9 Million Credit Scores Plummet by Triple Digits?!
| | | | | | | | | | | | 9 Million Credit Scores Plummet by Triple Digits?
First, don’t miss today’s Daily Chart Setup trade idea down lower in this newsletter.
Over 9 million student loans are in delinquency and will soon be reflected in credit scores for those who have not caught up since the Covid era deferral programs expired. This will put even more stress on an already stressed portion of consumers.
Come join me as we dive in and see what’s moving!
Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live premarket analysis on SPX, SPY, NDX, QQQ, Russell, IWM and other stocks that are potential plays for the day.
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GameStop: From Meme Stock to Crypto Gamble — Is This a Turnaround or Desperation?
GameStop (GME) is back in the headlines — not because it’s reinventing retail, but because it’s betting its future on Bitcoin.
In a move that feels more desperate than strategic, the company announced it’s adding Bitcoin to its balance sheet. The board of directors unanimously approved the decision, aligning GameStop with a small but growing list of firms adopting crypto as a Treasury reserve asset.
But make no mistake — this isn’t some visionary leap forward. It’s a shot in the dark.
Same Hype, Different Day
This is GameStop we’re talking about. A company that’s repeatedly capitalized on hype cycles to delay an inevitable reckoning. We’ve seen this story before — the stock spikes, retail traders swarm in, and then it all falls apart.
Look at a long-term chart. It’s nothing but a string of failed rallies followed by brutal drops.
They’re not even pretending to be a retailer anymore. The pivot away from video game sales into crypto investing is a clear signal the core business model is broken.
And while the idea of using Bitcoin as a reserve asset might appeal to crypto bulls, it raises serious questions about GameStop’s long-term viability. What do they actually do now besides hold crypto and hope it appreciates?
Be Careful Chasing the Pop
Could the stock bounce? Sure. Hype alone can drive GME back toward the $30 to $36 range.
But anyone trading this name needs to understand what they’re dealing with — a company without a clear revenue engine or business plan, betting its war chest on one of the most volatile assets in the world.
This isn’t about conviction in blockchain or decentralized finance. It’s about survival. GameStop’s crypto gamble may generate headlines and sucker in momentum traders, but the underlying fundamentals haven’t changed. If anything, they’ve gotten worse.
Adding Bitcoin doesn’t fix broken revenue. It doesn’t build supply chains, attract new customers or create sticky margins. It just buys time — and maybe a little attention. But the long-term trend here is clear. GameStop pops on headlines, then plummets when the hype wears off. Over and over.
If you're looking to trade it, fine — just understand the risk. This isn’t an investment. It’s a game of hot potato, and you don't want to be the one left holding it when the music stops.
Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube!
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| | | | I’m also live at 5 p.m. ET on Tuesdays for “30 Minutes of Awesome” — bring your ticker and I’ll analyze it in real time!
And be sure to hit that Subscribe button on my YouTube page! | | | | |
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| | | | And there's still room for you to join in.
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| | | | Today’s Daily Chart Setup: United States Brent Oil Fund (BNO)
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This idea came directly from my Daily Chart Setup that automatically signals potential plays.
| | • | | BNO is a new potential entry. Target: 32.1 Stop below: 27.21
| | | • | | BNO has a historical win rate of 88.89%
| | | • | | BNO has a profit factor of 2.318
| | | • | | BNO trades last 74 trading days on average over 9 trades since 2010.
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See the secret behind these signals here!
This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results.
How the Daily Chart Setup Works
Here’s a more detailed description of how the pattern triggers:
1. The price breaks upward through the orange Market Roadmap line.
2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months.
3. Once it touches the line and starts moving back up, that signals an entry.
I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years!
You can grab my Market Roadmap Indicator here for just $5 — less than a cup of coffee at most places! | | | | |
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| | | | Jeffry Turnmire
Jeffry Turnmire Trading
I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday!
Please check out my channel and hit that Subscribe button!
I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader.
I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me.
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. | | | | |
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9 Million Credit Scores Plummet by Triple Digits?
First, don’t miss today’s Daily Chart Setup trade idea down lower in this newsletter.
Over 9 million student loans are in delinquency and will soon be reflected in credit scores for those who have not caught up since the Covid era deferral programs expired. This will put even more stress on an already stressed portion of consumers. Come join me as we dive in and see what’s moving!
Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live premarket analysis on SPX, SPY, NDX, QQQ, Russell, IWM and other stocks that are potential plays for the day. — — — GameStop: From Meme Stock to Crypto Gamble — Is This a Turnaround or Desperation? GameStop (GME) is back in the headlines — not because it’s reinventing retail, but because it’s betting its future on Bitcoin.
In a move that feels more desperate than strategic, the company announced it’s adding Bitcoin to its balance sheet. The board of directors unanimously approved the decision, aligning GameStop with a small but growing list of firms adopting crypto as a Treasury reserve asset.
But make no mistake — this isn’t some visionary leap forward. It’s a shot in the dark. Same Hype, Different Day This is GameStop we’re talking about. A company that’s repeatedly capitalized on hype cycles to delay an inevitable reckoning. We’ve seen this story before — the stock spikes, retail traders swarm in, and then it all falls apart.
Look at a long-term chart. It’s nothing but a string of failed rallies followed by brutal drops.
They’re not even pretending to be a retailer anymore. The pivot away from video game sales into crypto investing is a clear signal the core business model is broken.
And while the idea of using Bitcoin as a reserve asset might appeal to crypto bulls, it raises serious questions about GameStop’s long-term viability. What do they actually do now besides hold crypto and hope it appreciates? Be Careful Chasing the Pop Could the stock bounce? Sure. Hype alone can drive GME back toward the $30 to $36 range.
But anyone trading this name needs to understand what they’re dealing with — a company without a clear revenue engine or business plan, betting its war chest on one of the most volatile assets in the world.
This isn’t about conviction in blockchain or decentralized finance. It’s about survival. GameStop’s crypto gamble may generate headlines and sucker in momentum traders, but the underlying fundamentals haven’t changed. If anything, they’ve gotten worse.
Adding Bitcoin doesn’t fix broken revenue. It doesn’t build supply chains, attract new customers or create sticky margins. It just buys time — and maybe a little attention. But the long-term trend here is clear. GameStop pops on headlines, then plummets when the hype wears off. Over and over.
If you're looking to trade it, fine — just understand the risk. This isn’t an investment. It’s a game of hot potato, and you don't want to be the one left holding it when the music stops.
Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube! I’m also live at 5 p.m. ET on Tuesdays for “30 Minutes of Awesome” — bring your ticker and I’ll analyze it in real time!
And be sure to hit that Subscribe button on my YouTube page! _____________________________________________________ And there's still room for you to join in.
_____________________________________________________ Today’s Daily Chart Setup: United States Brent Oil Fund (BNO)
 This idea came directly from my Daily Chart Setup that automatically signals potential plays. - BNO is a new potential entry. Target: 32.1 Stop below: 27.21
- BNO has a historical win rate of 88.89%
- BNO has a profit factor of 2.318
- BNO trades last 74 trading days on average over 9 trades since 2010.
See the secret behind these signals here!
This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results. How the Daily Chart Setup Works Here’s a more detailed description of how the pattern triggers:
1. The price breaks upward through the orange Market Roadmap line.
2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months.
3. Once it touches the line and starts moving back up, that signals an entry.
I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years!
You can grab my Market Roadmap Indicator here for just $5 — less than a cup of coffee at most places! Jeffry Turnmire
Jeffry Turnmire Trading
I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday!
Please check out my channel and hit that Subscribe button!
I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader.
I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me. *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. |
ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day.
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