Spinning our wheels

But the end is in sight…

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OCTOBER 25, 2024       Is there anything worse on this earth than being stuck in traffic?  There I was, fifty miles south of Atlanta, GA, in dead stopped, bumper-to-bumper, “not going anywhere” traffic…  Little did I know it would be the first of four such traffic jams I’d encounter, which would stretch an already absurdly long 13-hour journey into an 18-hour nightmare. As I write this, I just recently arrived at a hotel in my hometown of St. Louis where I will crash for the night before seeing my family in the morning.  I would like to have seen them this evening for a bit, but… traffic… Traffic is my nightmare. Put me in a car that’s moving along at a reasonable speed and I can drive for hours without needing a break. Put me in ten seconds of traffic and I want to break things. It’s irritating to be stuck in neutral, and it’s even more irritating to know that often, there’s no reason for these traffic jams other than the collective foolishness or recklessness of the drivers on the road around you. But there’s one thing that almost makes traffic worth it… That rush of FREEDOM when you finally reach the end of the jam. When 25 feels like flying…   I finally got there when I escaped the ruined, apocalyptic nightmare known as Tennessee (I’m sorry, Tennesseans reading this. I actually love your state. It’s so beautiful. But its highways have never been kind to me…)  And I almost didn’t care that I still had five hours to drive in pitch black Midwestern darkness to get to a hotel I barely wanted to sleep in to begin with… That release of putting the pedal down and heading in a direction… any direction… was so freeing! Well, traders are about to feel that same release. Yesterday, I laid out the case for why the day after the election will be a pivotal turning point — the “release valve,” if you will, for all the election pressures plaguing the market. And I have a lot of confidence that that will happen. It’s actually one of the most predictable trends I’ve ever seen.  Until then, though? I’m afraid it’s traffic… If the QQQ from yesterday doesn’t prove that, I don’t know what will. TSLA spiked by over 20%, and the QQQ barely budged…   That’s a traffic jam if I’ve ever seen one.  Earnings are one of the big catalysts on the calendar. But I don’t think they will have a broader market effect for the next week. Individual stocks will make big moves (see above), but I don’t think they’ll drag the indexes along. It’s bumper-to-bumper for the next week… But then, get ready to put the pedal to the medal, one direction or the other… Have a great weekend, and may your roads be ever clear of brake lights. To your prosperity, Stephen Ground Editor-in-Chief, ProsperityPub P.S.: One great way to play uncertain markets that could move either direction is with a special type of trade Geof Smith is going over in a LIVE briefing today. Catch it here.

OCTOBER 25, 2024 Is there anything worse on this earth than being stuck in traffic?    There I was, fifty miles south of Atlanta, GA, in dead stopped, bumper-to-bumper, “not going anywhere” traffic…    Little did I know it would be the first of four such traffic jams I’d encounter, which would stretch an already absurdly long 13-hour journey into an 18-hour nightmare.   As I write this, I just recently arrived at a hotel in my hometown of St. Louis where I will crash for the night before seeing my family in the morning.    I would like to have seen them this evening for a bit, but… traffic…   Traffic is my nightmare.   Put me in a car that’s moving along at a reasonable speed and I can drive for hours without needing a break.   Put me in ten seconds of traffic and I want to break things.   It’s irritating to be stuck in neutral, and it’s even more irritating to know that often, there’s no reason for these traffic jams other than the collective foolishness or recklessness of the drivers on the road around you.   But there’s one thing that almost makes traffic worth it…   That rush of FREEDOM when you finally reach the end of the jam. When 25 feels like flying…   I finally got there when I escaped the ruined, apocalyptic nightmare known as Tennessee (I’m sorry, Tennesseans reading this. I actually love your state. It’s so beautiful. But its highways have never been kind to me…)    And I almost didn’t care that I still had five hours to drive in pitch black Midwestern darkness to get to a hotel I barely wanted to sleep in to begin with…   That release of putting the pedal down and heading in a direction… any direction… was so freeing!   Well, traders are about to feel that same release.   Yesterday, I laid out the case for why the day after the election will be a pivotal turning point — the “release valve,” if you will, for all the election pressures plaguing the market.   And I have a lot of confidence that that will happen. It’s actually one of the most predictable trends I’ve ever seen.    Until then, though? I’m afraid it’s traffic… If the QQQ from yesterday doesn’t prove that, I don’t know what will.   TSLA spiked by over 20%, and the QQQ barely budged…   That’s a traffic jam if I’ve ever seen one.    Earnings are one of the big catalysts on the calendar. But I don’t think they will have a broader market effect for the next week. Individual stocks will make big moves (see above), but I don’t think they’ll drag the indexes along.   It’s bumper-to-bumper for the next week…   But then, get ready to put the pedal to the medal, one direction or the other…   Have a great weekend, and may your roads be ever clear of brake lights.   To your prosperity,   Stephen Ground Editor-in-Chief, ProsperityPub   P.S.: One great way to play uncertain markets that could move either direction is with a special type of trade Geof Smith is going over in a LIVE briefing today. Catch it here.

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 https://prosperitypub.com/terms-conditions/ for our full Terms and Conditions. Unsubscribe This email was sent to athklym902@gmail.com 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 https://prosperitypub.com/terms-conditions/ for our full Terms and Conditions.   Unsubscribe This email was sent to athklym902@gmail.com by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States Prosperity Pub