Tech Recovery: SAP-tacular Opportunity Ahead

[] (tapping into the resurgent tech market) [View in browser]( [View in browser]( [] JAN 18, 2024 [] [] SCOTT WELSH’S TICKER TALES SAP Could Shine In Tech Comeback Tech finally got some good news today as Apple got an upgrade from Bank of America. Analysts have been very negative lately toward the iPhone giant, and that’s pushed AAPL stock down and knocked it off its perch as the most valuable company. That negativity has also hurt tech as a whole. But some sectors are bouncing back, and one of those is Computer Software. Computer Software is one of the top 30 hot sectors now, and SAP is one of the hottest stocks in that group. Here’s the chart: [] More bullish earnings and a breakout above $160.35 could lead to a nice run. 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. [] [] A 13¢ Crypto Goldmine?! → He’s been involved with Bitcoin since the very beginning… → He’s set up commercial crypto mining operations… → He accurately called the Bitcoin bottom in December 2022! And now, crypto expert Jeffry Turnmire is shouting: “One small 13¢ crypto coin could potentially skyrocket 1000% or more in the next year!” [Click here to get all the details!]( [] [] PROSPERITY PUB MARKET TALK One Chip At A Time: China Nabbing Blocked Nvidia Tech The global tech scene is witnessing a real-life thriller, with China's military and elite universities in a covert operation to acquire Nvidia's high-end chips. Despite U.S. export bans, these prized semiconductors are finding their way into Chinese hands. Here's the situation: The U.S. put export controls in place to stop the export of Nvidia's A100 and H100 chips to China, aiming to curb their AI and military tech advancements. But Chinese entities have been dodging these restrictions with the finesse of a seasoned spy. The demand for these chips is intense, and despite homegrown efforts from companies like Huawei, Nvidia's chips are still the gold standard in AI. The buyers' list reads like a who's who of Chinese tech and academia. From military research labs to universities with sky-high reputations, these groups are keen on getting their hands on Nvidia's technology. But let's note, the quantities they're acquiring aren't enough for building vast AI systems. They're more for enhancing current projects and experiments. The question of how these chips are entering China remains a mystery. Talk of an underground market is rife, suggesting that these chips might be slipping through international cracks. Nvidia maintains that they adhere strictly to export laws, emphasizing compliance in their operations. But there's more at stake here than just a few high-end chips changing hands. This scenario is a crucial chapter in the global AI race, echoing the significance of the space race of the 1950s and 60s. The U.S. aims to slow China's AI progress by restricting access to these chips, a strategic move in the power play of technological dominance. In this high-tech drama, the U.S. is trying to maintain its lead, while China's maneuvers are challenging that dominance. The unfolding events in this tech narrative could determine who will steer the future of global power. Will the U.S. manage to keep its technological edge, or will China's pursuit tilt the scales? Race is on and only one thing is clear: the tech world is more enthralling than ever. — The Prosperity Pub Team [] [] [] ___________________________________________________ [] [] JAN 18, 2024 [] [] SCOTT WELSH’S TICKER TALES SAP Could Shine In Tech Comeback Tech finally got some good news today as Apple got an upgrade from Bank of America. Analysts have been very negative lately toward the iPhone giant, and that’s pushed AAPL stock down and knocked it off its perch as the most valuable company. That negativity has also hurt tech as a whole. But some sectors are bouncing back, and one of those is Computer Software. Computer Software is one of the top 30 hot sectors now, and SAP is one of the hottest stocks in that group. Here’s the chart: [] More bullish earnings and a breakout above $160.35 could lead to a nice run. 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. [] [] A 13¢ Crypto Goldmine?! → He’s been involved with Bitcoin since the very beginning… → He’s set up commercial crypto mining operations… → He accurately called the Bitcoin bottom in December 2022! And now, crypto expert Jeffry Turnmire is shouting: “One small 13¢ crypto coin could potentially skyrocket 1000% or more in the next year!” [Click here to get all the details!]( [] [] PROSPERITY PUB MARKET TALK One Chip At A Time: China Nabbing Blocked Nvidia Tech The global tech scene is witnessing a real-life thriller, with China's military and elite universities in a covert operation to acquire Nvidia's high-end chips. Despite U.S. export bans, these prized semiconductors are finding their way into Chinese hands. Here's the situation: The U.S. put export controls in place to stop the export of Nvidia's A100 and H100 chips to China, aiming to curb their AI and military tech advancements. But Chinese entities have been dodging these restrictions with the finesse of a seasoned spy. The demand for these chips is intense, and despite homegrown efforts from companies like Huawei, Nvidia's chips are still the gold standard in AI. The buyers' list reads like a who's who of Chinese tech and academia. From military research labs to universities with sky-high reputations, these groups are keen on getting their hands on Nvidia's technology. But let's note, the quantities they're acquiring aren't enough for building vast AI systems. They're more for enhancing current projects and experiments. The question of how these chips are entering China remains a mystery. Talk of an underground market is rife, suggesting that these chips might be slipping through international cracks. Nvidia maintains that they adhere strictly to export laws, emphasizing compliance in their operations. But there's more at stake here than just a few high-end chips changing hands. This scenario is a crucial chapter in the global AI race, echoing the significance of the space race of the 1950s and 60s. The U.S. aims to slow China's AI progress by restricting access to these chips, a strategic move in the power play of technological dominance. In this high-tech drama, the U.S. is trying to maintain its lead, while China's maneuvers are challenging that dominance. The unfolding events in this tech narrative could determine who will steer the future of global power. Will the U.S. manage to keep its technological edge, or will China's pursuit tilt the scales? Race is on and only one thing is clear: the tech world is more enthralling than ever. — 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](