What to Do As Momentum Turns Negative (I Have Some Thoughts)

Here's the best way to trade these names... [Image](   [ARCHIVES]( LIVE]( The $500 Billion Options Trade That Could Fail By July 1st Mark is willing to bet that this intel is going to beat out 99.9% of options traders. He’s so confident that he’s even putting $100,000 on the line. [Learn How I’m Turning Their Mistake Into My Gain]( News from the Desk of Garrett {NAME}   May 25, 2023 Dear Reader, It must be odd to see the S&P 500 peel higher today, while momentum turns sour. Although NVIDIA Corp. (NVDA) rallied another 30% at one point Thursday, we now have a situation where the rest of the market remains under deep pressure. Today, 64.4% of stocks were under their 50-day moving average; 64.8% were under their 200-day moving average. The number of stocks hitting new 52-week highs hit 327. And all of them are in the industries that will take a big hit from a recession. So, today, I want to remind you about how momentum works in this environment. And why - as momentum turns negative - it’s important to take shots at the underperformers. As we know, stocks hitting their lows tend to move lower… So let’s dig in… [Click here to continue reading this edition of Midday Momentum]( Cheers, Garrett {NAME}   [Watch the Show!](   [Newly Released Exposé: Wall Street Insider Reveals his Six Figure Investment]( The company has a series of potential contracts on the horizon… with one being from one of the largest tech companies in the world. Their top engineers are actively trying to get their hands on this tiny company’s technology, and this partnership could unleash a BILLION-dollar revenue surge. [Stream the private interview here.](   PREMIUM CONTENT This week in Flashpoint trader, we discussed a stock that has caught my eye: EPSN stands out as a potential "Larry the Liquidator" type of stock. Based in Houston, this energy company is a promising prospect, as I maintain a bullish stance on the energy sector. [Sneak A Peek Inside the Trading Room]( TOP PROFIT OPPORTUNITIES   [[ratio]  ]( [Are oil prices in for a short SQUEEZE!? 🛢]( [🔻 Will OPEC+ announce more oil cuts in June 4th meeting?]( [FOMO stock market RALLY!? 🚀]( [Is NVDA stock a good buy right now?]( [[ratio]  ]( REPORTS   [Welcome to Momentum]( [Trading Momentum]( [Twitter]( [Youtube]( [Instagram]( [Tiktok]( [Discord]( [LinkedIn](   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. © 2023 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](