10 Things You Need to Know – Trump vs. Musk Edition
What a week! We just saw: President Trump and Elon Musk enter a war of very unkind words President Trump make nice with China A surprise catalyst for the “Ultimate Trump Trade” A better-than-expected jobs report A sign of life in a “left for dead” sector And a whole lot more! So let’s dig into the 10 Things You Need to Know About Markets Right Now: 1. President Trump and Elon Musk Went to War Elon Musk went to war with President Trump this week thanks to the “big beautiful bull” being stuffed with more pork than a bacon convention. Musk did not hold back, with these messages getting over 260 million views on Twitter. Tesla (TSLA) stock took a beating, dropping 14% this week while tech stocks were up. However, the President did not go scorched-earth in response, and news reports indicate that Trump and Musk might reconcile. And, a CNN source reported that President Trump told Vice President JD Vance to “speak diplomatically” about the mess. So in keeping with the news flow rollercoaster, maybe Trump and Musk will make nice a la Zoolander and Hansel: Tesla longs are hoping for that. 2. We Need to Give Sami Abusaad a Shout-Out Last weekend, Sami said the market was heading back to all-time highs. Sami said: Forget the news flow Forget bond yields Forget the futures markets And just focus on the price action. As we write this on Friday at 1:27 pm ET, SPY is up 1.5% for the week and QQQ is up over 2%. By the way, Sami put 54% of his IRA into a very unusual ETF. Get it here. 3. The Economy Is Alive and Kicking While the doomsday crowd expects the US economy to fold because of tariff-related strife… things are humming along. Friday’s nonfarm payrolls report was better-than-expected. Traders were bracing for a mess because of Wednesday’s weak ADP report. But the US economy remains alive and kicking. Another positive sign: JOLTS Job Openings came in above expectations, meaning US companies are still looking to hire. 4. The Mood Is Still Sour AAII Sentiment came in at 32.7% bullish this week, in-line with last week’s reading. This is well off the February and March lows, which preceded “Liberation Day,” which sent the US-China conflict into high gear. However, we’re still below the 37.5% long-term average. In fact, we haven’t had an above-average reading since January 29. So the mood remains sour. 5. The Ultimate Trump Trade Gets a New Catalyst We’ve talked extensively about the huge outperformance in stocks that benefit from financial market volatility, namely: Robinhood (HOOD): +189% since the election Interactive Brokers (IBKR): +34% Coinbase (COIN): +32% Charles Schwab (SCHW): +24% But a new catalyst for two of these names may be on the horizon. S&P Global will report new additions to the S&P 500 after the close on Friday. And Robinhood (HOOD) and Interactive Brokers (IBKR) both have a chance to be added by virtue of their large market caps – $67 billion for HOOD and $90 billion for IBKR. 6. Left-for-Dead Biotech Shows a Sign of Life Biotech has been a mess for over a decade. Over the last 10 years, SPY is up 240%. And XBI is up 5%> BUT… XBI managed to rally over 6% this week. Traders have been burned for years buying biotech dips. Could this be the turning point? It’s hard to say – but keep this group on your radar. 7. Q2 Earnings Expectations Are Crazy Low Q1 earnings season was an unqualified success, with 78% of S&P 500 companies exceeding earnings expectations, according to FactSet. And here’s the good news for Q2 – estimates are dropping like a rock. On March 31, analysts forecast 9.3% EPS growth for Q2. Today it’s 4.9%. Is that crazy low? Yes. Is it convenient? Yes, again. When the bar is low, it’s easy for companies to beat expectations. 8. Bitcoin Is Taking a Nap Bitcoin went on a wild rally off the April lows. Last week, we asked whether Bitcoin needed a nap because of weakness in MicroStrategy (MSTR) and GameStop’s (GME) Bitcoin purchase announcement, which spurred a sell-the-news reaction. Turns out, we should have shorted Bitcoin because it’s under pressure: Is this a disaster? Nah. Bitcoin went up 50% in a straight line. It deserved a nap. 9. It’s Still a Trader’s Market David Prince of T3 Live’s Inner Circle community argues that you need to have your trader hat on. [IMPORTANT: David is hosting a webinar which you can sign up for here.] And with the market grinding higher, the best opportunities are “under the hood.” See what he means: 10. You Need Some Gratitude! Friday marked the 81st anniversary of the D-Day landing on the beaches of Normandy, France. If not for the 150,000+ brave souls from around the world that risked it all, we might not be here. Be grateful! And watch Saving Private Ryan this weekend. I once worked for a former Army Officer who survived the assault. He said it was the most realistic depiction of Normandy that he ever saw. Rest in peace, Mr. Duffy. Have a great weekend folks.
