TradeSmith Daily

August 2024

The Biggest Bargain in AI?

August 14, 2024Michael Salvatore

Investors in Super Micro Computer (SMCI) have had something of a turbulent year... Back near the start of 2024, SMCI was the stock you couldn’t stop hearing about. Mainly because it just kept going up, and going up quickly.

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Your First Thought When Markets Sold Off

August 13, 2024Michael Salvatore

When markets cratered last week, what was the first thought to cross your mind? If the thoughts were riddled with worry… or impulses to panic-sell… you’re not alone. Most investors react this way. But there we find a contradiction. You’ve proven you’re a cut above most investors by opening up this email. You’re involved enough with our research to know that over the long arc of market history, dips are to be bought with near-reckless abandon. If that’s true, events

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Is It Different This Time?

August 9, 2024TradeSmith Research Team

Recession or not, we’re in a volatile stretch… Don’t miss the big picture… Seasonal stock shorts to take from now through November… Checking in on sector health… Why breakout stocks are a godsend right now… We’re not out of the woods yet… When market moves are especially dramatic, as they’ve been this past week, it can be easy to fall into a common cognitive trap. The losses were so severe one day, and the recovery so strong the next, we

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Don’t Make the Mistake of Not Buying Stocks

August 8, 2024TradeSmith Research Team

I’ll be straightforward today… If you’re not buying this dip, you’re making a big mistake. Over the last handful of days, pundits strived to convince you the financial world has turned upside down. Recession callers came out in full force. And traders hit the panic button. Yields are plummeting. Stocks are dropping. Major currencies are gyrating. It sure looks like “the big one” to a casual observer. Do yourself a favor and don’t fall for it. What’s really taking shape

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So, You Want to Buy the Dip

August 7, 2024Michael Salvatore

The weekend blowup, explained… Most sectors are still healthy, but these stand out… A three-layered process for optimizing “buy the dip”… How long to hold your trade… The best sector to buy… The best stock in that sector… And one potential reason why… ❖ The weekend blowup, explained… In describing Monday’s open, we might be inclined to use our most colorful of four-letter words. The selling seemed to come as if from nowhere. A week ago, the S&P 500 was

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The “Volatility Shelters” Set to Massively Outperform

August 6, 2024TradeSmith Research Team

Fear is gripping the market right now. First, a soft jobs report hit on Friday, showing U.S. unemployment ticked up to 4.3%… Then, over the weekend, global currency traders aggressively unwound their Japanese yen trades… Many are worried that this new weaker trend is forecasting doom and gloom for the economy. Not to mention that Iran and Hezbollah might both be on the verge of attacking Israel. Seeing all this, traders are selling stocks with abandon. Apple (AAPL), in particular,

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