TheoTrade Insider: Why Any Selloff Could Get Out of Control

Note: Don’s Great American Income Project webinar is set to be taken offline shortly. We really hope you had the chance to catch it, but click here if you haven’t…

Friday’s Market Open

The market opened mixed today after a hot PPI print hit the street. Now, the mainstream is going to spin this a good thing - or at least a not-bad thing - but believe me, the hot CPI reading from earlier this week is going to carry much more weight with the Fed. 

We’re also looking at an increasing selloff in the bond market. From where I’m sitting, the risk is out there and any selling could quickly snowball. Let’s look at how it’s playing out… 

TheoTrade Daily Chatroom Schedule for February 16, 2024

9:20 AM to 10:30 AM: Don Kaufman
10:30 AM to 11:30 AM: 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

Gianni Just Bagged Two Winners
Time to ring the register - Gianni DiPoce just took down two winning trades on the short side. Both were tech- - a 34% gain as software company AppLovin slid lower and a 33% gain on the gigantic crypto exchange, Coinbase. Gianni’s been looking for upside in shorts lately and it looks like he’s found it.

No, Really: Watch Out for Nvidia
The rockstar chip company makes up an immense chunk of the S&P 500’s weight. So Brandon Chapman asked an uncomfortable question - one we should all be asking: “What happens if they lower guidance?” It could get ugly. Here’s why…

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. 

We’ll talk again soon,

Don Kaufman
Co-founder, TheoTrade