A week to go

It’s going to be a wild ride…

View in browser

View in browser

OCTOBER 29, 2024       Hey y’all, We’re officially one week away from the election. One week away (in theory) from this all being over. Since Monday the 14th, just over two weeks ago, we’ve been stuck more-or-less in a range, the markets moving sideways.   And I expect that to continue for another week. After that, though, as we’ve discussed, it will be off to the races in one direction or the other. If I had to guess, it’ll be to the downside…  That’s just a guess, but an informed one, and here’s why: Few analysts really believe we’ll know the results of the election on election night.   It could be a matter of days, even a week or more till we know the official results, to say nothing of either or both parties potentially challenging those results. The best parallel to that kind of election in recent memory is from 2000. Some of you will remember that in the year 2000, there was a controversy about who won between Bush and Gore that came down to a handful of uncertain votes in Florida. Back then, the markets had been climbing but had hit resistance, just like we have right now… And then, the day after election day (circled in white) we saw the markets begin to sink:   Thereafter, we saw a White House Wave to the downside, taking the markets lower for the following two weeks. I think that scenario could play out again next week, if the results are uncertain. Of course, if we see a convincing win for either party, that changes the calculus entirely.  So we’ll just have to wait and see. One more week to get through folks — I know we’re all ready for a break from the noise. To your prosperity, Stephen Ground Editor-in-Chief, ProsperityPub P.S.: These kinds of sideways markets aren’t a problem for Nate’s incredible Overnight Options strategy — you should check it out here!

OCTOBER 29, 2024 Hey y’all,   We’re officially one week away from the election.   One week away (in theory) from this all being over.   Since Monday the 14th, just over two weeks ago, we’ve been stuck more-or-less in a range, the markets moving sideways.   And I expect that to continue for another week.   After that, though, as we’ve discussed, it will be off to the races in one direction or the other.   If I had to guess, it’ll be to the downside…    That’s just a guess, but an informed one, and here’s why:   Few analysts really believe we’ll know the results of the election on election night.   It could be a matter of days, even a week or more till we know the official results, to say nothing of either or both parties potentially challenging those results.   The best parallel to that kind of election in recent memory is from 2000. Some of you will remember that in the year 2000, there was a controversy about who won between Bush and Gore that came down to a handful of uncertain votes in Florida.   Back then, the markets had been climbing but had hit resistance, just like we have right now…   And then, the day after election day (circled in white) we saw the markets begin to sink:   Thereafter, we saw a White House Wave to the downside, taking the markets lower for the following two weeks.   I think that scenario could play out again next week, if the results are uncertain.   Of course, if we see a convincing win for either party, that changes the calculus entirely.    So we’ll just have to wait and see.   One more week to get through folks — I know we’re all ready for a break from the noise.   To your prosperity, Stephen Ground Editor-in-Chief, ProsperityPub   P.S.: These kinds of sideways markets aren’t a problem for Nate’s incredible Overnight Options strategy — you should check it out 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 phanxuanhoa60.trade1357@blogger.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 phanxuanhoa60.trade1357@blogger.com by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States Prosperity Pub