500% Gains and Zero Maseratis
My relationship with money is a peculiar one. I wasn’t born rich, nor was I born poor. I really was raised as middle-class as it gets. Both of my parents always worked. My father was a union laborer in the cement business. My mother was a secretary in the automotive industry. They worked long hours.…
The AI Death Reports Were Greatly Exaggerated
Everyone declared the AI bubble dead. Headlines screamed overvaluation. Tech analysts warned of crashes. I was watching something completely different unfold in the semiconductor space. The Big Picture They Missed The AI death crowd missed fundamental demand drivers that haven't disappeared. Data centers still need memory. Cloud infrastructure requires massive processing power. AI applications create…
Tale of the Tape: Can the Bulls Get Any Louder?
Have you noticed how stocks are at all-time highs while there's a never-ending laundry list of reasons to think why we're about to crash? There's a reason why the saying, "A bull market climbs a wall of worry," exists. I'm one of those traders that think the market knows best. And so when it talks,…
The Dragon Awakens
Let me tell you why everyone else is wrong about China… Rate cuts and a weaker dollar are making international stocks competitive again. No other large country has a tech landscape that can compare to the U.S. except China. They have more power to drive consumers into electric vehicles than we do. That combination creates…
Is Another Great Tech Reset in the Works?
By next week, five months will have passed since the market hit that epic bottom in April. While plenty of naysayers emerged in the months that followed, we stuck to our money-flow model—and it guided us beautifully throughout the entire rally. Recently, I've been exercising more caution, and I'll admit those defensive signals are starting…
TheoTrade’s Tale of the Tape: This Sector is Communicating Loudly
Stocks headed into the long weekend on uncertain ground. The cautionary money flows we highlighted previously have only intensified over the past week. So, where does this leave us heading into what could be a volatile September? As always, cooler heads prevail. Here's why I believe we're setting up for the best buying opportunity since…
China’s Great Wall of Bears Crumbles
2025 has been defined by international stocks outperforming U.S. stocks. Many traders and money managers became complacent. They thought the Magnificent Seven could carry them forward forever. We know that nothing in this business lasts forever. There's just a tendency for things to last longer than expected. I've been talking about China all year. Based…
TheoTrade’s Tale of the Tape: We Don’t Chase, We Position
I’m checking in on markets here as I’m heading back from the beach here in Italy. It was a very relaxing weekend, but it’s time to dive back in head first into these markets now. I was able to complete my weekend analysis before catching my fair share of rays, and I must say that…
Ol’Jelly Legs Powell
Did Jerome Powell finally blink? After today's Jackson Hole speech, it sure looks like it. Powell made it crystal clear: interest rate cuts are finally coming. Why do we care? Interest rates define the cost of money. When that changes, everything downstream shifts with it. Keep in mind, I'm still incredibly bullish on tech. But…
TheoTrade’s Tale of the Tape: A Much-Needed Rotation or a Warning Sign?
We saw new all-time highs across the board last week, which is, on its own, a bullish sign. After all, let’s not forget that new all-time highs only happen in bull markets. But we can’t lose sight of the fact that stocks have been straight up for over four months now. The last thing we…