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Looking for a Dynamic Move (GD)

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Fri, Nov 3, 2023 02:02 AM

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SCOTT WELSH?S TICKER TALES Two Imminent Entry Points For General Dynamics Well, that escalated in

[] [View in browser]( [View in browser]( [] NOV 02, 2023 [] [] SCOTT WELSH’S TICKER TALES Two Imminent Entry Points For General Dynamics Well, that escalated in a hurry. The market has been languishing for weeks now, and the world news sure hasn’t looked promising. And then the Fed worked its magic. In its typically vague and confusing way, the Fed hinted that the hiking of rates might be over. They might be over. It’s always might. But the Bulls took that as a yes — and the market exploded after 2 pm ET. And General Dynamics (GD) looks ready to make a new all-time high: [] GD was pushing upward before the Fed meeting yesterday and now it’s right near a possible early entry at $245.06. A break above that level could lead to a run above the all-time high. Or a patient trader could wait for an actual break of the all-time high at $256.86. A break of either of these levels could lead to a nice move. We’ll keep an eye on it. — 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. [] [] 3X Income Strategy [BREAKTHROUGH] Hot off the presses: A game-changing income strategy that's tailor-made for small accounts. Now, everyday investors can target 3X the returns of a standard income trade! [→ Discover The Strategy Now!]( [] [] JEFFRY TURNMIRE A Jobs Boom, but Wallets Are Still Waiting… So, the word around town is that the Fed hit the pause button on rate hikes. Markets rallied yesterday after the 2pm announcement… and at the open this morning, we got a nice pop. So all’s good, right? Maybe… Maybe not. If you listen to my free YouTube shows, you’ll know that I’ve still got my eye on the market possibly bottoming out once more before it can go higher. But that’s not what I want to talk to you about right now… See, as usual, I’ve got my eye on areas where most other people aren’t paying attention. And what I’m thinking about is that rate hikes — besides their main gig — are supposed to cool down an overheated job market. But here’s the thing… All those rate hikes the Fed has thrown at the economy can’t seem to put a dent in job growth. That got me to thinking… Just looking around me I don’t see folks swimming in money, if you catch my drift. Now, I had this lightbulb moment the other day. What if this whole jobs bonanza is based on folks who already have a day job going out and snagging a second or even a third gig just to keep the lights on? I mean, I don’t have the charts and graphs to back this up, but it's just a little food for thought. Think about it. You stroll around your block, do you see financial security around you? Me neither. And yet, the average Joe and Jane aren’t exactly living the high life. A little birdie (okay, it was a Fox Business article) told me that more and more Americans are clocking in at a second job because the cost of living has decided to climb up the ladder. According to the article, a significant number of individuals sought part-time work in November just to keep the wolf from the door. The questions that have been buzzing around in my head: Are all these new jobs just a lifeline for people to stay afloat? And if that’s the case, what’s it going to take to get us from treading water to cruising on a comfy financial boat? It’s a head-scratcher for sure. But hey, while the bigwigs figure it out, I guess we’ll keep juggling the gigs, and hoping for a tide that lifts all boats, not just the yachts. — Jeffry Turnmire [] [] [] ___________________________________________________ [] [] NOV 02, 2023 [] [] SCOTT WELSH’S TICKER TALES Two Imminent Entry Points For General Dynamics Well, that escalated in a hurry. The market has been languishing for weeks now, and the world news sure hasn’t looked promising. And then the Fed worked its magic. In its typically vague and confusing way, the Fed hinted that the hiking of rates might be over. They might be over. It’s always might. But the Bulls took that as a yes — and the market exploded after 2 pm ET. And General Dynamics (GD) looks ready to make a new all-time high: [] GD was pushing upward before the Fed meeting yesterday and now it’s right near a possible early entry at $245.06. A break above that level could lead to a run above the all-time high. Or a patient trader could wait for an actual break of the all-time high at $256.86. A break of either of these levels could lead to a nice move. We’ll keep an eye on it. — 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. [] [] 3X Income Strategy [BREAKTHROUGH] Hot off the presses: A game-changing income strategy that's tailor-made for small accounts. Now, everyday investors can target 3X the returns of a standard income trade! [→ Discover The Strategy Now!]( [] [] JEFFRY TURNMIRE A Jobs Boom, but Wallets Are Still Waiting… So, the word around town is that the Fed hit the pause button on rate hikes. Markets rallied yesterday after the 2pm announcement… and at the open this morning, we got a nice pop. So all’s good, right? Maybe… Maybe not. If you listen to my free YouTube shows, you’ll know that I’ve still got my eye on the market possibly bottoming out once more before it can go higher. But that’s not what I want to talk to you about right now… See, as usual, I’ve got my eye on areas where most other people aren’t paying attention. And what I’m thinking about is that rate hikes — besides their main gig — are supposed to cool down an overheated job market. But here’s the thing… All those rate hikes the Fed has thrown at the economy can’t seem to put a dent in job growth. That got me to thinking… Just looking around me I don’t see folks swimming in money, if you catch my drift. Now, I had this lightbulb moment the other day. What if this whole jobs bonanza is based on folks who already have a day job going out and snagging a second or even a third gig just to keep the lights on? I mean, I don’t have the charts and graphs to back this up, but it's just a little food for thought. Think about it. You stroll around your block, do you see financial security around you? Me neither. And yet, the average Joe and Jane aren’t exactly living the high life. A little birdie (okay, it was a Fox Business article) told me that more and more Americans are clocking in at a second job because the cost of living has decided to climb up the ladder. According to the article, a significant number of individuals sought part-time work in November just to keep the wolf from the door. The questions that have been buzzing around in my head: Are all these new jobs just a lifeline for people to stay afloat? And if that’s the case, what’s it going to take to get us from treading water to cruising on a comfy financial boat? It’s a head-scratcher for sure. But hey, while the bigwigs figure it out, I guess we’ll keep juggling the gigs, and hoping for a tide that lifts all boats, not just the yachts. — Jeffry Turnmire [] [] [] ___________________________________________________ [] [] 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](

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