Artificial intelligence is revolutionizing this industry – leading to big profits… The post The No. 1 Insider Stock for 2024? appeared first on Trade of the Day ..read more

Is the market overvalued? Use this checklist to find out. The post Before You Break the Glass: Your Market Overvaluation Checklist appeared first on Trade of the Day ..read more

Stocks will look to bounce back today after suffering their worst single-day decline in 18 months. Now is not the time to get aggressive, but highly selective. And in a market like this, traders sell first and ask questions later. In turn, opportunities arise. And there’s one I see right now in Vertiv (VRT). Vertiv … The post Nasdaq Plunges, but This Overlooked Tech Stock Could Surge appeared first on Trade of the Day ..read more

You might’ve noticed more political ads hitting your YouTube streams. Especially since current President Joe Biden dropped out of the race and new nominee Kamala Harris raised a bunch of money to run her ads. This ad spend frenzy will only get more intense as we inch closer to Election Day in November. And right now I want to show you a company that stands to gain from this battle. It goes by the name Trade Desk (TTD). Earlier this week, I mentioned Trade Desk as one of my top watchlist picks in our Wake-Up Watchlist newsletter. So far I’ve already closed one winning trade on it in The War Roo ..read more

Nuclear energy demand is increasing in 2024 – and that’s not going away anytime soon. In fact, a recent development just boosted the entire sector’s potential. On July 10, U.S. President Joe Biden signed the ADVANCE Act into law. The ADVANCE Act is a bipartisan bill aimed at bolstering the nuclear power sector. This bill speeds up the licensing process for new nuclear reactors and reduces associated fees. It also mandates the Nuclear Regulatory Commission simplifies and shorten environmental reviews. Thus fast tracking the ability to create new nuclear reactors to meet the demand. The benefits ..read more

After looking at today’s market action, we need to be careful. The SPY and QQQ have both pulled back from their extended levels, which is actually healthy for the market. But with earnings season ramping up, we could see some choppy action from here. However, I’ve spotted a potential setup that’s caught my eye… and it’s not your typical tech stock. Click the image below to see exactly what I’m looking at and how I plan to trade it. YOUR ACTION PLAN I’ve got my eye on Marathon Digital Holdings (MARA). And there are a number of reasons why. First, it has a beautiful 78-minute squeeze and flag ..read more

I could have been staring at some serious losses last week. After all, the market’s sharp decline caught many off guard. Luckily, I was positioned correctly. But to be honest, it had nothing to do with luck. And it all had to do with one indicator that I want to introduce you to. Reading the market direction is crucial, but it doesn’t have to be difficult. Yet, most traders never bother to try and learn how to determine where the market is going. They see it as unnecessary if they don’t trade the broader market. But just because you don’t trade the broader market doesn’t mean you can’t predict ..read more

Believe it or not… My “crystal ball” is still in the shop. Without it, I’ll have to rely on a tried-and-true method. Which is to buy strong stocks in areas of support. And that’s what we’ve got a chance to do with T-Mobile (TMUS) currently. Shares of the stock took a hit on Monday in sympathy to poor earnings results out of Verizon Communications (VZ). While both companies generate the majority of their revenues from wireless services, they operate differently. T-Mobile’s superior performance is evident in its stock price, up 28% over the last year compared to Verizon’s 16%. I view its recent ..read more

Let’s rattle off some of the recent Wall Street worries. First and foremost, we have political uncertainty heading into November… Then, of course, we have the ever-present suffocating debt levels… Combined with continuing inflation concerns… And don’t forget the never-ending wars/geo-political escalations happening around the globe… Then most recently, we’re faced with the threat of global IT outages – and the impact those can have on everything from our banks to our airlines to our grocery stores. Each day, when you turn on the news, there’s something new to worry about. It almost seems like ..read more

Editor’s Note: Welcome to the new Wake-Up Watchlist. We’re changing up the game here. Starting today, you’ll no longer receive the top moving premarket stocks in your inbox. Instead, we’re giving you an upgrade. Now, you’ll only be getting exclusive watchlist picks directly from one of our trading tacticians. This way you’ll have more real, actionable trade ideas from our experts in your inbox every day. And today’s first watchlist pick comes from our Head Trading Tactician, Bryan Bottarelli. Check it out below. We’re excited to bring you more hand-picked watchlist stocks from our tacticians ..read more