When Netflix (NFLX) gapped down 21.8% lower on Jan. 21, investors were shaken by the spectacle of a $200-billion-plus FANG name losing a fifth of its market cap overnight. But that was just a warm-up.
Read now
The Federal Reserve has to stop this from happening, no matter what. That is its most important job. And if the stock market is hurt by the Federal Reserve’s actions, the Fed won’t care. Addressing the inflation problem is simply too important.
Read now
We’ll begin with the 1960s. I suspect few TradeSmith Daily readers were actively investing at that time. However, that period had a couple of striking similarities to today’s market environment that extended beyond the price action of the major indexes.
Read now
Are you worried about inflation? Do you seek investments that protect against inflation? If so, you should know that oil is a better inflation hedge than Bitcoin or gold. It isn’t a close contest either. When it comes to inflation protection, oil (and oil-related investments) beats gold and Bitcoin by a mile.
Read now
Have you heard about crypto’s “Second Phase?” I’m not talking about the metaverse, or a non-fungible token (NFT) that cost someone $93 million. It’s something completely different.
Read now
There is a persistent myth that plagues financial markets. New investors are commonly prone to it — though experienced investors can fall prey to it as well. The myth goes something like this: “If only I could make one big score, one big killing, I would be set.”
Read now
Here at TradeSmith, we’re best known for trailing stop losses. And for a good reason...
Read now
The narrative goes something like this: Fears of a new coronavirus strain — and the havoc it could wreak if current vaccines prove ineffective — generated a market sell-off that began the day after Thanksgiving and intensified after the first omicron case was confirmed in the United States.
Read now
June 23 of this year, Bitcoin plunged to a year-to-date low of $28,000... A 57% drop from its all-time high of $64,863 in April. That day, I rushed out a video update to calm the jittery nerves of my subscribers. Here’s what I told them...
Read now
Uranium as a commodity has long been overlooked and despised — and the nuclear power industry has long been a pariah.
Read now