TradeSmith Daily

July 2024

The Options Market is Way Out of Balance

July 21, 2024Mike Burnick

Note from Michael Salvatore, Editor, TradeSmith Daily: Here’s the truth about “passive income.” The only true passive income is sticking your money in a savings account or Treasury bills. And that’s never going to be enough to beat the market or float you in retirement. Dividends? There’s plenty of risk there… whether it’s the dividends being suspended or cut, or capital losses nullifying them. So what to do? Get active. Here at TradeSmith, we’ve come up with an algorithmic method to help

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How to Buffer Your Account From Chaos

July 20, 2024Michael Salvatore

Note from Michael Salvatore, Editor, TradeSmith Daily: Remember when the stock market was boring? Think back to 2017, perhaps the most gloriously boring year in stock market history. The biggest single-day pullback in the S&P 500 that year was less than 2%. The longest losing streak was no more than five days. We can’t depend on the market to continually hand us years like that. But we also don’t need to accept volatility lying down. Certain strategies let you ignore

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The High-Odds Way to Trade Options

July 19, 2024Keith Kaplan

Every single day at 12 p.m. ET, I get an email in my inbox that gives me at least an 80% chance of making money. Sometimes the payouts are $100, sometimes $200, and sometimes a little less and sometimes even more. But they always come, right on time and ready for me to act on. In my view, this daily email is the greatest technical innovation to come out of TradeSmith since we debuted TradeStops 19 years ago. And I can personally attest that

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The Top “Trump Trades” To Make Right Now

July 18, 2024TradeSmith Research Team

Right now, history is being made… and I’m not talking about the surprise assassination attempt on former President Donald Trump. That violent act surprised us all. I’m sure I’m not alone when I say violence has no place in our election process, regardless of your beliefs. But I’ll let others more qualified discuss that tragic act and its implications. Instead, let’s talk about a massive trade playing out in response to this historic event. If Wall Street hates anything, it’s

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It’s Profit-Taking Season

July 17, 2024Michael Salvatore

Today marks the start of “profit-taking season”… How last week’s seasonal trading picks shaped up… This weekend’s events impacted the most sentiment-driven stock in the market… Where Mike Burnick is seeing a screaming deal… And how he’s helping subscribers grab cash from the options market… Why do we know that July and August are the hottest months of the year in North America? If you asked an astronomer, they’d explain how you can observe the Earth’s orbit, which takes it

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Get on the Right Side of the Great Portfolio Equalizer

July 16, 2024TradeSmith Research Team

The painful era of high inflation is unwinding before our eyes… June’s consumer price index (CPI) showed inflation fell 0.1% month-over-month. It was the first monthly fall in consumer prices in over four years. You don’t need me to tell you this is great news. Falling inflation is exactly what the Federal Reserve needs to pave the road to interest-rate cuts – which would provide relief throughout the economy. But you must understand, this is no simple bull signal. One

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The One Unshakable Truth Behind AI

July 15, 2024Michael Salvatore

Note from Ashley Cassell, Managing Editor, TradeSmith Daily: As soon as Michael Salvatore started writing for us last year, he started serving up bold yet prescient takes on the market… particularly about energy stocks and AI. As I write this, Michael is taking some much-deserved time off – to get married! So, he and I updated the below research from January for you to enjoy today. It’s one of my favorites. You might remember Michael’s fiancée from this story about the

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How to Avoid Catastrophic Loss in AI’s Final Phase

July 14, 2024TradeSmith Research Team

Note from Michael Salvatore, Editor, TradeSmith Daily: On Friday, you heard from Keith Kaplan about the most common biases and blunders we all fall prey to as human beings… and how to protect our portfolios from ourselves. Now that the human condition is accounted for, let’s talk about how to gain an edge in the market… with Tom Gentile, one of America’s foremost pattern traders. Tom describes his approach as “rules-based, calculated trading,” and it’s one of the best I’ve seen for

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