Like A Good Neighbor...

[] insurance co. cuts and runs from California [View in browser]( [View in browser]( [] MARCH 22, 2024 [] [] Are you in? Geof Smith is sharing market analysis, tips & even FREE trade ideas… But you need to be in his [FREE Telegram]( channel to get it all! [] [] PROSPERITY PUB MARKET TALK Like A Good Neighbor… Like a good neighbor, State Farm is... leaving California high and dry? Our friends at State Farm, known for their cheery commercials and khaki-wearing agents, just announced they're dropping a whopping 72,000 California home and apartment insurance policies. Seems those wildfires are a bit too "catastrophic" for their taste. California residents: Crack open another almond milk latte and prepare for some sticker shock. State Farm claims they need to "maintain adequate claims-paying capacity" (fancy way of saying they don't want to lose all their money), so they're packing it in. This follows a trend of insurers fleeing the Golden State like it's a particularly crowded (and smoky) family reunion. So, what are Californians to do? Well, you could try the state's "insurance of last resort," the poetically named FAIR Plan. Just be prepared for prices that would make your groceries cry. The whole situation is a bit of a mess, and with fire season around the corner, things could start getting spicy. On the bright side, at least you won't have to deal with those creepy talking khakis anymore… On the flip side, investors in competing insurance company Allstate (ALL) could be in for a treat. Our own analyst, Scott Welsh, recently called insurance “one of the top 25 hottest sectors in the world” (no pun intended)… And shared [a chart]( showing that ALL could be getting ready to break out in a big way. He tells us a break now above $168.05 could lead to a nice bullish run. — The Prosperity Pub Team [] [] ✗ ✗ ✗ Oil Trade Exclusive ✗ ✗ ✗ Jeffry Turnmire has made some amazing predictions… The Bitcoin bottom near the end of 2022… The S&P top in July 2023… But now he’s got a timely oil prediction you can’t get anywhere else! [Check it out right here!]( [] [] SCOTT WELSH’S ANATOMY OF A GREAT TRADE Anatomy of a Great Trade: RETL Great traders are always telling us to buy what we know. Which is good advice. What’s good about it, though, is not that we can maybe buy something familiar that goes up. That may happen but there’s more than that. Buying something we know also gives us confidence to stay in when things get tough. In life, we’re only as good as our worst day. (That’s deep.) In trading, we’re not going to profit if we can’t handle the drawdowns. And buying what we know keeps us in the game. For example, in 2020, retail took a temporary hit. Of course, discretionary spending will slow down for a moment if there’s a pandemic. But is retail over? Will we really never shop again? Of course not. We know we’re going to shop again. So, when the 3x triple-leveraged retail ETF, RETL, went down below its 800 period Bollinger Band™ (2 standard deviations), this was a buying opportunity. Not a give-up opportunity. Here’s the chart: [] In April 2020, we could have bought RETL at any point below the lower band. If we did, we would’ve gotten a price around $3.20. What happened? RETL rose up to “fair value”, hitting $11.20 in October 2020 for a 360% gain: [] If we can stay in the game and buy things deeply on sale, we can get big wins. Knowing what we’re trading can help us do that. Happy trading, Scott [] [] [] [] MARCH 22, 2024 [] [] Are you in? Geof Smith is sharing market analysis, tips & even FREE trade ideas… But you need to be in his [FREE Telegram]( channel to get it all! [] [] PROSPERITY PUB MARKET TALK Like A Good Neighbor… Like a good neighbor, State Farm is... leaving California high and dry? Our friends at State Farm, known for their cheery commercials and khaki-wearing agents, just announced they're dropping a whopping 72,000 California home and apartment insurance policies. Seems those wildfires are a bit too "catastrophic" for their taste. California residents: Crack open another almond milk latte and prepare for some sticker shock. State Farm claims they need to "maintain adequate claims-paying capacity" (fancy way of saying they don't want to lose all their money), so they're packing it in. This follows a trend of insurers fleeing the Golden State like it's a particularly crowded (and smoky) family reunion. So, what are Californians to do? Well, you could try the state's "insurance of last resort," the poetically named FAIR Plan. Just be prepared for prices that would make your groceries cry. The whole situation is a bit of a mess, and with fire season around the corner, things could start getting spicy. On the bright side, at least you won't have to deal with those creepy talking khakis anymore… On the flip side, investors in competing insurance company Allstate (ALL) could be in for a treat. Our own analyst, Scott Welsh, recently called insurance “one of the top 25 hottest sectors in the world” (no pun intended)… And shared [a chart]( showing that ALL could be getting ready to break out in a big way. He tells us a break now above $168.05 could lead to a nice bullish run. — The Prosperity Pub Team [] [] ✗ ✗ ✗ Oil Trade Exclusive ✗ ✗ ✗ Jeffry Turnmire has made some amazing predictions… The Bitcoin bottom near the end of 2022… The S&P top in July 2023… But now he’s got a timely oil prediction you can’t get anywhere else! [Check it out right here!]( [] [] SCOTT WELSH’S ANATOMY OF A GREAT TRADE Anatomy of a Great Trade: RETL Great traders are always telling us to buy what we know. Which is good advice. What’s good about it, though, is not that we can maybe buy something familiar that goes up. That may happen but there’s more than that. Buying something we know also gives us confidence to stay in when things get tough. In life, we’re only as good as our worst day. (That’s deep.) In trading, we’re not going to profit if we can’t handle the drawdowns. And buying what we know keeps us in the game. For example, in 2020, retail took a temporary hit. Of course, discretionary spending will slow down for a moment if there’s a pandemic. But is retail over? Will we really never shop again? Of course not. We know we’re going to shop again. So, when the 3x triple-leveraged retail ETF, RETL, went down below its 800 period Bollinger Band™ (2 standard deviations), this was a buying opportunity. Not a give-up opportunity. Here’s the chart: [] In April 2020, we could have bought RETL at any point below the lower band. If we did, we would’ve gotten a price around $3.20. What happened? RETL rose up to “fair value”, hitting $11.20 in October 2020 for a 360% gain: [] If we can stay in the game and buy things deeply on sale, we can get big wins. Knowing what we’re trading can help us do that. Happy trading, Scott [] [] [] [] 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 [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [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 [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub](