TheoTrade Insider: Why (Most) Stocks Had a Quiet Morning

February 26, 2024 | [Read Online]( TheoTrade Insider: Why (Most) Stocks Had a Quiet Morning Pro Tip: Throughout my career, one “moonshot” technique has helped me slash my risk, boost my returns, and secure a lifestyle most could only dream about. It’s all about trading smarter - something anyone can do. This Wednesday at 12 PM, I’m going to show everyone how it’s done. [Go here to sign up for the live event](.  Stocks were fairly quiet in pre-market trading and the day opened the same way. Volume was lighter than usual, and the only significant stocks moving were NVDA (what else?) and TSLA. I was interested in watching the action in the financial sector, as tracked by the XLE ETF… and it was largely the same story. Crickets. As I said over the weekend, the thing that really matters right now is Nvidia - the one-stock stock market. I’ve pounded the table on this company; it’s dangerous that so much capital and “hopium” are concentrated there, and I think investors are going to come to grief because of it. Maybe not today… maybe not tomorrow… but before long. Let’s take a look at what else is on my radar right now…  [Quiet. A little too quiet…]( [TheoTrade Daily Chatroom Schedule for Tuesday, February 27, 2024]( 9:20 AM to 10:30 AM: Don Kaufman 10:30 AM to 11:30 AM: Prof. Jeff Bierman 11:30 AM to 12:30 PM: Blake Young 12:30 PM to 1:15 PM: Gianni DiPoce 1:15 PM to 2 PM: Brandon Chapman 2 PM to 3 PM: Tony Rago 3 PM to 4 PM: Corey Rosenbloom Most Traders Would Keep This a Secret I’ve been trading for more than 20 years at this point. My success there has helped give me a lifestyle a lot of folks would dream about - a house in the islands, plenty for my family, cars, name it. I worked hard… but I didn’t trade hard. I went after low-risk, high-probability trades… and then used those profits to bankroll moves on high flyers like MSFT and TSLA. Needless to say, triple-digit wins weren’t unusual. Most traders would keep this bottled up, but I’m all about education here. I’m going to be screaming this method from the mountaintops to everyone who’ll listen. Wednesday, February 28 at 12 PM Eastern.[Be there.. But first go here to save yourself a spot.]( Let the Crowd Chase 52-Week Highs In our office chat the other day, someone was pointing out the fact that regular investors and traders seem to be chasing - never a good idea - stocks at or near their highs with no regard for downside risk. This is happening in a hyper-concentrated group of “darling” stocks, like Nvidia (I’m on the record there). For the moment, they’re winning… but they’re taking small, exceedingly risky wins. This can’t last forever, and when reality kicks in, it will be ugly. They’ll see the smoke in Canada. The best traders like us manage their risk carefully - they don’t chase anything - and maximize their returns with good fundamental and technical analysis. We’ll be there to swoop in and pick up the pieces. We’ll talk again soon, Don Kaufman Co-founder, TheoTrade Update your email preferences or unsubscribe [here]( © 2024 TheoTrade PO Box 24790 Christiansted, Virgin Islands 00824, United States of America [[beehiiv logo]Powered by beehiiv](