PowerTrends

May 2023

Travel Stocks Have a Split Personality This Memorial Day Weekend

TradeSmith Research Team

Traveling this weekend? Forty-two million Americans are out there with you, according to AAA. It's also the unofficial kickoff of summer and vacation season. If you’re wondering whether travel stocks are a hot buy right now, my Quantum Edge system has some very interesting findings for you. Let’s take a look at the winners, the dark horses that have surprising strength, and the losers that haven’t quite caught up…

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NVDA Supercharged the AI Craze – Here’s How to Play It

TradeSmith Research Team

We all witnessed a historic market moment today. Thanks to a nearly 25% surge in its share price, a big-cap tech firm that started the day worth $755.2 billion ended the afternoon worth $940 billion. Nvidia's (NVDA) results were great for shareholders, great for the tech sector, and especially great for semiconductor stocks. And you don't always have to own the one in the news.

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