The tech-led rally is still running. The Nasdaq closed at a record high yesterday, the S&P 500 is knocking on the door of its own all-time high this morning, and oil is easing back below $100 a barrel while Treasury yields pull back from multi-decade highs. In a...
Oil took a real hit yesterday, with WTI crude sliding nearly 3.5% to settle near $89 a barrel as the government tapped the Strategic Petroleum Reserve and hopes built for an easing of tensions with Iran. The broader market barely moved on the news, chopping in a tight...
Risk appetite is back in a big way. Oil prices are sliding on hopes for a diplomatic resolution to reopen the Strait of Hormuz, Treasury yields are easing right along with it, and that combination has the Nasdaq pushing back toward record highs. Chipmakers are now on...
Last week's SLB call didn't work out the way I wanted, and I'm not going to pretend otherwise. The stock chopped instead of trending, and the position didn't get the follow-through I was looking for. But one loser doesn't change my read on the setup; it just tells me...
September started with a thud, and it's the same story that's been dogging this market for a week: renewed U.S.-Iran hostilities in the Strait of Hormuz, crude and bond yields both surging, and tech stocks taking the brunt of the selling. The Nasdaq is down over...
Tensions with Iran are growing again, and there’s an opportunity here if I go back to evaluating what’s worked in this scenario in the past. One way I can do so is to reflect upon some of the most powerful signals we’ve seen from the AI-powered Stock Forecast...
The market is chopping ahead of NVDA earnings and Jackson Hole and I’m looking for some safe ways to generate explosive returns. That may sound like a contradiction. If it’s safe, how can it be explosive? When I find a setup with the potential for a large...
A well known stock has been on a tear and showing some really positive momentum. In fact, I alerted a small group of traders I work with to grab it recently and it has brought in a two hundred percent winner. I want to show you how I spotted it, how you can access the...
The market is showing signs of a pullback in preparation for the FOMC meeting minutes tomorrow and continued lack of progress in the Middle East. I want to focus this week on the oil markets. This time feels different. This time, there’s no headlines talking about how...
The market exploded to start the week, and there seems to be a lot more upside in several companies. When the market makes a move like it did this week, many people will say it’s over. And they may be right. The bullish behavior of the broad market was...