TradeSmith Daily

August 2024

Your First Thought When Markets Sold Off

August 13, 2024Michael Salvatore

When markets cratered last week, what was the first thought to cross your mind? If the thoughts were riddled with worry… or impulses to panic-sell… you’re not alone. Most investors react this way. But there we find a contradiction. You’ve proven you’re a cut above most investors by opening up this email. You’re involved enough with our research to know that over the long arc of market history, dips are to be bought with near-reckless abandon. If that’s true, events

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The Biggest Bargain in AI?

August 14, 2024Michael Salvatore

Investors in Super Micro Computer (SMCI) have had something of a turbulent year... Back near the start of 2024, SMCI was the stock you couldn’t stop hearing about. Mainly because it just kept going up, and going up quickly.

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How Our Tools Forecast Last Week’s Selloff

August 14, 2024Keith Kaplan

People like to throw around the word “whipsaw” to describe markets making big, quick moves up and down. After last week’s ridiculous price action, though, we might need a new word for it.

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When Stocks Reach Oversold Conditions, Pounce Quickly

August 15, 2024TradeSmith Research Team

When golden hour comes for stocks, don’t stop and stare… Get in there. That’s been a mantra of mine for years. I started saying it back in 2017, when I began building a long-term portfolio of champion-caliber stocks that had fallen on hard times. While there’s no crystal-ball analysis that works every time, we can always depend on stocks going through a rough patch every so often. Those moments can feel gut-wrenching to sit through. But if your analysis signals

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The Best Stocks to Trade on a VIX Collapse

August 16, 2024Michael Salvatore

In this digest: The CBOE Volatility Index (VIX) just got “crushed”… From the third-sharpest rise of all time, the VIX has completely retraced in just two weeks. Take a look: In the nine days since the peak of volatility on Aug. 5, the VIX has collapsed 57%. But while VIX surges to that degree are extremely rare – a rise of 100% or more over three trading days has only happened twice in the last 20 years – VIX collapses

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What the Internet Boom Can Tell Us About the Road to AGI

August 18, 2024TradeSmith Research Team

Note from Michael Salvatore, Editor, TradeSmith Daily: As AI continues to advance, too many people are underestimating what’s preparing to hit us – and how quickly. That’s why Eric Fry – Global Macro Specialist at our corporate partner InvestorPlace – is putting together a special presentation on how to position yourself for the approaching reality of Artificial General Intelligence (AGI). While AGI will bring unpredictable change, there are ways to prepare – and profit – from its emergence. He’ll share

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