Continue Reading -->David Prince Is Still A Trader – Not An Investor – In This Market
Inner Circle’s David Prince continues to wear his trader cap in this market as QQQ and SPY grind higher, looking for more investable opportunities “under the hood”. He explains how he’s using that strategy in his own trading: David discusses: How he’s trading the indices Why he isn’t fighting the trend What names he’s focused on for longer term buys If it’s time for “Small-Cap Summer” The AI name he’s focused on… that’s NOT Nvidia And more Join next week’s free webinar with David here.
Continue Reading -->Invest In China – Says Sami Abusaad
Sami Abusaad is a long-term bull on China… so much so that 54% of his IRA is in a Chinese ETF. He breaks down the chart in today’s video: Sami goes over: The sell setup failure he sees in YINN Other Chinese names that look good The daily breakout in DDOG A “cooking” day trade in YEXT Plus more trade ideas from the T3 Brain Trust!
Continue Reading -->Forget the News – Stocks Are Going UP
The market has not changed, argues Sami Abusaad. In fact, he sees SPY and QQQ hitting all-time highs. Find out why: Sami goes over: Why he doesn’t watch the futures or bond markets The reason he doesn’t care about stock market news Where Palantir (PLTR) is going next The reason he’s going back to old favorites Twilio (TWLO) and Zoom (ZM) His favorite pharma & biotech names Why UnitedHealth (UNH) has room to rally Why Best Buy (BBY) will resume its downtrend And a lot more! If you think the market is destined to crash, watch this video first.
Continue Reading -->A 10-minute training from JR on managing a trade in real-time
On Thursday, the market rug pulled retail as it was green overnight and at the bell… Then quickly turned over and major names sunk FAST. One of those names, Nvidia (NVDA), had just gapped up after earnings then faded. And traders inside the Momentum Express VTF® asked JR how he managed shorting NVDA for the win. It’s a 10-minute masterclass on how to manage a trade… Money management… If you’re having a tough time trading this market, this video is immensely important to how you approach your trades (especially if you put on day trades). Learn from JR:
Continue Reading -->10 Things You Need to Know – Not Winning Bigly Edition!
What a week! We just saw: A gigantic surge in stocks in May The US-EU trade relations get better The US-China tariff situation turn into a big fat mess all over again Nvidia (NVDA) beat earnings estimates… and then flop like a dead chicken Inflation continue to trend lower And a whole lot more! So let’s dig into the 10 Things You Need to Know About Markets Right Now. 1. President Trump Is Not Winning Bigly… For Now President Trump had another big week. On Tuesday, the market felt warm & fuzzy feelings after he issued a tariff delay to the EU. Then on Wednesday, a federal court said Trump overstepped his authority by using emergency powers to slap tariffs on foreign countries. And on Friday, the President accused China of violating the recent Geneva trade deal, sending stocks lower. So while he was “winning bigly” in recent weeks, things are getting messy. Of course, God only knows what news will hit this weekend. So buckle up buttercups! BTW, down below, we update you on the “Ultimate Trump Trade” so keep reading. 2. We’ve Come a Long, Long Way Markets were clearly troubled by Friday’s China news, but let’s not get carried away. But we’ve come a long, long way from the April post-Liberation day lows. SPY is up over 21% since then: And QQQ is up almost 30%. Maybe the market was just waiting for a catalyst before it took a break. But again… anything can happen come Monday. 3. Nvidia Was Good But Not Good Enough On Wednesday, Nvidia beat earnings expectations for the 10th straight quarter. And when we look at the long run, the company’s growth has been shocking: But Nvidia’s guidance was weak thanks to US trade restrictions on China. So as of Friday afternoon, the stock gave up all its post-earnings gains: 4. The Mood Is Slightly Sour The latest AAII Sentiment Survey shows that 32.9% of investors are bullish. This is down from last week’s 37.7% reading, and it’s below the long-term average of 37.5%. Still, this reading is much improved from the March-April lows, when everyone was losing their minds over tariff fears. 