A trillion dollars here, a trillion dollars there, and pretty soon you’re talking serious money. On the surface, Nvidia is a massive success story… A semiconductor stock few had even heard of ten years ago takes the market by storm and rides the AI boom to the Trillion-Dollar Clubhouse. It has a $3.
The tape is still mixed. Tech-sector stocks and cryptocurrency look good - I like it - and they could well lead stocks to new all-time highs in the weeks ahead. Utility stocks seem to have snuffed out any strength in bonds, and if rates keep falling, we could see a boost in the two worst-performing
This evening, I'm going to show you exactly how you can take advantage of this unfolding opportunity. Let's get started
I’m traveling today, back to the island, with a loooong layover in Miami. Fitting after a week like this. IN/OUT just closed out its eighth winner, but the markets closed out a short week-long losing streak that somehow managed to feel even longer. Of course, it caps a month of 4% to 6% gains for
Conditions are looking good for the move I have in mind today… Crude futures spiked yesterday, up to $80.62… and then sold off today, pretty much erasing the gains of the previous two sessions. From a technical perspective, and I’ll show you the charts in just a second, this pushes us, bearishly, to
The past few U.S. Treasury auctions have attracted weak demand, particularly from foreign buyers. That’s dragged bond prices lower and pushed yields higher. This has upset the tenuous balance the market has achieved over the past few weeks, and we’re beginning to see the likelihood of the market’s w
Stick around the markets long enough and you’ll hear it: “Sell in May and go away.” It’s an old saying, dating from when Wall Street’s white-shoe stockbrokers (once the only game in town) fled Manhattan for a summer in the Hamptons… and volumes hit the floor. I’m sure brokers are still taking vacati
There’s an old (but usually true) cliche for times like we’re in now: “Bad news is good news,” meaning, terrible economic news is great for the markets, because it could lead to looser policy at the Fed. Well, if that’s true… you don’t have to be Warren Buffett to figure out what good data could
Today, the media was watching (and writing) about Nvidia, which yesterday reported dynamite earnings and announced a 10-for-1 split. But I was watching… a steep bond breakdown; a surging dollar; and crashing commodities. There’s a lot to talk about this evening, and I’ll show you my charts in a seco
