Our Tech Fears Are Coming True (I’ve Been Right All Along)

Note: SKEW is flashing bright green, and income-generating opportunities are everywhere, but there may be just days left to capitalize. Click here to learn how…

Trouble at Thursday’s Market Open
Don Kaufman here… Retail numbers. They weren’t good - big misses. But that didn’t really put investors off. Stocks opened higher and kept going, so did bonds, in fact. The dollar, on the other hand, came under pressure thanks to that lukewarm report. But that’s not the biggest thing on my radar right now…

I’ve been pounding the table on this for weeks: Investors have to be worried about the tech sector. Everyone else out there loves tech, but I don’t trust it any further than I can throw it. That idea is starting to catch on. Warren Buffett - one of the louder Apple bulls out there - has started trimming his AAPL position to the tune of 14.5%. Meta is up right now, sure, but the bid out there isn’t convincing. Tesla is losing steam - no bang for the buck there. Google is getting slashed, too, and the knife says “OpenAI” on the handle. There’s a lot more to get through today so let’s get to it…

TheoTrade Daily Chatroom Schedule for February 15, 2024

9:20 AM to 10 AM: Don Kaufman

10 AM to 11 AM: Tony Rago

11 AM to 12 PM: Prof. Jeff Bierman

12 PM to 1 PM: Gianni DiPoce1 PM to 2 PM: Brandon Chapman 

2 PM  to  3 PM: Steve “Slim” Miller 

3 PM to 4 PM: Corey Rosenbloom

Why I Watch the SKEW Like a Hawk
I’d bet no one outside the trading community knows what SKEW is. It’s a little-known index I use to spot ideal income-generating opportunities. And right now it’s at or near record highs. It’s like a big, green neon sign screaming “MOVE!” But we’ll have to do it quickly - the last time SKEW did this, the profit-potential window was only open for three weeks. I’ve recorded a webinar that can teach anyone to learn how to use this indicator for themselves. You can watch the replay right here but, like I said, “MOVE!” because I’m not sure how long it’ll be online. 

Time to Short AAPL Shares
There’s trouble in Cupertino… In the words of Professor Jeff Bierman, Apple’s gone “from cider to slider,” and savvy traders ought to be looking to cash in on that slump. The professor, who made a quick $100-a-contract profit on the short side, says Apple looks plain tired - fully priced with no room to run. Go do likewise - tune into Bierman’s coaching sessions to learn everything you need to do to trade.

We’ll talk again soon

Don Kaufman
Co-founder, TheoTrade