This Market Keeps Defying Expectations

[Trading With Larry Benedict]( This Market Keeps Defying Expectations By the Opportunistic Trader Editorial Team This week, a Wall Street Journal headline announced, “The S&P 500 Is Poised for Best Start to Year Since 2019.” Yet among the rejoicing, the article expressed some concern about the way the market keeps defying expectations: [S]ome investors wonder if the underlying strength of corporate profits can keep pace with investor optimism… Stocks could appear overvalued if companies fail to deliver expected profits. Companies in the S&P 500 are trading around 21 times their projected earnings over the next 12 months, above the five-year average of 19, according to FactSet… Mark Hackett, chief of investment research at Nationwide… worries that investors could turn complacent, becoming oblivious to potential risks such as stickier-than-expected inflation or weaker-than-expected earnings. “Are we getting to the point where it is just too easy?” he said. That’s the question of the moment it seems… And it’s why focusing on trading could be the right move this year. Rather than depending on stocks rising endlessly, traders can rake in short-term profits in both directions. That could be key if any wobbles in the market reverse some of the gains we’ve seen so far this year. So be sure to stay tuned for Larry’s expert insights… This week, he touched on energy, tech, and several tools to help your trading. Simply click the links below to catch up. --------------------------------------------------------------- [thumbnail]( [One of the Best Ways to Amplify Your Trading Profits]( Every year, there are four predictable times when the profit potential for trading skyrockets… --------------------------------------------------------------- [thumbnail]( [Nvidia Is Carrying an Ever-Increasing Load]( After a blistering first quarter of 2024, the VanEck Semiconductor ETF (SMH) is facing its first major test for the year… --------------------------------------------------------------- [thumbnail]( [After a Sharp Sell-Off, Chevron Is Setting Its Sights Higher Again]( CVX tried to rally into the end of last year, but the move petered out. Now let’s see if its fresh attempt can gain traction… --------------------------------------------------------------- [thumbnail]( [How This Technical Tool Can Boost Your Trading]( Bollinger Bands can help identify a potential breakout move, as volatility often ramps higher when a stock breaks out of a range… --------------------------------------------------------------- [thumbnail]( [This Low-Profile Gas Stock Could Be Setting Up for Another Run]( This energy stock rallied 575% off its March 2020 low before retracing. Let’s see what’s coming next… --------------------------------------------------------------- [The Opportunistic Trader]( The Opportunistic Trader 55 NE 5th Avenue, Delray Beach, FL 33483 [www.opportunistictrader.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. The Opportunistic Trader welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-888-208-6550, Mon–Fri, 9am–5pm ET, or email us [here](mailto:feedback@opportunistictrader.com). © 2024 Omnia Research, LLC. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Omnia Research, LLC. [Privacy Policy]( | [Terms of Use](