Early Warning: This Market Needs a Breather

[] [View in browser]( [View in browser]( [] DEC 18, 2023 [] [] GUY COHEN’S MARKET MOVERS Don't Chase In This Market Despite a remarkable bullish run, early warning signs suggest the market needs a breather. A high number of overextended reversal signals (and stocks in general) warrant caution. Quality opportunities around Key Levels may be limited, but 2024 holds promise. In the event of a confirmed market high, there could be a retracement to Key Levels or thereabouts, creating new opportunities. Resist the urge to chase already overextended issues; stick to our proven plan discussed at the Stocks Summit. Our method and time-saving tools continue to yield success for members. Here is this week’s watchlist: [] Follow the money, — Guy Cohen [] [] “Nobody goes there anymore, its too crowded” If you ever thought it was too late to make money on Apple stock… (and you missed out as AAPL doubled… and then doubled again!) This could be the most important presentation you see all year. [Register for The Perfect Apple Trade now!]( [] [] TOP STORIES TODAY BY PROSPERITY PUB Economic Twists and Turns Hold onto your hats, financial enthusiasts and casual observers alike! We're diving into a trio of tales that tackle the rollercoaster ride of today's economy. From Twitter's financial fumbles to the mysterious case of America's 'recession perception,' and the bumpy road of the auto loan crisis, we're unpacking the good, the bad, and the downright quirky of our economic landscape. Sit back and enjoy the ride through these surprising — yet all too relatable — economic adventures! — The Prosperity Pub Team • • • • • • • • • • • • • "I swear bro, you won't lose a single penny."💰📉 Picture this: Elon Musk, in his latest financial escapade, assures big banks they won't lose a dime on his $13 billion Twitter takeover. Fast forward, and those banks are staring down serious losses, with Twitter's value plummeting under Musk's reign. Musk's assurances, more informal than a tweet, left lenders like Morgan Stanley and Bank of America hanging. No contracts, just a billionaire's word, which given his track record, is as solid as a sandcastle at high tide. Now, with Twitter's value nosediving and Musk's antics alienating advertisers, banks face a dilemma. They’re saddled with debt that’s about as appealing to investors as a sinking ship. Wall Street's response? A resounding "no thanks" to buying that debt, even at bargain prices. So, the banks are holding onto this hot potato, hoping 'X' marks the spot for a Musk-led turnaround. Meanwhile, Musk's recent escapades, from loose content moderation to hurling expletives at boycotting brands, have done little to inspire confidence. The bottom line? In the end, Musk's Twitter tale is shaping up to be a classic case of high risk with an elusive reward. It turns out, even the richest guy in the room can't always turn tweets into gold. • • • • • • • • • • • • • Carmageddon: The Auto Loan Crisis Revs Up🚗💥 Buckle up, folks! The auto loan industry is cruising towards a cliff. With sky-high prices and astronomical interest rates, buying a car is like trying to afford a spaceship. The average new car payment? A whopping $736 a month! And if you think that's steep, some are shelling out over $1,000 monthly. It's the perfect storm: rising rates, ballooning costs, and a sprinkle of economic uncertainty. Younger generations are getting hit the hardest, with delinquency rates for 18-29-year-olds at a worrying 3.59%. It's like trying to win a race with a flat tire. The increase in auto loan defaults isn't just a bump in the road; it's an indicator that we might be heading towards an affordability apocalypse. The twist? Even as wholesale used car prices start to dip, the sticker shock at dealerships isn't easing up. It's like waiting for a sale that never comes. The Federal Reserve, meanwhile, is turning the screws on interest rates, so borrowing money for a car is only going to get pricier. Add in the cost of already squeezed daily budgets, and it's no wonder buyers are pumping the brakes on new car purchases. In short: Navigating the car loan jungle in 2023 is like playing financial Jenga. Buyers need to eyeball those loan agreements like a detective on a caffeine binge. Think Sherlock Holmes meets your budget planner. With prices and interest rates dancing up the charts, every car deal's a big-league decision. So, sharpen your pencils and pull out those calculators, because auto loan rates, amped up by our wobbly economy, aren't hitting the brakes anytime soon. • • • • • • • • • • • • • Recession or Perception: America's Economic Rorschach Test 💵🧪 Step right up to America's latest guessing game: "Is It a Recession, or Does It Just Feel Like One?" According to a Bankrate survey, a staggering 59% of Americans are convinced we're wading through economic quicksand, recession or not. Whether it's the high rollers earning over $100K or the under $50K crowd, about 60% are united in their economic gloom. Gen X is leading the pack with 65% believing we're in a recession, followed by millennials, baby boomers, and Gen Z. It seems having kids amplifies this sentiment, with 66% of parents with young ones echoing this belief. Here's the twist: Half of Americans report their finances have taken a nosedive since 2020, and two-thirds say the current economic storm — think rising interest rates and rampant inflation — has ransacked their piggy banks. It's not just about number crunching; it's personal. When wallets get thinner, 64% start changing their financial habits, jumping to 81% among the recession believers. Bankrate's Sarah Foster points out, "Americans are using a different yardstick than experts." It's less about GDP and more about "can I still afford Netflix?" The economic Rorschach test is real, and while experts debate over technicalities, everyday folks are busy tallying their grocery bills. In this game, it's not just about what's on paper; it's what's left in the bank. [] [] [] ___________________________________________________ [] [] DEC 18, 2023 [] [] GUY COHEN’S MARKET MOVERS Don't Chase In This Market Despite a remarkable bullish run, early warning signs suggest the market needs a breather. A high number of overextended reversal signals (and stocks in general) warrant caution. Quality opportunities around Key Levels may be limited, but 2024 holds promise. In the event of a confirmed market high, there could be a retracement to Key Levels or thereabouts, creating new opportunities. Resist the urge to chase already overextended issues; stick to our proven plan discussed at the Stocks Summit. Our method and time-saving tools continue to yield success for members. Here is this week’s watchlist: [] Follow the money, — Guy Cohen [] [] “Nobody goes there anymore, its too crowded” If you ever thought it was too late to make money on Apple stock… (and you missed out as AAPL doubled… and then doubled again!) This could be the most important presentation you see all year. [Register for The Perfect Apple Trade now!]( [] [] TOP STORIES TODAY BY PROSPERITY PUB Economic Twists and Turns Hold onto your hats, financial enthusiasts and casual observers alike! We're diving into a trio of tales that tackle the rollercoaster ride of today's economy. From Twitter's financial fumbles to the mysterious case of America's 'recession perception,' and the bumpy road of the auto loan crisis, we're unpacking the good, the bad, and the downright quirky of our economic landscape. Sit back and enjoy the ride through these surprising — yet all too relatable — economic adventures! — The Prosperity Pub Team • • • • • • • • • • • • • "I swear bro, you won't lose a single penny."💰📉 Picture this: Elon Musk, in his latest financial escapade, assures big banks they won't lose a dime on his $13 billion Twitter takeover. Fast forward, and those banks are staring down serious losses, with Twitter's value plummeting under Musk's reign. Musk's assurances, more informal than a tweet, left lenders like Morgan Stanley and Bank of America hanging. No contracts, just a billionaire's word, which given his track record, is as solid as a sandcastle at high tide. Now, with Twitter's value nosediving and Musk's antics alienating advertisers, banks face a dilemma. They’re saddled with debt that’s about as appealing to investors as a sinking ship. Wall Street's response? A resounding "no thanks" to buying that debt, even at bargain prices. So, the banks are holding onto this hot potato, hoping 'X' marks the spot for a Musk-led turnaround. Meanwhile, Musk's recent escapades, from loose content moderation to hurling expletives at boycotting brands, have done little to inspire confidence. The bottom line? In the end, Musk's Twitter tale is shaping up to be a classic case of high risk with an elusive reward. It turns out, even the richest guy in the room can't always turn tweets into gold. • • • • • • • • • • • • • Carmageddon: The Auto Loan Crisis Revs Up🚗💥 Buckle up, folks! The auto loan industry is cruising towards a cliff. With sky-high prices and astronomical interest rates, buying a car is like trying to afford a spaceship. The average new car payment? A whopping $736 a month! And if you think that's steep, some are shelling out over $1,000 monthly. It's the perfect storm: rising rates, ballooning costs, and a sprinkle of economic uncertainty. Younger generations are getting hit the hardest, with delinquency rates for 18-29-year-olds at a worrying 3.59%. It's like trying to win a race with a flat tire. The increase in auto loan defaults isn't just a bump in the road; it's an indicator that we might be heading towards an affordability apocalypse. The twist? Even as wholesale used car prices start to dip, the sticker shock at dealerships isn't easing up. It's like waiting for a sale that never comes. The Federal Reserve, meanwhile, is turning the screws on interest rates, so borrowing money for a car is only going to get pricier. Add in the cost of already squeezed daily budgets, and it's no wonder buyers are pumping the brakes on new car purchases. In short: Navigating the car loan jungle in 2023 is like playing financial Jenga. Buyers need to eyeball those loan agreements like a detective on a caffeine binge. Think Sherlock Holmes meets your budget planner. With prices and interest rates dancing up the charts, every car deal's a big-league decision. So, sharpen your pencils and pull out those calculators, because auto loan rates, amped up by our wobbly economy, aren't hitting the brakes anytime soon. • • • • • • • • • • • • • Recession or Perception: America's Economic Rorschach Test 💵🧪 Step right up to America's latest guessing game: "Is It a Recession, or Does It Just Feel Like One?" According to a Bankrate survey, a staggering 59% of Americans are convinced we're wading through economic quicksand, recession or not. Whether it's the high rollers earning over $100K or the under $50K crowd, about 60% are united in their economic gloom. Gen X is leading the pack with 65% believing we're in a recession, followed by millennials, baby boomers, and Gen Z. It seems having kids amplifies this sentiment, with 66% of parents with young ones echoing this belief. Here's the twist: Half of Americans report their finances have taken a nosedive since 2020, and two-thirds say the current economic storm — think rising interest rates and rampant inflation — has ransacked their piggy banks. It's not just about number crunching; it's personal. When wallets get thinner, 64% start changing their financial habits, jumping to 81% among the recession believers. Bankrate's Sarah Foster points out, "Americans are using a different yardstick than experts." It's less about GDP and more about "can I still afford Netflix?" The economic Rorschach test is real, and while experts debate over technicalities, everyday folks are busy tallying their grocery bills. In this game, it's not just about what's on paper; it's what's left in the bank. [] [] [] ___________________________________________________ [] [] 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](