Matt Kohrs
News • Business • Investing & Finance
LFG!!! +$50,000 || Join The Goonie Trading Discord For FREE
Wednesday, July 17th
July 17, 2024
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My BEST Trade of The ENTIRE YEAR!

TOTAL GAIN: +$53,310

The best part?! I gave away my reasoning, the entire, and the exit for 100% FREE!!!

This Russell 2000 ($IWM) swing play was discussed and fully broken down in the Goonie Trading Discord. I wasn't the only person who made money. Many Goonie members made a killing!

If you want to learn how I consistently profit, I'll teach you for FREE -- Join me today!

You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)

 


 

The Trade

Entry

I created a large (relative to my account size) bullish position on the Small Cap sector, $IWM, when the inflation report came in cool, below expectations, on July 11th. My reasoning was simple: Lower rates means access to cheaper capital. Small businesses need cheap money to survive.

 

Exit 1

When the play went up +400%, I locked in 1/5 of my position (15 of 75 calls) to take all downside risk off the table. At this point, the worst that could happen would be that the play ended breakeven. If that scenario played out, there is a good chance I would also be super embarrassed due to how public I was about this play.

 

Exit 2

I really wanted to ride IWM up to $228, which was an upside gap fill from late 2023. Unfortunately, the market had different plans. I had to take what the market was willing to offer. As soon as the Russell showed weakness, I took my money and said thank you! I can always reenter if things turn around.

 

Exit 1 Return: +$10,290

Exit 2 Return: +$43,020

Total Return:  +$53,310

 


 

How To Join The Goonie Discord (For FREE)

Join the Goonie Discord if you want access to any of the following:

  • My Live Trades & Thoughts
  • Weekly Teaching Sessions
  • Weekly Newsletter
  • Trading Competitions
  • Texas Roadhouse Talk

Remember you can join the Discord for FREE with the code GOONIE (Click Here!). This code will allow to become a Locals "supporter". Supporters get full access to the entire Locals Community & Goonie Discord server.

Discord Link: https://discord.gg/3dxBRVrgGG
(Allow up to 24hrs to process after you've become a "supporter". If you have any issues, don't hesitate to reach out -- Feel free to DM on Discord or Twitter.)

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FREE Options Trading Lecture This Friday @ 10am ET

It's all going down THIS FRIDAY!!!

The team at SpotGamma will be joining the MK Show to discuss various options trading strategies. (Yes, it will include 0 DTEs for you degens).

This is 100% FREE options trading education.
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PFG! (June 6th)

TGIF! It's Payday Friday Giveaway time!!!

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February 26, 2024
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Goodbye May, Hello June || Goonie Newsletter
Goonie Newsletter (June 2nd - 6th)

Goodbye May, Hello June

Hey,

Key Weekly Performance Stats:

  • S&P 500: +1.88%
  • Nasdaq 100: +2.03% 
  • Russel 2000: +1.19%
  • Bitcoin: -3.07%

Last week, despite some choppy sessions, markets ended the week on a high note. After closing for Memorial Day on May 26, the S&P 500 jumped 2.1% on May 27—snapping a four-day losing streak—after President Trump postponed EU tariffs to July 9. Tech and consumer discretionary stocks led the rally. The momentum carried into May 29, thanks to strong earnings from Nvidia, which posted a 69% revenue surge and briefly surpassed Microsoft in market cap. The S&P 500 dipped modestly on May 28 and May 30, with renewed China tariff concerns and earnings anticipation weighing on sentiment. Still, it finished May up 6.2%—its best month since November 2023.

Economic data was quiet early in the week but picked up on May 30. April’s Core PCE rose just 0.1%, with a year-over-year rate of 2.5%, pointing to easing inflation. Personal income beat expectations, up 0.8%, while spending rose 0.2%, in line with forecasts. However, the Chicago PMI fell to 40.5, signaling manufacturing contraction, and consumer sentiment remained weak at 52.2.

Looking ahead, all eyes will be on the May jobs report due June 6, a key gauge of labor market strength. Trade updates with the EU and China, especially after Trump’s tariff delay, will also be in focus. Investors will watch for Fed commentary, including a speech from Fed Chairman Powell, for any signals on rate policy amid mixed inflation and growth data. As always, stick to your trading plan and respect your risk.

Best,

Thicc Kohrs

P.S. The official Goonie Discord is live! (FREE Access w/ code GOONIE: https://bit.ly/GoonieGroup)

 


 

Earnings

Monday, June 2nd

Morning: Cambell's

Tuesday, June 3rd

Morning: Dollar General & NIO

Evening: Crowdstrike

Wednesday, June 4th

Morning: Dollar Tree

Evening: MongoDB

Thursday, June 5th

Evening: Broadcom, DocuSign & Lululemon 

Friday, June 6th

None

 


 

Market Events

Monday, June 2nd

09:45 AM ET    S&P Global Manufacturing PMI (May)

10:00 AM ET    ISM Manufacturing PMI & Prices (May)

01:00 PM ET    Fed Chair Powell Speaks

 

Tuesday, June 3rd

05:00 AM ET    Eurozone CPI MoM & YoY (May)

10:00 AM ET    JOLTs Job Openings (Apr)

 

Wednesday, June 4th

08:15 AM ET    ADP Nonfarm Employment Change (May)

09:45 AM ET    S&P Global Services PMI (May)

10:00 AM ET    ISM Non-Manufacturing PMI & Prices (May)

 

