There was a moment, not too long ago, when the suspiciously fidgety, mop-topped, sloppy-dressed Sam Bankman-Fried was the wunderkind king of the crypto world. His trading platform, FTX, was worth tens of billions of dollars. He was worth tens of billions of dollars. And whatever he touched turned to gold.
Read nowInvestors are giddy. After a 10% rise in the S&P 500 in the first quarter, I can’t blame them. Day after day we’re getting more and more analysts upgrading their price targets. Finally, the crowd is in full force behind the mammoth rally. That is, the mammoth rally in large-cap stocks...
Read nowGet ready for the “death of smartphones”… Energy continues to outperform… What the A.I. future will need more than anything else… Biden’s tight spot on gas prices… Trading the market of today to outlast whatever’s coming tomorrow… A can’t-miss earnings report drops in 9 days… By Michael Salvatore, Editor, TradeSmith Daily Ask 10 Americans what A.I. looks like right now, and nine of them will probably describe something like ChatGPT. Less often they’ll mention image creation models like DALL-E… and there’s
Read nowNote 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 nowNote 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 nowThursday’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 nowBy 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“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
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