My Favorite Trade On The SPY And QQQ
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perfect for a turbulent market
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REVENGE OF THE SMITH
My Favorite Trade On The SPY And QQQ From This Week You don’t need me to tell you that the markets have been a mess over the last few weeks. A Fed meeting compounded by earnings — there’s a lot of uncertainty leading to many fast overreactions. Remember a few weeks ago, when META’s earnings report tanked the whole stock market… 
When markets are this confused, one thing that you have to be able to do is read relative strength. The Nasdaq is volatile right now. It is unpredictable. Though it has been the kingmaker for many months, right now, it is in a period of uncertainty… And it’s been weaker than the S&P over recent months. Just look at the side-by-side… 
Strongly correlated, but the SPY has been the stronger index recently. Even so, trying to guess on one or the other, and being correct on direction, is a tough ask right now. But there’s one play I LOVE in these kinds of situations… And I want to talk you through it, because it’s perfect for markets like this. — Geof Smith 
Gold Is Hot!
Gold has been on a record run so far this year… But don’t waste your time buying and holding! Because Jeffry Turnmire has been working on a secret weekend gold trade… and it’s now FINALLY ready for public release! Click here to join him free for the LIVE reveal!
GUY COHEN’S TRADE RADAR
As Predicted, a Choppy Earnings 
Last week’s forecast of a choppy earnings season was accurate, with market direction being ambiguous. This week we need to see if there’s any follow through from Friday’s bounce. Until then, it’s premature to commit to a definitive market direction. As per last week, there are a few decent individual setups that we can look into more closely. Several played out very well, including BIDU and BABA, which we highlighted uncannily, though their gap-ups made entries tricky. And as I’ve mentioned over the past few weeks, my expectation that this market pullback would NOT turn into a capitulation looks well judged. Follow the money, — Guy Cohen |
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<font face="Arial, sans-serif" size="4" color="#000000" style="font-size:20px;line-height: 25px;"><span style="font-size:15px;"><b>MAY 8, 2024</b></span></font>
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<font face="Arial, sans-serif" size="4" color="#000000" style="font-size:20px;line-height: 25px;"><span style="font-size:19px;"><span style="color:#DAA520;"><b>REVENGE OF THE SMITH</b></span></span><br><span style="font-size:30px;"><b>My Favorite Trade On The SPY And QQQ From This Week</b></span></font><table width="571" border="0" cellpadding="0" cellspacing="0"><tr><td style="font-size: 1px; line-height: 1px; mso-line-height-rule: exactly;" width="571" height="5"> </td></tr></table>
<font face="Arial, sans-serif" size="3" color="#000000" style="font-size:15px;line-height: 23px;"><div style="font-size: 18px;line-height: 23px;text-align: left;"><font face="Arial, sans-serif" size="3" color="#000000" style="font-size:15px;"><br><span style="font-size:18px;">You don’t need me to tell you that the markets have been a mess over the last few weeks.<br><br>A Fed meeting compounded by earnings — there’s a lot of uncertainty leading to many fast overreactions.<br><br>Remember a few weeks ago, when META’s earnings report tanked the whole stock market…</span><br> </font></div></font><table width="571" border="0" cellpadding="0" cellspacing="0"><tr><td style="font-size: 1px; line-height: 1px; mso-line-height-rule: exactly;" width="571" height="5"> </td></tr></table>
<table border="0" cellpadding="0" cellspacing="0" align="center"><tr><td width="578"><a href="https://lh7-us.googleusercontent.com/r-P-KZeGr_kUVkY_qN0aa4YLNCQjANVWNqDTv_UutnIkH12rdJn2_oJFNsUrk4Niv8B_RMIgiJfLtd0nL86YDmc3G3rDCy5fRzWNrAkJmUVy0U1zi5n2Ldmwkc28TqiIL_AD9DdPxLuDVzDOfB7RhOE%3Ds2048" target="_blank"><img src="https://e.prosperitypub.com/assets/bm/imh/48/b/48b218282a637a4e9ee8825d2b4d19917f54f97f9daef09c40634e0e5cf980f1.png" width="578" height="135" alt="" title="" border="0" style="display: block;"></a></td></tr></table>
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<a name="pa38856556161" id="pa38856556161"><!-- --></a><table width="598" border="0" cellpadding="0" cellspacing="0" align="left"><tr><td width="598" valign="top" align="left"><table width="598" border="0" cellpadding="0" cellspacing="0" align="left">
