Near-Term Bullish On Apple

[] [View in browser]( [View in browser]( [] MAR 6 2023 [] [] GUY COHEN A Lion Picks His Spots Last weekend I noted the S&P was likely to drift lower toward and below its [50-dma and 200-dma]( Key Levels, and there was likely to be some friction around them. It did precisely that before bouncing sharply off the 200-dma on Thursday and following through on Friday. That’s good, and potentially a reason for optimism. But right now I don’t see high-quality setups forming, so I would counsel a bit more patience. This is where being a lion – not a headless chicken – really pays dividends. Right now is prime lion time, which means observe. The market can reveal its hand very quickly – literally in just a couple of days – yielding high quality setups for stocks and options. So, practice observing. The setups we can profit from include probable moves and probable “not moves.” By “not moves” I mean stocks that might be overstretched or where significant support/resistance as well as other factors preclude a breach of certain levels. In these select circumstances, an options credit spread can deliver high probability income trades. But as ever, quality always trumps quantity. Guy [] [] ROGER SCOTT Live Analysis at 1pm ET TODAY: Where is $4.5 trillion in cash flooding into? I’m live right now showing traders why I believe the biggest cash flood on record could soon be on the horizon. Thanks to the mayhem of 2022, investors have more than $4.5 trillion in cash stashed inside money market accounts, just waiting for the right moment to get back into stocks. And I believe that once investors start to feel confidence again… They’ll take that cash and start to pile back into stocks VERY quickly. There’s a few stocks that are safe to flood into, but 5 SPECIFIC stocks that could be HORRIBLE (you’ll want to avoid these bad boys). [Join me live RIGHT NOW for all the answers.]( Roger [] [] MICAH LAMAR Your Monday Update on AAPL We saw a tremendous move on Friday with Apple Inc. ([AAPL]( after gaping down on Thursday in a [piercing pattern](. The interesting thing here is Friday’s move took out the last seven candles… overall a pretty good sign. As long as AAPl can hold above $150, the bias is sideways to up until we get up to $155 to $157. If we drop below $150, it would be a sign that the stock is still in a compression phase. And though the daily [MACD indicator]( is still bearish at the moment, the weekly MACD is bullish. If the stock continues its sideways to up action, the daily MACD will flip around to the bulls. AAPL has been in a downward trend, but we’ve seen a lot of chop. The stock needs to get above $157 for us to see a sustainable breakout to the upside. I’m excited to see what develops this week. Until next Monday… Have a good week! Micah [] [] JEFFRY TURNMIRE’S MORNING MONSTER 🎥 J Pow Testifying?!? Jerome Powell testifies before congress tomorrow at 10am ET plus a few key earnings releases. Oh…and markets are moving! Check out what I see as the likely path forward during tomorrow’s [Morning Monster](. Every weekday at 9:15am ET I go live on [YouTube]( with my pre-market analysis on SPX, SPY, NDX, QQQ, Russell, IWM, and other stocks that are potential plays for the day [] [] [] MAR 6 2023 [] [] GUY COHEN A Lion Picks His Spots Last weekend I noted the S&P was likely to drift lower toward and below its [50-dma and 200-dma]( Key Levels, and there was likely to be some friction around them. It did precisely that before bouncing sharply off the 200-dma on Thursday and following through on Friday. That’s good, and potentially a reason for optimism. But right now I don’t see high-quality setups forming, so I would counsel a bit more patience. This is where being a lion – not a headless chicken – really pays dividends. Right now is prime lion time, which means observe. The market can reveal its hand very quickly – literally in just a couple of days – yielding high quality setups for stocks and options. So, practice observing. The setups we can profit from include probable moves and probable “not moves.” By “not moves” I mean stocks that might be overstretched or where significant support/resistance as well as other factors preclude a breach of certain levels. In these select circumstances, an options credit spread can deliver high probability income trades. But as ever, quality always trumps quantity. Guy [] [] ROGER SCOTT Live Analysis at 1pm ET TODAY: Where is $4.5 trillion in cash flooding into? I’m live right now showing traders why I believe the biggest cash flood on record could soon be on the horizon. Thanks to the mayhem of 2022, investors have more than $4.5 trillion in cash stashed inside money market accounts, just waiting for the right moment to get back into stocks. And I believe that once investors start to feel confidence again… They’ll take that cash and start to pile back into stocks VERY quickly. There’s a few stocks that are safe to flood into, but 5 SPECIFIC stocks that could be HORRIBLE (you’ll want to avoid these bad boys). [Join me live RIGHT NOW for all the answers.]( Roger [] [] MICAH LAMAR Your Monday Update on AAPL We saw a tremendous move on Friday with Apple Inc. ([AAPL]( after gaping down on Thursday in a [piercing pattern](. The interesting thing here is Friday’s move took out the last seven candles… overall a pretty good sign. As long as AAPl can hold above $150, the bias is sideways to up until we get up to $155 to $157. If we drop below $150, it would be a sign that the stock is still in a compression phase. And though the daily [MACD indicator]( is still bearish at the moment, the weekly MACD is bullish. If the stock continues its sideways to up action, the daily MACD will flip around to the bulls. AAPL has been in a downward trend, but we’ve seen a lot of chop. The stock needs to get above $157 for us to see a sustainable breakout to the upside. I’m excited to see what develops this week. Until next Monday… Have a good week! Micah [] [] JEFFRY TURNMIRE’S MORNING MONSTER 🎥 J Pow Testifying?!? Jerome Powell testifies before congress tomorrow at 10am ET plus a few key earnings releases. Oh…and markets are moving! Check out what I see as the likely path forward during tomorrow’s [Morning Monster](. Every weekday at 9:15am ET I go live on [YouTube]( with my pre-market analysis on SPX, SPY, NDX, QQQ, Russell, IWM, and other stocks that are potential plays for the day [] [] [] 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 495 Town Plaza | Ponte Vedra | FL | 32081 [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 495 Town Plaza | Ponte Vedra | FL | 32081 [Prosperity Pub](