5. Could Lower Inflation Be Bad? The PCE Price Index was a lower-than-expected 2.1% in April to extend the downtrend from post-pandemic highs: This follows light CPI and PPI prints. But let’s ask a question no one’s thinking about. What if lower inflation is a bad thing? What if it means economic demand is sagging? And what if it means the Fed is behind the curve and moving too slow? Since I got a B- in macroeconomics, I won’t pretend I know what’s going to happen. But I am a little worried. 6. Whose House? HIMS House! Hims & Hers (HIMS) a.k.a. the Netflix of primal needs and desires, shot up on Friday out of nowhere. Why? One theory being floated is that the company will be added to the S&P 500. We also caught this announcement from Jonathan Stern’s “Hims House” X account, announcing “we’ve raised our Q2 revenue prediction.” $HIMS Q2 OUTLOOK STRENGTHENING INTO HOME STRETCH 🔥 The week ending May 18 was the strongest since April. Total observed sales +87% YoY. As a result, we’ve raised our Q2 revenue prediction. Here’s our full $HIMS Data Tracker recap: (link below) pic.twitter.com/2NVYl1YcQG — Hims House (@himshouse) May 30, 2025 If you’re following the HIMS story (I’m long myself), follow this account. And oh yeah, don’t forget HIMS has 27.8% short interest. According to KoyFin, that makes it the most shorted stock in the S&P Midcap 400 ETF (MDY): 7. Ultimate Trump Trade Update The President is a mean, lean, orange, volatility-generating machine. So what is the real Trump Trade? These 4 stocks, which have crushed the major indices: Robinhood (HOOD): +157% since the election Interactive Brokers (IBKR): +34% Coinbase (COIN): +27% Charles Schwab (SCHW): +24% So long as Trump can shake the table without breaking it, trading volumes should stay on the rise. On May 1, Interactive Brokers said Daily Average Revenue Trades (DARTs) were up 63% YoY in April. And May was pretty wild too! 8. Biotech Is So Ugly, This Chart Might Scare Your Kids Just when you thought it was safe to sniff around the biotech sector, Regeneron (REGN) and Sanofi (SNY) get slapped on negative trial data. But could this sector actually bottom at some point? Look at this 10-year chart of SPY vs. XBI: SPY is up 230%. And XBI is up 1%. Doesn’t get uglier than that. Traders have been burned for years buying biotech dips. That has to change at some point. Right? 9. You Can Learn to Trade Like Jesse Livermore Jesse Livermore is one of the greatest traders of all time. And Sami Abusaad will teach you the #1 trading secret from Livermore’s 100-year old book “Reminiscences of a Stock Operator.” 10. 2 Dark Omens for Bitcoin? Bitcoin went on a tear off the April lows, rewarding the faithful with a huge run. But it’s been slipping since the May 22 peak at $112,000. And interestingly – sector favorite MicroStrategy (MSTR) has been dropping like a rock. Plus on May 28, video-game retailer GameStop (GME) announced it bought 4,710 Bitcoin. And what happened? A big fat sell-the-news: Bitcoin might need a nap to recharge. Have a great weekend folks.
Continue Reading -->Tesla Will Hit $400 + 10 Million More Ideas from JR
Tesla Will Hit $400. And then Keel Over. JR said to grab a Snickers bar because this market has too many good setups. And in today’s video, he gave out so many ideas that T3 tried to stop him. We failed. So enjoy the unedited cut: JR goes over: Why the market can surge to all-time highs soon The critical level in the QQQ’s you need to watch The clear line in the sand for SPY Why Unity Software (U) looks solid A gold name that could face “big trouble in little Japan” Why Tesla (TSLA) can hit $400… and then roll over What to watch in short squeeze King Carvana (CVNA) A tech name that needs 2 weeks to ignite Why he’s focused on names that are immune to tariffs, including an ad tech idea His favorite quantum computing names And a lot, lot more!
Continue Reading -->My #1 Biotech Idea
Sami argues that the SPY and QQQ are in a tricky situation right now: Sami also goes over: A biotech name that looks super bullish Why he’s waiting for buy setups on the daily chart What’s special about the Advance Auto Parts (AAP) earnings gap An electric infrastructure stock that looks ready to go 5 names that could drop from here
Continue Reading -->10 Things You Need to Know – NVIDIA IS COMING!