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<font face="Arial, sans-serif" size="3" color="#000000" style="font-size:15px;line-height: 23px;"><div style="font-size: 18px;line-height: 23px;text-align: left;"><font face="Arial, sans-serif" size="3" color="#000000" style="font-size:15px;"><br><span style="font-size:18px;">Only for GOOG to post incredible earnings the very next day and send things moving the other direction.</span><br> </font></div></font><table width="571" border="0" cellpadding="0" cellspacing="0"><tr><td style="font-size: 1px; line-height: 1px; mso-line-height-rule: exactly;" width="571" height="5"> </td></tr></table>
<table border="0" cellpadding="0" cellspacing="0" align="center"><tr><td width="578"><a href="https://lh7-us.googleusercontent.com/GTsSyokRI1mcFwOXJQ2w_e-lmRuwIG-bK7EvlsHehElcYBqBkbi7kghWzVgH581ak1IFW7ASd3uHONSg89zRkwOtI1n43L512KW96e6Q52iZsdmL9It9bqWRzFumzwphE9egTGxt9X7QSRlQJaSOGIc%3Ds2048" target="_blank"><img src="https://e.prosperitypub.com/assets/bm/imh/1f/a/1fa9f176468f96ff0ab3b96f1d4bc592c29ef8741eec692f77cff8aabae7a3a3.png" width="578" height="134" alt="" title="" border="0" style="display: block;"></a></td></tr></table>
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<a name="pa38856557627" id="pa38856557627"><!-- --></a><table width="598" border="0" cellpadding="0" cellspacing="0" align="left"><tr><td width="598" valign="top" align="left"><table width="598" border="0" cellpadding="0" cellspacing="0" align="left">
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<font face="Arial, sans-serif" size="3" color="#000000" style="font-size:15px;line-height: 23px;"><div style="font-size: 18px;line-height: 23px;text-align: left;"><font face="Arial, sans-serif" size="3" color="#000000" style="font-size:15px;"><br><span style="font-size:18px;">When markets are this confused, one thing that you have to be able to do is read relative strength.<br><br>The Nasdaq is volatile right now. It is unpredictable. Though it has been the kingmaker for many months, right now, it is in a period of uncertainty… <br><br>And it’s been weaker than the S&P over recent months.<br><br>Just look at the side-by-side…</span><br> </font></div></font><table width="571" border="0" cellpadding="0" cellspacing="0"><tr><td style="font-size: 1px; line-height: 1px; mso-line-height-rule: exactly;" width="571" height="5"> </td></tr></table>
<table border="0" cellpadding="0" cellspacing="0" align="center"><tr><td width="578"><a href="https://lh7-us.googleusercontent.com/-P2p2l6xwYKcwnvGbrJFBKeOANYxZPfBjRnF84O0SUgY21faw7VAMhD-G6YLXd5on1Wq_-NnyHhrd2ti1C8woMG9yhbgyD40swSe-PwxIsNfOTXwOZ8hrRR53WYMVweDa0WSS2u0TfWi5-cxW_sH4bA%3Ds2048" target="_blank"><img src="https://e.prosperitypub.com/assets/bm/imh/55/7/557b79bfa7ce5b044e383d41d0c08d98b33e94bb055494f145ca7ece9cc48e5a.png" width="578" height="322" alt="" title="" border="0" style="display: block;"></a></td></tr></table>
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<td width="578" align="left"><font face="Arial, sans-serif" size="3" color="#000000" style="font-size:15px;line-height: 23px;"><div style="font-size: 18px;line-height: 23px;text-align: left;"><font face="Arial, sans-serif" size="3" color="#000000" style="font-size:15px;"><br><span style="font-size:18px;">Strongly correlated, but the SPY has been the stronger index recently.<br><br>Even so, trying to guess on one or the other,<i> and </i>being correct on direction, is a tough ask right now.<br><br>But there’s one play I LOVE in these kinds of situations…<br><br><a style="color:#1122cc;font-weight:normal;text-decoration:none;line-height: 23px;" href="https://prosperitypub.com/geof-smith/my-favorite-trade-on-the-spy-and-qqq-from-this-week/"><font face="Arial, sans-serif" color="#1122cc"><b><u>And I want to talk you through it, because it’s perfect for markets like this</u></b></font></a>.<br><br>— Geof Smith</span><br> </font></div></font></td>
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<font face="Arial, sans-serif" size="3" color="#000000" style="font-size:15px;line-height: 23px;"><span style="font-size:18px;"><b>Gold Is Hot!</b><br><br>Gold has been on a <i><b>record run </b></i>so far this year…<br><br>But <i><b>don’t waste your time</b></i> buying and holding!<br><br>Because Jeffry Turnmire has been working on a <i><b>secret weekend gold trade</b></i>… and it’s now <i><b>FINALLY ready for public release!</b></i></span><br><br><span style="font-size:18px;"><a style="color:#1122cc;font-weight:normal;text-decoration:none;line-height: 23px;" href="https://get.jeffrytrader.com/may-gold-rush-lp-int/"><font face="Arial, sans-serif" color="#1122cc"><u><b>Click here to join him free for the LIVE reveal!</b></u></font></a></span></font>
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<font face="Arial, sans-serif" size="4" color="#000000" style="font-size:20px;line-height: 25px;"><span style="font-size:19px;"><span style="color:#DAA520;"><b>GUY COHEN’S TRADE RADAR</b></span></span><br><span style="font-size:30px;"><b>As Predicted, a Choppy Earnings</b></span><br> </font><table width="571" border="0" cellpadding="0" cellspacing="0"><tr><td style="font-size: 1px; line-height: 1px; mso-line-height-rule: exactly;" width="571" height="5"> </td></tr></table>
