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Keep Calm And Carry On… (No Matter What The Fed Does)

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JULY 26 2023
 
   
JEFFRY TURNMIRE’S DISCORD DISCOURSE
The News Doesn’t Make The Charts 
 

By the time you read this, the Fed will have announced a quarter-point rate hike at their 2pm Eastern press conference.…

Or maybe they decided to hold the line and forego an increase…

Or maybe they went with a half point hike…

Whatever they do — the point is that it doesn’t matter.

Jeffry has always taught us that “the news doesn’t make the charts”.

Like this bit of wisdom he posted in Discord a few weeks ago:

 
 
If you’ve ever seen him draw an arrow on a chart, only to then watch as the market hits that level months later…

You know that he isn’t blowing smoke.

For instance, take these arrows that he drew in mid-January, as the SPX sat at around 4000:

 
 
For comparison, here’s what actually happened with the SPX:
 
 
Look familiar? It should.
 
He was pretty much spot on.

And remember — this wasn’t just blind luck.

Between January and now, lots of news “should” have sent markets careening downwards:

 
The Fed has raised rates several times…
China’s economy missed growth forecasts…
And we had several HUGE bank failures…
And more…

So if you panicked about today’s potential Fed rate hike…

First of all, as Jeffry always tells us — you took too large of a position. Back off and only trade with money you can afford to lose.

But secondly, relax… because the Fed can thrash all they want.

Or they can suspend rate hikes.

Or they can do something completely unexpected.

It doesn’t matter — because the ultimate truth in the market is price.

And no news can push that around if it wasn’t already headed there anyway.

May the markets be ever in your favor,

— The Prosperity Pub Team

P.S. If you’re itching to get into Jeffry’s Discord, the most inexpensive way to do that is to get in on this Market Roadmap deal.

It’s just $5 for 3 months and it’s probably the best $5 you’ll ever spend. Click here to get started.
JEFFRY TURNMIRE
Is This Asset Reaching Critical Mass?
 
 
Do you remember a time before barcodes?
 
 
They seemingly invaded store shelves in the 80’s…

But did you know the technology had been around, in one form or another, for decades before that?

What really pushed barcodes into the mainstream was adoption by major retailers. And then — seemingly overnight, barcodes were everywhere.

The same thing has happened with lots of technologies: Fax machines… the internet… smartphones.

They’re around for a long time before suddenly, something kicks mainstream adoption into overdrive.

I believe we’re seeing that with Bitcoin today.

In the past couple of months, major financial institutions have been doing an about-face on the digital asset.

You don’t have to understand the headlines below to know that something big is happening to Bitcoin:

 
 
Kind of like Rudolph the Red-nosed Reindeer, Bitcoin is finally being welcomed in from the cold by the very institutions that used to ignore it and call it names.

It may not feel like much right now.

Your life 4 weeks ago might not be very different than it is today.

But the fact that these huge institutions are throwing their weight behind Bitcoin will have profound effects on this digital asset. Then it’s just a matter of time before it starts to affect your life.

Just by the sheer power of infrastructure and increased accessibility…

When the masses can invest in and use Bitcoin without having to go outside of traditional financial channels, interest will explode.

And, to my way of thinking, price will follow.

That’s part of the reason why I’ve staked over $213,000 of my own family’s money in Bitcoin.

But it’s not just a buy and hold play. (Some people are doing that, but it’s not as efficient.)

I’ve got several patterns that I’ve studied over the years that lead me to believe that Bitcoin is going to absolutely explode over the coming months.

And — to make things even better — I’ve figured out a way that anyone can invest in Bitcoin right inside an existing brokerage account.

In plain English:

 
If you can trade regular stocks and options,
you already have what you need to get started with Bitcoin.

If you’d like to hear more about it, I’m going LIVE tomorrow at 1pm Eastern and I urge you to click here to register your spot.

I’ll see you there,

— Jeffry Turnmire

P.S. It’s very easy to get discouraged if you watch Bitcoin day-to-day. A 2% drop here… A bounce there.

But when you have a roadmap based on recurring patterns… One that tells you where Bitcoin could be headed in the long term, it lets you breathe easier. Click here to register your spot and discover that roadmap.
   
 

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