Wednesday, October 2, 2024

WM Chart Signals Entry, and how the Dock Worker Strike Could Cost $5B Per Day

Join me at 9:15 a.m. ET for “Morning Monster”!
 
   
     
WM Chart Signals Entry, and how the Dock Worker Strike Could Cost $5B Per Day
 
 
Dock workers entered into a strike yesterday. Will this create supply chain issues that last us into the new year? About $5 billion of goods per day are not going to be moving through U.S. ports until a labor deal is reached. 

Come join me as we dive in and see what is moving! 

Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live premarket analysis on SPX, SPY, NDX, QQQ, Russell, IWM and other stocks that are potential plays for the day. 


Today’s Daily Chart Setup: Waste Management (WM)  
 
 
This idea came directly from my Daily Chart Setup that automatically signals potential plays. 
 
WM is a new potential entry. Target: 214.29 Stop below: 199.29
WM has a historical win rate of 71.05%
WM has a profit factor of 1.473
WM trades last 34 trading days on average over 38 trades since 1988.

This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results.

You can find full details on exactly how this works by scrolling down further in this newsletter. 

Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube!

 
 
‘Morning Monster’ Is Starting NOW!
I’m also live at 5 p.m. ET on Tuesdays for “30 Minutes of Awesome” — bring your ticker and I’ll analyze it in real time!

And please hit that Subscribe button on my YouTube page!
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Don’t Miss the ‘Friday Phenomenon’
 
 
Just a quick heads up.

At 1 p.m. ET today, Oct. 2, I’m showing everyone the “Friday Phenomenon” on gold that lets anybody target 50% gains every single weekend!

As you’ll see once I’m live, this phenomenon has been paying out nearly four out of every five weekends on live trades.

Now I cannot promise future returns or against losses but by the end of our time together, you’ll get the name and ticker of my No. 1 gold miner stock, 100% free.

I honestly mean it when I say you don’t want to miss today’s session.

Especially considering we’re on the cusp on an epic Gold melt-up… which is set to pick up steam as we inch closer to the elections.

 
 
I’ll See You at 1 p.m. ET TODAY!
The profits and performances shown are not typical and you may lose money. From 11/22/2023 - 9/26/2024 on live trades the win rate has been 76% with an average return of 28% (winners and losers) with an average hold time of 3 days.
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How the Daily Chart Setup Works
 
Here’s a more detailed description of how the pattern triggers:
 
1. The price breaks upward through the orange Market Roadmap Line. 

2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months. 

3. Once it touches the line and starts moving back up, that signals an entry. 

I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years!

You can grab my Market Roadmap Indicator here for just $5 — less than a cup of coffee at most places!


Jeffry Turnmire
Jeffry Turnmire Trading

I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday!

Please check out my channel and hit that Subscribe button!

I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader.

I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me. 


*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. 
   
 

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