TradeSmith Daily

June 2024

My Three Rules for Making 67% a Year with Options

June 2, 2024Keith Kaplan

Longtime TradeSmith readers know I’m a huge fan of options. In fact, going into 2023 I said that if I had just $5,000 to invest in the markets for the year, I wouldn’t have invested it at all. Rather, I’d have used options-trading strategies to generate consistent gains of around 1% on that money each week. As I mentioned, those kinds of returns don’t sound particularly exciting… until you consider they can add up to compounded gains of about 67% a year. Yes… by

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56% of Americans Are Not “Wrong”

June 1, 2024Michael Salvatore

Last week, scores of mainstream journalists were left dumbstruck by a Guardian-Harris survey of Americans about the economy. 56% of Americans currently believe the U.S. economy is in recession. 49% of them believe the S&P 500 is down for the year. And the same number think unemployment is at a 50-year high. You’re reading a financial newsletter, so you probably know the opposite is true on all three counts. But if your first instinct is to simply conclude that half

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May 2024

Building a Billionaire-Class Stock Portfolio

May 31, 2024Keith Kaplan

Like many new investors just starting out, I used to buy stocks on a whim. There was no careful process or due diligence. Sometimes I’d hear a tip and act on it before I even knew what the company did. Rarely did it work out. Most often, it very much did not and I’d wind up holding a dud. Sometimes I’d be right… but be too quick to sell and miss out on a much bigger future return, like I showed you recently

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We’re So Excited About These Boring Businesses

May 30, 2024Michael Salvatore

I was overcome with a peculiar, surprising, welcome feeling reading through the TradeSmith Daily feedback inbox ([email protected]) last week. I can sum it up with the thought: “These companies are absolute snoozers… and that means some are probably incredible investments.” Contributing editor Lucas Downey and I have started doing rapid-fire videos where we kick the tires of several stocks you’ve shared from your watchlists of late. It’s been a lot of fun… and we always learn something new. This time

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This Sweet Old Lady Has a $7 Million Secret

May 29, 2024Michael Salvatore

Look at this photo of a sweet old lady… She looks like the kind of lady who has a bowl full of those strawberry candies waiting for you in her parlor. But you’d never guess this sweet old lady made $7 million in the stock market by making just one smart move early in her life… Ah, but now you can see it. All in that sly, knowing smile… This woman’s name is Grace Groner. Her story has been told

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The Next AI Stock Ready for Takeoff

May 28, 2024TradeSmith Research Team

It’s officially bull season. Yes, you read that right. Even with stocks up 12% this year… and despite last week’s volatility… bull season begins NOW. We’ve been pounding the table all year long that late May through July has historically been a tremendous time to ride the markets higher. Given such a monumental time of year, I thought it would be a great idea to lay out a bullish thesis on an AI play that’s definitely under the media’s radar. Truthfully,

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Rejecting the Fed’s Digital Dollar

May 27, 2024Michael Salvatore

NVDA earnings show AI appetite is as fierce as ever… But it’s only the generals charging into battle… Big developments in cryptoland… What the Heikin-Ashi chart tells us about crypto’s next move… Jason Bodner’s Quantum Hotlist spies new targets… Big tech earnings are behind us. And with them, the crescendo of Nvidia’s (NVDA) quarterly report has confirmed what’s become increasingly apparent over the last year – AI isn’t going anywhere. The leading semiconductor firm continues to sell shovel after shovel

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The Difference Between Investing and Gambling

May 26, 2024Keith Kaplan

Ever wanted to know the difference between “investing” and “gambling”? Probability. Simple as that. Gamblers choose to bet their money on low-probability outcomes and usually don’t put much, if any, effort into raising those probabilities. Investors – the good ones, anyway – try to put the odds on their side. Picking high-quality stocks, using trailing stop losses, and trading with the trend are all methods we’ve discussed before that raise your probability of success… and there are countless more. Gambling

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