There’s a saying in life that goes, “Don’t judge a book by its cover.” Well, as it turns out, we shouldn’t judge the market solely by the indices either. It amazes me how, after just one week of selling, I’m already starting to see calls for a “Trump slump,” and for stocks to experience a
Compared to election week, this one’s been rather quiet as markets digest the announcements of the new administration’s cabinet and policy objectives. Even though this market’s cycle is maturing, remember that, as a rule, any consolidation near the highs of a move tends to be bullish. By now, I’m su
After last week’s presidential election and Fed rate cut, the public is paying attention to the stock market again. I can’t tell you how many phone calls and text messages I received from friends and family asking me whether it’s time to get back into the market. Fortunately, you and I, we never lef
Wow, what a week it’s been! The election is now over, with Donald Trump emerging as the victor. The Federal Reserve also cut interest rates another 25-basis points, continuing the trend of monetary easing. I went into the election 100% long. This was not because I expected one particular outcome or
Election week is here, but don’t let that you lose sight of the Fed’s upcoming rate cut on Thursday. As traders, we like to operate under the assumption that the market has a better sense of what’s really going on compared to the news or even opinion polls. The good news is that the sector
It’s been a wild week for markets between big tech earnings, a nothing-burger inflation report, and a very weak jobs number. Even though the presidential election is dominating the headlines now, let’s not lose sight of the fact that another 25-basis point rate cut is coming next week. If anything,
Tesla stole the headlines last week after their earnings report, and its surge higher sent shockwaves across the entire market. Anyone with a 401(k) or any sort of retirement plan likely owns Tesla in some way, shape, or form. Not only is it part of the Magnificent Seven, but it also is owned by cou
Tesla captured the stock market’s headlines this week after a solid Q3 earnings report that resulted in its shares surging nearly 22% on Thursday. This move caught many traders off guard, as Tesla had been one of the most-heavily shorted stocks in the market. But as my colleague Corey Rosenbloom and
If you haven’t noticed already, there’s been some big moves unfolding in the precious metals space. You should be in a great position to take advantage; the bull market in precious metals is something that I’ve been discussing for a while. In fact, some of the top-performing stocks in the portfolio
