February 29, 2024

If you choose to no longer receive our free newsletter and daily market updates, click here to UNSUBSCRIBE 

Trendsters, mark your calendars (or don't, it's a leap day after all!) because today's Traders on Trend is packed with insights to help you navigate the ever-evolving market landscape.

The crypto boom cycle is in full swing – are you ready to capitalize? Understanding the patterns at play could be your ticket to significant gains.  If you thought you missed out, think again! Today, we'll decode the crypto cycle and explore market opportunities.

We'll also analyze Caterpillar's bullish chart – could this be the start of a major climb? Plus, get ready for a dose of market movers and a dash of historical trivia to keep things interesting. 

This is another edition of Traders on Trend, your daily dose of market insights and trading tips, and without further ado, let’s dive into today’s newsletter and see what the markets have in store for us. Ready? Let’s go!

Sponsored

SPECIAL OFFER FOR FEB 29th, 2024 ONLY

Hiral Ghelani from StockEarningsInc has a new ebook
that will show you quick ways to trade earnings.

It's called The Ultimate Strategy Guide To Trade Earnings.

Take him up on this limited-time offer today and
he will also send you three daily special reports:

TAP HERE TO GET YOUR COPY TODAY

Today's Market Mood: EXTREMELY BULLISH!

The Bear-Bull Meter

The markets took a breather on Wednesday, with major indexes edging lower as everyone anticipates Thursday's big news: the Personal Consumption Expenditures Price Index (PCE). This inflation snapshot is especially important after the recent CPI and PPI numbers showed a potential resurgence in inflation, adding fuel to the Fed rate-hike debate.

Key takeaway: The PCE report could either calm or intensify market jitters about the Fed's next move. A hotter-than-expected reading could push back hopes of interest rate cuts, potentially extending the current volatility.

Beyond the PCE, investors were also awaiting earnings reports from tech heavyweights Salesforce and Snowflake, adding another layer of anticipation to the market's mood.

Where Things Stand

S&P 500 (SPX): Down 8.42 points (0.2%)

Dow Jones Industrial Average (DJI): Down 23.39 points (0.1%)

Nasdaq Composite (COMP): Down 87.56 points (0.6%)

10-year Treasury note yield (TNX): Slipped to 4.264%

Sectors in Focus

Tech and banking stocks feeling the pressure ahead of data and earnings.

Real estate proving surprisingly resilient, while consumer-related sectors saw a slight uptick.

Strategies to Consider

Volatility is still the name of the game – adjust your portfolio's risk exposure accordingly.

With inflation in the spotlight, consider inflation-resistant sectors or assets.

Keep a close eye on the PCE numbers and any subsequent Fed commentary – these will significantly influence market sentiment in the near term.

Sponsored

ChatGPT admits...

"[Industry X] will grow at the same rate as the AI industry..."

But these stocks sell for up to 97% less.

Click here for details.

Ever feel like the stock market has its own sense of humor? This week gave us a classic example.  Remember those reports of artificial intelligence (AI) tools passing business school exams? The markets seemed to react more to headlines about AI tools making investing mistakes. Looks like we humans might not be replaced quite so easily after all!

Some stocks in the AI space took a tumble, reminding us of a simple truth: just like a new trader, even the most advanced AI needs time to learn the ropes.  After all, the stock market is notorious for throwing curveballs – even a bot programmed with all the financial data in the world can't predict the next meme-stock frenzy.

So, the next time you hear about a super-smart AI poised to take over the markets, remember:  sometimes those algorithms might still need a good old-fashioned reality check.

$CAT: Caterpillar: Building Momentum?

Caterpillar (CAT) stock is showing some serious construction-site swagger. Its recent breakout to new highs, followed by steady consolidation, has chartists buzzing about a potential uptrend.

Let's break it down:

Breakout and Hold: CAT smashed through the $300 barrier in January, setting a new record. Investors seem comfortable holding at these levels.

Post-Earnings Boost: Beating analyst expectations gave CAT an extra push, leading to a surge above $330.

Trendline Triumph: A brief stumble was no match for CAT. Breaking above the recent downtrend line signals renewed bullishness.

EMA Evidence: The short-term 8-day EMA staying consistently above the 21-day EMA adds another layer of technical optimism.

Of course, no heavy machinery operates in a straight line.  Construction projects face delays, and markets have setbacks.  But for now, Caterpillar seems to be laying a solid foundation for further gains.

Sponsored

AI Could Go Supernova in 3 Months

There are three steps you need to take to protect and grow your money when America is threatened with mass unemployment.

Yes, I want to read the free report.

Think you missed out on the crypto rally? Think again! While many were running scared last year, we saw an opportunity – and the numbers prove it. Our bullish call on Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) is paying off big time. But this ride isn't over yet.

Understanding the Crypto Cycle

The crypto market isn't random chaos.  Pay attention, and you'll see a recurring pattern tied to Bitcoin's "halving" events. These events, where BTC's supply production is slashed, tend to spark major boom cycles. And history offers a tantalizing clue: the best gains may be yet to come!

