Here's What Pulled Stocks Higher Today

Another uneventful “massively unchanged” pre-market session - deceptively quiet. Some bearish European data pulled markets a little lower ahead of 9:00 but investors shrugged that right off… because it wasn’t Nvidia. Nvidia and Meta actually pulled the markets higher at the open and throughout the day. Apple was having a rough time of it, though, down more than 1% - there’s that critical level I was talking about yesterday. 

The energy sector is worth talking about today, and so are the financials. We’ll do that in a second…

TheoTrade Daily Chatroom Schedule for Monday, March 4, 2024
9:20 AM to 10:30 AM: Don Kaufman
10:30 AM to 11:30AM: Prof. Jeff Bierman
11:30 AM to 12:30 PM: Blake Young
12:30 PM to 1:15 PM: Gianni DiPoce
1:15 PM to 2 PM: Brandon Chapman
2 PM to 3 PM: Tony Rago
3 PM to 4 PM: Corey Rosenbloom

There’s a Good Reason to Watch Weight Watchers
The popular weight-loss and lifestyle company’s stock is in play right now. A lot of short-side activity. Brandon Chapman thinks that’s about to change dramatically, and there’s a chance to get on the right side of the squeeze. Watch…

How to Unlock the Potential in Gold
There’s no question everyone should own some of the yellow metal - permanently. The physical stuff is best. But as a trading vehicle it can deliver surprisingly good profits. Here’s how…

We’ll talk again soon,

Don Kaufman
Co-founder, TheoTrade