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<font face="Arial, sans-serif" size="3" color="#000000" style="font-size:15px;line-height: 23px;"><div style="font-size: 18px;line-height: 23px;"><font face="Arial, sans-serif" size="3" color="#000000" style="font-size:15px;"><br><span style="font-size:18px;">Last week’s forecast of a <i><b>choppy earnings season </b></i>was accurate, with market direction being <i><b>ambiguous.</b></i> This week we need to see if there’s any<i><b> follow through</b></i> from Friday’s bounce. Until then, it’s<i><b> premature</b></i> to commit to a definitive market direction.<br><br>As per last week, there are a few decent individual setups that we can look into more closely. Several played out very well, including <i><b>BIDU </b></i>and <i><b>BABA</b></i>, which we highlighted uncannily, though their <i><b>gap-ups made entries tricky</b></i>.<br><br>And as I’ve mentioned over the past few weeks, my expectation that this <i><b>market pullback would NOT turn into a capitulation</b></i> looks well judged. </span><br> </font></div>
<div style="font-size: 18px;line-height: 23px;text-align: center;"><font face="Arial, sans-serif" size="3" color="#000000" style="font-size:15px;"><a style="color:#1122cc;font-weight:normal;text-decoration:none;line-height: 23px;" href="https://t.ly/MPrgc"><font face="Arial, sans-serif" color="#1122cc"><span style="font-size:30px;"><b><u>Click here to watch now!</u></b></span></font></a></font></div>
<div style="font-size: 18px;line-height: 23px;"><font face="Arial, sans-serif" size="3" color="#000000" style="font-size:15px;"><br><span style="font-size:18px;">Follow the money,<br><br>— Guy Cohen</span><br> </font></div></font>
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<span style="font-size:19px;"><span style="color:#DAA520;"><b>REVENGE OF THE SMITH</b></span></span><br><span style="font-size:30px;"><b>My Favorite Trade On The SPY And QQQ From This Week</b></span>
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<br><span style="font-size:18px;">You don’t need me to tell you that the markets have been a mess over the last few weeks.<br> <br>A Fed meeting compounded by earnings — there’s a lot of uncertainty leading to many fast overreactions.<br> <br>Remember a few weeks ago, when META’s earnings report tanked the whole stock market…</span><br> </div></div>
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<br><span style="font-size:18px;">Only for GOOG to post incredible earnings the very next day and send things moving the other direction.</span><br> </div></div>
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<br><span style="font-size:18px;">When markets are this confused, one thing that you have to be able to do is read relative strength.<br> <br>The Nasdaq is volatile right now. It is unpredictable. Though it has been the kingmaker for many months, right now, it is in a period of uncertainty… <br> <br>And it’s been weaker than the S&P over recent months.<br> <br>Just look at the side-by-side…</span><br> </div></div>
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<br><span style="font-size:18px;">Strongly correlated, but the SPY has been the stronger index recently.<br> <br>Even so, trying to guess on one or the other,<i> and </i>being correct on direction, is a tough ask right now.<br> <br>But there’s one play I LOVE in these kinds of situations…<br> <br><a href="https://prosperitypub.com/geof-smith/my-favorite-trade-on-the-spy-and-qqq-from-this-week/"><b><u>And I want to talk you through it, because it’s perfect for markets like this</u></b></a>.<br> <br>— Geof Smith</span><br> </div></div>
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<span style="font-size:18px;"><b>Gold Is Hot!</b><br> <br>Gold has been on a <i><b>record run </b></i>so far this year…<br> <br>But <i><b>don’t waste your time</b></i> buying and holding!<br> <br>Because Jeffry Turnmire has been working on a <i><b>secret weekend gold trade</b></i>… and it’s now <i><b>FINALLY ready for public release!</b></i></span><br> <br><span style="font-size:18px;"><a href="https://get.jeffrytrader.com/may-gold-rush-lp-int/"><u><b>Click here to join him free for the LIVE reveal!</b></u></a></span>
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<span style="font-size:19px;"><span style="color:#DAA520;"><b>GUY COHEN’S TRADE RADAR</b></span></span><br><span style="font-size:30px;"><b>As Predicted, a Choppy Earnings</b></span><br> </div>
