Bounce... Bounce... and Away It Goes. (V)

[] [View in browser]( [View in browser]( [] NOV 16, 2023 [] [] SCOTT WELSH’S TICKER TALES Visa Getting Ready For Takeoff? The market is pulling back today. It appears that the over-exuberance about what the Fed may or may not do was maybe a little too over-the-top. But then again, there are many companies who are charging toward possible breakout points and new all time highs. Visa is one of those stocks. [] Since late October, V has been on a tear. It bounced off a double-bottom pattern and has barely looked back since. A break above $250.06 would be a new high and could lead to a big run for this resilient stock that’s held up well when many stocks didn’t. 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]( starting at timestamp 20:45. [] [] JEFFRY TURNMIRE’S MARKET MUSINGS Stairway To Success Uhoh! Bitcoin’s down almost 5% over the past 5 days: [] It’s down over 5% in just the past 20 hours. What is it? Bitcoin. No matter your stance on the matter, lots of folks are gloating over today’s Bitcoin slump. Forget the doomsday headlines. Because this is Bitcoin’s performance over the past month: [] And this is what it’s done over the past year: [] Despite what I’m saying, I’m not here to pump Bitcoin up. I’m simply here to deliver some truth — and a counterpunch to a lot of mainstream talking heads. Like this Cramer guy who just 4 weeks ago predicted Bitcoin was about to go down… [] Right before it made a huge 41% gain. I can’t make this stuff up. My point is that as savvy investors, we have to learn how to turn out the noise and focus on the long game. There’s a couple of big things happening in Bitcoin right now, but you wouldn’t know it if you listen to Jim Cramer… Or the people bashing Bitcoin every time it drops a few points… One of those big events is the Bitcoin halving. In the world of Bitcoin, the halving is when the reward for mining a block of Bitcoin is cut in half. It's not time-based — rather, it takes place after a set number of Bitcoin blocks are mined. And the great thing about the halving is that 3 halvings have happened before already. The next halving is currently projected for mid-April 2024. Here’s Why It Matters Supply and demand – it's a simple concept. When the supply of something as sought-after as Bitcoin halves, what do you think happens to its value? You guessed it: it has the potential to skyrocket. This isn't just speculation; it's a pattern we've seen play out time and again. In the 3 halvings we’ve already seen, we’re able to identify some consistent behavior that happens around every halving. In short, the value of Bitcoin tends to skyrocket in both the year before the halving… and the year after the halving. That means between now roughly April 2025, we should see some pretty incredible out of Bitcoin. And I’m not just blabbing here. I’m so convinced we’re right at the precipice of a tremendous Bitcoin Bull Run, that I’ve invested a significant portion of my family’s money in Bitcoin and Bitcoin-related plays. So, while the world fixates on short-term fluctuations, I'm looking at the bigger picture. Bitcoin's journey is far from over, and the next chapter looks more exciting than ever. — Jeffry Turnmire [] [] [] ___________________________________________________ [] [] NOV 16, 2023 [] [] SCOTT WELSH’S TICKER TALES Visa Getting Ready For Takeoff? The market is pulling back today. It appears that the over-exuberance about what the Fed may or may not do was maybe a little too over-the-top. But then again, there are many companies who are charging toward possible breakout points and new all time highs. Visa is one of those stocks. [] Since late October, V has been on a tear. It bounced off a double-bottom pattern and has barely looked back since. A break above $250.06 would be a new high and could lead to a big run for this resilient stock that’s held up well when many stocks didn’t. 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]( starting at timestamp 20:45. [] [] JEFFRY TURNMIRE’S MARKET MUSINGS Stairway To Success Uhoh! Bitcoin’s down almost 5% over the past 5 days: [] It’s down over 5% in just the past 20 hours. What is it? Bitcoin. No matter your stance on the matter, lots of folks are gloating over today’s Bitcoin slump. Forget the doomsday headlines. Because this is Bitcoin’s performance over the past month: [] And this is what it’s done over the past year: [] Despite what I’m saying, I’m not here to pump Bitcoin up. I’m simply here to deliver some truth — and a counterpunch to a lot of mainstream talking heads. Like this Cramer guy who just 4 weeks ago predicted Bitcoin was about to go down… [] Right before it made a huge 41% gain. I can’t make this stuff up. My point is that as savvy investors, we have to learn how to turn out the noise and focus on the long game. There’s a couple of big things happening in Bitcoin right now, but you wouldn’t know it if you listen to Jim Cramer… Or the people bashing Bitcoin every time it drops a few points… One of those big events is the Bitcoin halving. In the world of Bitcoin, the halving is when the reward for mining a block of Bitcoin is cut in half. It's not time-based — rather, it takes place after a set number of Bitcoin blocks are mined. And the great thing about the halving is that 3 halvings have happened before already. The next halving is currently projected for mid-April 2024. Here’s Why It Matters Supply and demand – it's a simple concept. When the supply of something as sought-after as Bitcoin halves, what do you think happens to its value? You guessed it: it has the potential to skyrocket. This isn't just speculation; it's a pattern we've seen play out time and again. In the 3 halvings we’ve already seen, we’re able to identify some consistent behavior that happens around every halving. In short, the value of Bitcoin tends to skyrocket in both the year before the halving… and the year after the halving. That means between now roughly April 2025, we should see some pretty incredible out of Bitcoin. And I’m not just blabbing here. I’m so convinced we’re right at the precipice of a tremendous Bitcoin Bull Run, that I’ve invested a significant portion of my family’s money in Bitcoin and Bitcoin-related plays. So, while the world fixates on short-term fluctuations, I'm looking at the bigger picture. Bitcoin's journey is far from over, and the next chapter looks more exciting than ever. — 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](