Decoding the Boom

Bitcoin typically surges in the lead-up to a halving and continues its climb for roughly a year after. Think of it as a two-part rally with the second half often dwarfing the first. We might only be halfway through this cycle, with April's halving potentially marking a major turning point.

Lessons from the Past

First Boom Cycle: BTC up 500% early on, then a mind-blowing 9,000% surge.

Second Cycle: Initial 100% gain followed by an almost 3,000% explosion.

The pattern persists...

With BTC already doubling in this cycle, could we see a four-digit percentage gain in the coming year? History says it's possible!

The Bottom Line

It's not too late to join the crypto resurgence. This boom cycle, fueled by the power of supply and demand, still has room to run. And with inflation a lingering concern, cryptocurrencies could offer an alternative, potentially adding fuel to the fire.

Is it time to consider adding some crypto exposure to your portfolio?

Advance Auto Parts (AAP): Shares revved up after strong earnings and optimistic guidance put the retailer in the fast lane.

Beyond Meat (BYND): Investors took a big bite on news of cost cuts and a surprise jump in revenue. Is a turnaround cooking?

Bumble (BMBL): Despite solid numbers, weak guidance and layoffs sent the dating app's stock into a tailspin.

Coinbase Global (COIN): Crypto's rally continues, lifting Bitcoin and related stocks higher.

eBay (EBAY): Earnings beat expectations, sparking an auction frenzy for the stock.

First Solar (FSLR): Sunny earnings report had shares shining brightly.

TJX Companies (TJX): Bargain hunters drove a boost in same-store sales, giving the stock a slight bump.

Urban Outfitters (URBN): Missed earnings expectations meant this retailer's stock took a major markdown.

Earnings Watch: Thursday's Lineup

Big names reporting tomorrow include Anheuser-Busch Inbev (BUD), Best Buy (BBY), and Archer Daniels Midland (ADM).  Best Buy's recent stock surge might be riding on the success of other retailers, but its overall performance remains sluggish.

Inflation Spotlight

Thursday's PCE report is the final act in a month of hot inflation data.  Markets have already adjusted expectations, but another surprise could still cause ripples.  The Fed's keeping a close eye, and their reaction will dictate the market's next move.

Random Musings

Crypto Climate Predictions: If cryptocurrencies had weather forecasts, would Bitcoin be sunny with a chance of blockchain showers? Or perhaps Ethereum enjoys a climate of steady growth, with occasional ICO breezes.

Market Mood Swings: Ever notice how the stock market has more mood swings than a teenager during finals week? One minute it's all green like a peaceful meadow, the next, it's red like a toddler’s temper tantrum.

Investor's Diet: If investment strategies were diets, would value investing be the slow-carb diet, and day trading the equivalent of a crash juice cleanse? Remember, both require discipline, but only one is sustainable long-term.

Financial Time Travel: Imagine if you could go back in time with today’s market report. Would you be hailed as a financial Nostradamus or just another person shouting about the end of the world?

Cryptocurrency Creatures: In the crypto zoo, Bitcoin might be the majestic lion, Ethereum the crafty fox, and Dogecoin? Well, that’s the playful puppy, of course – everyone loves it, but no one knows what it will do next.

On this day in history, February 29

On this day in 1936, the Hoover Dam was completed. The dam is one of the largest and most impressive engineering feats in history, providing hydroelectric power and water supply to millions of people in the U.S. Southwest.

On this day in 1954, the first mass vaccination of children against polio began in Pittsburgh, Pennsylvania. The vaccine was developed by Dr. Jonas Salk, who later became a hero and a celebrity for his contribution to public health.

On this day in 1986, the Swedish Prime Minister Olof Palme was assassinated in Stockholm. Palme was a prominent and controversial figure in Swedish and international politics, known for his support of socialism, feminism, and anti-colonialism.

On this day in 1993, the World Trade Center in New York City was bombed by terrorists for the first time. The attack killed six people and injured more than a thousand. It was a precursor to the more devastating attack on September 11, 2001.

On this day in 2012, Apple became the most valuable company in history, surpassing Exxon Mobil. The tech giant reached a market capitalization of $623 billion, driven by the success of its products such as the iPhone, the iPad, and the Mac.

"The only thing that makes life possible is permanent, intolerable uncertainty; not knowing what comes next.”― Ursula K. Le Guin

This quote from the renowned science fiction author might seem unusual for a financial newsletter, but consider its relevance. The markets are inherently uncertain, and breakthroughs like those discussed in our "On This Day" section often arise from unexpected places.

The crypto boom cycle reminds us of this beautifully.  Just a few years ago, it was written off as doomed. Now, it offers immense opportunities.  Let's embrace that uncertainty and look for the potential hidden in the unknown.

Thank you for reading and subscribing to Traders on Trend. We’ll see you again tomorrow with more market insights and trading tips. Until then, happy trading!

DISCLAIMERS - THIS IS A PAID ADVERTISEMENT.

This is a paid advertisement, not a recommendation nor an offer to buy or sell securities. Our business model is to be financially compensated to market and promote public companies. By reading this email, our website / media webpage you agree to the terms of our disclaimer, which are subject to change at any time. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature and are therefore unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. 

