TheoTrade Insider: Volatility could roar back this week

June 10, 2024 | [Read Online]( Two Stocks We Need to Talk About as Powell and CPI Approach By Brandon Chapman If ever there was a week that should be wracked by volatility, this is it… Market-leading AI/chip stock Nvdia just concluded a 10-for-1 stock split - if you owned one share last Thursday, you own 10 now. Historically, these splits aren’t all that kind to stocks. The AI stock is said to be “priced to perfection,” but we’ll just see about that this week. AI might not be enough to save Apple right now. At the company’s Worldwide Developers Conference corporate honchos announced new AI initiatives and product integrations. AAPL shares sank like a stone. I’m old enough to remember when the letters “AI” and “WWDC” were reliable intraday profit catalysts for this stock… but it seems AI doesn’t have the cachet it did just a few months ago. Then again, releasing similar features as your competitors doesn’t add much value Amidst all of this we’ll see another inflation data point in short order - CPI and PPI print on Wednesday, and we’ll get an FOMC announcement as well. Wednesday may herald the one-two punch that moves the market. [I think we should expect some volatility. It’s going to be tough for Jerome “JPow” Powell to outdo the dovishness on display in Canada and Europe right now. Here’s what I think we should do about it…Â]( [Trouble ahead (probably)]( [TheoTrade Daily Chatroom Schedule for Tuesday, June 11, 2024]( 9:20 AM to 10:00 AM: I’ll call the action at the cash open 10:00 AM to 11:00 AM: Tony Rago takes on NQ, NASDAQ futures 11:00 AM to 12:00 PM: Blake will share his top charts 12:00 PM to 1:00 PM: Prof. Jeff Bierman shows you how to trade 1:00 PM to 2:00 PM: Gianni Di Poce tackles the market 2:00 PM to 3:00 PM: Brandon looks at the week’s top performers 3:00 PM to 4:00 PM: Corey Rosenbloom goes after range and trend plays Blake Is Staging an Encore Presentation This Thursday at 7 PM His “Retirement Rocket” event smashed records and blew up our systems. Successful as it was, we’re afraid some people might’ve missed out. Blake’s updating his 103-ticker watchlist with even more names for another presentation this week. [RSVP here - totally free of charge…Â]( Gianni Has a New Stock Pick Out This afternoon in his live trading room, Gianni dropped yet another recommendation, an IT engineering firm called Altair. His instructions: “Buy ALTR on a close above $92.90 with a stop-loss on a close below $85.46.” Professor Bierman Is Targeting Shorts in a Bullish Market Capturing small gains here and there can really add up. The professor is playing WMT, TJX, KPG, PG and more, watching the algorithms pull the stocks closer to his exit points. [You can sign up to get Professor Bierman’s free research delivered to your inbox right here.]( Corey Rosenbloom Is Targeting Oil and Bonds - Bullish and Bearish We’ll talk again soon, Don Kaufman Co-Founder, TheoTrade Update your email preferences or unsubscribe [here]( © 2024 TheoTrade (FOMO) PO Box 24790 Christiansted, Virgin Islands 00824, United States of America