Thursday, June 5th

08:30 AM ET    ECB Interest Rate Decision (June)

08:30 AM ET    Initial Jobless Claims

 

Friday, June 6th

08:30 AM ET    Unemployment Rate (May)

08:30 AM ET    Nonfarm Payrolls (May)

08:30 AM ET    Avg. Hourly Earnings (May)

 


 

Seasonality Update

S&P 500 Seasonal Bias (Monday, June 2nd)

  • Bull Win Percentage: 74%
  • Profit Factor: 1.52
  • Bias: Bullish

Equity Curve -->

 

S&P 500 Seasonal Bias (Tuesday, June 3rd)

  • Bull Win Percentage: 81%
  • Profit Factor: 17.73
  • Bias: Bullish

Equity Curve -->

 

S&P 500 Seasonal Bias (Wednesday, June 4th)

  • Bull Win Percentage: 44%
  • Profit Factor: 0.95
  • Bias: Bearish

Equity Curve -->

 

S&P 500 Seasonal Bias (Thursday, June 5th)

    • Bull Win Percentage: 56%
    • Profit Factor: 1.81
    • Bias: Bullish

Equity Curve -->

 

S&P 500 Seasonal Bias (Friday, June 6th)

    • Bull Win Percentage: 59%
    • Profit Factor: 1.61
    • Bias: Bullish

Equity Curve -->

 

Notes: These analytics are derived from the performance of the S&P 500 futures contract over the past +25 years. Additionally, results are computed from the futures market open and close.


 

Options Strategy Update

The 0 DTE signal hit 8 for 8 times (14 for 14 total units) this past week.

Signal Accuracy: ~100%

Note: These signals are posted in real-time in the Goonie Trading Discord. You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)!!!

 

Piper's Current Signal Streak: 10 Trades

May Record: 42/44 Units

 

Monday, May 26th

No Signal Produced (Market Closed -- Memorial Day)

 

Tuesday, May 27th

SPY Put Credit Spread (2x Multiple @ $584 / $583) 🟢

QQQ Put Credit Spread (2x Multiple @ $514 / $513) 🟢

 

Wednesday, May 28th

SPY Put Credit Spread (1x Multiple @ $588 / $587) 🟢

QQQ Put Credit Spread (1x Multiple @ $519 / $518) 🟢

 

Thursday, May 29th

SPY Put Credit Spread (2x Multiple @ $587 / $586) 🟢

QQQ Put Credit Spread (2x Multiple @ $518 / $517) 🟢

 

Friday, May 30th

SPY Put Credit Spread (2x Multiple @ $585 / $584) 🟢

QQQ Put Credit Spread (2x Multiple @ $515 / $514) 🟢

 


 

Times I Shouted "Winner, Winner, Chicken Dinner!"

 62 *

* This data point is from readings over the past week. The reported information should not be taken as an aggregate or cumulative value for any period beyond the most recent week (Sunday through Saturday). Appropriate alterations were made to account for both travel and time zone shifts.

 


 

Notes

RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites.

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Daily Degen Trade Report || WTF Elon?!
Thursday, June 5th

WTF Elon?!

THICC RETURN: -$13,125

If you're curious about what I trade & how I trade, join the Goonie Trading Discord. You can be a premium member for 1 month free of charge. It's a riskless opportunity for you to become a Goonie today!

You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)

 

Piper's Picks

PIPER'S RETURN: -$158

A BULLISH signal, 4/5 strength, was generated around 11:00am ET by Piper. The signal was used with various advanced options strategies to score (don't worry, I'll teach you every aspect of the strategy).SPY Hit & QQQ Missed

SPY Return: +$20 (+100%) per $180 signal capital requirement

QQQ Return: -$178 per $178 signal capital requirement

Total Return: -$158 per $358 signal capital requirement

 

Thicc Matt's Personal Trades

Trades

Got cooked.

 

Total Return: -$13,125 (before fees)

 


 

Notes

RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites.

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Daily Degen Trade Report (+$1,200) || The Goonies Are PRINTING!!!
Wednesday, June 4th

PRINTING!!!

THICC RETURN: +$1,200

My posted, REAL-TIME TRADES PAID -- Today's trades would have paid for TWO YEARS OF GOONIE MEMBERSHIP!

If you're curious about what I trade & how I trade, join the Goonie Trading Discord. You can be a premium member for 1 month free of charge. It's a riskless opportunity for you to become a Goonie today!

You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)

 

Piper's Picks

PIPER'S RETURN: +$40 (+100%)

A BULLISH signal, 4/5 strength, was generated around 11:15am ET by Piper. The signal was used with various advanced options strategies to score (don't worry, I'll teach you every aspect of the strategy).Both of these trades hit if held until close -- 4 total units!

SPY Return: +$24 (+100%) per $176 signal capital requirement

QQQ Return: +$16 (+100%) per $184 signal capital requirement

Total Return: +$40 (+100%) per $360 signal capital requirement

 

Thicc Matt's Personal Trades

Trade One: 20 SPX 5,945/5,940 Put Credit Spreads (Piper Strategy)These PCS's were sold at $0.60/ea and all expired worthless -- THIS MEANS MY REALIZED GAIN WAS $1,200!

 

Trade One Return: +$1,200

Total Return: +$1,200 (before fees)

 

These trades alone would have paid for TWO YEARS OF GOONIE DISCORD ACCESS! 

You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)

 


 

Notes

RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites.

Read full Article
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