This communication is never to be used as the basis for making investment decisions and is for entertainment purposes only. At most, this communication should serve only as a starting point to do your own research and consult with a licensed professional regarding the companies profiled and discussed. Conduct your own research. Companies with low price per share are speculative and carry a high degree of risk, so only invest what you can afford to lose. By using our service you agree not to hold our site, its editor’s, owners, or staff liable for any damages, financial or otherwise, that may occur due to any action you may take based on the information contained within our website / media webpage.

IRP Holdings, dba IRPub, has received Three Thousand Dollars paid by a third party, Interactive Offers, for and on behalf of Nexus Uranium Corp. (OTC: GIDMF | CES: NEXU) for brand awareness, marketing distribution and investor education marketing for a period of 2 Days. IRPub has not received any shares nor owns any shares of Nexus Uranium Corp. (OTC: GIDMF | CES: NEXU)

This communication is a paid advertisement and is not a recommendation to buy or sell securities. IRPub, and its owners, managers, employees, and assigns (collectively “the Company”) has been paid by the profiled company or a third party to disseminate this communication. In this case the Company has been paid by a third party, Interactive Offers, for and on behalf of Nexus Uranium Corp. (OTC: GIDMF | CES: NEXU), Three Thousand US dollars for marketing services for a period of 2 days. To conduct investor relations advertising, marketing and publicly disseminate information not limited to our Websites, Email, SMS, Push Notifications, Influencers, Social Media Postings, Ticker Tags, Press Releases, Online Interviews, Podcasts, Videos, Audio Ads, Banner Ads, Native Ads, Responsive Ads. This compensation is a major conflict with our ability to be unbiased, more specifically: This communication is for entertainment purposes only. Never invest purely based on our communication. 

Gains mentioned in this article, in our newsletter and on our website may be based on end-of-day or intraday data. We have been compensated by a third party, Interactive Offers, for and on behalf of Nexus Uranium Corp. (OTC: GIDMF | CES: NEXU)to conduct investor awareness advertising and marketing. Therefore, this communication should be viewed as a commercial advertisement only. The information is collected from public sources, such as the profiled company’s website and press releases, but is not researched or verified in any way whatsoever to ensure the publicly available information is correct. Furthermore, IRPub often employs independent contractor writers who may make errors when researching information and preparing these communications regarding profiled companies. Independent writers’ works are double-checked and verified before publication, and approved by the company that is featured herein, but it is certainly possible for errors or omissions to take place during editing of independent contractor writer’s communications regarding the profiled company(s).

You should assume all information in all of our communications is incorrect until you personally verify the information, and again are encouraged to never invest based on the information contained in our written communications. The information in our disclaimers is subject to change at any time without notice. We have not thoroughly investigated the background of Nexus Uranium Corp. (OTC: GIDMF | CES: NEXU), The third party, profiled company, or their affiliates may liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor awareness marketing, which often end as soon as the investor awareness marketing ceases. We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our communications and on our website is believed to be accurate and correct, but has not been independently verified and is not guaranteed to be correct. The information is collected from public sources, such as the profiled company’s website and press releases, but is not researched or verified in any way whatsoever to ensure the publicly available information is correct.

NOT AN INVESTMENT ADVISOR. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation.

ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

INDEMNIFICATION/RELEASE OF LIABILITY. By reading this communication, you agree to the terms of this disclaimer, including, but not limited to: releasing the Company, its affiliates, assigns and successors from any and all liability, damages, and injury from the information contained in this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions.

RISK OF INVESTING. Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. We do not advise any reader take any specific action. Losses can be larger than expected if the company experiences any problems with liquidity or wide spreads. Our website / media webpage are for entertainment purposes only. Never invest purely based on our featured profiles on Companies. Gains mentioned in our website / media webpage may be based on end-of-day or intraday data. This publication and their owners and affiliates may hold positions in the securities mentioned in our alerts, which we may sell at any time without notice to our subscribers, which may have a negative impact on share prices. The past performance of any trading system or methodology is not necessarily indicative of future results. All trades, patterns, charts, systems, etc., discussed in this message and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author and do not necessarily reflect those of the publisher.

Disclaimer:

Trading foreign exchange, stocks, options, or futures on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade, you should carefully consider your objectives, financial situation, needs and level of experience.

This newsletter provides general information that does not take into account your objectives, financial situation or needs. The content of this newsletter or our website must not be construed as personal advice. COE Media is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation.

The possibility exists that you could sustain a loss in excess of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin. You should seek advice from an independent financial advisor.

Any past performance presented is not necessarily indicative of future success.

Always do your own research and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

Advertising Disclosure: This email contains paid advertisements and we have been paid in some fashion to send this advertisment to our readers.

If you do not wish to receive this email, then we apologize for the inconvenience. You can immediately discontinue receiving this email by clicking on the unsubscribe link and you will no longer receive this email.  If you have any questions, please send an email with your questions to [email protected]

We strongly urge you to read our full disclaimer here.

UNSUBSCRIBE 

TradersOnTrend.com

COE MEDIA.    1126 S Federal Hwy
Unit #827    Fort Lauderdale, FL 33316