TradeSmith Daily

August 2024

Why REITs Could Have a Monster 2025

August 29, 2024TradeSmith Research Team

With the Fed teeing up rate cuts beginning in September, I think the REIT rebirth is in its early innings. As a bonus, I’ll include one of my favorite REITs I’ve owned for years that has recently reached the buy-zone…

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Rare Resurgence in the Nasdaq 100

August 28, 2024Michael Salvatore

Our call for a short-term “leverage event” proved true… Tech stock health is rapidly improving… Forward returns are strong, but mixed after this rare event… Here’s the top tech names to own (and to avoid)… “T-bill and chill” faces a reckoning… How our top growth specialist is preparing his readers…

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The Other Green Light Flickering for Stocks into Year-End

August 27, 2024TradeSmith Research Team

The strong momentum stocks have enjoyed so far this year tends to spill over into the final three months of the year. So, while I want to also set the stage for some likely bumpiness along the way… Prepare now – and you’ll be ready to take advantage of any weakness to position for fourth-quarter strength.

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“Mission Accomplished”

August 26, 2024Michael Salvatore

Rate-cut rumors get louder at Jackson Hole…Why “Mission Accomplished” may be premature… It’s time for a sector check-in…The one asset set to stay above water next month…The Big Money’s favorite stocks last week…In case you missed it: the Road to AGI will boost “invisible” AI plays…

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The Road to AGI’s Hazards (and How to Avoid Them)

August 25, 2024TradeSmith Research Team

Note from Ashley Cassell, Managing Editor, TradeSmith Daily: We’ve just published one of the most thought-provoking TradeSmith Daily interviews that Michael Salvatore has ever held with one of our experts (and there’s plenty of competition there). So, I’d like to continue the conversation today by bringing you the article below. Our interviewee, Eric Fry of InvestorPlace, has the smartest take I’ve seen on AI – its next level, artificial general intelligence (AGI) – and, specifically, how to approach it in your portfolio.

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Why the Biggest AI Winners Are “Invisible”

August 24, 2024Michael Salvatore

Investors who stick with the “Magnificent 7” for their AI plays are looking in the wrong place. That’s the word from Eric Fry – global macro expert, serial 1,000% stock picker, and early tech trendspotter. It’s not hard to understand why the top brass of the stock market was the biggest winner of the AI mania. It was the “picks and shovels” period – when semiconductors were the only provable play… and any software play outside of the biggest tech

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A Recession of the Have-Nots

August 23, 2024Michael Salvatore

In This Digest: We’re likely in the weirdest recession in U.S. history… I won’t get any accolades for saying it, and I’m not looking for them. My only hope is that, from reading this letter, your wealth-building journey is as smooth as possible. But I believe we’re already in a recession in the U.S. This is no ordinary recession, mind you. In retrospect, it’ll prove to be an altogether mild one. But it’s also the first one, to our mind,

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