Right On Target (TGT)

[] Anatomy of a Great Trade [View in browser]( [View in browser]( [] JAN 12, 2024 [] [] SCOTT WELSH’S ANATOMY OF A GREAT TRADE Anatomy of a Great Trade: TGT (and it’s still got room to run) Smart traders have told us to ignore the news. But should we? Isn’t the news relevant to our trading? Well, if we look at Target (TGT), the answer is definitely yes. We should absolutely ignore the news. Because the news on TGT back in October 2023 was awful. They’d made a marketing blunder and their earnings were sinking. According to the headlines, TGT was canceled, yesterday’s news, or worse. But for a deep value investor, October 2023 was an incredible time to buy. Here’s the chart: [] Right when all the bad news was coming out, TGT hit the bottom Bollinger Band™. That’s a Deep Value trader’s excitement point. And what happened if you completely ignored the news and bought a stock at $105 that had a “fair value” of $180? You’d be up big right now. You’d be sitting on a 34% gain with $40 of upside still remaining. Listen to the news at your own peril. Deep Value investors definitely do not. 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. [] [] This 13 Cent Crypto Could Soar 1,000% Or More In Under A Year! He’s been involved with Bitcoin since the very beginning… He’s led commercial crypto mining projects… And he nearly perfectly called the bottom of the crypto market at the end of 2022. And now he says a tiny 13¢ crypto could skyrocket more than 1000% in under a year! [Reserve your spot and get all the details right here!]( [] [] PROSPERITY PUB MARKET TALK Silicon Valley's AI Crisis: Is Your Job Next? Remember when being a software engineer was as close to job security nirvana as you could get? Well, it seems that yesterday’s rock stars are today’s has-beens in today’s job market. The culprit? Good old Artificial Intelligence. Yes, the very tool that was supposed to be our loyal sidekick could be turning into a job-snatching villain. A recent survey of over 9,000 software engineers reveals a growing concern that AI could lead to a decrease in hiring. Only 6% of respondents felt confident about landing a job with the same pay if they were shown the door. Talk about confidence taking a nosedive! Even formerly highly-sought-after software engineers are facing this harsh new reality. Post-pandemic, many are reporting swimming in a sea of job applications, but it's more of a struggle than a freestyle. To quote many in this position, the competition is “absolutely insane.” The tech sector has seen over 400,000 layoffs in the last two years — and engineers, once considered safe, are now feeling the heat. This shift seems to be part of a larger trend. AI's ability to automate coding tasks, once the exclusive domain of humans, is quickly turning the job market into a game of musical chairs where the chairs are disappearing faster than you can say "learn to code." But here's the kicker: Despite these worrying trends, only 28% of engineers are genuinely fretting over AI completely making their jobs obsolete. It seems denial is more than just a river in Egypt. Meanwhile, over 60% believe AI will lead to fewer hires in their companies. In a twist that would make Hollywood scriptwriters jealous, the once secure and lucrative field of software engineering is facing its reckoning with AI. The question on everyone's mind: Are we witnessing the start of a national crisis, where even the most tech-savvy aren't safe from the AI revolution? Time will tell, but one thing's for sure — AI is rapidly reconfiguring the dynamics of the job market and it seems no one is immune. Seems as a society, we’ll all have to start thinking: In a world where AI is rapidly learning how to do everything humans have done, what will our next move be? — The Prosperity Pub Team [] [] [] ___________________________________________________ [] [] JAN 12, 2024 [] [] SCOTT WELSH’S ANATOMY OF A GREAT TRADE Anatomy of a Great Trade: TGT (and it’s still got room to run) Smart traders have told us to ignore the news. But should we? Isn’t the news relevant to our trading? Well, if we look at Target (TGT), the answer is definitely yes. We should absolutely ignore the news. Because the news on TGT back in October 2023 was awful. They’d made a marketing blunder and their earnings were sinking. According to the headlines, TGT was canceled, yesterday’s news, or worse. But for a deep value investor, October 2023 was an incredible time to buy. Here’s the chart: [] Right when all the bad news was coming out, TGT hit the bottom Bollinger Band™. That’s a Deep Value trader’s excitement point. And what happened if you completely ignored the news and bought a stock at $105 that had a “fair value” of $180? You’d be up big right now. You’d be sitting on a 34% gain with $40 of upside still remaining. Listen to the news at your own peril. Deep Value investors definitely do not. 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. [] [] This 13 Cent Crypto Could Soar 1,000% Or More In Under A Year! He’s been involved with Bitcoin since the very beginning… He’s led commercial crypto mining projects… And he nearly perfectly called the bottom of the crypto market at the end of 2022. And now he says a tiny 13¢ crypto could skyrocket more than 1000% in under a year! [Reserve your spot and get all the details right here!]( [] [] PROSPERITY PUB MARKET TALK Silicon Valley's AI Crisis: Is Your Job Next? Remember when being a software engineer was as close to job security nirvana as you could get? Well, it seems that yesterday’s rock stars are today’s has-beens in today’s job market. The culprit? Good old Artificial Intelligence. Yes, the very tool that was supposed to be our loyal sidekick could be turning into a job-snatching villain. A recent survey of over 9,000 software engineers reveals a growing concern that AI could lead to a decrease in hiring. Only 6% of respondents felt confident about landing a job with the same pay if they were shown the door. Talk about confidence taking a nosedive! Even formerly highly-sought-after software engineers are facing this harsh new reality. Post-pandemic, many are reporting swimming in a sea of job applications, but it's more of a struggle than a freestyle. To quote many in this position, the competition is “absolutely insane.” The tech sector has seen over 400,000 layoffs in the last two years — and engineers, once considered safe, are now feeling the heat. This shift seems to be part of a larger trend. AI's ability to automate coding tasks, once the exclusive domain of humans, is quickly turning the job market into a game of musical chairs where the chairs are disappearing faster than you can say "learn to code." But here's the kicker: Despite these worrying trends, only 28% of engineers are genuinely fretting over AI completely making their jobs obsolete. It seems denial is more than just a river in Egypt. Meanwhile, over 60% believe AI will lead to fewer hires in their companies. In a twist that would make Hollywood scriptwriters jealous, the once secure and lucrative field of software engineering is facing its reckoning with AI. The question on everyone's mind: Are we witnessing the start of a national crisis, where even the most tech-savvy aren't safe from the AI revolution? Time will tell, but one thing's for sure — AI is rapidly reconfiguring the dynamics of the job market and it seems no one is immune. Seems as a society, we’ll all have to start thinking: In a world where AI is rapidly learning how to do everything humans have done, what will our next move be? — 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](