TradeSmith Daily

May 2024

The Biggest Stock Buyback Ever

May 6, 2024Michael Salvatore

Another tech stock turned value… The Fed’s “taper tamper” is a sign they’re giving up the fight for 2%… The 3 most-searched stocks on TradeSmith and which ones you should buy… Jonathan Rose went 7-for-7 and he’s just getting started… By Michael Salvatore, Editor, TradeSmith Daily Apple (AAPL) reversed its fortunes with Thursday’s earnings report… and furthered the trend of the tech giants turning into value plays. The highlights: Let’s stay on that last item, because it represents a fast-growing trend in the

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The Best Stock in the Best Sector for a Summer Rip

May 7, 2024TradeSmith Research Team

By Lucas Downey, Contributing Editor, TradeSmith Daily Now that April is in the books, let’s get a game plan going for May… Seasonal volatility has markets jumping and dumping on a daily basis. But this shouldn’t come as a surprise. Two weeks ago, I alerted you to a strong seasonal trend that’s playing out today. Late April through mid-May often brings weak markets. That’s the bad news. But there’s great news, too. You see, this seasonal dip prefaces a monster rip

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Buffett Is Bearish

May 8, 2024Michael Salvatore

Warren Buffett is implicitly bearish on U.S. stocks… Why we can’t ignore the AAPL sale… The legacy energy business is not going anywhere soon… One area abroad that Buffett finds interesting… Jonathan Rose’s legendary 7-trade streak and how he pulled it off, revealed… By Michael Salvatore, Editor, TradeSmith Daily Last weekend was my first time watching the Berkshire Hathaway Annual Shareholder Meeting. (Though over the years, I’ve caught plenty of clips of Charlie Munger being the witty scoundrel he was –

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A Rare Oversold Opportunity to Pounce on Today

May 9, 2024TradeSmith Research Team

By Lucas Downey, Contributing Editor, TradeSmith Daily It isn’t often that you’ll find deeply oversold opportunities in quality companies near market all-time highs. So, when it comes along, don’t stare… Prepare. As earnings season comes to a close, arguably the biggest downside surprise is Starbucks Corp. (SBUX). The stock is off 18% since the report at the start of the month. But should we run away from SBUX? Is the world’s most popular coffee shop chain finished? No… In fact, I

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How to Stop “Flying Blind” in the Options Market

May 10, 2024Keith Kaplan

Keith Kaplan, CEO, TradeSmith Daily We’re facing a pivotal moment in history – not just as investors, but as Americans and, frankly, as human beings. It’s not a buy-and-hold investor’s market anymore, like it was for much of the past 15 years. There’s too much risk and uncertainty to simply put our heads down and hope that the market just keeps climbing higher. That’s precisely why short-term options trading is part of my overall investment strategy, as I showed you a couple

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The Hardest Part of Trading that Nobody Talks About

May 11, 2024Michael Salvatore

By Michael Salvatore, Editor, TradeSmith Daily For most people, trading is a cold, lonely game. This was just as true even before the pandemic shut down the world… eroding the simple idea of “community” that we all took for granted. Beneath all the euphoria of winning and pain of losing, the commitments and the frustrations, the hours of analysis and learning… I think the solitary nature of trading is its hardest aspect. Yet nobody talks about how agonizing it can be

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Your Ticket to a Trader’s “House Edge”

May 12, 2024TradeSmith Research Team

Note from Michael Salvatore, Editor, TradeSmith Daily: Have you ever wondered how Las Vegas casinos make consistent profits from the games they run? As you’ll hear below from veteran trader Jonathan Rose, founder of Masters in Trading, “the house always wins” because these casinos have a quantitative system that gives them an edge few gamblers overcome. As a trader, developing a “house edge” allowed Jonathan to become financially free at the age of 35. In this issue of TradeSmith Daily, Jonathan shares

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How Our “Ozempic Hedges” Turned Out

May 13, 2024Michael Salvatore

A new interpretation of the corporate debt binge… Short utilities, long energy… The Quantum Score top rankings spread out… The “Ozempic hedge,” revisited… A trading community to help you learn and grow… By Michael Salvatore, Editor, TradeSmith Daily Corporations around the world are selling bonds at the fastest rate in years. Here’s Bloomberg with some key details: More than 40 investment-grade firms in the US have sold $53 billion of bonds this week through Wednesday, the most crowded three-day calendar since

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