Housing Heating Up + 30 Minutes of Awesome Coming Right Up

[] [View in browser]( [View in browser]( [] APR 11 2023 Housing Heating Up + 30 Minutes of Awesome Coming Right Up [] [] SCOTT WELSH Ready to Breakout As we recently talked about, housing is hot right now. Which seems kind of weird. Aren’t mortgage rates rising? Aren’t we about five minutes from a horrible recession? Aren’t housing prices already too high? Yes, probably, and yes. But we don’t live in a sensical trading world right now. Up is down and down is up. Trying to make sense of every trade could make our brains explode and miss trades. Studies show it’s 62% more difficult to trade with an exploded brain. So, in times like this, we need to put more weight on the charts. And the charts say housing is scorching. Take, DR Horton ([DHI](. It’s above the long-term moving average and it’s breaking above resistance (and breaking out of the famous cup-and-handle formation). It could be an entry above $100.60: [] And don’t forget about its cohort, PulteGroup, Inc. ([PHM]( [] PHM is looking similar and is also near a possible breakout entry point ($60.90). Housing has a lot of momentum right now. It might be smart to listen to what the charts are telling us. Happy trading, Scott [] [] DON YOCHAM Can’t-Miss “Roundtable” Tomorrow, 11am ET! Have bank liquidity concerns drifted into the background? Three weeks to the next Fed meeting and Fed Futures are still favoring a 25 bps hike with a 69.8% likelihood. [] Then a pause in June and rate cuts priced in for July. What the markets expect is one thing. But Garrett {NAME}, Jack Carter and I will discuss our expectations for the FOMC’s future rate path and what the Fed could break next at tomorrow’s [“Roundtable”](. Oh…and the Fed’s stress tests [were a joke](. What the Fed will do (and has done) leads naturally to a discussion on deposit flight, yield curve compression, and mostly regional banks borrowing directly from the Fed. Regional banks have been on the receiving end of the most aggressive rate hike in history. Like Buffett said, “when the tide goes out, you get to see who was swimming naked.” Garrett and Jack will help you focus on who kept their trunks on. There’s also an M&A boom spreading through the U.S. oil patch. Oil drillers have made serious bank on lofty oil prices, leaving them with a pile of cash to plow into the U.S. shale drillers. Will they go big or does woke politics – ahem…ESG investing – leave too much risk on the table? [] Find out on tomorrow’s “[Roundtable with Don Yocham]( Oh…and note the new time at 11am ET. Take What the Markets Give You. [] [] Have you heard of The Pattern of Death? Check it out… [] Basically it’s showing VNO moving higher for 5 straight days… Then suddenly, plummeting into the great beyond! [* CLICK HERE TO LEARN HOW TO TRADE IT *]( [] [] JEFFRY TURNMIRE’S 30 MINUTES OF AWESOME 🎥 Why Big Tech Still Has Room to Run… and More Algo’s going long and inflation data updates this week. On tonight’s [“30 Minutes of Awesome”]( I’ll share my view and how it relates to the stock market. And what you can do about it. As always, I’ll also take your requests! See you this evening at 5pm ET [right here](. [] [] [] APR 11 2023 Housing Heating Up + 30 Minutes of Awesome Coming Right Up [] [] SCOTT WELSH Ready to Breakout As we recently talked about, housing is hot right now. Which seems kind of weird. Aren’t mortgage rates rising? Aren’t we about five minutes from a horrible recession? Aren’t housing prices already too high? Yes, probably, and yes. But we don’t live in a sensical trading world right now. Up is down and down is up. Trying to make sense of every trade could make our brains explode and miss trades. Studies show it’s 62% more difficult to trade with an exploded brain. So, in times like this, we need to put more weight on the charts. And the charts say housing is scorching. Take, DR Horton ([DHI](. It’s above the long-term moving average and it’s breaking above resistance (and breaking out of the famous cup-and-handle formation). It could be an entry above $100.60: [] And don’t forget about its cohort, PulteGroup, Inc. ([PHM]( [] PHM is looking similar and is also near a possible breakout entry point ($60.90). Housing has a lot of momentum right now. It might be smart to listen to what the charts are telling us. Happy trading, Scott [] [] DON YOCHAM Can’t-Miss “Roundtable” Tomorrow, 11am ET! Have bank liquidity concerns drifted into the background? Three weeks to the next Fed meeting and Fed Futures are still favoring a 25 bps hike with a 69.8% likelihood. [] Then a pause in June and rate cuts priced in for July. What the markets expect is one thing. But Garrett {NAME}, Jack Carter and I will discuss our expectations for the FOMC’s future rate path and what the Fed could break next at tomorrow’s [“Roundtable”](. Oh…and the Fed’s stress tests [were a joke](. What the Fed will do (and has done) leads naturally to a discussion on deposit flight, yield curve compression, and mostly regional banks borrowing directly from the Fed. Regional banks have been on the receiving end of the most aggressive rate hike in history. Like Buffett said, “when the tide goes out, you get to see who was swimming naked.” Garrett and Jack will help you focus on who kept their trunks on. There’s also an M&A boom spreading through the U.S. oil patch. Oil drillers have made serious bank on lofty oil prices, leaving them with a pile of cash to plow into the U.S. shale drillers. Will they go big or does woke politics – ahem…ESG investing – leave too much risk on the table? [] Find out on tomorrow’s “[Roundtable with Don Yocham]( Oh…and note the new time at 11am ET. Take What the Markets Give You. [] [] Have you heard of The Pattern of Death? Check it out… [] Basically it’s showing VNO moving higher for 5 straight days… Then suddenly, plummeting into the great beyond! [* CLICK HERE TO LEARN HOW TO TRADE IT *]( [] [] JEFFRY TURNMIRE’S 30 MINUTES OF AWESOME 🎥 Why Big Tech Still Has Room to Run… and More Algo’s going long and inflation data updates this week. On tonight’s [“30 Minutes of Awesome”]( I’ll share my view and how it relates to the stock market. And what you can do about it. As always, I’ll also take your requests! See you this evening at 5pm ET [right here](. [] [] [] 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](