Wait, What Year Is It? (BB)

[] [View in browser]( [View in browser]( [] SEPT 05 2023 [] ___________________________________________________ [] SCOTT WELSH’S TICKER TALES Potential Breakout For This Former High Flyer? History never repeats itself, but it rhymes. That’s a famous old phrase, and I’m not quite sure what it means. But I do know I’m getting the feeling it’s 2007 all over again. Back in those glorious times of murky derivatives and owning five houses with no money down, BlackBerry (BB) was all the rage. It was so pervasive for the Wall Street, Master-of-the-Universe types that BlackBerry got a nickname. CrackBerry. Because having a hand-held internet device was so addictive. But then Steve Jobs changed the world. The smartphone addiction got stronger, but BB got weaker. Eventually, Wall Street bought iPhones and everyone forgot about BB. Until now. BB is still a thing and it’s been riding some excellent recent momentum: [] It’s around $5.60 now, but a break above $5.75 could send it soaring. It’s exploded up to the $20 range twice in the past few years. We’ll keep an eye on it. — 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]( at timestamp 20:45. [] ___________________________________________________ [] GUEST POST: JACK CARTER Options Selling: A Shift in Trading Philosophy Options trading isn't just about buying or selling; it's a strategic battle of mindsets — and vastly different outcomes. While we know that both buyers and sellers are integral to the functioning of the market, the mindset and strategies they employ can be as different as night and day. And this distinction becomes even more pronounced in the realm of options trading. At its core, buying options is an exercise in speculation. An options buyer is essentially placing a bet on the future movement of a stock. They hope that by purchasing the right to buy (or sell) a stock at a certain price, the market will move in their favor, allowing them to exercise their option for a profit. This approach is inherently optimistic, with the buyer always on the lookout for the next big opportunity. It's a game of high stakes and potentially high rewards, but also one fraught with uncertainty. (It’s been said that more than 75% of options expire worthless.) By contrast, selling options represents a more calculated and conservative approach. Instead of speculating on where the market might go, options sellers focus on generating consistent income by leveraging the premiums they receive from selling options contracts. This strategy requires an understanding of market dynamics, as well as the patience and knowledge to spot the right opportunities as they present themselves. It's less about chasing the next big thing and more about establishing a steady stream of income. This shift in philosophy also demands a high degree of discipline. Options sellers must resist the temptation to jump on every perceived opportunity. Instead, we need to carefully evaluate each potential trade, considering factors like: • the trend of the stock • the underlying stock's volatility • the option's expiration date • the premium's size It's a methodical process that prioritizes long-term stability over short-term gains. In essence, while options buyers and sellers operate in the same market, our approaches are fundamentally different. Buyers thrive on volatility and the thrill of the chase, while sellers prioritize consistency, discipline, and foresight. Both have their merits, but for my money, options selling is where it’s at. In fact, it’s the primary method I use to trade the markets. Sure, once in a while I’ll throw a little money (and I do mean A LITTLE) into buying a speculative option. But the vast majority of my trading income is based on selling options. And for my big accounts, I use one specific kind of trade. If you're someone with a substantial account you're eager to put to work, I have something special for you. I want to invite you to [watch this video]( where I detail the exact strategy I've honed over decades. It’s the same strategy that has helped me consistently grow my sizable account — with a success rate of over 94%! I believe it's the ideal approach for anyone with a significant portfolio. And if you have large account you want to put to work, I invite you to [click here to learn more about it.]( Trade safe, — Jack Carter [] ___________________________________________________ [] [] ___________________________________________________ [] [] SEPT 05 2023 [] ___________________________________________________ [] SCOTT WELSH’S TICKER TALES Potential Breakout For This Former High Flyer? History never repeats itself, but it rhymes. That’s a famous old phrase, and I’m not quite sure what it means. But I do know I’m getting the feeling it’s 2007 all over again. Back in those glorious times of murky derivatives and owning five houses with no money down, BlackBerry (BB) was all the rage. It was so pervasive for the Wall Street, Master-of-the-Universe types that BlackBerry got a nickname. CrackBerry. Because having a hand-held internet device was so addictive. But then Steve Jobs changed the world. The smartphone addiction got stronger, but BB got weaker. Eventually, Wall Street bought iPhones and everyone forgot about BB. Until now. BB is still a thing and it’s been riding some excellent recent momentum: [] It’s around $5.60 now, but a break above $5.75 could send it soaring. It’s exploded up to the $20 range twice in the past few years. We’ll keep an eye on it. — 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]( at timestamp 20:45. [] ___________________________________________________ [] GUEST POST: JACK CARTER Options Selling: A Shift in Trading Philosophy Options trading isn't just about buying or selling; it's a strategic battle of mindsets — and vastly different outcomes. While we know that both buyers and sellers are integral to the functioning of the market, the mindset and strategies they employ can be as different as night and day. And this distinction becomes even more pronounced in the realm of options trading. At its core, buying options is an exercise in speculation. An options buyer is essentially placing a bet on the future movement of a stock. They hope that by purchasing the right to buy (or sell) a stock at a certain price, the market will move in their favor, allowing them to exercise their option for a profit. This approach is inherently optimistic, with the buyer always on the lookout for the next big opportunity. It's a game of high stakes and potentially high rewards, but also one fraught with uncertainty. (It’s been said that more than 75% of options expire worthless.) By contrast, selling options represents a more calculated and conservative approach. Instead of speculating on where the market might go, options sellers focus on generating consistent income by leveraging the premiums they receive from selling options contracts. This strategy requires an understanding of market dynamics, as well as the patience and knowledge to spot the right opportunities as they present themselves. It's less about chasing the next big thing and more about establishing a steady stream of income. This shift in philosophy also demands a high degree of discipline. Options sellers must resist the temptation to jump on every perceived opportunity. Instead, we need to carefully evaluate each potential trade, considering factors like: - the trend of the stock - the underlying stock's volatility - the option's expiration date - the premium's size It's a methodical process that prioritizes long-term stability over short-term gains. In essence, while options buyers and sellers operate in the same market, our approaches are fundamentally different. Buyers thrive on volatility and the thrill of the chase, while sellers prioritize consistency, discipline, and foresight. Both have their merits, but for my money, options selling is where it’s at. In fact, it’s the primary method I use to trade the markets. Sure, once in a while I’ll throw a little money (and I do mean A LITTLE) into buying a speculative option. But the vast majority of my trading income is based on selling options. And for my big accounts, I use one specific kind of trade. If you're someone with a substantial account you're eager to put to work, I have something special for you. I want to invite you to [watch this video]( where I detail the exact strategy I've honed over decades. It’s the same strategy that has helped me consistently grow my sizable account — with a success rate of over 94%! I believe it's the ideal approach for anyone with a significant portfolio. And if you have large account you want to put to work, I invite you to [click here to learn more about it.]( Trade safe, — Jack Carter [] ___________________________________________________ [] [] ___________________________________________________ [] [] 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](