Pre Market MAR 19, 2025

Stocks are green in the Pre Market today
Fed Chair “J-Pow” speaks today and the weight of the stock market world is on the Feds shoulders…..

We all know who lives the longest of the 2 sexes, it’s the women
This past Saturday I got to do something unusual. Rather than for out into the woods on the trails with one of my hiking groups I was the “tour guide” for a group of ladies. One of them reached out to me and asked if I would do that for them

There were 5 of them….. They are all retired, ages 65-72
4 are married, 1 is widowed… They have been a group of “gal pals” for over 30 years doing outings and things together
They are not the kind of ladies that simply “go get lunch” zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz boringgggggggggggggggggggg

What they do is once a month they get together, they go out and do stuff
Sometimes a meal and a show
A couple times a year they take a 3 day 2 night trip to somewhere
Sometimes they all volunteer together
30 years, they have all been doing this stuff together for over 30 years ~ once ~ a ~ month ~ every ~ single ~ month

And this last Saturday they went with me for a 2.5 hour hike, not a walk, a hike out in the woods…. Veryyyyy much to my surprise we only stopped once, one time only, uno, not twice, ONCE, for 10 minutes…..
That’s out in the woods, up biggggggggggggg hillssssssssssss down big hills, over creek beds with running water, over rocks, logs… A hike….
To do that for 2.5 hours takes more than a smile
Those ladies almost wore me out, almost… lol…. 😁 

Most people I know in that age range couldn’t do that, heck I know 35 y/o’s that couldn’t
I see them every day, out at WMT, at my church, every where else

Social Scientists and Psychologists tell us that one of the keys to longevity is social connections outside of our family units. I think those 5 ladies might live forever!!!

They are going to survive and be strong as others begin to break down more and more

That’s what I found over the past few days with stocks
It’s been work, but I shut every thing off and went and dug deeeeeeeeeeeeeep into some stuff. And what I found was entire industries that are rising right now as everything else has been in the tank

What I want to do is wait to see the market reaction to the Feds speech today before I share those new findings. One of those stocks closed up 7% yesterday just as a stock

Now this:
New find HWM may be veryyyyyyyyyyy short lived as a friend of ours
The reason is the Pre Market action isn’t adding up
A pullback could be on the horizon

JPM 😃 
I took this screen shot last night
Notice the bottom right corner
We are noticing 2 things here:
1st: It is setting up for a “J-Hook” pattern ( bullish )
2nd: It is also setting up for a possible “Island Reversal” pattern ( also bullish )
Don’t let JPM off of your radar here

S+P 500 Support is 5,610
Time to grind

The Options Coach