The #1 Sector to Be In Right Now (Not AI)
In today’s video, JR Romero shared the #1 sector to be in. It’s not AI, and it’s not the Mag 7: We go over: The reason this sector is so strong technically, and JR’s favorite names in the group Why this market is bullish and tricky at the same time What makes swing trading tricky right now What separates successful traders from those who struggle The worst kind of mentality you can have as a new trader’ How long it takes to get your head together The personality traits good traders tend to have And more!
Continue Reading -->The Bear Just Croaked
The market never broke down, so Sami switched gears fast. But, we can’t just buy everything fast: Sami goes over: Why the bear case died Why the long-term bias is now bullish The ideal setup for new buys Why he is looking for a big move in Amgen (AMGN) A biotech stock with almost “unlimited potential” Why Sprout Farms Markets (SFM) can rally after a huge decline 6 names that look set to drop And MORE
Continue Reading -->The Bears Failed. This Market Is Going Up.
The bears tried to take the market down. They failed and JR wants to buy equities. In this new video, JR goes over: The levels the bulls need to hold to keep pressure on the shorts Why SPX 6920 could come in the next two weeks When JR knew the bears failed to take the market down Why JFrog (FROG) is about to surge A fintech play he’s been watching for weeks A biotech name that could double or more A speculative crypto miner that has big potential right now Why the indices need to absorb selling before a violent upside move into year-end And more!
Continue Reading -->I’m Still Bearish
Sami Abusaad the market has not recovered and is still in bearish mode: Sami also goes over: Why Eli Lilly (LLY) is a perfect example of a legitimate uptrend Why the market has clearly turned bearish His downside target for SPY How he finds winning long ideas in a bearish market Why biotech stocks are working so well, and his favorite name Where he wants to buy IBIT for a rebound Why so many names need wide stops here A super bullish energy name that looks ready to rally hard Why Netflix (NFLX) is set to decline – even after its huge decline
Continue Reading -->David Prince’s Take on the Nvidia Earnings Report
Nvidia (NVDA) CEO Jensen Huang made headlines this week, throwing cold water on market talk of an “AI Bubble”. During the company’s earnings call, he said, “There’s been a lot of talk about an AI bubble… From our vantage point we see something very different.” Inner Circle’s David Prince breaks down his big take aways from the NVDA report and what it means for the market from here: David also covers: How he navigated Thursday’s reversal What Friday’s message from the Fed means for the market How he traded Friday’s rally The sectors he’s excited about into year-end Apply to join the Inner Circle VTF® and work with David here.
Continue Reading -->Nvidia Is Going to $1,200
JR Romero made waves when he predicted Nvidia (NVDA) would go from $123 to $200. But he was right. His new target is $1,200. Before you get excited, it will take years. But it will happen, as JR argues in this video: JR goes over: Why “Markets In Turmoil” headlines are silly (we acknowledge the irony here, given the thumbnail above) Why AI is NOT in a bubble What’s been dragging the market down Where he wants to back up the truck in Bitcoin, Ethereum, and MicroStrategy (MSTR) The reason a market pullback is healthy What Nvidia CEO Jensen Huang should do differently The bizarre psychology of being a long-term stock market bear And MORE!
Continue Reading -->This Biotech Stock Looks Like Dynamite
In this swing trading watchlist video, JR Romero shares his top ideas right now, including a biotech stock that looks like “a stick of dynamite” JR also shares: Why he is so bullish on biotech stocks as a whole A utility name on the verge of a massive breakout A giant pharma name that JR can’t believe he likes An oil tanker shipping name that looks ready to rally big Why a gold mining name could be headed to new all-time highs. JR also has a fun discussion with Sami Abusaad about the prospects for gold following its parabolic move.
Continue Reading -->The Strange Sign That We Topped Out
Did the market top out? Sami Abusaad believes the charts say yes. Sami goes over: The strange clue that Bitcoin just left traders Why the charts indicate more downside ahead Why Friday’s low are so important The power of Village Farms International’s (VFF) beautiful monthly chart His short list, which has multiple excellent opportunities The reason he changes his mind on Disney (DIS) The coming weakness in Duolingo (DUOL) And MORE!
