Cruising Time for Royal Caribbean

[] [View in browser]( [View in browser]( [] NOV 28, 2023 [] [] SCOTT WELSH’S TICKER TALES RCL Ready To Set Sail? The market has been on a tear the past four weeks. Why? Because the Fed may be done raising rates? Why? Because inflation appears to be under control. And if inflation is under control, what does that mean? More spending from consumers. And more trips on cruises. Royal Caribbean (RCL) has been showing a lot of strength lately, and now it’s nearing a breakout point: [] A surge above $110.30 could lead to a big run. We’ll keep it on our radar. — 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. [] [] PROSPERITY PUB MARKET TALK The Mighty American Shopper: What Black Friday Tells Us Inflation? Tough times? You wouldn’t know it by looking at Black Friday numbers. They didn’t just do well; they knocked it out of the park. It's like American shoppers looked at inflation and said, "Nice try, but you're not stopping us." This shopping spree is happening right when the Fed's trying to calm down those rising prices. They've been hiking up interest rates to cool things off, but recently they hit the pause button. Maybe they're thinking, "Hey, things might not be as shaky as we thought." But don't get too comfy yet. The Fed's also been dropping hints that they might keep interest rates high for a while. They might be hedging. Or maybe they’re just realizing we’re not out of the woods yet, so it’s worth still keeping their guard up. What's fascinating here is how strong consumer spending is, despite everything that’s happened with the economy in the past few years. It's not just about folks buying stuff; it's about showing that the economy still has some solid ground under it. Of course, this spending spree might be fueled by savings from lockdown days or maybe even credit cards getting a workout. So, it's important to keep an eye on how this all unfolds, especially with the Fed playing this high-stakes game of balancing inflation and economic growth. In a nutshell, American shoppers are proving they’ve got plenty of firepower left. But the journey ahead could still have a few bumps. With the Fed watching over the economy like a hawk, the way we spend and save could really shape things up in the coming year. — The Prosperity Pub Team [] [] [] ___________________________________________________ [] [] NOV 28, 2023 [] [] SCOTT WELSH’S TICKER TALES RCL Ready To Set Sail? The market has been on a tear the past four weeks. Why? Because the Fed may be done raising rates? Why? Because inflation appears to be under control. And if inflation is under control, what does that mean? More spending from consumers. And more trips on cruises. Royal Caribbean (RCL) has been showing a lot of strength lately, and now it’s nearing a breakout point: [] A surge above $110.30 could lead to a big run. We’ll keep it on our radar. — 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. [] [] PROSPERITY PUB MARKET TALK The Mighty American Shopper: What Black Friday Tells Us Inflation? Tough times? You wouldn’t know it by looking at Black Friday numbers. They didn’t just do well; they knocked it out of the park. It's like American shoppers looked at inflation and said, "Nice try, but you're not stopping us." This shopping spree is happening right when the Fed's trying to calm down those rising prices. They've been hiking up interest rates to cool things off, but recently they hit the pause button. Maybe they're thinking, "Hey, things might not be as shaky as we thought." But don't get too comfy yet. The Fed's also been dropping hints that they might keep interest rates high for a while. They might be hedging. Or maybe they’re just realizing we’re not out of the woods yet, so it’s worth still keeping their guard up. What's fascinating here is how strong consumer spending is, despite everything that’s happened with the economy in the past few years. It's not just about folks buying stuff; it's about showing that the economy still has some solid ground under it. Of course, this spending spree might be fueled by savings from lockdown days or maybe even credit cards getting a workout. So, it's important to keep an eye on how this all unfolds, especially with the Fed playing this high-stakes game of balancing inflation and economic growth. In a nutshell, American shoppers are proving they’ve got plenty of firepower left. But the journey ahead could still have a few bumps. With the Fed watching over the economy like a hawk, the way we spend and save could really shape things up in the coming year. — The Prosperity Pub Team [] [] [] ___________________________________________________ [] [] 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](