The “IT” Stock That Could Be Breaking Out

[] multiple forces pushing it higher [View in browser]( [View in browser]( [] JAN 16, 2024 [] [] SCOTT WELSH'S TICKER TALES Multiple Forces Pushing IT Higher Last week, we mentioned that breakout traders love tight consolidation. They love stocks that have been going up (have high relative strength) and then go sideways in a narrow channel. And if the group a stock is in is doing fairly well, even better. Right now, we’re seeing all of that in Gartner (IT). Here’s the chart: [] IT is above the 30-week moving average, and it’s nearing a new high. Plus its group is in the top 60 (as far as recent strength). Bullish earnings and a breakout above $469.58 could lead to a big move. We’ll keep it on our radar. — 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. [] [] Are You About To Miss The Halving? A historic Bitcoin Halving event is quickly approaching… It’s currently less than 100 days away… And every time we’ve had a halving, it’s been a catalyst for massive bull runs, minting a new round of crypto fat cats! But this year, the new Bitcoin spot ETFs could really send Bitcoin to the moon like never before! [Discover how you can ride the crypto wave!]( [] [] PROSPERITY PUB MARKET TALK AI's Lithium Diet: Less Is More for Battery Innovation Remember when lithium was the diva of the battery world? Well, it's time to dim the spotlight because AI has crafted a new star that's stealing the show. Researchers at Microsoft and the Pacific Northwest National Laboratory, armed with AI's smarts, have whipped up a battery that's on a lithium diet, using up to 70% less of this precious metal. The journey to this less-lithium land started with a colossal buffet of 23.6 million potential materials. Imagine a chef (AI in this case) sifting through millions of ingredients to create the perfect dish. After a meticulous process of elimination, focusing on stability and efficiency, AI narrowed the list down to a few hundred, some never seen before in the battery world. Vijay Murugesan at the Pacific Northwest National Laboratory then picked the winner – a unique blend of sodium and lithium, shaking up traditional battery recipes. It's like finding a new way to bake a cake with half the sugar but all the sweetness. The result? A functional battery, albeit with some conductivity challenges, but a monumental leap in reducing lithium dependency. But let's not get carried away just yet. This AI-driven approach is revolutionary, no doubt, but it builds on human intelligence that laid the groundwork. The initial 23.6 million candidates weren't just conjured out of thin air; they were the product of human ingenuity, understanding what works in batteries. This development raises an interesting debate. While human researchers are already churning out pure sodium batteries, AI's contribution can't be ignored. It's a tale of collaboration – where AI accelerates and refines human discoveries. Now, what about the implications? As exciting as this is, it's not just about cutting back on lithium. It's a glimpse into a future where AI can revolutionize material science, speeding up discoveries that once took years into mere months. And in a world grappling with environmental and resource challenges, this couldn't come at a better time. So, as we celebrate this breakthrough, let's tip our hats to both human and artificial intelligence. Together, they're reshaping our approach to one of the most crucial technologies of our time, proving that sometimes, less really is more. — The Prosperity Pub Team [] [] [] ___________________________________________________ [] [] JAN 16, 2024 [] [] SCOTT WELSH'S TICKER TALES Multiple Forces Pushing IT Higher Last week, we mentioned that breakout traders love tight consolidation. They love stocks that have been going up (have high relative strength) and then go sideways in a narrow channel. And if the group a stock is in is doing fairly well, even better. Right now, we’re seeing all of that in Gartner (IT). Here’s the chart: [] IT is above the 30-week moving average, and it’s nearing a new high. Plus its group is in the top 60 (as far as recent strength). Bullish earnings and a breakout above $469.58 could lead to a big move. We’ll keep it on our radar. — 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. [] [] Are You About To Miss The Halving? A historic Bitcoin Halving event is quickly approaching… It’s currently less than 100 days away… And every time we’ve had a halving, it’s been a catalyst for massive bull runs, minting a new round of crypto fat cats! But this year, the new Bitcoin spot ETFs could really send Bitcoin to the moon like never before! [Discover how you can ride the crypto wave!]( [] [] PROSPERITY PUB MARKET TALK AI's Lithium Diet: Less Is More for Battery Innovation Remember when lithium was the diva of the battery world? Well, it's time to dim the spotlight because AI has crafted a new star that's stealing the show. Researchers at Microsoft and the Pacific Northwest National Laboratory, armed with AI's smarts, have whipped up a battery that's on a lithium diet, using up to 70% less of this precious metal. The journey to this less-lithium land started with a colossal buffet of 23.6 million potential materials. Imagine a chef (AI in this case) sifting through millions of ingredients to create the perfect dish. After a meticulous process of elimination, focusing on stability and efficiency, AI narrowed the list down to a few hundred, some never seen before in the battery world. Vijay Murugesan at the Pacific Northwest National Laboratory then picked the winner – a unique blend of sodium and lithium, shaking up traditional battery recipes. It's like finding a new way to bake a cake with half the sugar but all the sweetness. The result? A functional battery, albeit with some conductivity challenges, but a monumental leap in reducing lithium dependency. But let's not get carried away just yet. This AI-driven approach is revolutionary, no doubt, but it builds on human intelligence that laid the groundwork. The initial 23.6 million candidates weren't just conjured out of thin air; they were the product of human ingenuity, understanding what works in batteries. This development raises an interesting debate. While human researchers are already churning out pure sodium batteries, AI's contribution can't be ignored. It's a tale of collaboration – where AI accelerates and refines human discoveries. Now, what about the implications? As exciting as this is, it's not just about cutting back on lithium. It's a glimpse into a future where AI can revolutionize material science, speeding up discoveries that once took years into mere months. And in a world grappling with environmental and resource challenges, this couldn't come at a better time. So, as we celebrate this breakthrough, let's tip our hats to both human and artificial intelligence. Together, they're reshaping our approach to one of the most crucial technologies of our time, proving that sometimes, less really is more. — 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](