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<br><span style="font-size:18px;">Last week’s forecast of a <i><b>choppy earnings season </b></i>was accurate, with market direction being <i><b>ambiguous.</b></i> This week we need to see if there’s any<i><b> follow through</b></i> from Friday’s bounce. Until then, it’s<i><b> premature</b></i> to commit to a definitive market direction.<br> <br>As per last week, there are a few decent individual setups that we can look into more closely. Several played out very well, including <i><b>BIDU </b></i>and <i><b>BABA</b></i>, which we highlighted uncannily, though their <i><b>gap-ups made entries tricky</b></i>.<br> <br>And as I’ve mentioned over the past few weeks, my expectation that this <i><b>market pullback would NOT turn into a capitulation</b></i> looks well judged. </span><br> </div>
<div style="font-size: 18px; text-align: center;"><a href="https://t.ly/MPrgc"><span style="font-size:30px;"><b><u>Click here to watch now!</u></b></span></a></div>
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<br><span style="font-size:18px;">Follow the money,<br> <br>— Guy Cohen</span><br> </div>
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<!-- --><div class="text"><p style="color: rgb(101, 101, 101); font-size: 12px; text-align: left;"><i><b>ABOUT US: </b>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.<br><b>DISCLAIMER: FOR INFORMATION PURPOSES ONLY. </b>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.<br><b>DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. </b>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 <a href="/terms-of-service"><u>https://prosperitypub.com/terms-conditions/</u></a> for our full Terms and Conditions.</i><br> <br><a href="#"><b>Unsubscribe</b></a><br>This email was sent to [email protected] by <b>Prosperity Pub</b><br>101 Marketside Ave, Suite 404 PMB 318,<br>Ponte Vedra, Florida 32081, United States<br><a href="https://prosperitypub.com/"><b>Prosperity Pub</b></a></p></div>
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MAY 8, 2024
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REVENGE OF THE SMITH
My Favorite Trade On The SPY And QQQ From This Week
You don’t need me to tell you that the markets have been a mess over
the last few weeks.
A Fed meeting compounded by earnings — there’s a lot of uncertainty
leading to many fast overreactions.
Remember a few weeks ago, when META’s earnings report tanked the
whole stock market…
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Only for GOOG to post incredible earnings the very next day and send
things moving the other direction.
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When markets are this confused, one thing that you have to be able
to do is read relative strength.
The Nasdaq is volatile right now. It is unpredictable. Though it has
been the kingmaker for many months, right now, it is in a period of
uncertainty…
And it’s been weaker than the S&P over recent months.
Just look at the side-by-side…
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Strongly correlated, but the SPY has been the stronger index
recently.
Even so, trying to guess on one or the other, and being correct on
direction, is a tough ask right now.
But there’s one play I LOVE in these kinds of situations…
And I want to talk you through it, because it’s perfect for markets
like this [1].
— Geof Smith
[1]
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Gold Is Hot!
Gold has been on a record run so far this year…
But don’t waste your time buying and holding!
Because Jeffry Turnmire has been working on a secret weekend gold
trade… and it’s now FINALLY ready for public release!
Click here to join him free for the LIVE reveal! [1]
[1]
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GUY COHEN’S TRADE RADAR
As Predicted, a Choppy Earnings
Last week’s forecast of a choppy earnings season was accurate, with
market direction being ambiguous. This week we need to see if
there’s any follow through from Friday’s bounce. Until then, it’s
premature to commit to a definitive market direction.
As per last week, there are a few decent individual setups that we
can look into more closely. Several played out very well, including
BIDU and BABA, which we highlighted uncannily, though their gap-ups
made entries tricky.
And as I’ve mentioned over the past few weeks, my expectation that
this market pullback would NOT turn into a capitulation looks well
judged.
Click here to watch now! [1]
Follow the money,
— Guy Cohen
[1] https://e.prosperitypub.com/go/2/5UK243VH-5UJZMU7A-5UJZMU71-FFPJ4B.html?opt_domain=e.prosperitypub.com&banner=SAM_458333000038&SCID=b2xpdmlhbXVycGh5NDA5QGdtYWlsLmNvbQ%3D%3D&utm_source=358864629336&utm_medium=email&utm_campaign=458333000038&opt_mandator=354988191864&opt_affiliate=&bmMailId=5UK243VH-5UJZMU7A-3BTPAI
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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
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