Selasa, 01 Agustus 2023

TCOM just broke out (and this other one could be next)

 
   
     
   
 
August 1, 2023
 
   
   
   
SCOTT WELSH’S TICKER TALES
These Travel Tickers Are Long Term Plays
 

Back on July 20th, we were wondering about the huge increases in travel worldwide, and we were wondering if Trip.com might break out.

It just did.

Here was the chart from the past email:
 
 
Then, we were looking for a break above $40.17.

Here’s the very recent breakout:
 
 
It’s now just above $41. If it gets above $45.30, it could really run.

But if people are booking more travel, they have to stay somewhere when they get there.

That somewhere could possibly be at a Wynn hotel. 

Here’s the chart for WYNN (Wynn Resorts):
 
A break above $117.86 could catapult WYNN upward.

We’ll keep an eye on both of these travel-related stocks.

— Scott Welsh

P.S. As a reminder, these plays are based on my longer-term Weinstein Stage Analysis method. The charts above use weekly candles and a 30 week simple moving average. For details on this method, see my explanation on this Ask The Pros episode starting at timestamp 20:45.
JEFFRY TURNMIRE
Dark Pools: The Hidden Markets of Wall Street
 

Wall Street is often associated with open outcry trading pits…

Or frantic traders glued to multi-screen setups, buying and selling shares in a whirlwind of activity.

But a significant chunk of financial trading now happens away from the public's gaze, in private exchanges known as "dark pools."

Dark pools are essentially private, off-exchange platforms where institutional investors trade large blocks of securities away from the public’s prying eyes.

These were originally created to facilitate block trading — the buying or selling of a large number of securities — without causing massive price swings in the market.

Consider this scenario: A pension fund wants to offload a big chunk of shares. If this information were made public before the trade, opportunistic traders could front-run the trade, leading to an unfavorable price for the pension fund.

But by executing the trade in a dark pool, the pension fund can offload the shares without significantly impacting the market price.

So, why the scary sounding name? Well, “dark” refers to the lack of transparency.

Unlike public exchanges, where every trader can see all the orders, dark pools keep the orders hidden. This is intentional, designed to prevent information leakage that could affect market prices.

But like any aspect of the financial markets, dark pools are not without controversy. Critics argue that the lack of transparency can lead to predatory practices and an uneven playing field for retail investors.

And regulatory bodies have expressed concerns, leading to stricter oversight in recent years.

Just as the clandestine nature of dark pools allows for certain advantages in the market, there are other less-known "glitches" within Wall Street's technological landscape that can be exploited by retail traders like us.

It might sound unbelievable to you, but despite Wall Street's mountains of money and advanced trading algorithms — their bots are not foolproof.

I discovered one "glitch" in a specific ticker's options pricing algorithm.

And it has allowed me to execute trades with unheard of accuracy.

In plain English:

I've been trading on this flaw for over a year, and so far I’ve made 52 trades without a single loss.

I know it’s hard to believe — even for me.

In fact, even one of my top followers said she wouldn’t believe it if she hadn’t seen it with her own eyes:
 
 
If you're intrigued and want to know more about this glitch, click here to join me LIVE at 1pm Eastern today where I’ll be sharing more details about what makes it tick.

Hope to see you there,

— Jeffry Turnmire

P.S. Although this strategy has worked out and had successful trades 100% of the time — for the past year, I feel it is my duty to remind you that anything can and will happen in the markets.

There may come a day when this strategy takes a loss, so always remember to trade only with money that you can afford to lose — even if the strategy has had nothing but winners so far.
   
 
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