(exactly when isn’t clear yet)
 
   
     
   
 
FEB 7, 2024
   
GUY COHEN’S TRADE RADAR
A Decent-sized Retracement Would Set Us Up Nicely
 
 
 

Last week I said more upside was likely through the end of earnings, but also signs that a pause would be necessary.

Last Wednesday, we saw many bearish looking railroad tracks, but in my Thursday webinar, I demonstrated that I didn’t fancy any of them.

That proved to be another great call as the markets shook off Wednesday’s down bar and powered on upwards.

All this reinforces my long held narrative that I only expect a more serious retracement after earnings season.

Precisely when I won’t say just yet, but a decent sized retracement would set us up nicely for the rest of the year with plenty of bullish Shrinking Retracements.
 
Follow the money,

— Guy Cohen
 
 
Is The Magnificent 7 Breaking Up?!

While META, and NVDA seem unstoppable… AAPL is waffling… and TSLA is crumbling! What’s a trader to do?

Forget what “should be” and focus on what “is happening!”

Click here to tune in to Jeffry Turnmire’s 2024 Market Forecast now!
PROSPERITY PUB MARKET TALK
Trading Together: The Power of Community
 

Today we thought we’d highlight one of the coolest aspects of being in Jeffry Turnmire’s orbit.

Sure, he’s got more YouTube content than you can shake a stick at.

And he’s always giving out trade ideas — not to mention warnings!

But for those who go a little deeper and try out Jeffry’s private Discord channels, they discover a community unlike any other.

It’s a place where traders of all levels come together to share insights, strategies, and support each other.

But the best part — is that it's not just about Jeffry.

It's about the collective wisdom and support of a group of like-minded individuals dedicated to succeeding in the markets.

Like today… One of Jeffry’s most active students — and one of his biggest success stories — shared some dividend plays he’s taking as well as more general wisdom.
 
 

It’s these kinds of conversations that really highlight the value of being part of Jeffry's inner circle. It’s not just about receiving trade alerts; it’s about understanding the reasons behind the trades.

Not to mention learning to navigate the market independently, but with the support of a “trading family.”

You can get started with some of the essential Discord channels by grabbing Jeffry’s $5 Market Roadmap deal.

Or if you want to go “whole hog” with full access to everything… Why not check out Jeffry’s 2024 Market Forecast — where you’ll also get details on joining his inner circle.

— The Prosperity Pub Team