Dawn Report – June 17, 2022

President Joe Biden says a recession is “not inevitable.”

That’s not exactly a vote of confidence.

The relief rally from two days ago was short lived as traders started looking at the fundamentals driving inflation – which are a lot bigger than monetary policy. The Dow fell below 30,000… and Bloomberg analysts say the chances of a recession are now greater than 70%.

It’s important to see how to attack this. Yesterday, I broke down some signals that you can use to find what industries might thrive in this new climate.

Mr. X has been hammering on the possibility of rising food costs and plays like WEAT and CORN.

And Dr. Kent Moors is sitting on a gain of more than 50% for Sigma Trader with TZA, a small-cap bear ETF.

Even gold and silver are showing some life, especially interesting given the dollar’s relative strength over other currencies. We may be suffering from inflation in the United States, but the dollar remains king.

The Japanese yen is already at its lowest level against the dollar since 1998 – and that might have an impact on markets in China.

You often hear people talk about an abundance mindset. You assume – correctly – that there are always gains to be made. But that’s just the beginning, and by itself, it’s just happy talk.

Talk is cheap.

The trick is understanding which doors a recession closes and which new ones it opens. The purpose of technical analysis is to see – in clear, objective patterns – what is really happening.

Match that with fundamentals and political/scientific expertise (which others on our team bring to the table) and you’re well placed to survive and thrive in the coming storm.

That’s why we do what we do. Win no matter what the market conditions are. That’s always the goal.

A recession doesn’t need to be a recession for you. Inflation doesn’t mean you have to watch your purchasing power vanish. It’s simply a matter of catching the correct wave.

Check today’s column to learn how to do it. Some new sectors may be opening up… and that means there’s no bear market for us unless we surrender to it..

Keep moving,


In this week’s Hood Talk, Chris looks at the market through three time frames – the daily, monthly, and weekly charts.

This isn’t just guesswork, but an analysis using tools that hedge funds are willing to pay millions of dollars to use.


Your Options Coach Chris Hood will show you how you can play the bulls and the bears at the same time and win.


POTUS Puts On Brave Face, Internet Explorer DONE, Twitter LEAKS

  • “Really, Really Down” – President Joe Biden admitted that Americans are “really, really down,” but said the nation’s negative outlook was simply an effect of the “COVID crisis.” He also put forward a hopeful message, trying out some lines that may stem Democratic losses in the midterms. “First of all, it’s [a recession] not inevitable,” said POTUS. “Secondly, we’re in a stronger position than any nation in the world to overcome this inflation.”

  • Admit It, You Never Used It Except By Mistake – Internet Explorer, which has become something of a meme, has finally died a merciful death. Microsoft is no longer supporting the default browser that accompanied Windows for more than 25 years. Instead, it’s pushing users to adopt its new product, Microsoft Edge. Internet Explorer was a punchline, but at least some users may feel some nostalgia… after all, for many of us, it was the first browser we ever used.

  • Twitter Meeting Leaks – Conservative media outlet Project Veritas leaked audio from Elon Musk’s “all hands” meeting with Twitter staff. “I think it’s essential to have free speech and for – and to be able to communicate, yeah, just communicate freely,” Musk said. He’s at least saying (awkwardly) the same things privately that he said publicly when he launched his takeover bid. Musk also said that under his tenure, Twitter would no longer be concerned with “driving a narrative” but simply focused on better informing people. He argued the media “almost never” got the story right in recent years.

  • Dow Drops Below 30K – The Dow hit its lowest level in more than a year, plunging below 30,000 points. The NASDAQ suffered even worse, losing more than 6%. The stock market gains enabled by the government’s massive stimulus program in response to COVID-19 have been totally wiped out.


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Video uncovers the winning tactics that handed one trader an average $7,300 in profit every week using just shy of $12,000 in capital.

HOT SPOTS: What’s Going on in Geopolitics

  • Ukraine To Export Grain Through Romania – In response to a potential global food shortage, Ukraine will attempt to ship grain to the international market through Romania. The port of Constanta will be at the center of a race against time, as Ukraine needs to clear out space in its silos in preparation for the next harvest.
  • American Troops Capture ISIS Leader  ISIS isn’t what it used to be but the self-proclaimed caliphate is active in countries around the world. A coalition raid reportedly captured one of the group’s senior leaders in Syria. The United States and its allies continue to launch operations via “Combined Joint Task Force Operation Inherent Resolve.”

  • Taiwan (?) Threatens China – I didn’t see this coming. You Si Kun, head of the Legislative Assembly, said that Taiwan has supersonic missiles that can hit Beijing. He also called on Taiwanese to resist any attempts by the Chinese to land. “If the landing is successful, everyone in Taiwan must be as determined to die as Ukraine,” he said. “Go out and never let China swallow Taiwan.”

CUTTING EDGE: Whats Happening In Tech

  • Stop Sitting – You might want to think about getting a standing desk. Scientists from Simon Fraser University report that those who sit between six and eight hours a day have a significantly increased risk for heart disease and early death. Those who sit more than eight hours a day have a 20% higher risk.

  • CDC Issues New Guidance On Monkeypox – They still haven’t renamed it yet, so we can still call it what it is. Monkeypox continues to spread among the American people, with the CDC issuing a new warning. At least 72 cases have been identified across 18 states – making it the largest monkeypox outbreak in American history.

  • Royal Caribbean Wants Starlink – Royal Caribbean has notified the FCC that it wants Elon Musk’s Starlink wi-fi aboard its ships. Unfortunately for Musk, he’s facing an internal rebellion at SpaceX, with employees signing an open letter denouncing the TecnoKing’s “behavior in the public sphere.” Given that SpaceX launches the Starlink satellites, Musk needs to quell the uprising quickly

From Ukraine to the seas, Musk’s vision conquers all… except his own employees


What industries are set to break out?

That’s the million dollar question.

If this week has shown us anything, we know that no industries are safe when the market gaps down…

Now, more than ever, it’s important to know how to pick the sectors that are about to break out.

The patterns are there… if you know where to look.

This brief column is about technique – something that will pay off eternally for you once you master it.

As the market declines, it’s time to step up.

The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our Terms and Conditions for more information