Waiting For a Dead Cat Bounce

Money Morning LIVE Starts Now! ICCM, TSLA, VRNA, XCUR, LCID, SLNO, AMZN [Image](   [ARCHIVES]( LIVE]( [Twitter]( [Youtube]( [Instagram]( [Tiktok]( [Discord]( [LinkedIn]( [Our $10K Prize]( Yes – at this year’s Mistletoe Mania: Not only will you get a gift valued at $3,341… but four lucky members will walk away with prizes totaling $10,000. [It’s our biggest holiday event of the year… and you’re invited. Don’t miss out.](   December 20, 2022 Dear Reader Good Morning, Momentum Is Red… Yesterday was another ugly day, with the SPDR S&P 500 ETF (SPY) bouncing under a critical 380 level - and a rally at the end of the day to save some face. Every sector is now red. Capital is leaving the market. And - if the SPY doesn’t hold 380, it could retest the lows of June, September, and October. I’m largely sitting in cash right now, and there’s a strategic reason for this that I discussed during my [Flashpoint Trader]( session on Monday. The trend is clearly negative, but I’m anticipating a squeeze day at some point soon. The SPY has shed 30 points in one week - which is a monumental move. I don’t want to chase this. This morning we’ll be talking about Cathie Wood again, looking at the VIX forecast and some morning momentum. So get your charts in order because Chris Johnson and I are Trading the Open on Money Morning LIVE, starting now. [Click Here for the Best Show In Finance!]( See you soon, [Garrett {NAME}]( Did you miss the show? No worries, we’ve got you covered.   [Only 38 cents to Get In]( This is a top trade of 2023 [See why here:]( REPORTS   [Welcome to Momentum]( [Trading Momentum]( [Trading Fundamentals]( [Trading the Fed]( [Trading Insiders]( [Watch the Show!]( WATCH REPLAYS   [Sneak A Peak Inside Flashpoint Trader](   You are receiving this e-mail at {EMAIL}, as part of your subscription to Midday Momentum. To remove your email from this list: [unsubscribe here]( Please do not reply to this email as this address is not monitored. To cancel, or for any other questions or requests, please contact our Customer Service team: Online: [Customer Service Form]( Phone: 888-384-8339 (North America) 443-353-4519 (International) Mail: Midday Momentum | Attn: Member Services | 1125 N Charles Street | Baltimore, MD 21201 Fax: 410-622-3050 Our Customer Service team is available Monday ­ Friday between 9:00 AM and 5:00 PM ET. © 2022 Money Map Press. All Rights Reserved. Nothing in this email should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: Money Map Press. 1125 N Charles Street, Baltimore, MD 21201. [Website]( | [Privacy Policy]( | [Terms & Conditions](