Two Things Stood Out at Today's Market Open

There was a whiff of yesterday’s selling in the pre-market this morning, but the S&P 500 opened right at the low end of its expected move, but then the buyers stepped in and took over. The Magnificent Seven were mixed, with TSLA taking the biggest beating. I was more interested in two things: the energy sector (XLE) is looking strong, and the bond market was absolutely rockin’. Here’s what else I saw… 

TheoTrade Daily Chatroom Schedule for Thursday, April 4, 2024
9:20 AM to 10:00 AM: Yours truly will call the market’s opening moves
10:00 AM to 11:00 AM: Tony Rago looks at minute-by-minute NASDAQ futures
11:00 AM to 12:00 PM: Professor Jeff Bierman teaches advanced trading techniques
12:00 PM to 1:00 PM: Blake Young will share his most powerful charts   
1:00 PM to 2:00 PM: Gianni DiPoce takes you inside the entire market
2:00 PM to 3:00 PM: Brandon Chapman kicks off “Triple Threat Thursday”
3:00 PM to 4:00 PM: Corey Rosenbloom hunts for the best trading opportunities

Check Out This Gold ETF Trade
Brandon Chapman dropped a trade on the VanEck Gold Miners ETF (GDK) in the live room. His instructions: “Buy +1 vertical GDX 100 May 17, 2024 $33/$34 calls at a $0.61 limit.” Give this spread a try - even paper-trade it - and see how you do. Trades just like this come in thick and fast in the TheoTrade Live Chatroom. Make sure you’re there every day.   

The Investing Wisdom of the Crowd
It’s not just our experts making recommendations in the live room. We’re a community, and a lot of our members have experience and ideas of their own. A few of the stocks our members like right now are GOLD, NEM, and AEM - all miners that are really compelling right now. If you’re an active member, make sure you’re not missing the chat. 

And if you’re not active at the moment, go here to learn how you can turn back on (for 30 days, at least) for just $7 right now.  

We’ll talk again soon,

Don Kaufman
Co-founder, TheoTrade