A Great Trade From Great Value

[] Anatomy of a Great Trade [View in browser]( [View in browser]( [] DEC 08, 2023 [] [] SCOTT WELSH’S ANATOMY OF A GREAT TRADE When Is Buying Something At 50% Off A Bad Idea? (SPR) Great trades don’t always come from one system or one style of trading. Anyone who tells you there’s only one way is giving you bad information. Yes, great trades come from stocks doing well and then breaking out to new, outstanding highs. But as Mr. Buffett will tell you, Great Trades can also come from picking stocks that are temporarily knocked down. When is buying something at 50% off a bad idea? Almost never. And here’s a recent example. About a month ago, I ran a scan for stocks that are oversold. What does “oversold” mean? In this case, it means the stock is at the lower band of a long-term Bollinger Band™ (length 800, standard deviation 2/-2). One of the stocks on the scan was SPR (Spirit Aerosystems). Here’s the Daily chart: [] On October 16th, the price was at $17.04. It had hit and bounced off the lower band. What was SPR “worth” at the time? For me, fair value was up at the white line at $34.70. If it hit that level, that would be a very nice trade. And, as you can see, SPR has bounced and is hypothetically up over 60% since mid-October. Great trades can come from great value. Don’t let anyone tell you differently. Happy trading, Scott [] [] TOP STORIES TODAY BY PROSPERITY PUB Tour of Financial Follies and Fumbles In today’s roundup, we're globetrotting through a maze of economic conundrums and political pirouettes. From Argentina's president-elect doing the backpedal boogie, Americans grappling with the post-pandemic financial pinch, to the haunting legacy of pandemic-era mortgage rates freezing the U.S. housing market. Join us as we delve into these tales of financial maneuvers, policy backflips, and the eerie aftermath of yesteryear's economic decisions… — The Prosperity Pub Team [] [] [] ___________________________________________________ [] [] DEC 08, 2023 [] [] SCOTT WELSH’S ANATOMY OF A GREAT TRADE When Is Buying Something At 50% Off A Bad Idea? (SPR) Great trades don’t always come from one system or one style of trading. Anyone who tells you there’s only one way is giving you bad information. Yes, great trades come from stocks doing well and then breaking out to new, outstanding highs. But as Mr. Buffett will tell you, Great Trades can also come from picking stocks that are temporarily knocked down. When is buying something at 50% off a bad idea? Almost never. And here’s a recent example. About a month ago, I ran a scan for stocks that are oversold. What does “oversold” mean? In this case, it means the stock is at the lower band of a long-term Bollinger Band™ (length 800, standard deviation 2/-2). One of the stocks on the scan was SPR (Spirit Aerosystems). Here’s the Daily chart: [] On October 16th, the price was at $17.04. It had hit and bounced off the lower band. What was SPR “worth” at the time? For me, fair value was up at the white line at $34.70. If it hit that level, that would be a very nice trade. And, as you can see, SPR has bounced and is hypothetically up over 60% since mid-October. Great trades can come from great value. Don’t let anyone tell you differently. Happy trading, Scott [] [] TOP STORIES TODAY BY PROSPERITY PUB Tour of Financial Follies and Fumbles In today’s roundup, we're globetrotting through a maze of economic conundrums and political pirouettes. From Argentina's president-elect doing the backpedal boogie, Americans grappling with the post-pandemic financial pinch, to the haunting legacy of pandemic-era mortgage rates freezing the U.S. housing market. Join us as we delve into these tales of financial maneuvers, policy backflips, and the eerie aftermath of yesteryear's economic decisions… — 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](