We Called It: S&P Slides To Key Level

[] [View in browser]( [View in browser]( [] AUG 15 2023 [] [] GUY COHEN’S MARKET INSIGHT Another Spot On Week. Find Out What’s Next. Last week, I mentioned the 50 day moving average for the S&P was a likely target, and that has also been the case for the QQQ and IWM. Only the Dow 30 is holding up at this point. As with Stock Selection, Market Timing is not just about one indicator or perspective. It’s about several credible individual sources all conspiring to form a likely logical outcome. The key of course is for those individual sources to be credible — and this is where my platform outperforms. We only deal in logic. So, we’ve had a decline of three indices (and many stocks) and an increase in volatility. All of which we anticipated weeks ago, and with the big telltale sign being the bearish engulfing candle on the SPY from 27th July. Here’s what my indicators are telling me about the major indexes: • S&P 500 - The S&P has now hit its 50-dma where it should find support for a couple of days. • Nasdaq 100 - The QQQ has breached its 50-dma, and I would expect it to consolidate here. • Russell 2000 - The IWM has slid rapidly to within a whisker of its own 50-dma, which I would expect it to breach. • Dow Jones - The DIA is hanging onto its 20-dma in increasingly ragged fashion. Further weakness in the other indices will likely infect the DIA. [Click here to continue reading…]( Follow the money, — Guy Cohen [] [] JEFFRY TURNMIRE The Silent Shift: How Market Volume Dictates Modern Trading The world of trading is constantly evolving. There’s always a new trend, a fresh strategy, or a groundbreaking discovery that captures the attention of traders and investors. But sometimes, the most profound shifts are the ones that happen quietly, almost invisibly. I'd like to talk to you about one such "Silent Shift" that's been reshaping the landscape of modern trading: the decline in market volume. Now, for those of you who've been in the trading game for a while, you'll remember the days when the stock market was a bustling hub of activity. Trades were executed at a frenetic pace, and the volume of stocks changing hands was staggering. But as we've moved into 2023, there's been a noticeable drop in this hustle and bustle. The market, it seems, has gone a bit... quiet. This decline in trading volume isn't just a statistical anomaly; it has profound implications for how we approach trading today. In a high-volume environment, stocks move fluidly, with prices adjusting rapidly to new information. But in a low-volume setting, even minor trades can have outsized impacts on stock prices. It's like trying to navigate a boat in shallow waters; every ripple, every wave has the potential to throw you off course. But here's the silver lining: while this "Silent Shift" presents challenges, it also opens up a world of opportunities for the astute trader. In a low-volume environment, those who can spot the undercurrents, the subtle shifts in supply and demand, can position themselves to make significant gains. It's all about understanding the new dynamics and adapting your strategies accordingly. So, how does one chart a course through the shallow waters of the 2023 stock market? Well, that's precisely where my good friend Lance Ippolito steps in. He's been studying the nuances of this low-volume market and has devised a strategy purpose-built for these times. And here's the exciting part: I’m joining him on a live webinar tomorrow, August 16th @ 4pm Eastern to delve deeper into this topic. If you're intrigued by the challenges and opportunities of the "Silent Shift" or just eager to fine-tune your trading strategies for 2023, I'd recommend you join us tomorrow → [Just click here to save your spot](. In this new era of trading, it's not just about reading the waves, but understanding the depth beneath. Join us, and let's navigate these waters together. Hope you get to join us, — Jeffry Turnmire [] [] [] [] [] AUG 15 2023 [] [] GUY COHEN’S MARKET INSIGHT Another Spot On Week. Find Out What’s Next. Last week, I mentioned the 50 day moving average for the S&P was a likely target, and that has also been the case for the QQQ and IWM. Only the Dow 30 is holding up at this point. As with Stock Selection, Market Timing is not just about one indicator or perspective. It’s about several credible individual sources all conspiring to form a likely logical outcome. The key of course is for those individual sources to be credible — and this is where my platform outperforms. We only deal in logic. So, we’ve had a decline of three indices (and many stocks) and an increase in volatility. All of which we anticipated weeks ago, and with the big telltale sign being the bearish engulfing candle on the SPY from 27th July. Here’s what my indicators are telling me about the major indexes: - S&P 500 - The S&P has now hit its 50-dma where it should find support for a couple of days. - Nasdaq 100 - The QQQ has breached its 50-dma, and I would expect it to consolidate here. - Russell 2000 - The IWM has slid rapidly to within a whisker of its own 50-dma, which I would expect it to breach. - Dow Jones - The DIA is hanging onto its 20-dma in increasingly ragged fashion. Further weakness in the other indices will likely infect the DIA. [Click here to continue reading…]( Follow the money, — Guy Cohen [] [] JEFFRY TURNMIRE The Silent Shift: How Market Volume Dictates Modern Trading The world of trading is constantly evolving. There’s always a new trend, a fresh strategy, or a groundbreaking discovery that captures the attention of traders and investors. But sometimes, the most profound shifts are the ones that happen quietly, almost invisibly. I'd like to talk to you about one such "Silent Shift" that's been reshaping the landscape of modern trading: the decline in market volume. Now, for those of you who've been in the trading game for a while, you'll remember the days when the stock market was a bustling hub of activity. Trades were executed at a frenetic pace, and the volume of stocks changing hands was staggering. But as we've moved into 2023, there's been a noticeable drop in this hustle and bustle. The market, it seems, has gone a bit... quiet. This decline in trading volume isn't just a statistical anomaly; it has profound implications for how we approach trading today. In a high-volume environment, stocks move fluidly, with prices adjusting rapidly to new information. But in a low-volume setting, even minor trades can have outsized impacts on stock prices. It's like trying to navigate a boat in shallow waters; every ripple, every wave has the potential to throw you off course. But here's the silver lining: while this "Silent Shift" presents challenges, it also opens up a world of opportunities for the astute trader. In a low-volume environment, those who can spot the undercurrents, the subtle shifts in supply and demand, can position themselves to make significant gains. It's all about understanding the new dynamics and adapting your strategies accordingly. So, how does one chart a course through the shallow waters of the 2023 stock market? Well, that's precisely where my good friend Lance Ippolito steps in. He's been studying the nuances of this low-volume market and has devised a strategy purpose-built for these times. And here's the exciting part: I’m joining him on a live webinar tomorrow, August 16th @ 4pm Eastern to delve deeper into this topic. If you're intrigued by the challenges and opportunities of the "Silent Shift" or just eager to fine-tune your trading strategies for 2023, I'd recommend you join us tomorrow → [Just click here to save your spot](. In this new era of trading, it's not just about reading the waves, but understanding the depth beneath. Join us, and let's navigate these waters together. Hope you get to join us, — Jeffry Turnmire [] [] [] [] [] 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](