Moonshots and Market Hedges

aim high, but prepare for the worst
 
   
     
   
 
APRIL 17, 2024
   
PROSPERITY PUB MARKET TALK
What is a Moonshot?
 

Let’s talk turkey: While everyone knows the proper way to trade and invest is to go with safe, high-probability patterns… Everyone also dreams of hitting a home run.

That’s where mooshots come in. They’re high-risk, high-reward trade ideas to launch a portfolio into the stratosphere. Think something that targets 2x to 10x returns in a relatively short time frame — from weeks to years.

But with great reward comes great risk. Moonshots can also fizzle out entirely, leaving you holding the empty bag.

That's where the Publisher's Roundtable comes in. This Friday, I’ll be joined by a panel of market veterans with decades of experience. Together, we’ll each be sharing our ONE moonshot trade idea.

But that’s not all…

With some of the most volatile price action we’ve seen in months happening in just the last 2 weeks, we’ll also be tackling some of the most burning questions on every investor's mind right now.

Here's a sneak peek at what you can expect:

 
Market Jitters - With several rounds of panic selling shaking markets recently, I’ll ask our panel to rate the current level of investor anxiety. Are we on the edge of a major correction, or is this just a temporary blip?
 
Correction Depth - I’ll be grilling the experts on their predictions for the deepest potential downturn of 2024. No one wants the market to sink, but forewarned is forearmed!
 
Market Hedges - If a correction does hit, what are the best hedges to protect your portfolio? The panel will share their go-to strategies for navigating market volatility.

So, buckle up and get ready for a value-packed episode of Publisher's Roundtable this Friday!

You'll walk away with 4 actionable moonshot trade ideas — and the knowledge you need to weather any market storm. Don't miss it!

Click here now to reserve your spot!

— The Prosperity Pub Team
 
Best Way To Play The Rest Of This Year!?

Uncertainty is creeping into markets… And traders everywhere are starting to worry about what’s next!

But Geof Smith is taking it all in stride… Because he knows there’s a unique opportunity to generate income from the markets…

All from one of the most overlooked tickers!


Click here to get the ticker and all the details!
SCOTT WELSH’S TICKER TALES
A Bet on Oil Rising (NOG)
 

Do world events matter to our stock picks?

Big events definitely do.

A few days ago, we saw a renewal of the Middle East conflict between Iran and Israel. We don’t know the ultimate severity of recent events or how long they’ll last.

But in the short term, a conflict in the Middle East puts oil squarely in the picture. If oil is endangered in any way, the price will rise.

And, probably not coincidentally, Northern Oil and Gas (NOG) has seen a lot of positive momentum lately.

Here’s the chart:

 
 

A break above $43.64 means the geopolitical events are more serious and oil could see a big run.

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.
   
 

Subscribe to receive free email updates:

Related Posts :

0 Response to "Moonshots and Market Hedges"

Post a Comment