APRIL 2, 2024

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

 

Trendsters, get ready for a market shift! Wall Street's warming up to the classic appeal of value stocks, and it's time to see if they deserve a spot in your portfolio. Think juicy dividends, solid balance sheets, and maybe even a hedge against those pesky inflation worries.

 

Speaking of value, Nike's giving us a signal! It's revisited its lower trendline, hinting at potential upside. Could this be a comeback play? We'll dive deeper in our Chart of the Day segment.

 

Plus, we might just slip in a fun fact or two to keep things interesting (did you know that the first product to have a barcode was Wrigley's gum?).

 

So, grab a snack, get comfy, and get ready to be the envy of your friends with all the trading know-how you're about to acquire. This is Traders on Trend, where we make investing both profitable and entertaining!

SPONSOR

Are you happy when you miss a trade?

 

Have you ever seen a stock make a giant move, and when you later checked the chart, you got mad?

 

You got mad because you knew you would have taken that trade if you had been available right before the stock moved!

 

“If I were in front of my monitor right then, I would have taken that trade and had a big winner!”

 

Yeah, I have been there too.

 

The thing is, no human being can pay attention to the market 24/7…

 

it’s impossible……But a machine can.

 

This week, my good friend Steven Brooks is releasing his brand new AI trading bot, TradeFusion, to the public.


If you want to see how an AI trading bot can do the hunting for you 24 hours a day, and always find you the best trades, click here to join him this week.

TODAY'S MARKET MOOD

Moderately Bullish!

 

 

MARKET ROUNDUP

New Quarter Begins with a Whimper

 

Trendsters, we're kicking off the new quarter on a slightly shaky note. Stronger-than-expected economic data and the Fed's persistent hawkishness have investors spooked.  The S&P 500 retreated after hitting recent highs, and that sharp rise in Treasury yields isn't helping the mood either.

 

Let's unpack what's happening:

  • Yields on the Rise: The 10-year Treasury note yield is flirting with last month's highs, jolting investors who were enjoying the low-rate party.
  • Fed's Firm Stance: Powell signaled the Fed isn't ready to pivot on interest rates just yet, dampening those hopes for quick cuts.
  • Profit Taking: Let's be real, after that stellar first quarter, some profit-taking isn't surprising – especially with the recent jitters.

Sector Spotlight:

 

Banks Beware: Rising rates aren't great news for bank margins, sending those stocks tumbling.

Staying Strong: Communication services and semiconductors weathered the storm, while energy stocks rode the oil wave even higher.

 

Strategies:

  • Buckle in, Not Out: This could be a bumpy ride as the market reassesses the interest rate landscape.
  • Hunt for Resilience: Look for sectors that thrive in higher rate environments (think energy), or consider dividend-paying stocks for consistent income.
  • Embrace the Volatility: Options traders, this might be a playground for those willing to stomach the swings.

Remember, short-term dips are a part of the market cycle. Stay focused on your long-term goals and keep an eye on those key economic indicators!

SPONSOR

Why is 9:22am the Best Time of Day to Trade?

 

If you haven’t gotten the results you want or deserve from your trading (yet)...

 

This might be the answer.

 

A 24-year trading veteran from Austin, Texas found a one-minute market window …

 

And it opens every morning at the same time.

 

This one minute window is exactly the time when the market makers “tip their hat” or (unintentionally) reveal the #1 stock of the day.

 

Tap here to find out more about this method today

 

MARKET MISCHIEF

AT&T's Latest Innovation – Data Sharing!

 

Trendsters, ever feel like the market knows your every move?  Well, AT&T customers might have a new reason for that paranoia. Reports of a massive data breach are swirling, raising serious questions about cybersecurity in an increasingly data-driven world.

 

Why the market cares:

  • Consumer Confidence: Data leaks erode trust in tech giants, potentially impacting usage and stock prices.
  • Cybersecurity Sector: Expect renewed interest in cybersecurity stocks from concerned investors.
  • Regulatory Scrutiny: Could this trigger stricter data privacy regulations, impacting the bottom line for tech companies?
  • A bit of levity: It seems even with AT&T's spotty cell reception, your personal data managed to get out just fine.

CHART OF THE DAY

Nike Swooshes Back in Play

 

Trendsters, lace up your trading shoes because Nike ($NKE) is back on the trendline, ready for a potential rebound rally. After a little breather, it looks like this sportswear giant might be gearing up for another sprint.

 

Now, there's always that chance it could stumble and test $87, but let's talk about the upside potential:

  • Targets in Sight: $97, $104, even $110 and $116 are all within reach if Nike keeps this momentum.
  • Risk vs. Reward: The risk/reward ratio here is looking pretty sweet. A little downside risk for a whole lot of potential gain.

 

Of course, as with any athlete, past performance doesn't guarantee future wins. Keep an eye on those key levels and overall market sentiment. But for now, Nike seems poised to break away from the pack.

SPONSOR

$25,000 into $109,616 in two months?

 

Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months.

 

You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists…

 

It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…

 

Which means we can now pile into the same exact stocks institutions are buying or selling… as it’s happening.

 

And in the last 2 months, this system has scored an insane 93.5% win rate across 60+ issued trade alerts…

 

Giving over 450 regular traders like you a chance to nail 56 winners out of 60 issued trades.

