Watch Now: S&P Looking Long-Term Bullish

View in browser

View in browser

May 08 2023       Dear Investor, It’s important to remember that stock markets and the economy are not the same. The U.S. could be well on its way to a recession and stocks could continue higher for months. There’s nothing at all unusual about that. Nor is it unexpected. On this morning’s “Sizzle Stocks” we spent some time looking at the S&P 500 via E-Mini S&P 500 Futures contracts. In particular, how trading volume over the last year has taken shape.   You can see a steady volume build from the lows below 3,600 up to 4,147 where it is currently trading, and then a relatively sharp drop off in volume at 4,200. 4,200 is the resistance level I’ve been talking about since last November. And I don’t see the market trading through it anytime soon. But longer term I think the market is positioning itself for a significant rally - possibly to 4,500 or above. The market could be anticipating that the banking crisis will finally force the Fed to cut rates. Hard to say. But this looks to me like the market could trade sideways or lower through the end of summer, then stage a rally in the fall. I’ll keep an eye on it.   Take What the Markets Give You.   CHUCK HUGHES [REMINDER] Today’s Capital Injection opportunity Today at 1pm Eastern, Lance Ippolito and I will reveal how to spot the next overnight opportunity. We’re currently tracking another multi-million dollar Capital Injection as you read this…  And it could POP at any moment tomorrow!  Do not skip today’s live event at 1pm Eastern – or you risk missing out on the next Capital Injection opportunity.  Sure, you could miss the live event and wait for the replay…  But you’ll miss out on the real time, actionable opportunity we are currently tracking!  Go here to register now.  See you there! Chuck

May 08 2023 Dear Investor,   It’s important to remember that stock markets and the economy are not the same.   The U.S. could be well on its way to a recession and stocks could continue higher for months. There’s nothing at all unusual about that. Nor is it unexpected.   On this morning’s “Sizzle Stocks” we spent some time looking at the S&P 500 via E-Mini S&P 500 Futures contracts. In particular, how trading volume over the last year has taken shape.   You can see a steady volume build from the lows below 3,600 up to 4,147 where it is currently trading, and then a relatively sharp drop off in volume at 4,200.   4,200 is the resistance level I’ve been talking about since last November. And I don’t see the market trading through it anytime soon. But longer term I think the market is positioning itself for a significant rally - possibly to 4,500 or above.   The market could be anticipating that the banking crisis will finally force the Fed to cut rates. Hard to say.   But this looks to me like the market could trade sideways or lower through the end of summer, then stage a rally in the fall.   I’ll keep an eye on it.   Take What the Markets Give You.   CHUCK HUGHES [REMINDER] Today’s Capital Injection opportunity Today at 1pm Eastern, Lance Ippolito and I will reveal how to spot the next overnight opportunity.   We’re currently tracking another multi-million dollar Capital Injection as you read this…    And it could POP at any moment tomorrow!    Do not skip today’s live event at 1pm Eastern – or you risk missing out on the next Capital Injection opportunity.    Sure, you could miss the live event and wait for the replay…    But you’ll miss out on the real time, actionable opportunity we are currently tracking!    Go here to register now.    See you there!   Chuck

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: