Budweiser Going Scorched Earth on ‘Murica

 
   
     
   
 
May 04 2023
 
   

Dear Investor,

Bud Light might be experiencing a buyers revolt but you couldn’t tell by looking at the stock price for Anheuser-Busch InBev SA/NV (BUD).

 
 
It’s currently trading less than $2 off its one-year high of $67.09. Which should tell you a thing or two about the benefits of diversified product lines.

Earnings reported today came basically in line. But that reflected results achieved before a Diversity Equity and Inclusion plant masquerading as a marketing professional decided to go all scorched earth on ‘Murica.

 
 
We took a gander at how the stock has traded over the last few days in today’s “Sizzle Stocks” session – which ProsperityPub Telegram Community Members can access live at 10am ET most days (click here to join ‘cause its free) – and noticed a near-term trade set up that could put a few more bucks in your brokerage account.

Uber Technologies, Inc. (UBER) looked interesting too. As did stock in investment group MPLX LP (MPLX) – which I frankly know nothing about but the Volume Profile looks bullish.

We uncover opportunities like these and more live, daily’ish, in my public Telegram channel.

And I hope to see you there.


Take What the Markets Give You.
 
 
ROGER SCOTT
Ever Hear of a Capitulation Candle?
 

Check out this chart…
 
 
After 2 to 3 down days against the main trend, there’s an even sharper move downward.

We call that signal a Capitulation Candlestick. It’s essentially the turning point of a trend.

And once you know how to spot them…

You can get in the very next day and potentially ride the trend back up.

 
 
This particular move worked out and would have paid out 43% in just three days…

And even more, if you would have held the option for longer!

I’ve created a training course to help traders spot opportunities like this.

Go here for instant access to my FREE training.

Roger


The profits and performance shown are not typical. We make no future earnings claims, and you may lose money. These trades expressed are from historical backtested data in order to demonstrate the potential of the system.
   
 

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