 

Now I’m not promising you’ll get the same results… or that you won’t have any losses…

 

But if you want to see how this new trading tool works plus get in on the very next trade… 

 

Go here to watch the most recent trading workshop video at no charge.

 

ANALYSIS

Why Value Stocks Deserve a Second Look

 

Trendsters, if you're feeling priced out of the growth stock party, don't despair. Wall Street's spotlight is shifting to the undervalued gems in the value bin. Here's why it's time to dust off your bargain-hunting glasses:

  • The Price is Right: Value stocks boast lower valuations compared to their high-flying growth counterparts. Think of them as the "sale rack" of the market.
  • Dividend Delights: Value stocks often offer juicier dividends – a welcome buffer in this shaky interest rate environment.
  • Built to Last: Their solid financials make them better equipped to weather economic storms.

Remember, these companies aren't just riding hype – they have real earnings and cash flow.

So, why the sudden love for value?

  • Growth Stock Stumble: Big growth names had a rough March, making cautious investors seek stability.
  • Inflation Shield: If rising inflation and delayed Fed rate cuts become reality, value stocks offer a potential haven.
  • It's a Cycle: Market leadership tends to rotate between growth and value. Could this be value's time to shine?

Key Takeaway: It's not about dumping growth stocks entirely, but reconsidering your portfolio mix.  A sprinkle of undervalued, dividend-paying companies could add much-needed resilience in this uncertain market landscape.

 

Remember: Investing is a long game.  Don't let short-term fluctuations steer you away from solid companies trading at attractive prices.

MARKET MOVERS

Of Ringers and Plungers

 

Leaks and Downgrades: AT&T (T) took a hit on data leak concerns, while Barclays' downgrades weighed on trucking giants C.H. Robinson (CHRW) and J.B. Hunt Transport (JBHT).

 

Analyst Upgrades = Upside: Devon Energy (DVN) got a boost from Wells Fargo's bullish outlook, while Fifth Third Bancorp (FITB) faced valuation concerns after its recent rally.

 

Chips Ahoy: Micron Technology (MU) and Semtech (SMTC) surged on positive analyst notes and strong results.

 

Earnings Watch: Get ready for fresh financials from Cal-Maine Foods (CALM), Dave & Buster's Entertainment (PLAY), Paychex (PAYX), Levi Strauss (LEVI), and ConAgra Brands (CAG). The unofficial Q2 earnings season kicks off with big banks around April 12th.

 

Manufacturing Rebound:  Economic data signals a resilient manufacturing sector, despite the Fed's aggressive rate hikes. This adds to signs of a solid first-quarter economy.

 

Rate Expectations & Powell's Patience: Markets are still eyeing a June Fed rate cut, but Powell's Friday remarks emphasize the need for more cooling inflation data.  The Fed seems content to hold rates high for now.

 

Key Takeaway: It's a mixed bag as companies navigate leaks, analyst revisions, and a shifting economic backdrop. Stay tuned for Friday's key jobs report –  it could be the week's most impactful market mover.

MARKET MUSINGS & TIME CAPSULE

 

Random Musings: Financial Fortunes and Follies

 

"Value stocks are like a fine wine – they might need some time to age, but they offer a rich and satisfying payoff."

 

"Don't chase growth stocks like they're on sale at a fire drill. A calculated approach and a focus on value can lead to steadier returns in the long run."

 

"Inflation concerns are like that mosquito buzzing in your ear. Ignoring them won't make them go away – consider assets that can withstand the bite."

 

"Diversification is your portfolio's best friend.  Don't put all your eggs in one basket, no matter how shiny that basket seems."

 

"Market timing is a fool's errand. Remember, time in the market beats timing the market."

 

On this day in history, April 2

 

April 2, 1973: The first mobile phone call is placed. Imagine investing in those early telecom giants!

 

April 2, 1917: Jeannette Rankin becomes the first woman elected to the U.S. Congress. A reminder that breaking barriers can lead to remarkable achievements, in politics and in markets.

 

April 2, 1902: The first dedicated movie theater opens in Los Angeles. Another industry that's transformed dramatically - a lesson that today's tech darlings may not be tomorrow's.

 

April 2, 1513: Ponce de León lands in Florida, seeking wealth (and possibly a mythical fountain). Some investors still chase those elusive, too-good-to-be-true returns.

 

April 2, 1865: Robert E. Lee's troops evacuate Richmond – sometimes retreat is a strategic necessity, just as selling a losing stock can be.

THE FINAL LEDGER

Value and Virtue

 

Trendsters, as we close out today's market musings, remember this timeless bit of wisdom from Benjamin Graham, the father of value investing:

 

"In the short run, the market is a voting machine but in the long run, it is a weighing machine.”

 

While growth stocks might grab the headlines with their flash and hype, value stocks often reveal their true weight over time.  The market, like a good accountant, eventually balances the books.

 

So before you're tempted to chase the latest trend, remember the simple virtue of value.  Seek out those solid companies trading at a discount, let time do its work, and you might just find yourself pleasantly surprised at the long-term returns.

 

Until next time, happy investing!

 

 

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

Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}