What a week! We just saw: The market roll its eyes at the Moody’s downgrade of the United States’ credit rating President Trump throw some huge tariff bombs at the European Union and Apple (AAPL) Trump’s controversial tax bill pass the house A shocking rally in Bitcoin Wild ups and down for UnitedHealth (UNH) A wild comeback in Alphabet (GOOGL) A failed bond auction that turned into a buying opportunity Sentiment turn bullish after a huge stock market rally And a whole lot more! So let’s dig into the 10 Things You Need to Know About Markets Right Now. 1. Next Week Will Be WILD Just look at this freaking calendar and tell me you’re not pumped for next week – because Mr. Market’s packing a ton of stuff into 4 days: We have: The long-awaited NVIDIA (NVDA) Q1 earnings report – plus reports from Costco (COST), Salesforce (CRM), Dell (DELL), Marvel (MRVL), Zscaler (ZS), and others The FOMC Meeting Minutes US GDP US PCE Price Index And a whole lot more economic data! Plus, we can’t forget… 2. President Trump Will Rock the Boat Friday looked like any other day… until the President dropped these bombs on Truth Social: Yes, we kicked off the day reading about threats of a 50% tariff on the European Union, and a 25% tariff on Apple (AAPL). The market got hit hard and fast. But traders viewed this latest rock of the boat as a buying opportunity. The bottom was in by 8:12 am: The market is no longer freaking out at the President’s strategy of negotiating hard in public. And of course, he could announce within hours that everyone’s best buddies all over again. So maybe Apple’s (AAPL) up huge on Tuesday? Who knows… 3. NVIDIA Is a Mystery In April, NVIDIA (NVDA) earnings estimates fell for the first time in years after the company took a $5.5 billion charge because of export restrictions on the H20 AI chip. Sound bad, right? Well since then, the President went on a dealmaking rampage in the Middle East with a major emphasis on AI. NVIDIA CEO Jensen Huang said the company would sell more than 18,000 Blackwell chips to Saudi Arabia’s Humain. Plus, the US is partnering with the United Arab Emirates to build a major AI campus, and NVIDIA is joining the party, according to CNBC. And the Financial Times reported today that Oracle (ORCL) will drop $40 billion on NVIDIA chips for OpenAI’s new US data center. So could NVIDIA deliver monster guidance on its Wednesday earnings report? It seems possible. Speaking of NVIDIA, did you notice that… 4. Mag7 Stocks Are Kicking Butt in May Just as we started calling the Mag7 the Lag7… they perked up. Six of the Mag7 are in positive territory for May with an average gain off 11%, beating the QQQ’s 7% rally. And 2 are up more than 20% – NVIDIA and Tim Walz’ favorite stock Tesla (TSLA). Not so bad. Now, here’s a fun Mag7 fact we bet you didn’t know… 5. IBM Is Crushing the Mag7 This Year IBM (IBM) is the #1 stock in the Dow Jones Industrial Average this year with a 19% gain. So we compared IBM to the Mag7, and it’s winning. Big time. Here are the numbers: 6. Nuclear Stocks Went Nuclear President Trump signed four executive orders to ease regulations on the nuclear industry, with a focus on increasing US uranium production. Now, why do we need more nuclear power? Because AI apps like ChatGPT, Grok, Claude, Perplexity, etc. use shocking amounts of electricity. (pun intended) That sent uranium stocks through the roof Friday, with the Global X Uranium ETF (URA) surging 12%: Keep your eye on this sector because uranium might be the next “hot AI trade.” And outside of uranium, there’s been hot action in power-grid names like GE Vernova (GEV), NRG Energy (NRG), and Constellation Energy (CEG). 7. Traders Actually Turned Bullish The latest AAII sentiment survey shows that 37.7% of investors are bullish. This is just above the long-term average of 37.5%. And it’s the first above-average bullish reading since January 30. This is a perfect examples of how sentiment often follows price. So two scenarios can play out: 1) Traders keep bidding up equities as sentiment goes from “regular bullish “to “super bullish” 2) We see a top or consolidation phase since sentiment has already improved so fast What do you think? 8. There’s Something Funny About MicroStrategy (MSTR) Look at this chart comparing Bitcoin and MicroStrategy (MSTR): Bitcoin’s been pretty steady-as-she-goes, yet sector leader MicroStrategy is getting slapped with the ugly stock. Is Bitcoin about to drop? 9. Gold May Resume Its Downtrend Gold was the talk of the town in 2025 until its peak on April 22. And as you can see on the chart, it’s put in a series of lower highs and lower lows – a classic example of a downtrend. If we walk into some happy news next week, the downtrend likely resumes. 10. You Need This Rant from JR Romero Too many traders make things complicated. Well, JR has just 4 words for you. And one of them starts with the letter F: Enjoy your weekend. You earned it.
Continue Reading -->JR Romero’s 5-minute rant on technical analysis especially when the market moves like this (NSFW)
On Wednesday, JR got a question from a Momentum Express subscriber asking about AVGO and if he should sell because of overhead “resistance.” JR shared with him the 4 most powerful words in trading. And they’re NSFW. But it’s absolutely key if you do any sort of technical analysis, but you continue to lose money or struggle trading. Just yesterday, JR took QBTS with a $5M position and rode it up… And many would think that’s crazy. They think it’s crazy because they don’t understand the context of the market. This 5-minute rant is primetime JR… and a must listen. The 4 words you need to know in trading (NSFW) How to look at resistance the right way while using technical analysis Why most traders are part of the 90% who fail
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