TradeSmith Daily

May 2021

Here Comes the “Buying Bonanza”

May 10, 2021TradeSmith Editorial Staff

There's a bullish case for stocks to run higher, all because of a report update from Goldman Sachs showing that companies are about to drive their stock prices higher.

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This Bias Will Always Cost You Money

May 5, 2021TradeSmith Editorial Staff

If you're serious about making money in the markets, we have to talk about confirmation bias. Investors tend to seek specific information that "confirms" the things they believe or want to happen. They will ignore any information that refutes these beliefs.

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How TradeSmith Plays Rising Food and Lumber Prices

May 4, 2021TradeSmith Editorial Staff

You only need to open your eyes to see that prices for nearly everything are rising. With rising prices, food manufacturers will pass on these rising commodity costs to protect their margins. Let’s check TradeSmith Finance for an idea that just emerged as a buy on Monday.

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Sometimes Boring Is Better

May 3, 2021TradeSmith Editorial Staff

It’s very common for investors to buy stocks that they see in the headlines. If you turn on CNBC, you’ll hear pundits rambling on and on about Facebook, Netflix, Alphabet, and McDonald’s. There’s nothing wrong with these companies. But when they’re all you hear about, the prospect of “familiarity bias” creeps into your mind.

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April 2021

Apple is HOT, Here’s Why You Should Own It

April 29, 2021TradeSmith Editorial Staff

At a congressional hearing in 1953, Charles Wilson, CEO of General Motors, said, "As goes GM, so goes the nation." America has changed 68 years later; One should now say, "As goes Apple, so goes the nation's stock market."

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