This Magnificent 7 Member Now Has A Good Entry Point

[] [View in browser]( [View in browser]( [] JAN 04, 2024 [] [] SCOTT WELSH’S TICKER TALES Magnificent Opportunity on MSFT In our last post, we saw that the trillion dollar superstar AAPL had pulled back and has actually become a breakout candidate. It’s not often that we get opportunities on magnificent stocks. And now we have another one. Microsoft (MSFT) has made a slight pullback as the Fed minutes have drained the fun out of everyone’s trading account thus far in 2024. But this Magnificent 7 member now has a good entry point. Here’s the chart: [] The pullback is mild but the sideways action is typical for a rocketship stock that’s getting ready to blast off again. A break above $384.30 would have no overhead supply to hold it back. And it could lead to another big move. 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. [] [] Gold's 2024 Supercycle: Your Chance to Shine! The 2024 Gold Supercycle is underway and one trader has a unique opportunity to trade gold smarter, not harder! It's all about leveraging powerful market cycles right from your regular brokerage account. Ready to elevate your gold trading strategy? [Harness The Potential Of The Upcoming Gold Supercycle!]( [] [] PROSPERITY PUB MARKET TALK Semiconductors Riding the Next Tech Wave 2024 is shaping up to be a year where AI and custom chips are set to redefine the tech landscape. Gone are the days when sheer power was the name of the game; now, it's about intelligence and specificity. Nvidia is at the forefront of this evolution, crafting chips that are not just powerful but also smart. These semiconductors are the driving force behind a range of applications, from autonomous vehicles to intelligent home appliances. Colette Kress, Nvidia's CFO, is leading the charge, ensuring the company stays ahead in the supply chain race. AMD is another key player in this unfolding saga. With their sights set on a $400 billion market by 2027, AMD's Instinct MI300X chip has caught the attention of tech giants like Meta Platforms and Microsoft. It's a testament to AMD's strategic positioning in the AI-integrated chip market. Micron, known for its command over the DRAM market, is also making strategic moves. The US-China trade embargo is a critical factor for them, given their significant market share in China. Intel, traditionally a powerhouse in the semiconductor industry, is now racing to bridge the technology gap with its global competitors. Their focus is on the development of the 2nm chips, with the 18A node chip expected to be a major breakthrough when it launches in late 2024. But the semiconductor narrative isn't just about these tech titans. Companies like Arm Holdings, ASE Technology, TSMC, ASML, and Broadcom are all contributing to the changing dynamics of the industry. Each brings unique strengths and strategies to the semiconductor sector, influencing everything from management structures to stock valuations. Memory chips, particularly DRAM and NAND flash, are critical elements in this scenario. After a tumultuous 2023, a shift from surplus to shortage is anticipated in 2024. This could significantly impact demand across various industries, including automotive and servers, accelerating the need for AI-enhanced memory technologies. 2024 in the semiconductor industry promises to be a year of significant technological advancements and strategic business moves. With AI and custom chips at the center of this transformation, the industry is poised for exciting developments. So, as these companies gear up for the next phase of tech innovation, it's worth keeping an eye on how they navigate the evolving demands of the AI-integrated semiconductor market. — The Prosperity Pub Team [] [] [] ___________________________________________________ [] [] JAN 04, 2024 [] [] SCOTT WELSH’S TICKER TALES Magnificent Opportunity on MSFT In our last post, we saw that the trillion dollar superstar AAPL had pulled back and has actually become a breakout candidate. It’s not often that we get opportunities on magnificent stocks. And now we have another one. Microsoft (MSFT) has made a slight pullback as the Fed minutes have drained the fun out of everyone’s trading account thus far in 2024. But this Magnificent 7 member now has a good entry point. Here’s the chart: [] The pullback is mild but the sideways action is typical for a rocketship stock that’s getting ready to blast off again. A break above $384.30 would have no overhead supply to hold it back. And it could lead to another big move. 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. [] [] Gold's 2024 Supercycle: Your Chance to Shine! The 2024 Gold Supercycle is underway and one trader has a unique opportunity to trade gold smarter, not harder! It's all about leveraging powerful market cycles right from your regular brokerage account. Ready to elevate your gold trading strategy? [Harness The Potential Of The Upcoming Gold Supercycle!]( [] [] PROSPERITY PUB MARKET TALK Semiconductors Riding the Next Tech Wave 2024 is shaping up to be a year where AI and custom chips are set to redefine the tech landscape. Gone are the days when sheer power was the name of the game; now, it's about intelligence and specificity. Nvidia is at the forefront of this evolution, crafting chips that are not just powerful but also smart. These semiconductors are the driving force behind a range of applications, from autonomous vehicles to intelligent home appliances. Colette Kress, Nvidia's CFO, is leading the charge, ensuring the company stays ahead in the supply chain race. AMD is another key player in this unfolding saga. With their sights set on a $400 billion market by 2027, AMD's Instinct MI300X chip has caught the attention of tech giants like Meta Platforms and Microsoft. It's a testament to AMD's strategic positioning in the AI-integrated chip market. Micron, known for its command over the DRAM market, is also making strategic moves. The US-China trade embargo is a critical factor for them, given their significant market share in China. Intel, traditionally a powerhouse in the semiconductor industry, is now racing to bridge the technology gap with its global competitors. Their focus is on the development of the 2nm chips, with the 18A node chip expected to be a major breakthrough when it launches in late 2024. But the semiconductor narrative isn't just about these tech titans. Companies like Arm Holdings, ASE Technology, TSMC, ASML, and Broadcom are all contributing to the changing dynamics of the industry. Each brings unique strengths and strategies to the semiconductor sector, influencing everything from management structures to stock valuations. Memory chips, particularly DRAM and NAND flash, are critical elements in this scenario. After a tumultuous 2023, a shift from surplus to shortage is anticipated in 2024. This could significantly impact demand across various industries, including automotive and servers, accelerating the need for AI-enhanced memory technologies. 2024 in the semiconductor industry promises to be a year of significant technological advancements and strategic business moves. With AI and custom chips at the center of this transformation, the industry is poised for exciting developments. So, as these companies gear up for the next phase of tech innovation, it's worth keeping an eye on how they navigate the evolving demands of the AI-integrated semiconductor market. — 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](