Cocoa Hits All Time Highs (yes, as in chocolate)

[] grandma’s cookies may never recover [View in browser]( [View in browser]( [] MARCH 26, 2024 [] [] PROSPERITY PUB MARKET TALK Cocoa Prices Spike Brace yourselves, chocoholics – your cocoa cravings are about to get a whole lot pricier. Cocoa prices just skyrocketed to a record-breaking $10,000 per ton. It’s all thanks to a nasty combo of bad weather and crop diseases pummeling West Africa, which is the world's biggest cocoa producer (think 75% of the world's supply!). Resident commodities expert, Geof Smith, says get ready for sticker shock at the checkout. Retail chocolate prices are on an upward trajectory, and could be likely to last a year or so after this latest price surge. Just a year ago, cocoa was going for a cool $2,500 a ton… Those were the good old days. Here's the real kicker: Geof tells us this shortage isn't just a blip on the radar. West African farmers, already strapped for cash, rely on loans based on their crop yields. With smaller harvests, they can't secure funding to plant new trees, leaving existing ones vulnerable and production dwindling. Experts predict a shortfall of 300,000 to 500,000 tons this season — a recipe for continued price hikes. So, what does this mean for your grandma's legendary chocolate chip cookies? Probably not a complete meltdown (yet). But expect those grocery bills to take a little more out of your wallet. The bigger concern lies with big chocolate companies like Hershey's who might have to get creative with portion sizes or recipe tweaks. The bottom line? Savor those pre-made brownies while you can, folks. This cocoa crisis is no laughing matter. Unless, of course, you find humor in the potential black market for chocolate bars. Meanwhile, Geof gave us a pick to play, telling us that he expects Hersey (HSY) to be bearish, especially after laying off 5% of their workforce yesterday… — The Prosperity Pub Team [] [] Small Options Spell Big Opportunities Tom Busby has discovered a way to find some of the cheapest options in the market! But he’s not scraping the bottom of the barrel… Some of these 25¢ picks have gone on to double and even triple! If you’re trading a small account, this could be just the strategy you need! [Click here to learn all about Tom’s discovery!]( [] [] SCOTT WELSH’S TICKER TALES GOOG All Over Again? The Magnificent 7 are dead! Or are they? While it’s true that many of the vaunted 7 tech stocks have stalled, not all of them are done surging. Some may actually be getting ready for another run. Like Google (GOOG). Here’s the chart: [] A break above $155.20 could lead this old favorite becoming a new leader all over again. The Magnificent 7 may still have some magnificence left in them. 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. [] [] [] [] MARCH 26, 2024 [] [] PROSPERITY PUB MARKET TALK Cocoa Prices Spike Brace yourselves, chocoholics – your cocoa cravings are about to get a whole lot pricier. Cocoa prices just skyrocketed to a record-breaking $10,000 per ton. It’s all thanks to a nasty combo of bad weather and crop diseases pummeling West Africa, which is the world's biggest cocoa producer (think 75% of the world's supply!). Resident commodities expert, Geof Smith, says get ready for sticker shock at the checkout. Retail chocolate prices are on an upward trajectory, and could be likely to last a year or so after this latest price surge. Just a year ago, cocoa was going for a cool $2,500 a ton… Those were the good old days. Here's the real kicker: Geof tells us this shortage isn't just a blip on the radar. West African farmers, already strapped for cash, rely on loans based on their crop yields. With smaller harvests, they can't secure funding to plant new trees, leaving existing ones vulnerable and production dwindling. Experts predict a shortfall of 300,000 to 500,000 tons this season — a recipe for continued price hikes. So, what does this mean for your grandma's legendary chocolate chip cookies? Probably not a complete meltdown (yet). But expect those grocery bills to take a little more out of your wallet. The bigger concern lies with big chocolate companies like Hershey's who might have to get creative with portion sizes or recipe tweaks. The bottom line? Savor those pre-made brownies while you can, folks. This cocoa crisis is no laughing matter. Unless, of course, you find humor in the potential black market for chocolate bars. Meanwhile, Geof gave us a pick to play, telling us that he expects Hersey (HSY) to be bearish, especially after laying off 5% of their workforce yesterday… — The Prosperity Pub Team [] [] Small Options Spell Big Opportunities Tom Busby has discovered a way to find some of the cheapest options in the market! But he’s not scraping the bottom of the barrel… Some of these 25¢ picks have gone on to double and even triple! If you’re trading a small account, this could be just the strategy you need! [Click here to learn all about Tom’s discovery!]( [] [] SCOTT WELSH’S TICKER TALES GOOG All Over Again? The Magnificent 7 are dead! Or are they? While it’s true that many of the vaunted 7 tech stocks have stalled, not all of them are done surging. Some may actually be getting ready for another run. Like Google (GOOG). Here’s the chart: [] A break above $155.20 could lead this old favorite becoming a new leader all over again. The Magnificent 7 may still have some magnificence left in them. 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. [] [] [] [] 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](