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PROSPERITY PUB MARKET TALK Boeing going “Boing”? A few weeks back, we took a deep dive into the turbulence Boeing (BA) has been facing. We saw how their once-impeccable safety record had been tarnished by a series of incidents, raising serious questions about their commitment to what should be paramount: passenger safety. Well, folks, fasten your seatbelts, because it seems Boeing's hit another round of rough air. Just this week, a whistleblower came forward alleging Boeing ignored crucial safety protocols during the manufacturing of their 787 Dreamliner. And after they put him on the 777 aircraft project as punishment, he found further problems with production of that aircraft. Yikes. This isn't exactly the news that restores public confidence. Now, in the midst of this ongoing saga, our very own Jeffry Turmmire has held firm on his prediction for Boeing stock. He believes BA needs a final "washout" (down swing) before a major upswing kicks in, potentially reaching $500 or more over the long haul. The current price hovering around $170 paints a very different picture. Here's the thing: while a potential windfall for BA shareholders is certainly enticing, it can't come at the expense of safety. Everyone who uses airplanes, deserve the peace of mind that comes with knowing the craft we're flying in adheres to the highest safety standards. So, the dream scenario? Boeing cleans up its act, prioritizes safety above all else, and regains the trust of flyers and regulators alike. Then, maybe, Jeffry's prediction for BA stock can take flight. Until then, we wait with cautious optimism, hoping Boeing finally learns its lesson and gets its wings back on track — the right way. Get Jeffry’s full BA analysis on 30 Minutes of Awesome at the 1:14:45 mark. — The Prosperity Pub Team Ever Trade A $28,000 Option?!💥 Why would you? That’s a massive amount of money to place on a single bet… Even if it IS one of the hottest stocks in the market… If you’ve ever found yourself locked out of trading the hottest stocks in the market… Nate Tucci wants to show you a revolutionary new strategy to trade the very same stocks with only a FRACTION of the capital! Click here to see the revolutionary new strategy! SCOTT WELSH’S TICKER TALES Time for Uranium? (CCJ) Mining and Minerals is a sneaky-volatile sector. No one thinks of big gains in uranium mining — or mining in general — but there are big swings in this group. For example, since late 2020, Canadian miner Cameco (CCJ) has gone from $9.50 to $49.50. Here’s the chart: CCJ’s sector is one of the hottest 50 in the world right now and if we get a break above $51.33, we could see another huge move. We’ll keep an eye on it. Happy trading, — Scott Welsh P.S. As a reminder, these plays are based on my longer-term Weinstein Stage Analysis method. The charts above use weekly candles and a 30 week simple moving average. For details on this method, see my explanation on this Ask The Pros episode starting at timestamp 20:45. |
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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. |
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