A Bank Collapse and A Separate $40 Billion Loss

[] [View in browser]( [View in browser]( [] NOV 06, 2023 [] [] JEFFRY TURNMIRE'S MORNING MONSTER Citizens Bank Collapses and JP Morgan Loses $40,000,000,000 For months, Jeffry’s been telling us that the banking crisis is not over. And this past Friday, Citizens Bank quietly went belly up… Meanwhile JP Morgan (JPM) quietly disclosed a $40,000,000,000 loss. In other news, about 1000 companies report earnings this week. Chief among them: UBER, BRK.B, RIVN, RBLX, AMC and more … Plus, as always, we have stocks popping and dropping so come find out what Jeffry sees as today’s highest-probability opportunities. [Click here to watch now!](. Never miss an episode of Morning Monster… You can be notified automatically on your phone, tablet or computer every time Jeffry goes live when you [subscribe for FREE]( to his YouTube channel! [] [] JEFFRY TURNMIRE’S MARKET MUSINGS The Elephant In The Room We should have seen it coming a mile away. Why do they always have names that so easily lend themselves to fraud? Bernie Madoff... "Made off" with the money. Sam Bankman-Fried… becomes "Sam Bank Man Fraud." Just to bring you up to speed, SBF, as he has come to be known used to run FTX one of the largest Bitcoin exchanges. Until it collapsed in epic fashion late last year. After being found guilty last week, SBF is going to be in jail for a long time. No matter what Jim Cramer says: [] Side rant: How wrong can you be and still be relevant? If you're not up to speed, Jim Cramer has made some epically bad calls throughout his career. Not the least of which was days before Bear Stearns' collapse: "Bear Stearns is fine! … Bear Stearns is not in trouble ... Don't move your money from Bear! That's just silly! Don't be silly!" If you ever wondered why I rail against talking heads on TV... that's why! In any case, back to SBF’s conviction: Yes, he still has appeals left. But it's plain to see. He stole people's money. I think he was just arrogant. The money was so big, so fast. Don't use people's money. Don't manipulate people. During the trial, the people that worked for him burned him down. If you watched the trial, one of the craziest things is that prosecutors used all the interviews he did after FTX’s collapse against him. Epically dumb. Don't do dumb stuff with other people's money. And don't trust talking heads on TV. Trust your instincts, be cautious with your investments, and don't let the allure of quick gains blind you to the risks. And as for those TV pundits, well, maybe it's time to turn down the volume and rely on research you can see and verify. Like the stuff I bring you every day. I even say it at the start of all my broadcasts: Don’t do anything I say. Watch, listen, keep track and in time you’ll see that I tend to be right more often than I’m wrong. Your financial future is too important to be left to the whims of talking heads. — Jeffry Turnmire [] [] [] ___________________________________________________ [] [] NOV 06, 2023 [] [] JEFFRY TURNMIRE'S MORNING MONSTER Citizens Bank Collapses and JP Morgan Loses $40,000,000,000 For months, Jeffry’s been telling us that the banking crisis is not over. And this past Friday, Citizens Bank quietly went belly up… Meanwhile JP Morgan (JPM) quietly disclosed a $40,000,000,000 loss. In other news, about 1000 companies report earnings this week. Chief among them: UBER, BRK.B, RIVN, RBLX, AMC and more … Plus, as always, we have stocks popping and dropping so come find out what Jeffry sees as today’s highest-probability opportunities. [Click here to watch now!](. Never miss an episode of Morning Monster… You can be notified automatically on your phone, tablet or computer every time Jeffry goes live when you [subscribe for FREE]( to his YouTube channel! [] [] JEFFRY TURNMIRE’S MARKET MUSINGS The Elephant In The Room We should have seen it coming a mile away. Why do they always have names that so easily lend themselves to fraud? Bernie Madoff... "Made off" with the money. Sam Bankman-Fried… becomes "Sam Bank Man Fraud." Just to bring you up to speed, SBF, as he has come to be known used to run FTX one of the largest Bitcoin exchanges. Until it collapsed in epic fashion late last year. After being found guilty last week, SBF is going to be in jail for a long time. No matter what Jim Cramer says: [] Side rant: How wrong can you be and still be relevant? If you're not up to speed, Jim Cramer has made some epically bad calls throughout his career. Not the least of which was days before Bear Stearns' collapse: "Bear Stearns is fine! … Bear Stearns is not in trouble ... Don't move your money from Bear! That's just silly! Don't be silly!" If you ever wondered why I rail against talking heads on TV... that's why! In any case, back to SBF’s conviction: Yes, he still has appeals left. But it's plain to see. He stole people's money. I think he was just arrogant. The money was so big, so fast. Don't use people's money. Don't manipulate people. During the trial, the people that worked for him burned him down. If you watched the trial, one of the craziest things is that prosecutors used all the interviews he did after FTX’s collapse against him. Epically dumb. Don't do dumb stuff with other people's money. And don't trust talking heads on TV. Trust your instincts, be cautious with your investments, and don't let the allure of quick gains blind you to the risks. And as for those TV pundits, well, maybe it's time to turn down the volume and rely on research you can see and verify. Like the stuff I bring you every day. I even say it at the start of all my broadcasts: Don’t do anything I say. Watch, listen, keep track and in time you’ll see that I tend to be right more often than I’m wrong. Your financial future is too important to be left to the whims of talking heads. — 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](