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GUY COHEN’S MARKET INSIGHT Was Thursday A Warning Sign? Even if it’s just an early shot across the bows, last Thursday’s action increases the likelihood of a pullback happening sooner rather than later. Friday was a good recovery, but even if we make new highs, I would expect further bearish monorail bars like Thursday to follow in due course. Remember what I’ve said before: “The likely scenario for this bull run is that the giant techs need to report their earnings before this market can take a proper rest.” With 4 of the “Magnificent 7” already having reported (TSLA, MSFT, META, GOOG) — two more go this week (AAPL and AMZN). That leaves just one (NVDA) for August 23rd… will the market wait for NVDA to report before it takes its much needed break? Here’s what my indicators are telling me about the major indexes:
Follow the money, — Guy Cohen JEFFRY TURNMIRE Here’s What Makes It Tick Over the past few days, I’ve been sharing a unique finding with you. You might have seen the emails about “52 wins across 52 trades” I’m not into hype. If you’ve ever attended one of my Morning Monster shows or if you’re active in my Discord channel, you’ll know that. So while I don’t like to brag or use undue hype, even I have to admit that a 100% win rate is pretty stunning. Because of that, I figured I’d look into the mechanism that makes this strategy work. Again, you might have seen the emails about a “pricing error”. Here’s what I mean by that. Most options prices follow a curve that looks like this: ![]() Weird, right? The price for some reason spikes up and then falls… I think you can see where I’m going with this. This pricing error follows a predictable timeline — so just buy the option before it spikes. And sell it when it does. That’s the basics of it. If you want to see more about it, I put the details into a PDF which you can view here. And if you REALLY want to get into it, I put together a video you can watch right here. As I said, I hate hype, but a 100% win rate is not something you generally want to ignore. Professional traders spend their whole lives looking for an edge in the markets. So far this one is as good as I’ve ever seen. Hope to see you there, — Jeffry Turnmire P.S. As with all trading, never trade with money you need to pay the rent. Past performance is not indicative of future results. |
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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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