TradeSmith Daily

April 2024

Your Zero-to-Hero Investment Guide

April 13, 2024TradeSmith Research Team

Note from Michael Salvatore, Editor, TradeSmith Daily: TradeSmith CEO Keith Kaplan owes much of his success to two hardworking, loving, and influential people: his parents. As Keith shares below, his folks weren’t wealthy. They had to scrape and sacrifice to provide for him and his sister – even spending 10 years in one of the most dangerous school districts in the U.S. just to get a chance at a better life. But these principles, among others, showed Keith what it takes for anyone

Read now

The Fed’s Rate Lever Just Broke

April 12, 2024TradeSmith Research Team

Three months of hot inflation unfortunately do make a trend… Taking stock of the money supply… Interest rate hikes might be making inflation worse… Trade ideas for the months ahead… The perfect timing for a prescient call… By Michael Salvatore, Editor, TradeSmith Daily Another month, another disappointingly high reading in the Consumer Price Index… And another day of pearl-clutching price action in the U.S. stock market, as traders bemoan the likely delay of rate cuts. Here are the highlights: The S&P

Read now

A Picks-and-Shovel A.I. Play

April 11, 2024TradeSmith Research Team

By Lucas Downey, Contributing Editor, TradeSmith Daily A.I. excitement is everywhere you look… And I’m not just talking about ChatGPT. Analysts have touted countless use cases for artificial intelligence, even in off-the-run areas like cybersecurity, health care, and trucking. When you sit and think about it, is it really a hard stretch to assume that A.I. will impact a lot of industries for the better? Certainly not… But, don’t get too carried away dreaming of a world where A.I. powers absolutely

Read now

An 8% Key Rate May Be in the Cards

April 10, 2024TradeSmith Research Team

“Rate cuts, rate cuts, rate cuts!”… But here’s what to do if the chant doesn’t work… Jamie Dimon and JPMorgan Chase are prepared for 8% rates… Bitcoin breaks out (this time for good?)… Election year gets weird starting May 1… By Michael Salvatore, Editor, TradeSmith Daily Say it with me… “rate cuts.” Now say it three times, like Geena Davis in Beetlejuice. That’s how traders seem to be treating the idea of lower interest rates. Trying to will them into existence by

Read now

Last Quarter’s Biggest Loser Could Be a Winning Play

April 9, 2024TradeSmith Research Team

By Lucas Downey, Contributing Editor, TradeSmith Daily With the first quarter in the books, it’s a great time to sharpen our pencils, jot down what we learned… and consider what could lie ahead. We’re asking the history books a few questions today: 1. As we enter Q2, which sectors historically hold up the best? Given my latest love for the Energy sector, will it turn out to be a good wager for the next few months? Read on and you’ll find

Read now

Stocks Just Chipped a Tooth on the Steering Wheel

April 8, 2024TradeSmith Research Team

Thursday’s intraday reversal was odd… But rarely something to fear… Commodities take center stage in Trade Cycles… Jobs report delivers some “good bad news”… Jonathan Rose hedges the mini-bloodbath for as much as 500% gains… Earnings must deliver all good news this season… By Michael Salvatore, Editor, TradeSmith Daily Stock market investors were happily plodding along in their station wagons on Thursday. Sun shining… birds singing… All seemed well. The Nasdaq was up 1% on the day and hanging out there with

Read now

This Could Break the Banks… and the Election

April 7, 2024TradeSmith Research Team

Note from Michael Salvatore, Editor, TradeSmith Daily: There’s little substitute for experience, especially when it comes to markets. That’s why, whenever I need a grounded and fact-based take on the macro level, I turn to Louis Navellier. Louis has been a market operator for over four decades, and in that time has demonstrated not just a deep understanding of what makes the global economy turn, but the best opportunities to make market-beating returns within that economy. Today, I’m sharing a recent piece

Read now

Stop Driving Your Car Without Brakes

April 6, 2024TradeSmith Research Team

Note from Michael Salvatore, Editor, TradeSmith Daily: In a three-hour period last Thursday, all of the unrealized portfolio gains I saw over the course of a week evaporated before my eyes. It was uncomfortable, to say the least. But I didn’t panic sell. Because I know that letting your emotions guide your investing is about the worst thing you can do. This experience got me thinking about this essay from our CEO, Keith Kaplan, who demonstrates perfectly how to avoid

Read now