Daily Pit Stop [fstp, logo, header] March 13, 2024 [ag views, logo, header] Is there a major ETF with a 0 return year over year?  Yes! The Vaneck Vectors Gold Miners ETF (Ticker: GDX) is somehow going nowhere with gold price up 15% in the last year. I cannot explain that accept, AI is getting all the money. Another reason is the hangover from the inflation narrative. Folks piled into GDX in 2022 only to have their hopes dashed on the rocks right next to the Sirens of the Iliad. [ded] GDX two year chart Inflation is running a bit hotter than expected. That has not mattered to stock buyers. GDX should perform as gold holds up. Also, with Government spending not going away, Gold should stay firm. Speaking of government spending, PPI is out tomorrow and I placeD some two way trade in[Weekly Profit Cycles](. If you want to learn to trade and not care which way the market goes, climb aboard. - AG  [logo, pit profits] Want to find YOUR winning fit? Give our Customer Care Team a call at [1-888-872-3301](tel:/1-888-872-3301) Monday-Friday from 9 a.m. - 5 p.m. EST. Or email them anytime at [support@optionpit.com](mailto:/support@optionpit.com)  [logo, fvix, header,] Weakness in the Nasdaq? Hey Traders! In Today's video, we'll cover: - Weakness in the Nasdaq
- Where is the money rotating to?
- Why stocks like SMCI and TSLA are falling out of favor [fvix]( [Click here to watch today's video!]( - Mark  [fpri] CPI Hot … 10-Year Auction Not Hey Income Hunters, The US Treasury issued $39 billion 10-year Treasury securities yesterday but with inflation on the rise, demand for the bonds was weak. [ded]( This was not a good day for the Fed and Treasury … They are doing everything they can to keep liquidity flowing into the bond market … I just revealed on Tuesday how the Fed and Treasury are using various regulators to free up banks from capital requirements so they can buy more bonds … You can read that [here](.   However, the country is now held hostage by government debt … Debt that is growing so fast that Janet Yellen is issuing $1 trillion in Treasury securities every 100 days! Get ready for full throttle Modern Monetary Theory (MMT) to kick in. [Read on here…Â]( - Bill  [fpip] The Almighty Doji is Next Hi Shoppers, What’s the first thing you see when you look at a stock chart? Do you look at the charts? Do you know how to spot a trend or a trend reversal? How about support and resistance, do you know how to find it? The answers to these questions and many many more can be found during my Candlestick Basics Course. We had our first session yesterday, but it isn’t too late for you to join us tomorrow at 12:00 ET for our second session. [Sign up here for only one dollar and you will also receive the recording of Class #1.]( Thursday we will be discussing the almighty doji candle and variations of it. Did you know the doji can signal a change in the stock’s trend? That is where the opportunity lies, getting in on the reversal. I will teach you how to spot that almighty doji and you will know the direction the stock will be heading. So come and join me! It’s fun, too! [On to the new trade idea in Wayfair (Ticker: W).]( - Bill   Don't miss when our traders go live! Get an alert everytime we open the live rooms to all of our readers for free by selecting the calendar you use below. Add Option Pit Live Events to Your Calendar [Apple]( [Google]( [Outlook]( [Outlook.com]( [Office 365]( [Yahoo](   [glossary, logo] There are plenty of terms in the trading world that need explaining. The Option Pit Glossary is here to help. Today's phrase is:  Big-cap - These are large market capitalization stocks with a value typically more than $100 billion. Most of these stocks are in the Dow, S&P 500, and NASDAQ 100 stock indexes. [ftsp] All the Right Options. The Option Pit Team brings more than 150 years of experience to you every day. From the trading pits of Chicago to the world's largest banks to the halls of power in DC -- they've done it all. Now they’re collectively focused on one thing: making YOU a better, more profitable trader. Click the button below to schedule a call with our concierge Customer Care Team to find your best fit today. DISCLAIMER: FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. The materials presented from Option Pit LLC are for your informational and educational purposes only. Neither Option Pit LLC nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational and educational purposes intended is at the user’s own risk.
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