Your Guide to Swapping Out US Dollar Risk

View in browser

View in browser

MAR 23 2023   Your Guide to Swapping Out US Dollar Risk       JEFFRY TURNMIRE Amidst Banking Crisis, Savvy Investors Flock to Bitcoin with 68% Return While most are entering a state of panic and chaos due the banking crisis, I’m doing just the opposite. Of course, the economic panic is justified. Especially when headlines like these sow nothing but fear. But after a closer look, you can see that the bank runs are actually opening the door to what I’m calling the “Trade of the Decade.” So far this year, over $200 billion has flowed into Bitcoin. It’s smashing the returns of S&P 500 or any other major blue-chip stock with a whopping 68% return right now. And with traditional finance feeling the pressure from so many Fed created problems, many investors are flocking to Bitcoin as a “Credit Default Swap” for the U.S. Dollar.  Now I’m not saying you need to know what that is, just understand that savvy investors are fleeing to BTC because they are scared about the health of the USD. But the last thing you want to do is wait for a pullback. The opportunity with Bitcoin is right here, right now.  And I’ll be going live today at 1pm ET to tell you the #1 entry that you can’t ignore. I’m going to be giving you a run down on:   • How a window is opening that could send BTC to all-time highs even amidst a banking crisis… • Why I’m so confident this opportunity could be the “Trade of the Decade.” (HINT: I’ve watched this exact same scenario play out 3 times before!)... • Why BTC is quickly becoming the #1 alternative to the USD… • How the fallout from the Fed meeting will accelerate this process… • And the #1 entry you can make in the cryptocurrency market right now This is an opportunity you don’t want to miss. Join me by signing up here. Jeffry  DON YOCHAM  View From a Centrally Planned Economy The Fed is in a pickle. They must balance the threat of lingering inflation against not only a slowing economy but also making bank balance sheet troubles worse. And as I sat yesterday awaiting the outcome of yet another FOMC meeting – like everyone else - I couldn’t help but think that this is what a centrally planned economy must look like. Instead of individuals ambitiously planning for the future, we collectively hold our breath, awaiting direction from the government on what to do next. It turned out the Fed did exactly as expected and hiked 25 basis points. Though with the Fed expanding its balance sheet by $300 billion to bail out banks, you could argue that the Fed has already started to ease. But as discussed in this week’s “Sizzle Stocks,” currencies, gold, and bitcoin see it differently. They all point to a Fed that will play rates to the hawkish side, at least relative to other central banks. That means dollar strength along with a heaping side of risk-off for the markets. I livestream “Sizzle Stocks” each Tuesday at 11AM ET to members of my Prosperity Pub Community. And in addition to currencies and other forms of money, we also saw that Advanced Micro Devices (AMD) seems to have found its happy place and Disney (DIS) is hinting at a move to the downside. But the devil is in the details. Take What the Markets Give You. JACK CARTER Take A Deep Breath. I Got Your Back… I get it.  You’re worried about a banking crisis, and the headlines aren’t helping. But put your mind at ease… Take a deep breath and watch this. Soon, you’ll see why you don’t need to panic. Trade well, Jack  JEFFRY TURNMIRE’S CHART OF THE WEEK Semiconductors Looking Strong   My Chart of the Week is Direction Daily Semiconductor Bull 3X Shares (SOXL). And, like last week, I’m seeing another confluence of patterns. The first is an inverse head and shoulders pattern. The price moved up through the neckline (light blue line), setting up a price target above the neckline equal to the distance of the move from the head to the neck. You can see this illustrated with 2 big blue arrows. Playing the pattern out to its full potential yields a target price of $39. The 2nd pattern is a smaller “measured bounce” that I teach as part of my Fibonacci Class (if you are interested you can check it out here:  http://jeffrytrader.com/fib). This is a move up – and a retrace to – a certain fib level that holds, leading to a resumption of the initial trend. For our SOXL chart today, that trend resumes above $18.50 (our entry) and gives us a conservative target of $27 and a more aggressive target at $33. Now you want to wait for the entry once again, because the whole pattern can break down if SOXL trades below $10. Hope you have a great week! Jeffry   ROUNDTABLE WITH DON YOCHAM 🎥 The Most Critical Fed Meeting Ever… Did you miss this week’s “Roundtable”? Catch the replay video here… Every Wednesday at 10am ET, we go live with market experts to discuss the biggest news affecting Wall Street price action – and how to trade it. In this week’s “Roundtable”, we covered:   • How will the Fed handicap the banking crisis? Can it be contained or is financial contagion inevitable? What will the Fed sacrifice on the altar of saving banks? • Celeste gave us a breakdown of how the S&P has acted based on past Fed announcements, both immediately following the announcement and over subsequent days. Plus, she revealed summer trading strategies. • Roger pointed out a volatility prone sector, what sectors are overbought and oversold, and what is seasonality telling us right now about the market. SCOTT WELSH Off to the Races Since last time, we’ve seen, um, a little bit of bank news. Holy moly. Every day it seems another bank is failing, being bailed out, or being worried about.  And every day it seems the market is petrified, relieved, or confused.  Are we going into a major banking crisis or not? It appears the crisis will be contained, but it won’t come without violent swings day-to-day.  Where does that leave us? With sore necks from watching the market’s wild up-and-down fluctuations.  But it also leaves us with some stocks quietly breaking out during all the madness.  While no one’s been looking, one of the hottest stocks in one of the hottest sectors broke above a level we discussed.  Racing giant Churchill Downs (CHDN) broke above $249.35 and is rolling as of this writing:   If it stays above the moving average line and breaks through to new highs, it could run a long way.   And its cohort, Boyd Gaming (BYD), might not be far behind:   We’ll keep an eye on it. Happy trading, Scott

