Finally (Some) Stocks Are Moving

After two days of “massively unchanged” prices, CPI data woke stocks up with a shock. The numbers were hotter than analysts had been expecting, and the S&P 500 started tanking after the bell. An early try for a rally sent stocks higher… but then, like they have so often, the bulls failed. Still, those moves weren’t happening all the way across the board. Tech, for one, wasn’t seeing much action at all at first. Here’s how I see this playing out… 

TheoTrade Daily Chatroom Schedule for Thursday, April 11, 2024
9:20 AM to 10:00 AM: I’ll be ringing the opening bell… from home
10:00 AM to 11:00 AM: Tony Rago will hunt for 50 handles on NQ
11:00 AM to 12:00 PM: Professor Jeff Bierman talks Wall Street craziness
12:00 PM to 1:00 PM: Blake Young will check in on his open positions
1:00 PM to 2:00 PM: Gianni DiPoce scours the entire market for profits
2:00 PM to 3:00 PM: Brandon Chapman talks “Triple Threat Thursday”
3:00 PM to 4:00 PM: Corey Rosenbloom will run scans for relative strength and trend plays

Here’s the Market Edge You Need
I’ll tell you what Professor Jeff Bierman told me. It’s controversial. <Psst> Humans don’t matter anymore. Not in the markets, anyway. All of the price action you see is driven by algorithms - machines. They buy what goes up and sell what goes down, fundamentals be damned. Professor Jeff understands this, and every week he shows his readers how to move with the machines and take the same profits they do. Click here to get Bierman’s “Man vs. Machines” research delivered right to your inbox. It’s totally free and always will be.
 
Take Some of These Profits Off the Table
Energy stocks and precious metals have had a strong, strong run lately, defying the long odds imposed by rising yields. Brandon Chapman is here to tell you why it’s time to take the money and run now. Take a look…

We’ll talk again soon,

Don Kaufman
Co-Founder, TheoTrade