Why Markets Went Nuts Today

Overnight and pre-market trading was some of the most frantic I’ve ever seen, almost all the way across the board - stocks, gold, crypto, bonds. The missiles started flying in the Middle East again and it was the traders who went ballistic. Not surprising that the bulls couldn’t manage a last stand this Friday. Here’s what happened…

TheoTrade Daily Chatroom Schedule for Monday, April 22, 2024
9:20 AM to 10:30 AM: I’ll get everyone ready for the opening bell
10:30 AM to 11:30 AM: Professor Jeff Bierman shows you “The Way”
11:30 AM to 12:30 PM: Blake Young has some must-see charts
12:30 PM to 1:15 PM: Gianni Di Poce is hunting for long-side opportunities
1:15 PM to 2:00 PM: Brandon Chapman scans the whole market for opportunity
2:00 PM to 3:00 PM: Tony Rago looks minute-by-minute at NQ NASDAQ futures
3:00 PM to 4:00 PM: Corey Rosenbloom brings you the best range and trend plays

The Algos Are Targeting a Big Chipmaker
Semiconductors are the darling stocks of the market - millions love ‘em. Well, at least millions of human investors do. Algos - machines - have been shredding the stock, although most traders wouldn’t be able to tell who the culprit is because algos are totally opaque. It’s only a matter of time before the algos target the stocks in your portfolio. 

Professor Jeff Bierman understands how this works. He was among the first to pull back the curtain on what these bots are doing. Click here to subscribe to his “Man vs. Machines” free research and you’ll be “down the rabbit hole” of algos and their tactics. 

We’ll talk again soon,

Don Kaufman
Co-Founder, TheoTrade