TradeSmith Daily

October 2024

We Tried to Warn You

October 11, 2024Michael Salvatore

In This Digest:  Chinese stocks were destined for correction…  And that’s precisely what we got on Tuesday and Wednesday this week. Check out the chart:  The iShares China Large Cap ETF (FXI) fell more than 10% from Tuesday to Wednesday, after we warned you that the market was due for a plunge. As we wrote then:  An RSI of 85 is already a high level, and stocks of any kind don’t tend to stay so overbought for long. But we’re

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This Growth Stock Just Got Smacked Into the Value Zone

October 10, 2024Lucas Downey

Today we'll focus on one growth stock that, despite stellar fundamentals, is deeply oversold. While catching a falling knife is never advised, there are situations when the selling gets so extreme, the upside odds are stacked in your favor.

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Three Big Signs of a 2025 Inflation Wave

October 9, 2024Michael Salvatore

A lifelong Floridian’s hurricane reflections… Dispelling the compelling narrative of “crisis investing”… One yield curve measure is back to “normal”… Why a no-landing economy is back on the table… Tomorrow’s big event and an inevitable change to daily life…

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Never Fear the “October Surprise”

October 8, 2024Lucas Downey

While investors may face some hurdles this month, we’ll unpack a powerful trade setup to turn any sudden volatility from an unwelcome burden to a buying opportunity.

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China’s Stimulus Bazooka Sure Did Its Job

October 7, 2024Michael Salvatore

Chinese stocks are incredibly overbought… The shocking jobs report shuffles the deck… Rate cuts may be slower, but they’re still inevitable… Where the Big Money is placing their bets… In less than two hours, Luke Lango tells the real self-driving story…

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Investing in the Inevitable

October 5, 2024Michael Salvatore

When Elon Musk takes the stage next week for his Tesla Robotaxi reveal, shining a bright spotlight on autonomous-vehicle stocks, you’ll be glad Luke prepared you for it in this video.

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