Elon... Crazy Like A Fox... Or Just Crazy?

[] could the billionaire have something up his sleeve？ [View in browser]( [View in browser]( [] APRIL 23, 2024 [] [] Have you seen this ridiculously simple gold trade? [Click to unlock the video!]( [] PROSPERITY PUB MARKET TALK Oh, Elon… Crazy Like a Fox, or Just Plain Crazy? It's never a good idea to anger your best customers. But Elon Musk has always been one to do things differently. As the CEO of Tesla, as well as owner of the social media platform X (formerly Twitter), Musk's penchant for polarizing statements has not only sparked controversy but has also begun to reflect in both companies’ performance and reputation. Under Musk's leadership, Tesla has seen a noticeable dip in its market share among left-leaning EV buyers — a key demographic for the electric vehicle industry. This shift coincides with an increase in Musk’s controversial tweets and public statements, which have included endorsing problematic content and outright conflicts with advertisers and the media. The fallout? A decrease from 40% of Tesla’s sales in 2022 to just 15% at the beginning of the 2024 model year among Democrats, even as competitors like Cadillac and Hyundai begin to carve out larger segments of the market. The social platform X, formerly known as Twitter, has not been immune to controversy either. Musk's aggressive stance towards advertisers who chose to pull their campaigns from X — going as far as cursing at them — has led to a significant reduction in advertising revenue. This confrontational approach has not only damaged relationships with existing advertisers but potentially wards off future partnerships, critical for the platform's sustainability and growth. Adding to the drama, financial analysts and investors are watching closely as Tesla approaches a critical earnings announcement — today after the market closes. This report is anticipated to be the worst in seven years, a crucial period that could determine the future trajectory of the company. The stakes are high, and the timing is critical. Meanwhile, Musk has given his employees at X one year to create a product that will replace the typical bank account. It seems like a moonshot project — exactly the kind that Musk has successfully pulled off in the past. Could it be that Musk isn’t just crazy, but “crazy like a fox”? Meanwhile, our own Jeffry Turnmire, often tells reminds us that the news tends to lag behind the charts by about six months, meaning that while bad news is currently piling up for Tesla (TSLA), the stock could surprise everyone and turn around, heading north again after its years-long sustained downtrend. Tesla's stock has reached Jeffry’s long-term downside target. Now at a crossroads, it's a make-or-break moment for Tesla: Will the stock recover, bouncing back to former glories, or will it continue to suffer as its CEO's online antics potentially alienate a significant portion of its consumer base? Stay tuned and get Jeffry’s [full TSLA analysis on Morning Monster](. — The Prosperity Pub Team [] [] Weekend "Gold Glitch" Revealed!? Most people are clueless about weekend profits from the stock market… But Jeffry Turnmire has discovered a repeating pattern in stock ticker GLD… Enter on Wednesday — out by Monday! Just 3 days in the market has led to double and even triple digit gains! [Limited spots available. Click here to unlock the video now!]( [] [] SCOTT WELSH’S TICKER TALES Hungry for Texas Roadhouse? (TXRH) Big moves aren’t reserved only for new, hot technology stocks. Sometimes boring, long-term, buy-and-hold stocks make moves too. Texas Roadhouse (TXRH) is an example. This stock is loved by “investors” who love its steadily rising share price over the years (and also love its excellent value investing metrics). But TXRH can also move and it’s very close to a breakout now. Here’s the chart: A break above $157.12 could lead to a nice surge. Plus TXRH is in one of the top 5 hottest sectors in the world right now. And this could also be a good starting point for a long-term position. 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. [] [] [] [] APRIL 23, 2024 [] [] Have you seen this ridiculously simple gold trade? [Click to unlock the video!]( [] PROSPERITY PUB MARKET TALK Oh, Elon… Crazy Like a Fox, or Just Plain Crazy? It's never a good idea to anger your best customers. But Elon Musk has always been one to do things differently. As the CEO of Tesla, as well as owner of the social media platform X (formerly Twitter), Musk's penchant for polarizing statements has not only sparked controversy but has also begun to reflect in both companies’ performance and reputation. Under Musk's leadership, Tesla has seen a noticeable dip in its market share among left-leaning EV buyers — a key demographic for the electric vehicle industry. This shift coincides with an increase in Musk’s controversial tweets and public statements, which have included endorsing problematic content and outright conflicts with advertisers and the media. The fallout? A decrease from 40% of Tesla’s sales in 2022 to just 15% at the beginning of the 2024 model year among Democrats, even as competitors like Cadillac and Hyundai begin to carve out larger segments of the market. The social platform X, formerly known as Twitter, has not been immune to controversy either. Musk's aggressive stance towards advertisers who chose to pull their campaigns from X — going as far as cursing at them — has led to a significant reduction in advertising revenue. This confrontational approach has not only damaged relationships with existing advertisers but potentially wards off future partnerships, critical for the platform's sustainability and growth. Adding to the drama, financial analysts and investors are watching closely as Tesla approaches a critical earnings announcement — today after the market closes. This report is anticipated to be the worst in seven years, a crucial period that could determine the future trajectory of the company. The stakes are high, and the timing is critical. Meanwhile, Musk has given his employees at X one year to create a product that will replace the typical bank account. It seems like a moonshot project — exactly the kind that Musk has successfully pulled off in the past. Could it be that Musk isn’t just crazy, but “crazy like a fox”? Meanwhile, our own Jeffry Turnmire, often tells reminds us that the news tends to lag behind the charts by about six months, meaning that while bad news is currently piling up for Tesla (TSLA), the stock could surprise everyone and turn around, heading north again after its years-long sustained downtrend. Tesla's stock has reached Jeffry’s long-term downside target. Now at a crossroads, it's a make-or-break moment for Tesla: Will the stock recover, bouncing back to former glories, or will it continue to suffer as its CEO's online antics potentially alienate a significant portion of its consumer base? Stay tuned and get Jeffry’s [full TSLA analysis on Morning Monster](. — The Prosperity Pub Team [] [] Weekend "Gold Glitch" Revealed!? Most people are clueless about weekend profits from the stock market… But Jeffry Turnmire has discovered a repeating pattern in stock ticker GLD… Enter on Wednesday — out by Monday! Just 3 days in the market has led to double and even triple digit gains! [Limited spots available. Click here to unlock the video now!]( [] [] SCOTT WELSH’S TICKER TALES Hungry for Texas Roadhouse? (TXRH) Big moves aren’t reserved only for new, hot technology stocks. Sometimes boring, long-term, buy-and-hold stocks make moves too. Texas Roadhouse (TXRH) is an example. This stock is loved by “investors” who love its steadily rising share price over the years (and also love its excellent value investing metrics). But TXRH can also move and it’s very close to a breakout now. Here’s the chart: A break above $157.12 could lead to a nice surge. Plus TXRH is in one of the top 5 hottest sectors in the world right now. And this could also be a good starting point for a long-term position. 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](