MAR 23 2023   Your Guide to Swapping Out US Dollar Risk JEFFRY TURNMIRE Amidst Banking Crisis, Savvy Investors Flock to Bitcoin with 68% Return While most are entering a state of panic and chaos due the banking crisis, I’m doing just the opposite.   Of course, the economic panic is justified. Especially when headlines like these sow nothing but fear.   But after a closer look, you can see that the bank runs are actually opening the door to what I’m calling the “Trade of the Decade.”   So far this year, over $200 billion has flowed into Bitcoin. It’s smashing the returns of S&P 500 or any other major blue-chip stock with a whopping 68% return right now.   And with traditional finance feeling the pressure from so many Fed created problems, many investors are flocking to Bitcoin as a “Credit Default Swap” for the U.S. Dollar.    Now I’m not saying you need to know what that is, just understand that savvy investors are fleeing to BTC because they are scared about the health of the USD.   But the last thing you want to do is wait for a pullback. The opportunity with Bitcoin is right here, right now.    And I’ll be going live today at 1pm ET to tell you the #1 entry that you can’t ignore.   I’m going to be giving you a run down on:   How a window is opening that could send BTC to all-time highs even amidst a banking crisis… Why I’m so confident this opportunity could be the “Trade of the Decade.” (HINT: I’ve watched this exact same scenario play out 3 times before!)... Why BTC is quickly becoming the #1 alternative to the USD… How the fallout from the Fed meeting will accelerate this process… And the #1 entry you can make in the cryptocurrency market right now This is an opportunity you don’t want to miss.   Join me by signing up here.   Jeffry  DON YOCHAM  View From a Centrally Planned Economy The Fed is in a pickle.   They must balance the threat of lingering inflation against not only a slowing economy but also making bank balance sheet troubles worse.   And as I sat yesterday awaiting the outcome of yet another FOMC meeting – like everyone else - I couldn’t help but think that this is what a centrally planned economy must look like.   Instead of individuals ambitiously planning for the future, we collectively hold our breath, awaiting direction from the government on what to do next.   It turned out the Fed did exactly as expected and hiked 25 basis points.   Though with the Fed expanding its balance sheet by $300 billion to bail out banks, you could argue that the Fed has already started to ease.   But as discussed in this week’s “Sizzle Stocks,” currencies, gold, and bitcoin see it differently.   They all point to a Fed that will play rates to the hawkish side, at least relative to other central banks.   That means dollar strength along with a heaping side of risk-off for the markets.   I livestream “Sizzle Stocks” each Tuesday at 11AM ET to members of my Prosperity Pub Community.   And in addition to currencies and other forms of money, we also saw that Advanced Micro Devices (AMD) seems to have found its happy place and Disney (DIS) is hinting at a move to the downside.   But the devil is in the details.   Take What the Markets Give You. JACK CARTER Take A Deep Breath. I Got Your Back… I get it.    You’re worried about a banking crisis, and the headlines aren’t helping.   But put your mind at ease…   Take a deep breath and watch this.   Soon, you’ll see why you don’t need to panic.   Trade well,   Jack  JEFFRY TURNMIRE’S CHART OF THE WEEK Semiconductors Looking Strong   My Chart of the Week is Direction Daily Semiconductor Bull 3X Shares (SOXL).   And, like last week, I’m seeing another confluence of patterns.   The first is an inverse head and shoulders pattern.   