Good Trading Is About to Get Better
The S&P 500 and Dow are closing out the week with losses, despite a few up days here and there. The NASDAQ on the other hand is up… oooh… a whopping 0.35% in the past five days. As I’d say on any given morning, “massively unchanged!” Most of that NASDAQ gain is because Tesla kicked…
It’s All About Oil and Energy Versus Gold and Inflation
What a week - after fighting up to all time highs, it’s like the market keeps banging its head on higher highs and then shrinking away. It’s done that every single day this week, not really selling off, but not powering through, either. There’s a lot of low volume, and when you couple that with…
The Market’s Breaking Its “Silence” in a Big Way
The S&P 500 has been… pretty boring lately, bouncing around in an extraordinarily tight range. But everything around stocks has been making huge moves. Gold, dollars, bonds - all seeing tremendous action to the up- and downside. But now we’re starting to see volatility creep back up - it always creeps before it punches you…
The Trinity Trade Is Looking to Push Stocks to All-Time Highs
If you didn’t know any better, you’d think the market has been trying to lull traders to sleep over the past week. Nevertheless, stocks have continued to press up against their highs. The U.S. dollar continues to suck global capital into American markets, though we may see a temporary top around Election Day. At least,…
A Bond Rout Spooks Interest Rate-Sensitive Sectors
Bonds have been quietly (as usual) selling off as the S&P 500 tests new all-time highs. Of course, for folks like me who’re in the markets all day, “quiet” is anything but; rate-sensitive corners of the market may finally take notice after today’s sell-off. Now, I can hear you ask: “What does interest rate-sensitive mean,…
Election Risks Are Fading - Here’s What That Means
The VIX, which had been mostly stuck above 20, is falling fast - 18 and heading south. Inflation looks like it might be ready for a comeback, but that seems like the furthest thing from traders’ minds. They’re fixated on the election in a little more than two weeks, and they see risk fading there.…
What You Need to Know Before Tomorrow
Blake has something special cooked up for you. As we all know by now, today’s retail sales report was… inflationary… but it might not be a great thing for retail stocks. Blake’s also looking at the struggle-y, grind-y move higher in equities. He’ll clue you into the role inflation, gold, and the rising dollar are…
Nvidia Rips, Meta Slips… And Everything Else Is Stuck
The tech sector… doesn’t quite know what to do with itself today. Nvidia rocked more than 3% to the upside after yesterday’s semiconductor slaughter. But Meta, which is about to find itself on the pointy end of a likely large lawsuit, was on track to close down nearly 2% to the day. And it’s like…
Chips Just Took a Big Hit - Here’s What to Do
The bullish action of the last few sessions came to a screeching halt today as stocks sold off. Tech was led lower by the semiconductor sector, which has otherwise enjoyed a nice run higher this year, with high-volume, bellwether chip ETFs like SMH and SOXX tacking on gains of around 25% in 2024. Now both…
Welcome to the “Pain Trade” - Here’s What to Do About It
“What’s the pain trade, Brandon?” I can hear you ask. Well, it’s the trade that delivers the most amount of punishment to as many investors as possible. Get familiar with it. The market is grinding higher, satisfying pretty much nobody. The bulls are left wanting more, whereas the bears who were short the market (like…