TradeSmith Daily

June 2024

The Cyberattack Halting Billions in Business

June 26, 2024Michael Salvatore

A cyberattack grinds car dealers to a halt… Here are the quarterly earnings reports to watch… But don’t trade them without seeing this brilliant strategy… When NVDA’s share price does this, history says buy with both hands… We could be in another dot-com bubble… Or something even bigger… “I can’t take it anymore…” I rarely hear words like these from my soon-to-be wife – the determined, strong, sometimes stubborn overachiever she is. If there’s a problem, 99% of the time

Read now

This 10-Day Down Streak is a Huge Buy Signal

June 25, 2024TradeSmith Research Team

Stocks go up… and they go down. Such is the way of markets. But sometimes, they go down a lot more than usual… and form unusually long cold streaks that can unlock major opportunities. That’s the situation unfolding in the ice-cold lithium market. And especially with the company in my crosshairs today – chemical refining giant Albemarle (ALB). If you’re not familiar with Albemarle, they specialize in energy storage, plus develop and manufacture basic lithium compounds used in batteries and renewable

Read now

Wall Street is as Sleepy as 2006

June 24, 2024Michael Salvatore

An epic summertime lull for Wall Street… What Jason Bodner is seeing in the Big Money… Where bitcoin is set to go for the second half of this year… Why the hyped-up “triple witching day” is/is not a big moment for markets… The coming “AI mania” that will rival the dot-com bubble… If we were to take the average measure of Wall Street activity each year, the bottom was probably this past week. Just take a look at the chart

Read now

Why 98% of Stocks Are Worthless to Me

June 23, 2024Michael Salvatore

Note from Michael Salvatore, Editor, TradeSmith Daily: Tom Gentile is a self-taught master of the markets. At 20 years old, he began obsessively learning how to trade. He got so good, he went on to found his own trading education firm. Today, he’s the founder and chief investment analyst of Gulfport Analytics, which specializes in technical trading and seasonal trends. Tom’s research gives him an incredible perspective on markets. In fact, his trading criteria is so precise that he believes

Read now

Do Louis Navellier’s Breakthrough Stocks Live Up to the Hype?

June 22, 2024Michael Salvatore

When it comes to following investment research, there are fewer qualities you can depend on than decades in the “trenches” of the financial markets. The folks who have been investing for 10, 20, even 40 years have such a leg up on the droves who got started in the last few years. They’ve seen markets boom, bust, and languish more than a few times… and they’ve learned to spot the characteristics of both long-term market cycles and individual stock opportunities.

Read now

TradeSmith’s Exponential Growth… And Your Place In It

June 21, 2024Keith Kaplan

Over just a few years, TradeSmith has become massive. We’re proud to host no less than three dozen different software features, tools, and indicators built into our TradeSmith Finance platform. That’s not even counting the many different investment advisories from Jason Bodner, Mike Burnick, William McCanless, Justice Clark Litle, Wade Hansen, and John Jagerson. But if you’ve been with us for a long time, you know it wasn’t always that way… In fact, when I came on board seven years ago, TradeSmith had just ONE piece of

Read now

The Great Market Equalizer Is Imminent

June 20, 2024TradeSmith Research Team

If you’re not invested in a select few mega-cap tech stocks, chances are your portfolio is underperforming broader indices. I’m talking about the top-brass companies all over the headlines: Nvidia (NVDA), Taiwan Semiconductor (TSM), and Microsoft (MSFT), to name a few. (I’ve been a holder of the latter for many years.) Those Wall Street-blessed AI names are easily crushing the S&P 500’s 2024 gains of 15.5%… each ramping 164%, 71%, and 19% higher, respectively. Hearing the talking heads tout these

Read now

What Comes After 30 Record Highs

June 19, 2024Michael Salvatore

30 total days of record highs in 2024… Here’s what historically comes next… Stocks just broke above a multi-year range, and that’s bullish… Bitcoin’s recent dump is a big buying opportunity… And how to access an exclusive analytics dashboard… The stock market has closed at a record high 30 separate times in 2024. And we can view this as a near guarantee that stocks will close the year in the green. This chart from Carson Investment Research, shared by Ryan

Read now