The Bulls Have Some Hurdles to Clear - Here’s What to Do
Stocks got squeezed out of the low yesterday, but there are still some formidable obstacles bulls need to get around to rekindle the bull market. Market breadth is starting to improve, but without the Magnificent Seven participating, bullish efforts won’t amount to much. We took a swing at Tesla (TSLA) a few weeks ago and…
TheoTrade’s Tale of the Tape: Bulls Have a Lot to Prove in Q2
It’s the last day of the first quarter, and it was a tough one for the U.S. market. Traders and investors alike were reminded that a financial world of opportunity exists beyond the United States’ borders. Fortunately, we were able to participate in that emerging move. But as we head into the second quarter and…
How a Rust-Belt Town Kid Found His Way to Wall Street
My parents moved to the United States from Italy a year before I was born. My father was in the cement business (surprise, surprise) and my mother worked as a secretary at Chrysler. I grew up in a small town in southeast Michigan littered with its fair share of skeleton factories. I realized at a…
The Table is Set for Q2: Are You Ready?
The finish line is in sight for the first quarter, and it served as a humble reminder for many that volatility lurks around every corner in this market. Does that mean there weren’t any opportunities on the long-side of this market? Absolutely not. In fact, I think we have new themes that are really going…
Stocks Face a Big Test Here - Here’s What to Do
“Can the bulls pull it off?” That’s the question on 162 million minds right now. Tonight we’ll answer it. Stocks started the week off on a strong note, but, as of about 1 PM today, they're in “catching their breath” mode. Nevertheless it’s way too early to say definitively that the tide has turned back…
TheoTrade’s Tale of the Tape: Energy Leads, but Is the Market Truly Bottoming?
A late-day rally on Friday saved stocks from a very nasty close on the week, but after surfing the charting landscape over the weekend, I’m not surprised to see this squeeze playing out to start the week. The billion-dollar question, of course, is whether this is another bear market rally or the start of something…
Every Bear Market Starts As a Correction
We’re heading into the final full trading week of the first quarter of 2025, and it’s been a tough one for the U.S. market. Other parts of the world, specifically Europe and China, are set to cap off a remarkable quarter, which begs the question: Can these trends continue into Q2? I’ll be covering my…
Here Are the Winners and Losers at This Turning Point
After a torrid two-day short-covering rally which saw stocks gain as much as 3.7%, we're seeing a fresh round of selling here in the U.S. market. Precious metals and those miners are a bright spot, though there’s a weaker dollar to thank for it. Of course, everyone’s looking forward to Fed Chairman Jerome Powell’s comments…
What Farming Taught Me About Trading
Spring is whispering its arrival - I can hear it in the morning birdsong and feel it in the shifting air. While this wasn't Michigan's harshest winter, I seem to have packed some of that cooler air with me during my recent Florida escape. There's something undeniably hopeful about the changing seasons. Interestingly, the legendary…
TheoTrade’s Tale of the Tape: Get Ready for the “Great Reflation” This Week
Stocks bounced from an oversold level late last week. As I settled back into my desk over the weekend, I was able to take full stock of the situation. It’s important to realize that some of the biggest rallies in stocks often occur during bear trends. These come from short squeezes. Remember, every current short…