Pre-Market Prep: Get Set Up for the Market's Next Move

This Repeatable Market Pattern Is Actually Eerie [Money Morning LIVE] Dow Jones | 34,267.22 | +0.95% S&P 500 | 4,439.21 | 0.68% Nasdaq | 13,762.33 | +0.55% *prices as of 3:50 pm 7/11/23 --------------------------------------------------------------- Wednesday, July 12, 2023 Prepare Now for the Market's Next Move --------------------------------------------------------------- "I don't set trends. I just find out what they are and exploit them." - Dick Clark Another morning... another pivotal catalyst on deck. As usual, the mainstream financial media are fumbling over themselves wondering, "Oh me... oh my... how is the market going to react?" Well, if you've been paying attention the last couple of weeks, you know myself and others have taken a sledgehammer to this uncertainty. I've explained that there's often no question about which way equities are going to move on [data releases]( or key events. And the only ones left pondering, "What now?" are those who haven't bothered to do their homework. Well, it just so happens our next crucial government report is less than two hours away... But we're not worried about that one. We're focused on this pivotal release on the horizon. [Find out at how to prepare for it today...]( --------------------------------------------------------------- Follow the Money With Tom Gentile --------------------------------------------------------------- The SPDR S&P 500 ETF Trust (SPY) is a monumental ETF. In fact, it's the largest and oldest ETF in the world, with approximately 80 million shares traded every day. That's so much action, it would be pretty much impossible to manipulate shares into doing one specific thing the same week, year after year after year... And yet, that's exactly what happens. Every year for the past decade, SPY has traded higher eight days after the July 4 holiday. That's through bull markets, bear markets, sideways markets, even COVID. And yet, the pattern has stayed the same. And this decade-long pattern indicates that we can reasonably expect SPY to trade higher over the next week. There's actually another invisible pattern that shows up in the best 325 stocks in the world. [And this one is incredibly reliable... occurring 90% of the time.]( --------------------------------------------------------------- Across Money Morning --------------------------------------------------------------- Why These Quarterly Reports Are So Important... Have investors gotten ahead of themselves? Well, this earnings season should tell us whether we're far out on a cliff's edge like Wile E. Coyote or in a safe Roadrunner position poised for a streak higher. [Chris Johnson has the answer...]( Buy Metals - Lot's of 'Em... We're in an era of fairytale valuations. Companies that don't make (or earn) anything are somehow worth billions. If that sounds fishy, well... it is. Now's the time for hard assets you can put your hands on, and the things we need to make us go. [That's why Garrett {NAME} recommends this easy approach...]( You Can't Beat the Machines... But You Don't Have to Roll Over for Them... Algorithms and 0dte options have upended markets. Sure, the trend is still your friend, but timing and finding that trend is infinitely harder now. Regular investors must adapt or die. [Garrett shares how to thrive...]( --------------------------------------------------------------- Chart of the Day: Delta Flight Confirmed? --------------------------------------------------------------- Bright and earlier tomorrow morning, Delta Air Lines (DAL) will report second quarter results. Airlines have the wind to their backs as Americans blow through savings as part of the "revenge travel" trend we covered [here](. Delta shares are already at 52-week highs, but the consensus sees more upside ahead. Earnings are expected to come in at $2.42 per share with revenue of $14.43 billion. As we can see from the chart above, the second and third quarters are typically the airline's strongest of the year. And traders are anticipating a 3.7% move from shares on earnings, as someone just snatched up 35,662 contracts of the September 15, 2023, $50 calls. [Earnings are an excellent way to unlock overnight wins... And we offer the perfect approach here.]( Get More Money Morning Our experts offer special actionable investing and trading research to their subscribers every week You are receiving this e-mail at {EMAIL}, as part of your subscription to Money Morning LIVE. To remove your email from this list: [unsubscribe here](. Please do not reply to this email as this address is not monitored. 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