Now for Something We Can All Get Behind

[] only pizza and THIS ONE THING can unite the country [View in browser]( [View in browser]( [] JULY 12, 2024 [] [] PROSPERITY PUB MARKET TALK Now for Something We Can All Get Behind If we told you that a survey recently showed that 86% of respondents agree with the question, what would you guess the question is? Probably the only thing 86% of people can agree on is that pizza for dinner sounds delicious. So it might surprise you to hear that the survey had nothing to do with food and everything to do with politics. Or more accurately: politicians. A recent survey by the University of Maryland's School of Public Policy showed overwhelming bipartisan support for prohibiting Members of Congress, as well as the President, Vice President, and Supreme Court Justices, from trading individual stocks. At a time when our country seems so divided on so many issues, it's refreshing to see we can all come together to agree on something that is just plain common sense. I mean, how many sports do you know where the referees are allowed to bet on the teams they're regulating? Examples of questionable trades by members of Congress have been making headlines for years. Right before COVID became public knowledge, several members of Congress dumped their stocks, avoiding significant losses as the markets crashed. There are even websites that track Democratic Senator Nancy Pelosi's trades, showing how much those trades have outperformed the market. Pelosi and her husband have been noted for their timely trades, raising eyebrows about potential insider trading. And it's not just Pelosi — this issue cuts across party lines. In 2020, Republican Senator Richard Burr sold off up to $1.72 million of his holdings following closed-door briefings on the coronavirus, just before the market took a nosedive. Republican Senator Kelly Loeffler also faced scrutiny for dumping stocks after a private briefing on the virus and the effects it might have on the economy. These examples highlight a pattern where those with insider knowledge seem to have an unfair advantage in the stock market. The proposal to ban members of Congress from trading individual stocks aims to restore some integrity to the system. It's about ensuring that those who make the rules aren't also profiting from them in ways that regular citizens cannot. With such broad public support, it seems like a no-brainer. Yet, the challenge up till now has been that the people making the rules don’t seem to want to make rules that apply to them. In fairness, it’s been said many times that insider trading laws already exist. The problem is that Members of Congress seem to very obviously trade with insider information and on the rare occasions when they face scrutiny, the investigations are closed and those same politicians are cleared of wrongdoing. The push to prohibit members of Congress from trading stocks isn't just about fairness; it's about trust. In a time when faith in government is low, taking steps to eliminate conflicts of interest could be a significant step towards rebuilding that trust. After all, ensuring that our leaders are held to the same standards as everyone else is something we can all get behind — just like pizza for dinner. — The Prosperity Pub Team [] [] 3 Hot Breakout Stocks To Watch NOW! Nate Tucci is in Germany, but that didn’t stop him from taking time out of his day to share: • 3 hot breakout stocks to watch… • A full market update… • An automated trading method that’s gone on a 10-for-10 winning streak! [Click here to watch Nate live from Germany!]( [] [] SCOTT WELSH’S TICKER TALES Friday Great Value Trade (TQQQ) Tech doesn’t go on sale very often. In fact, it seems like an eternity since NVDA and the Nasdaq were at a “fair” price. But it wasn’t really that long ago. Starting in 2022 and lasting through December 2023, the TQQQ (the highly-leveraged Nasdaq ETF) was under “fair value”. In other words, it was under the 800 simple moving average. Here’s the chart: [] Any time before January 2024 would have been a chance to buy TQQQ “on sale”. But let’s say we missed it. Or we were scared tech was in trouble. Let’s say we bought it right at the SMA in December 2023. We still would’ve done great. Buying at the arrow would have been an entry around $43. What happened? It’s now over $80. And buying earlier would have been even better. The takeaway? Try to buy tech stocks near the SMA. Doing so gives us a chance for big wins. Happy trading, — 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. [] [] [] [] JULY 12, 2024 [] [] PROSPERITY PUB MARKET TALK Now for Something We Can All Get Behind If we told you that a survey recently showed that 86% of respondents agree with the question, what would you guess the question is? Probably the only thing 86% of people can agree on is that pizza for dinner sounds delicious. So it might surprise you to hear that the survey had nothing to do with food and everything to do with politics. Or more accurately: politicians. A recent survey by the University of Maryland's School of Public Policy showed overwhelming bipartisan support for prohibiting Members of Congress, as well as the President, Vice President, and Supreme Court Justices, from trading individual stocks. At a time when our country seems so divided on so many issues, it's refreshing to see we can all come together to agree on something that is just plain common sense. I mean, how many sports do you know where the referees are allowed to bet on the teams they're regulating? Examples of questionable trades by members of Congress have been making headlines for years. Right before COVID became public knowledge, several members of Congress dumped their stocks, avoiding significant losses as the markets crashed. There are even websites that track Democratic Senator Nancy Pelosi's trades, showing how much those trades have outperformed the market. Pelosi and her husband have been noted for their timely trades, raising eyebrows about potential insider trading. And it's not just Pelosi — this issue cuts across party lines. In 2020, Republican Senator Richard Burr sold off up to $1.72 million of his holdings following closed-door briefings on the coronavirus, just before the market took a nosedive. Republican Senator Kelly Loeffler also faced scrutiny for dumping stocks after a private briefing on the virus and the effects it might have on the economy. These examples highlight a pattern where those with insider knowledge seem to have an unfair advantage in the stock market. The proposal to ban members of Congress from trading individual stocks aims to restore some integrity to the system. It's about ensuring that those who make the rules aren't also profiting from them in ways that regular citizens cannot. With such broad public support, it seems like a no-brainer. Yet, the challenge up till now has been that the people making the rules don’t seem to want to make rules that apply to them. In fairness, it’s been said many times that insider trading laws already exist. The problem is that Members of Congress seem to very obviously trade with insider information and on the rare occasions when they face scrutiny, the investigations are closed and those same politicians are cleared of wrongdoing. The push to prohibit members of Congress from trading stocks isn't just about fairness; it's about trust. In a time when faith in government is low, taking steps to eliminate conflicts of interest could be a significant step towards rebuilding that trust. After all, ensuring that our leaders are held to the same standards as everyone else is something we can all get behind — just like pizza for dinner. — The Prosperity Pub Team [] [] 3 Hot Breakout Stocks To Watch NOW! Nate Tucci is in Germany, but that didn’t stop him from taking time out of his day to share: - 3 hot breakout stocks to watch… - A full market update… - An automated trading method that’s gone on a 10-for-10 winning streak! [Click here to watch Nate live from Germany!]( [] [] SCOTT WELSH’S TICKER TALES Friday Great Value Trade (TQQQ) Tech doesn’t go on sale very often. In fact, it seems like an eternity since NVDA and the Nasdaq were at a “fair” price. But it wasn’t really that long ago. Starting in 2022 and lasting through December 2023, the TQQQ (the highly-leveraged Nasdaq ETF) was under “fair value”. In other words, it was under the 800 simple moving average. Here’s the chart: [] Any time before January 2024 would have been a chance to buy TQQQ “on sale”. But let’s say we missed it. Or we were scared tech was in trouble. Let’s say we bought it right at the SMA in December 2023. We still would’ve done great. Buying at the arrow would have been an entry around $43. What happened? It’s now over $80. And buying earlier would have been even better. The takeaway? Try to buy tech stocks near the SMA. Doing so gives us a chance for big wins. Happy trading, — 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. [] [] [] [] 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](