So, this is my first legit newsletter that actually got some attention after asking if people would sign up for it on Twitter.... I said if 10 people signed up that I would write one.... 45 of you signed up within 2 hours.

First off, I am grateful for the support that everyone has shown me recently. Secondly, welcome to the DΞgen Daddy Gang. We bout to make "F*&k you money" here on the stock market. Lastly, make sure you are following the streams on my YouTube and Twitch every morning at 8:30 AM EST before our MASSIVE TWITTER SPACES everyday at 9:15 AM EST with over 3,000 listening everyday.

To give you an idea of what the streams are like, here is a quick recap from yesterday:

Market Recap

The S&P 500 ended the day 4 points lower than Wednesday, closing at 4076 today. Ended the day on a "Bearish Spinning Top" candle, which could be very interesting on how it plays out today (lotto Friday).

SPX

Open: 4087

Close: 4076

High: 4100

Low: 4050

Bloomberg tweeted that this was the first time in 7 months that the S&P 500 closed above the 200-day Moving Average.

Jobs Report Today

The Labor Department is expected by economists to report 200,000 new jobs were created in November, which would be the weakest showing in nearly two years. Average hourly pay is expected to ease to a 0.3% monthly rate.

“Today’s job report will be crucial as it should provide investors with more hints on whether the Fed can really slow the pace of future rate hikes, or not,” said Pierre Veyret, technical analyst at ActivTrades.

Technically, the S&P 500 is at a crucial stage, says Paban Raj Pandey, who authors the Hedgopia blog. “Momentum lies with the bulls, but the index is also getting extended, having rallied for nearly two months now,” he said.

SPX GΞrrity Notes

For 12/2/22

SPX has finally come to a make or break point after today. This trendline and channel has been the biggest piece of resistance for SPX this past year. We did not push through that area yesterday, but with the way this has played out in the past, and how VIX is looking along with Stochastic RSI and other indicators, would not be surprised to see a bit of a drop, or consolidation today and next week.

Here are my key levels for Friday:

Volume Shelves for Friday:

Camarilla Pivots:

Most Important Things To Remember:

1) Follow your rules

2) Never let a green trade turn red

3) Do not hold onto losing trades

4) Do not try to find the top or bottom for a reversal

5) Wait for confirmation before entering a trade

6) The trend is your friend (trade with the trend)

7) TAKE PROFITS

8) Scale in and out

9) Have multiple pieces of confluence for a trade entry

10) Do not get caught up in the lotto effect, base hits add up, you do not need to hit a 500% everyday

Stay safe out there today and go green baby.

Have an awesome weekend you legends. Stay sexy.