Market Correlation is Causation for Concern

[Spotlight] Daily Video Newsletter Friday, March 15, 2024 Welcome to the Friday edition of the TheoTrade Report. Webinar Replay Catapult to Profits: The Moonshot Formula With Don Kaufman [Click Here]() ================================================ [Free TheoNight Report - Weekend Edition for Friday, March 15, 2024 by Don Kaufman - Market Correlation is Causation for Concern]( "The correlation between the Big Tech stocks and the rest of the S&P 500 is low, compared to history," says a recently published Barclays note. I kind of agree. The big guys are right once in a while. But the note goes on to say that Big Tech/S&P 500 correlation actually spikes when markets sell off. That sounds like trouble to me, particularly because I see us on the edge of a volatility breakout. We’re seeing a monster, inflationary rally in stocks right now, with so many names stuck near 52-week highs. Investors are just plowing ahead with no worries about anything. It’s like fear has disappeared from the markets entirely. The VIX has, with a couple of exceptions, been in the basement for weeks and bonds are hovering near lows - a sign that the market just doesn’t give a damn right now. But… I’m watching for increasing correlation between big tech and the S&P 500. That’ll be “The Sign” that all hell’s about to break loose. We’ll talk about why in just a minute. We’ll look at how we did with our expected 82.28 move this past week and handicap next week’s EM, too. Let’s get started… [Click here to watch the video]() Mar 15 - Gianni Just Took Down Another Winner Celsius is the food and beverage play right now, and Gianni’s followers are getting the chance to clean up. He recommended they cover another one-third and take 56% gains off the table. This is a big play, so stay tuned. Mar 15 - Time’s Running Out for MSFT, But… You’d have to be crazy to buy a stock like Microsoft in this market. It’s closing in on several targets and waiting any longer… well… You’re almost certain to get roasted. But if you trade it the “catapult” way, you could take down triple-digit profits just like I did. [Here’s how it works…](=) Recent Media Appearances by TheoTrade Jeff Bierman talks A.I. with YahooFinance LIVE [Click here to watch and read the interview ]() Follow Us on Twitter for Free Market Updates Throughout the Day: [( NEW MEDIA CHANNEL - JOIN TheoTRADE on RUMBLE [TheoTrade Rumble Channel](=) NEED HELP? LOOKING FOR MORE ADVANCED TRAINING? CALL OUR VIP CONCIERGE SUPPORT TEAM: (623) 244-5657 For live updates throughout the week join the TotalTheo® Unlimited Monthly Streaming: [( Get 6 Months Membership Access for FREE [Click Here to Open and Fund a NEW tastytrade Account]( Follow these step by step directions: 1. To open an account with tastytrade and enjoy an additional 6 months of TheoTRADE membership, start by clicking the button below.. 2. Follow the directions on that page to open a new account. 3. Fund the account with a minimum of $2,000 in the next 30 days and keep open for at least 6 months. 4. IMPORTANT: After the new account is open AND funded email support@theotrade.com so we can verify your new account. Please note it may take us up to one week to verify your account from the time you email us. 5. TheoTrade will then provide you membership access for 6 months! [Click here to get started now...]( Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, registered investment adviser, registered broker-dealer or FINRA|SIPC|NFA-member firm. TheoTrade does not provide investment or financial advice or make investment recommendations. TheoTrade is not in the business of transacting trades, nor does TheoTrade agree to direct your brokerage accounts or give trading advice tailored to your particular situation. Nothing contained in our content constitutes a solicitation, recommendation, promotion, or endorsement of any particular security, other investment product, transaction or investment.Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past Performance is not necessarily indicative of future results. TheoTrade 16427 N Scottsdale Rd Suite # 410 Scottsdale, Arizona 85254 United States 1 (800) 256-8876 If you no longer wish to receive our emails, click the link below: [Unsubscribe](