 24%. Rolling your eyes at 3.27% in 45 days? That’s 26-28% annually folks. Do you think you’re going to get that in this bear market? Its a tortoise & the hare strategy which adheres to the the first rule of investing (Don’t lose money), while guaranteeing a small return. No its not the 10% monthly returns I was scoring between the latter half of 2020 to late 2021, but its better than what the overall market can produce right now. Unfortunately the price has damped & its no longer a viable strategy for a 3.27% return were your to enter today. But for those who read this yesterday it SHOULD be smooth sailing for 3.27%.

ADMINISTRATIVE NOTE: SUBSTACK HAS AN APP NOW! Which is good because yesterday no one received my newsletter because substack once again failed us. With the app you shouldn’t have this issue.

	Read StockTips Newsletter in the new Substack app
	Now available for iOS
Get the app

TRADING TODAY: FOMC Minutes (Where we get to read the transcript from the last Fed meeting) will be reported today at 1400 ET. This is, in my assessment, why the market dumped yesterday. No one wants to buy in at any significant degree with such a monumental release … with no doubt hawkish words.

Moreover we have inflation data for March coming up on Tuesday the 12th. That’s 4 trading days away … including today. Who the hell is going to buy in this market prior to the release of inflation numbers? Not me! Sure, I will add safe options strategies. But I’m not adding naked stocks without some way to hedge! Previous inflation from February was 7.9%, forecasted for March is 8.2%, & analyst consensus for March is 8.3%. I think the 8.2-8.3% numbers are low! It would not surprise me if March inflation comes in at 8.4-8.6%.

YESTERDAY: The ISM Non-Manufacturing PMI was released yesterday. The balance of trade was released also. Links provided for further analysis because explaining this would take more space than allocated on substack.

CONGRADULATIONS ARE IN ORDER: A few of my trader buddies asked me for a riskier than normal options strategy that I would not normally recommend/advocate openly. Monday I told them to buy puts & put spreads on SPY (Or calls/call spreads on SQQQ with an expiry after the inflation numbers are reported. Boy … they went deep! By Monday evening they were getting nervous. I told them not to worry, this is just the shorts bailing from tech stocks as a result of Elon Musk’s purchase of Twitter. I additionally told them that FOMC minutes, inflation worries (reported on the 12th), hawkish statements from the folks at the Fed, & uncertainty surrounding how the Fed is going to react to yet another 40 year record high on inflation, will carry the day. And boy did it! The futures as I’m typing this, remain red. Congrats brothers!

CONGRESSIONAL HEARING ON OIL: 10:30 ET Today, the House will have a hearing with the absolutely non-partisan, honest, & accurate title of "GOUGED AT THE GAS STATION: BIG OIL AND AMERICA'S PAIN AT THE PUMP.” Yes, of course I’m joking about the title. But it should be good TV! A number of oil CEO’s will be there to testify to congress on the status of oil output among other items where some who are venerable in November will attempt to paint them as greedy robber barons. Should be fun! Either way these boring committee hearings are in part how I learned about the oil & gas industry & they are a great way to hear what’s going on directly from the mouths of the CEO’s themselves. Perhaps the testimony will move the oil markets.

Follow on Twitter

Significant News Heading into 04.06.2022:

• Stock futures dip ahead of Fed minutes release

• European stocks fall amid hawkish Fed comments, new Russia sanctions; Stoxx 600 down 1%

• Technology stocks in Asia-Pacific fall; 10-year U.S. Treasury yield surges

• Key people from the Fed just spooked the markets — here’s what they said

• 10-year Treasury yield rises above 2.6% after Brainard signals speedy Fed tightening

• Global government debt set to soar to record $71 trillion this year, new research says

• China’s long weekend tourism spend plunges to 39.2% of pre-pandemic levels

Follow on Twitter

PAID CONTENT IN THE PAYWALL BELOW:

• 11 Stocks near/at/above the Buy Zone (Waiting to Swing).

• 1 Options Strategy

• 25 Stocks on the Price Based Assessment Watchlist

• 5 Stocks on the Stocks Under $20 List (Read the Warning/Disclaimer)

• 6 Stocks on the Highly Speculative Highly Volatile Small Cap List (Read the Warning/Disclaimer)

• 4 Stocks on the short possibilities list

👉CLICK HERE TO SEE THE DETAILS OF EVERY STOCK ON THE BUY LIST (AND SEE THE PRICE ASSESSMENT BASED WATCHLIST / THE STOCKS UNDER $20 LIST & THE HIGHLY SPECULATIVE LIST)

LOGIN INSTRUCTIONS: You will need to login to see the detailed list. The “email login link” will send the link to login directly to your inbox (Click the link & it will automatically log you in). You can also choose the “login with password” option. You will need to set up a substack password for this option.

Follow on Twitter