The price moved up through the neckline (light blue line), setting up a price target above the neckline equal to the distance of the move from the head to the neck. You can see this illustrated with 2 big blue arrows.   Playing the pattern out to its full potential yields a target price of $39.   The 2nd pattern is a smaller “measured bounce” that I teach as part of my Fibonacci Class (if you are interested you can check it out here:  http://jeffrytrader.com/fib). This is a move up – and a retrace to – a certain fib level that holds, leading to a resumption of the initial trend.   For our SOXL chart today, that trend resumes above $18.50 (our entry) and gives us a conservative target of $27 and a more aggressive target at $33.   Now you want to wait for the entry once again, because the whole pattern can break down if SOXL trades below $10.   Hope you have a great week!   Jeffry   ROUNDTABLE WITH DON YOCHAM 🎥 The Most Critical Fed Meeting Ever… Did you miss this week’s “Roundtable”? Catch the replay video here…   Every Wednesday at 10am ET, we go live with market experts to discuss the biggest news affecting Wall Street price action – and how to trade it.   In this week’s “Roundtable”, we covered:   How will the Fed handicap the banking crisis? Can it be contained or is financial contagion inevitable? What will the Fed sacrifice on the altar of saving banks? Celeste gave us a breakdown of how the S&P has acted based on past Fed announcements, both immediately following the announcement and over subsequent days. Plus, she revealed summer trading strategies. Roger pointed out a volatility prone sector, what sectors are overbought and oversold, and what is seasonality telling us right now about the market. SCOTT WELSH Off to the Races Since last time, we’ve seen, um, a little bit of bank news.   Holy moly.   Every day it seems another bank is failing, being bailed out, or being worried about.    And every day it seems the market is petrified, relieved, or confused.    Are we going into a major banking crisis or not?   It appears the crisis will be contained, but it won’t come without violent swings day-to-day.    Where does that leave us?   With sore necks from watching the market’s wild up-and-down fluctuations.    But it also leaves us with some stocks quietly breaking out during all the madness.    While no one’s been looking, one of the hottest stocks in one of the hottest sectors broke above a level we discussed.    Racing giant Churchill Downs (CHDN) broke above $249.35 and is rolling as of this writing:   If it stays above the moving average line and breaks through to new highs, it could run a long way.     And its cohort, Boyd Gaming (BYD), might not be far behind:   We’ll keep an eye on it.   Happy trading,   Scott

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. Prosperity Pub 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. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit https://prosperitypub.com/terms-conditions/ for our full Terms and Conditions. Unsubscribe This email was sent to penunggangbadai.moneyblog@blogger.com by Prosperity Pub 495 Town Plaza | Ponte Vedra | FL | 32081 Prosperity Pub

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. Prosperity Pub 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. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit https://prosperitypub.com/terms-conditions/ for our full Terms and Conditions.   Unsubscribe This email was sent to penunggangbadai.moneyblog@blogger.com by Prosperity Pub 495 Town Plaza | Ponte Vedra | FL | 32081 Prosperity Pub

Share on Facebook

Share on Twitter

Share on Google+

Share on LinkedIn

Subscribe to receive free email updates: