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MAY 24, 2024TUCCI’S TWO CENTS Jump Trades Step-by-Step Walkthrough A few days ago, right before NVDA earnings, I taught the Jump Trades strategy step-by-step to a room full of excited traders. If you missed it, tune in to this on-demand lesson to get everything you need to know to place your first trade using the Jump Trades strategy. Click here to watch now! — Nate TucciTired of Government Waste? The government has been spending your tax dollars like water… $21,000 for a garbage can? Nearly $500 for a wrench? Not even if it was made of gold and resting on a purple, velvet pillow! It’s not just wasteful… it’s SHAMEFUL! But what if you could tap into the companies receiving these wasteful government funds and turn it to your benefit?? Click to reserve your spot for this eye-opening event!SCOTT WELSH’S ANATOMY OF A GREAT TRADE Anatomy of a Great Trade: BIDU It seems like Chinese stocks are always in the news. Sometimes China is a friend to the U.S. and sometimes it’s a mortal enemy. Sometimes trade goes well and other times it seems like no one wants to trade with China ever. Then, of course, there are all sorts of Chinese government regulations that can come out of nowhere and the general unsubstantiated feeling by traders that the Chinese stock market is manipulated. In short, China always seems to be volatile. And with volatility comes opportunities to grab Deep Value. This happened with Baidu, Inc. (BIDU) not too long ago. Here’s the chart: Back in October 2022, PDD fell down near the lower Band and was trading at about $74. That was the lowest it had been in a while. A Deep Value position taken around that time would have seen a quick move up to “fair value” (the dashed moving average line) of $148 in February. That’s a double in only a few months. Chinese stocks can go on sale at any time. If they drop too far, they can be nice winners. Happy trading, Scott |
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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. |
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