The best trade of 2023 was... not what you think

[] Anatomy of a Great Trade [View in browser]( [View in browser]( [] JAN 05, 2024 [] [] SCOTT WELSH’S ANATOMY OF A GREAT TRADE Anatomy of a Great Trade: ANF Aside from any crazy penny stocks, can you guess what the #1 stock was in 2023? [waiting…] No, not NVDA. Or any other AI-adjacent stock. It was Abercrombie & Fitch (ANF). Here’s the monthly chart: [] It was an absolute monster, going from $23 to $88. We would have had to have been looking in Retail’s direction at the start of the year, of course, but assuming we were, is there any way we could’ve caught this trade? Absolutely. We could have caught it the boring way. Here’s the chart again: [] After two consecutive closes above the 12-month SMA, we would have entered on March 1, 2023 at $29.10. The next two months were rocky but didn’t close below the SMA (our get-out point). And then it was madness. ANF has shot up ever since and is still going strong. Our entry at $29.10 would now be at $93.23. And we wouldn’t close this until it closes below. Monster trades can come from anywhere. And we can catch them with a boring, long-term system. Happy trading, Scott P.S. As a reminder, these historical lookbacks are based on my longer-term Weinstein Stage Analysis method. The charts above use monthly candles and a 12 month simple moving average. For details on this method, see my explanation on [this Ask The Pros episode]( starting at timestamp 20:45. Additionally, the teal lines on the chart show the profitable runs. [] [] 2024's Gold Supercycle: Your Chance to Shine! Gold's on the brink of an epic surge, and you've got a front-row seat… All you need to do is reach out and grab it! Discover how to tap into the 2024 Gold Supercycle today… [Click Here To Unlock The Opportunity!]( [] [] PROSPERITY PUB MARKET TALK Mortgage Roulette: Spin the Wheel Now or Later? As mortgage rates take a nosedive, prospective homebuyers are in a bit of a pickle. The current market, with its increasingly attractive borrowing costs, is tempting — but there's also the allure of waiting for rates to potentially drop further. It's a real "should I stay or should I go" moment in the housing market. Mortgage rates have recently seen a significant dip, with the average interest rate for a 30-year fixed mortgage hovering around 6.6%, down from a peak in October. This drop is largely due to the Fed signaling potential cuts in interest rates this year. What's more, experts predict further drops as 2024 unfolds, suggesting a favorable future for mortgage seekers. The conundrum for homebuyers is whether to jump into the market now or wait for possibly lower rates. Experts suggest that diving in might be the smarter move. The reasoning is simple: mortgage rate movements are notoriously unpredictable, and if rates continue to fall, there's always the option to refinance. But this strategy isn't without risks — including the loss of additional savings time and the potential for a home's value to decline if the market takes a turn for the worse. The silver lining? Even with these uncertainties, the prospect of refinancing at a lower cost remains an efficient option if rates move further downward. And while the fear of a housing price plummet looms, experts remain optimistic about the U.S. economy's outlook, expecting it to slow down — but not shrink — in the near future. As for the big picture, the decision to buy a house should be based on a variety of factors beyond just borrowing costs. It's a personalized assessment that needs to take into account individual financial situations and future plans. So, while the current market offers some attractive opportunities, homebuyers need to weigh their options carefully — The Prosperity Pub Team [] [] [] ___________________________________________________ [] [] JAN 05, 2024 [] [] SCOTT WELSH’S ANATOMY OF A GREAT TRADE Anatomy of a Great Trade: ANF Aside from any crazy penny stocks, can you guess what the #1 stock was in 2023? [waiting…] No, not NVDA. Or any other AI-adjacent stock. It was Abercrombie & Fitch (ANF). Here’s the monthly chart: [] It was an absolute monster, going from $23 to $88. We would have had to have been looking in Retail’s direction at the start of the year, of course, but assuming we were, is there any way we could’ve caught this trade? Absolutely. We could have caught it the boring way. Here’s the chart again: [] After two consecutive closes above the 12-month SMA, we would have entered on March 1, 2023 at $29.10. The next two months were rocky but didn’t close below the SMA (our get-out point). And then it was madness. ANF has shot up ever since and is still going strong. Our entry at $29.10 would now be at $93.23. And we wouldn’t close this until it closes below. Monster trades can come from anywhere. And we can catch them with a boring, long-term system. Happy trading, Scott P.S. As a reminder, these historical lookbacks are based on my longer-term Weinstein Stage Analysis method. The charts above use monthly candles and a 12 month simple moving average. For details on this method, see my explanation on [this Ask The Pros episode]( starting at timestamp 20:45. Additionally, the teal lines on the chart show the profitable runs. [] [] 2024's Gold Supercycle: Your Chance to Shine! Gold's on the brink of an epic surge, and you've got a front-row seat… All you need to do is reach out and grab it! Discover how to tap into the 2024 Gold Supercycle today… [Click Here To Unlock The Opportunity!]( [] [] PROSPERITY PUB MARKET TALK Mortgage Roulette: Spin the Wheel Now or Later? As mortgage rates take a nosedive, prospective homebuyers are in a bit of a pickle. The current market, with its increasingly attractive borrowing costs, is tempting — but there's also the allure of waiting for rates to potentially drop further. It's a real "should I stay or should I go" moment in the housing market. Mortgage rates have recently seen a significant dip, with the average interest rate for a 30-year fixed mortgage hovering around 6.6%, down from a peak in October. This drop is largely due to the Fed signaling potential cuts in interest rates this year. What's more, experts predict further drops as 2024 unfolds, suggesting a favorable future for mortgage seekers. The conundrum for homebuyers is whether to jump into the market now or wait for possibly lower rates. Experts suggest that diving in might be the smarter move. The reasoning is simple: mortgage rate movements are notoriously unpredictable, and if rates continue to fall, there's always the option to refinance. But this strategy isn't without risks — including the loss of additional savings time and the potential for a home's value to decline if the market takes a turn for the worse. The silver lining? Even with these uncertainties, the prospect of refinancing at a lower cost remains an efficient option if rates move further downward. And while the fear of a housing price plummet looms, experts remain optimistic about the U.S. economy's outlook, expecting it to slow down — but not shrink — in the near future. As for the big picture, the decision to buy a house should be based on a variety of factors beyond just borrowing costs. It's a personalized assessment that needs to take into account individual financial situations and future plans. So, while the current market offers some attractive opportunities, homebuyers need to weigh their options carefully — 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](