Catch Up on This Morning’s Session
Here’s to the End of a Long Week! By Blake Young Congratulations! You just made it through a historic week - the most volatile week since 2022. Even more incredible, we saw the VIX top 65 at one point early on. That easily gives the 2008 Crash and the COVID Crash a run for the…
The Defensive Sectors and VIX Have NOT Given the All-Clear Signal
The market has been a rollercoaster lately, with the resilience of defensive sectors and the modest bounce in the technology sector painting an intriguing picture. This movement hints at a temporary adjustment rather than a full-blown recovery. The VIX, still holding strong above 22, reinforces this idea and suggests we might be on the verge…
Three Names on This Week’s Watchlist
Hello, everyone, Blake Young with you on this historic Monday - historic in terms of the volatility we’re seeing in this big downturn. The big indexes are down anywhere from 2.7% to 3.2% as I write this. But, contrary to what you might think - and contrary to what’s certainly being said in the financial…
Markets, Please Exit to Safety In an Orderly Fashion
The “feel” of the market is strange right now. It feels like someone saw a fire and pulled the alarm… but investors are essentially treating it like a fire drill. We’re not seeing panic, chaos, mass capital destruction - just a big selloff of the marquee names like Nvidia on the NASDAQ. Stocks like NVDA,…
Investors Are Betting Against Inflation and For Recovery
Note: My friend and colleague Gianni Di Poce will be on TheoTrade Live tomorrow morning to talk about how to use AI for a shot at doubling the markets. AI looms large right now… We were treated to an unexpectedly strong second-quarter GDP print today - 2.8% on an annualized basis. That’s almost double last…
Let’s Talk About the Regular Trading Hours Retest
Look at a 24-hour chart of the S&P 500 ETF, SPY, and you’ll see clear gaps in the price action overnight. I’ll show you what I mean in a second, but bear with me. Those happen precisely because of overnight activity; it’s not magic. If the market was open 24 hours a day… the gap…
Tech Just Scared Traders Into Safety - Here’s What to Do
Markets go up and down every day. Sometimes that’s not really significant - just the ebb and flow of capital. On other days, though, there’s a real shift in key sectors. That’s what we got today. The tech-heavy NASDAQ had sunk more than 1.7% by 3:30 PM, whereas the broader S&P 500 had dropped just…
How to Buy Growth Stocks in an Economy That Isn’t Growing
The S&P 500 and NASDAQ both hit record highs today - in a shortened, not-very-exciting trading session. But we’re also seeing numerous signs that the U.S. economy is starting to slow down. I think, if you look in the right places, we’re seeing really ominous signs of that dreaded beast, stagflation. And this is all…
How to Play the Two Weakest Sectors in the Market Right Now
Technology, healthcare, financials, energy - ask any average Joe or Jane on the street to name a sector of the stock market and you’ll probably hear one of these thrown back at you. They get headlines and headspace, plenty of capital, and, yes, they occasionally lead the market - particularly tech and energy - but…
Tech Tanks and the Flight to Safety Is On
The Magnificent Seven oftentime market leaders were, collectively, down more than 1% by midday. The broader NASDAQ-100, around 55% of which is tech, was off around 0.06% over the same timeframe. That doesn’t sound like much, because it really isn’t, but the selling is important because it’s a sign of the times: The appetite for…