PCE numbers make room for the Fed to make its first fabled cut… Inflation’s not as high as it seems… And rates are even higher… The S&P 500 has gone nowhere in 3 months… A quick earnings trade on a retailer turnaround… How Elon Musk could take revenge on Joe Biden this election season… The personal consumption expenditures (PCE) report last Friday hid some key details beneath the headline numbers, which are sure to nudge the Fed toward making a
Read nowLongtime TradeSmith readers know I’m a huge fan of options. In fact, going into 2023 I said that if I had just $5,000 to invest in the markets for the year, I wouldn’t have invested it at all. Rather, I’d have used options-trading strategies to generate consistent gains of around 1% on that money each week. As I mentioned, those kinds of returns don’t sound particularly exciting… until you consider they can add up to compounded gains of about 67% a year. Yes… by
Read nowLast week, scores of mainstream journalists were left dumbstruck by a Guardian-Harris survey of Americans about the economy. 56% of Americans currently believe the U.S. economy is in recession. 49% of them believe the S&P 500 is down for the year. And the same number think unemployment is at a 50-year high. You’re reading a financial newsletter, so you probably know the opposite is true on all three counts. But if your first instinct is to simply conclude that half
Read nowMy dad is sitting on a nearly 4,000% gain. I watched his $5,650 turn into $227,000… and counting. (I’ve also watched my own $10,000 turn into $0. That’s a story – and important lesson – for another day.) It started in 2017 when my dad asked me about this new-to-him company he heard about: Nvidia (NVDA). We’ve all heard about it now, but I knew it then, as well, as I had already created my Quantum Edge system, and NVDA was flashing in all the right spots.
Read nowLike many new investors just starting out, I used to buy stocks on a whim. There was no careful process or due diligence. Sometimes I’d hear a tip and act on it before I even knew what the company did. Rarely did it work out. Most often, it very much did not and I’d wind up holding a dud. Sometimes I’d be right… but be too quick to sell and miss out on a much bigger future return, like I showed you recently
Read nowWithin 10 minutes or so, that stock was about 70% higher. It was still tiny and trading just over 50 cents per share, but 70% within minutes is huge. And in this case, a little frightening. The conference attendees in the room were buying shares… even as the speaker talked about it. When it was my turn to get up on the stage, I did a good job killing the excitement in the room by telling them my dishwasher story…
Read nowI was overcome with a peculiar, surprising, welcome feeling reading through the TradeSmith Daily feedback inbox ([email protected]) last week. I can sum it up with the thought: “These companies are absolute snoozers… and that means some are probably incredible investments.” Contributing editor Lucas Downey and I have started doing rapid-fire videos where we kick the tires of several stocks you’ve shared from your watchlists of late. It’s been a lot of fun… and we always learn something new. This time
Read nowIn today’s Power Trends+ video, we are reminded of the importance of investing in great companies, not just a great story. You and your fellow readers continue to send in impressive tickers for us to analyze, and even those that are lackluster allow us to demonstrate what to look out for when finding winning stocks.
Read nowLook at this photo of a sweet old lady… She looks like the kind of lady who has a bowl full of those strawberry candies waiting for you in her parlor. But you’d never guess this sweet old lady made $7 million in the stock market by making just one smart move early in her life… Ah, but now you can see it. All in that sly, knowing smile… This woman’s name is Grace Groner. Her story has been told
Read nowIt’s officially bull season. Yes, you read that right. Even with stocks up 12% this year… and despite last week’s volatility… bull season begins NOW. We’ve been pounding the table all year long that late May through July has historically been a tremendous time to ride the markets higher. Given such a monumental time of year, I thought it would be a great idea to lay out a bullish thesis on an AI play that’s definitely under the media’s radar. Truthfully,
Read nowNVDA earnings show AI appetite is as fierce as ever… But it’s only the generals charging into battle… Big developments in cryptoland… What the Heikin-Ashi chart tells us about crypto’s next move… Jason Bodner’s Quantum Hotlist spies new targets… Big tech earnings are behind us. And with them, the crescendo of Nvidia’s (NVDA) quarterly report has confirmed what’s become increasingly apparent over the last year – AI isn’t going anywhere. The leading semiconductor firm continues to sell shovel after shovel
Read nowEver wanted to know the difference between “investing” and “gambling”? Probability. Simple as that. Gamblers choose to bet their money on low-probability outcomes and usually don’t put much, if any, effort into raising those probabilities. Investors – the good ones, anyway – try to put the odds on their side. Picking high-quality stocks, using trailing stop losses, and trading with the trend are all methods we’ve discussed before that raise your probability of success… and there are countless more. Gambling
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