Tuesday Morning ☕️ Update

Published: Tue, 05/11/21

Tuesday May 11, 2021

Good Morning ☕️ MOJO's,

See below for Monday nights update. MOJO was spot on as the markets are continuing RED. The only play I mentioned and they are up more than 5% this morning is SQQQ and UVXY. See my watchlist today.

For the hedge got UVXY at $4.25 and SQQQ at $12.00

Both are optionable for covered calls which are great to do end of day today or when the first 200 point up day happens. Here is a few blog posts I did on covered calls. Click here to read about that -

https://www.mojodaytrading.com/blog/tags/covered-calls

Good Evening MOJO's,

I did my normal Sunday night research in stocks and there was a few of them in same industry group as RHE. I picked RHE cuz it looked the best to go thru HEINZ $20 and higher. The stock hit a high of $22.60. The others I was watching went up and faded as the markets were down bigtime and I do believe this is the start of the correction.

If we firm up tomorrow expect 2 things from me:

I will pick a nice bottom to buy and send out a combo of stock and crypto picks. So please be patient and stay tuned for my next email to hit your inbox.

P.S. I have a few new members that have asked why they did not get picks as promised. My reply was and hope they appreciate it - Have had subscribers for years that appreciate my market timing and when too much risk presents itself MOJO backs off from getting aggressive with new picks. I monitor picks and ones that show stability in the downturn usually rise back up nicely. I am watching a few of them and will send you some tomorrow. Expect a selloff in the morning and recovery at noon time - if so I will send you picks by lunch. Other wise we wait another day.

For a hedge watch UVXY at $4.25 and SQQQ at $12.00

Both are optionable for covered calls which are very good in this environment. Here is a few blog posts I did on covered calls. Click here to read about that -

https://www.mojodaytrading.com/blog/tags/covered-calls

Good Morning 🌼 MOJO's,

ProTrader Mike has 1 stock today looks good - I also monitoring 3 others will send out later this morning.

Symbol is RHE looking for the move over $20.00 play it small stop looking for only the move higher not marrying t lower - out if breaks $18.30 hard last price $18.75

There will be 2 new crypto picks going out today at noon time.

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