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Market Jitters? Four pros come together to share their hedge strategy, PLUS their TOP Moonshot Trade Idea! Friday, 4/19 @ 2pm Eastern! Click To Reserve Your Spot! ![]() GUEST POST: JACK CARTER Market Losing Steam? Trading In A Stock Picker’s Market After the turbulence of the last week or so, I want to show you how analyzing the broad market shows me that the trend in the market is potentially changing… Plus, stay with me, because I’ll be giving you a couple of tickers you’ll want to keep your eye on. As I’ve talked about many times in the past… Before I place any trades, I like to gauge the broad market by looking at the SPY, DIA and QQQ with 3 specific indicators on my charts. This lets me gauge how bullish or bearish the markets are at any given time. Market Got You On Edge? Try This. Major indexes have plunged several times in the past few weeks… Is it a sign that the bull run could be coming to an end? The truth is no one knows. But Geof Smith isn’t worried… Because he’s using his “safest ticker” strategy to target monthly income. Limited spots available. Register your spot now! SCOTT WELSH’S ANATOMY OF A GREAT TRADE Anatomy of a Great Trade: RIOT Can we make money off of garbage companies? Let me rephrase that. Can we make money off of companies we don’t believe in? The answer is yes. Remember, the money doesn’t know where it came from. If you don’t like the company but love the money, it’s okay to choose the latter. That said, RIOT is a company that’s prone to massive moves. Overall, it mostly has negative earnings and trades in a controversial sector: blockchain. Some people think blockchain is the future. Some people think it’s nothing but empty air. RIOT is not Johnson & Johnson. I think everyone can agree on that. But if you were aware of the furor around blockchain and bought RIOT when it closed two months in a row above the 12-month simple moving average, this is what happened in July 2020: You would’ve bought at $2.22 and sold at $27.20 (after RIOT closed below the simple moving average). That’s an incredible win–and it could have been much more. RIOT reached as high as $79.50 during that run. Whether you like a company or not, it still might make huge moves. And we can take part of those moves on a simple Monthly breakout. Happy trading, Scott |
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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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