When Google Sneezes, Everything Dies
Don Kaufman here. I'm watching Google claw its way up 6% this today while the advance-decline line is absolutely getting crushed. You've got 90 products trading to the downside, but because Google, Tesla, and Broadcom are having a party, everyone thinks we're in some kind of bull market. This is not a bullish day. This…
Why Does Apple Keep Stopping Every 25 Points?
Apple just made another perfect flag pattern. The stock ripped 25 points. Then went sideways for three weeks… …Then ripped another 25 points. Then sideways again. Every technical analyst sees this and thinks momentum is dying. They assume buyers are exhausted and start looking for the top. They're completely wrong about what's happening. This isn't…
Why I Think Bitcoin Is the Biggest Pile of Crap Ever
Don Kaufman here. I think Bitcoin is the biggest pile of crap ever, and it has nothing to do with the technology. It's because you can see what everyone’s doing on it. And that p****s me off to no end. As a trader, do you want full transparency? It's like playing a game of cards…
What Bulls Need to See to Confirm a Bottom
Hello TheoTrader, Save for Friday’s solid bounce, the carnage in a lot of the high-flying growth names that led the charge earlier this year continued. It’s looking like the blood bath is nearing its end, but another sector that I’ve highlighted continued to excel. That sector is healthcare, and it actually went into the weekend…
Monday, November 24, 2025 - Tony's Pre-Market Playbook
Short Week, Same Playbookby Tony Rago New week, fresh tape — even with the holiday schedule trimming participation later in the week, today still carries enough juice to move, especially with VIX sitting north of 22. That tells you volatility is still very much alive, even if headline flow thins out. As always, I’m…
What’s Happens When the Ice Breaks
The cold hit Chicago hard this week. Thirty-five degrees Monday morning…Twenty-nine Wednesday night. I walked out the door Monday in a turtleneck because I had to lecture downtown at Loyola. The wind chill made it feel like thirty. No snow yet, but the kind of cold that reminds you winter is coming whether you're ready…
Over the River and Through the Woods
I watched A Charlie Brown Thanksgiving last week. The final scene shows the Peanuts Gang singing "Over the River and Through the Woods." They belt out the lines off-key and off-tempo: Over the river, and through the wood, To Grandfather's house we go; the horse knows the way to carry the sleigh through the white…
Will Gold Rally Into Year-End?
Thursday’s selloff just handed you the setup institutional traders wait for all year. Did you catch it? I'm not talking about stocks. While everyone watched their screens bleed red, smart money was positioning for something that happens every single December. But they weren't buying what you'd expect. The market threw everything at traders. Semiconductors broke.…
Why I Don't Care Where the Market Goes
Not too many people outside the trading community know what I do for a living. But inevitably, when markets end up on the nightly news, someone will ask the same question: "Must have been a good week for you, huh?" I don't blame them. Few people actually understand the difference between traders and investors. Frankly,…
Why Biotech's Strength Changes Everything
Hello TheoTrader, I know this week seemed like pure chaos. But did you notice that biotech just made new multi-year highs? Months ago, the Trinity Terminal flashed a signal on healthcare and biotech. That tells you everything you need to know about where the real strength is hiding. Most traders are focused on the noise.…