Continue Reading -->The New Ugliest Chart in the World (Sorry Oracle)
We closed out another fun week in the markets so it’s time to look ahead with the 10 things you need to know, starting with… 1. Oracle May No Longer Have the Ugliest Chart in the World Last week, I said “Oracle Has the Ugliest Chart in the World” and it got uglier this week before a Friday stick-save. As of Frida morning, Oracle had dropped 39% from its post-earnings high: BUT… Oracle staged a powerful rally on Friday to end the day green. Trend change? Who knows. But for now, Oracle no longer has the ugliest chart in the world. Full disclosure: I went long Oracle (ORCL) calls Thursday and got out the same day for a loss. So I completely missed the Friday rebound. My bottom-fishing grade for the week is an F-. 2. But Oracle Has Competition… The major indices are just a few percentage points off their all-time highs, thanks to stability in the banks plus a few select index superheavyweights like Apple (AAPL). But below the surface, things are quite nasty, especially for super-speculative growth stocks. We’ve extensively covered the boom in low revenue, high valuation stocks like Oklo (OKLO) and IonQ (IONQ). They are no longer flying high. Many of these names have fallen more than 50% from their highs, like: Bitmine Immersion Technologies (BMNR): -78% Trump Media & Technology Group (DJT): -73% Rigetti Computing (RGTI): -59% D-Wave Quantum (QBTS): -53% Oklo (OKLO): -49% Pony AI (PONY): -47% IONQ (IONQ): -47% So based on these numbers… BMNR is the ugliest of them all: 3. Expect an Assault on Tom Lee, Owner of the Ugliest Chart in the World The media loves to build up heroes and then tear them down. It happened from 2000 to 2022 with Ark Invest’s Cathie Wood, who heads up the iconic ARKK ETF. The knives are about to come out for Fundstrat’s Tom Lee, who has been the biggest public face of this equity and crypto bull market. Lee is Chairman of crypto treasury name Bitmine Immersion Technologies (BMNR), which is cratering: If this bull market is indeed done, Tom Lee will be the #1 scapegoat for people taking too much risk. 4. Remember Microstrategy Crypto currencies like Bitcoin and Ethereum have also been taken to the woodshed. One of the biggest stories of the week was Bitcoin breaking the $100,000 mark with authority. And as you’d expect, related equities got smashed. We took a 3-year lookback at Bitcoin vs. the artist formerly known as MicroStrategy – Michael Saylor’s Strategy (MSTR): MicroStrategy, I mean Strategy, used to trade at a massive premium to its underlying Bitcoin holdings. And as such, Strategy has been playing massive downside catch-up to Bitcoin itself. No mas. The love story is over. 5. Fed, Schmed When Fed Chair Jerome Powell said a December rate cut is not guaranteed, the dovish mood soured fast. Now the CME’s FedWatch tool is pricing in a mere 43.6% chance of a December rate cut. That’s down from 66.9% last week, and 94.4% a month ago. So if you’ve wondered why rate-sensitive speculative stocks have been slapped around, this is it. 6. Biotech and Health Care Have RULED Biotech and Health Care have lagged the major indices for years. As traders and investors rotated out of tech and high-growth names, biotech and health care have shined in Q4: Biotech (XBI) is up 16% while Health Care (XLV) popped 12%. While SPY is barely green. So Jim Cramer was right. There really is always a bull market somewhere. 7. Sentiment Has Shifted Bearish The latest AAII Sentiment Survey shows that 31.6% of investors are bullish on stocks for the next 6 months. This is well below the long-term average of 37.5%. Meanwhile, bearish sentiment is at 49.1%. Investors have not been this bearish since September 10. And it makes sense, with all the meltdowns we’re seeing. If things stay weak, sentiment still has plenty of room to deteriorate further. 8. The VIX Is Nowhere Near Extreme The VIX is up in reaction to the rise in volatility. But it’s nowhere near extreme, like in April when we had the big post-Liberation Day tariff meltdown. And the VIX isn’t even close to the peak in mid-October, when regional bank worries were at the forefront: 9. Apple Is Made of Steel As noted above, Apple’s (AAPL) shocking stability has helped keep the indices elevated. It’s the only Mag 7 stock that’s positive in November: But why? Well, we’re past what was a pretty strong earnings report. And AI names have been getting trashed. So Apple’s supposed failure in AI is now a benefit. By the way, Apple is an AI superpower. Because people can download apps onto their Apple devices. And voilà! Meanwhile, try telling your kids they have to switch to Android. And see how fast they cry. 10. If Your Account Is Small, Try Options If your account is on the small side and you’re looking to build up to a bigger stake, it’s time to consider options. David Prince of the Inner Circle VTF® explains why:
Continue Reading -->David Prince Explains the Importance of Trading Beyond the Charts
Inner Circle’s David Prince uses a lot more than charts in his trading plan. He explains the other fundamentals he’s focused on when putting together a full picture for a trade: David covers: The importance of understanding the current market climate How to know how aggressive you can be What to do when the “wind is at your back” The mistake traders make with charts How to know when to size up or down Apply to join the Inner Circle VTF® and work with David here.
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