TheoTrade’s Tale of the Tape: Retail’s Rebound
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 countless…
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…
Back Up the Cyber Truck for This Stock
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 I both like to…
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,…
The Trinity Trade Sends Silver Soaring
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 this year have come…
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,…
TheoTrade’s Tale of the Tape: Rates Are Going Lower
There was a major reshuffling of sector performance rankings last week, and as always, the story is even bigger than what makes headlines. None of the changes in the ranking warn of imminent doom, but it does increase my suspicions that the market could peak around the election. The best way to handle volatility is…
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.…