[] [View in browser]( [View in browser]( [] JULY 24 2023 [] [] GUY COHEN’S MARKET MOVERS
Earnings Could Give Us A Surprise The major indices remain overbought in terms of price, but there is still scope for upside in terms of breadth. With six of the big seven tech giants still to report, there’s room for surprises and one final push up. Keep things simple and trade what you see. For us that means focus only on the Big Money Footprints in the context of our three Master Keys. Avoid opinions and only trade the AAA setups breaking out from Key Levels. Here is this week’s watchlist: [] Follow the money, — Guy Cohen [] [] JEFFRY TURNMIRE
Overcoming The Herd Instinct (plus two free trade ideas) "The herd instinct in the stock market is as powerful as it is among cattle on the range."
- Jesse Livermore
The Herd Instinct in Trading All too often traders act like cattle. They get into trades that they heard from a friend of a friend. Or from talking heads on TV. They see the herd moving in one direction and they follow blindly. But this is a recipe for disaster. The best trades are found by going against the herd — when everyone things it’s a bad idea. In other words, trade like a contrarian. But what does it mean to trade contrarian? It means to buy when everyone else is selling and sell when everyone else is buying. It's not easy to do, but it can be very rewarding. But you don’t want to blindly go against the crowd either, because as John Maynard Keynes famously said: "The market can stay irrational longer than you can stay solvent." So what’s the solution? If only a tool existed that was able to identify when the herd was about to turn. Over the past few days I’ve told you about such a tool. One that I spent over a year designing and coding myself. I call it the VVD indicator and it works by measuring price and volume. But not just regular volume. It actually determines the number of market participants that are driving the price higher. So, for example, when it spots the price rising, but the number of market participants decreasing, BOOM. That’s what I call a “divergence”. Divergences are a powerful signal that a trend is about to reverse and it’s what my VVD indicator is based on. Just on Friday I released it for a beta test and already more than 75% of our beta tester slots are taken. If you’d like to be one of the last few folks to get in on this beta test, [click here to fill out your details](. So if the herd instinct has worked against you in the past and you’re looking for some help overcoming that, consider joining my VVD beta test group. But if you’re not ready to jump in just yet, no problem. I’ve got two freebies for you that just triggered on the indicator this morning: One bearish one on AAPL: Target = 188.67
Stop = 194.92 [] And one bullish one on AMZN: Target = 134.45
Stop = 128.42 [] Hope you consider joining me, — Jeffry Turnmire PS. Becoming a beta tester also gets you lifetime access to my famous Discord channel, #trader-talk. That’s where I’m constantly posting more trade ideas (not specifically tied to VVD) and answering all questions about charts, your favorite stocks and more. Plus, the community of other traders in there is worth it all on its own. Those folks make Discord an indispensable resource — And you’ll get lifetime access when you [join the VVD indicator beta test right here](. [] [] [] [] [] JULY 24 2023 [] [] GUY COHEN’S MARKET MOVERS
Earnings Could Give Us A Surprise The major indices remain overbought in terms of price, but there is still scope for upside in terms of breadth. With six of the big seven tech giants still to report, there’s room for surprises and one final push up. Keep things simple and trade what you see. For us that means focus only on the Big Money Footprints in the context of our three Master Keys. Avoid opinions and only trade the AAA setups breaking out from Key Levels. Here is this week’s watchlist: [] Follow the money, — Guy Cohen [] [] JEFFRY TURNMIRE
Overcoming The Herd Instinct (plus two free trade ideas) "The herd instinct in the stock market is as powerful as it is among cattle on the range."
- Jesse Livermore
The Herd Instinct in Trading All too often traders act like cattle. They get into trades that they heard from a friend of a friend. Or from talking heads on TV. They see the herd moving in one direction and they follow blindly. But this is a recipe for disaster. The best trades are found by going against the herd — when everyone things it’s a bad idea. In other words, trade like a contrarian. But what does it mean to trade contrarian? It means to buy when everyone else is selling and sell when everyone else is buying. It's not easy to do, but it can be very rewarding. But you don’t want to blindly go against the crowd either, because as John Maynard Keynes famously said: "The market can stay irrational longer than you can stay solvent." So what’s the solution? If only a tool existed that was able to identify when the herd was about to turn. Over the past few days I’ve told you about such a tool. One that I spent over a year designing and coding myself. I call it the VVD indicator and it works by measuring price and volume. But not just regular volume. It actually determines the number of market participants that are driving the price higher. So, for example, when it spots the price rising, but the number of market participants decreasing, BOOM. That’s what I call a “divergence”. Divergences are a powerful signal that a trend is about to reverse and it’s what my VVD indicator is based on. Just on Friday I released it for a beta test and already more than 75% of our beta tester slots are taken. If you’d like to be one of the last few folks to get in on this beta test, [click here to fill out your details](. So if the herd instinct has worked against you in the past and you’re looking for some help overcoming that, consider joining my VVD beta test group. But if you’re not ready to jump in just yet, no problem. I’ve got two freebies for you that just triggered on the indicator this morning: One bearish one on AAPL: Target = 188.67
Stop = 194.92 [] And one bullish one on AMZN: Target = 134.45
Stop = 128.42 [] Hope you consider joining me, — Jeffry Turnmire PS. Becoming a beta tester also gets you lifetime access to my famous Discord channel, #trader-talk. That’s where I’m constantly posting more trade ideas (not specifically tied to VVD) and answering all questions about charts, your favorite stocks and more. Plus, the community of other traders in there is worth it all on its own. Those folks make Discord an indispensable resource — And you’ll get lifetime access when you [join the VVD indicator beta test 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](
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[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](