Greed is good

for right now, anyway…

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NOVEMBER 12, 2024       Hey y’all, In the 1987 film Wall Street, Michael Douglas’s character Gordon Gekko delivers an iconic speech to the shareholders of a company he’s trying to control.  Famously, he declares: “Greed, for lack of a better word, is good.”  If anyone remembers anything from this speech, it’s that singular line. But the end of the speech is also fascinating: “Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA. Thank you very much.”   But today, we view “greed” as one of the ultimate vices.  Wanting more for ourselves? No, that’s not polite. That’s not what’s done in fine society. It’s distasteful. Of course, Gordon Gekko wasn’t meant to be a moral leader or a role model. But his basic idea, that people who take big risks and push new ideas are driven by incentive structures that reward their successes, shouldn’t be controversial. And that’s true for your life as a trader, too. Right now, in the White House Wave post-election, the Fear/Greed index is pushing higher and higher. Currently sitting at 68.  While the old Warren Buffett logic insists “be fearful when others are greedy and greedy when others are fearful,” I think sometimes it’s ok to be greedy when others are greedy.  Right now there’s a wave of momentum in the stock market, and as I’ve shown before, history indicates that these White House Waves last for at least 10-14 days after the election. Yes, of course, the markets will reverse eventually. And maybe it could be today. And, then again, maybe the sun won’t come out tomorrow if you wash your hair. Think like that, and you’re gonna go crazy. The point is, if you run your trading accounts constantly waiting for the other shoe to drop, you’ll miss out on many opportunities and cause a lot of heartburn. Never risk your whole account on one position, of course. Always protect yourself where you can.  But don’t forget to make hay while the sun is shining, cause it won’t be forever. To your prosperity, Stephen Ground Editor-in-Chief, ProsperityPub P.S. Tomorrow’s CPI data could sink markets just as easily as it could send them soaring! But Jack Carter’s data shows that THESE TWO STOCKS could soar — no matter what!

NOVEMBER 12, 2024 Hey y’all,   In the 1987 film Wall Street, Michael Douglas’s character Gordon Gekko delivers an iconic speech to the shareholders of a company he’s trying to control.    Famously, he declares: “Greed, for lack of a better word, is good.”    If anyone remembers anything from this speech, it’s that singular line. But the end of the speech is also fascinating: “Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA. Thank you very much.”   But today, we view “greed” as one of the ultimate vices.    Wanting more for ourselves? No, that’s not polite. That’s not what’s done in fine society. It’s distasteful.   Of course, Gordon Gekko wasn’t meant to be a moral leader or a role model. But his basic idea, that people who take big risks and push new ideas are driven by incentive structures that reward their successes, shouldn’t be controversial.   And that’s true for your life as a trader, too.   Right now, in the White House Wave post-election, the Fear/Greed index is pushing higher and higher. Currently sitting at 68.  While the old Warren Buffett logic insists “be fearful when others are greedy and greedy when others are fearful,” I think sometimes it’s ok to be greedy when others are greedy.    Right now there’s a wave of momentum in the stock market, and as I’ve shown before, history indicates that these White House Waves last for at least 10-14 days after the election.   Yes, of course, the markets will reverse eventually. And maybe it could be today.   And, then again, maybe the sun won’t come out tomorrow if you wash your hair. Think like that, and you’re gonna go crazy.   The point is, if you run your trading accounts constantly waiting for the other shoe to drop, you’ll miss out on many opportunities and cause a lot of heartburn.   Never risk your whole account on one position, of course. Always protect yourself where you can.    But don’t forget to make hay while the sun is shining, cause it won’t be forever.   To your prosperity,   Stephen Ground Editor-in-Chief, ProsperityPub P.S. Tomorrow’s CPI data could sink markets just as easily as it could send them soaring! But Jack Carter’s data shows that THESE TWO STOCKS could soar — no matter what!

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