The Markets Are Turning Into the Nightmare Before Christmas
The markets got the hawkish version of Powell today… and the implication that there won’t be any more rate cuts. The big indexes don’t like Hawkish Powell, not one bit. They took his remarks “poorly.” And by “poorly” I mean “they jumped off a cliff.” So what had been a kinda-up day turned into a…
Stocks Are Staying Split - Here’s What to Do About It
The big indexes are split up and down at the moment, and I’m sensing some concern over this out there. Tonight we’ll get to the bottom of the “worry or opportunity?” question. There’s plenty of weight to the “opportunity” argument. We’ve seen the NASDAQ reclaim and reassert its leadership over the last few weeks. If…
These Are the Only Stocks That Matter Right Now
Sure, I get it: You’re searching for the best, soundest stocks to buy in the market. You seek that secret sauce that will make you profitable heading into 2025. What you may not know is that it's not necessarily about fundamental or technical analysis. It's all about a handful of mega-cap stocks, and here's why.…
TheoTrade’s Tale of the Tape: Time for a Little Holiday Entertainment
The performance of stocks at the index level may be causing concern for some market participants, and understandably so. The Dow has sold off for eight days in a row, which is enough to raise the eyebrows of the market’s trend-followers. But last week saw the Nasdaq continue its surge to new all-time highs again.…
The Market Is Breaking Bad
It’s not looking great for the bulls - not that I’m complaining. Divergence continues to grow - weekly gains for the NASDAQ, losses for the Dow30 and S&P 500. The advance/decline line of what’s going up versus what’s going down continues to decline. The usual suspects in the Magnificent Seven were dead today - flat…
How to “Back Up (and Park) the Cyber Truck” for Tesla
Back in late October, I went public with my overweight position in Tesla. Those that have been trading with me here at TheoTrade know that I like to call it “backing up the truck” when I take on a bigger-than-usual position in a stock. The thing is, now the stock looks so good I might…
This Fundamental Factor Can Boost Your Trading Game
We’ve been spending time on fundamental analysis, which is really the absolute best way to get a handle on a company’s medium- and long-term prospects. Is it worth your money? That’s a question this kind of analysis can help you answer. Last week, we looked at free cash flow. In tonight’s video, we’re going to…
There’s a Big Divergence In the Market’s Mojo
S&P 500 - up. NASDAQ - really up. Dow30… down. When the big indexes or usually correlated assets stop moving together, that’s divergence, and it usually means something’s happening. Tech was absolutely screaming today, still pushing higher on Google’s “Willow” quantum computing narrative and overall optimism. And when you look at some of my usual…
Stocks Are Catching Their Breath Now - And You Should, Too
We've seen a big shift in sentiment over the past few sessions, with players moving from enthusiastically bullish to increasingly concerned with downside risks in the market. There’s no denying we’re extended way up here near the highs, and, at this point, I’d welcome a couple of weeks of sideways price action, the better to…
Traders Bet on Volatility as the S&P 500 Falters
The S&P 500 had its worst day in three weeks as it drifted lower by more than 0.5%. That number isn’t necessarily anything to write home about, but I’m seeing some things happening behind the scenes that, potentially, are ominous. Last week I gave you a signal from the volatility markets that we could be…