If you choose to no longer receive our free newsletter and daily market updates, click here to UNSUBSCRIBE
|
The market's throwing us a curveball, isn't it? While the S&P 500 may be hitting new highs, there's an undercurrent of caution rippling through Wall Street. Defensive stocks are on the rise, and it's not just the usual suspects like utilities.
Healthcare, the often-overlooked sector, is starting to make some serious noise. Could this be the new safe haven for investors seeking stability in a turbulent market? We'll explore this intriguing trend in today's issue.
Plus, we've got a Chart of the Day that's sure to spark your interest. LLY, a major player in the healthcare arena, just crossed a significant psychological threshold. We'll analyze what this could mean for the stock and the sector as a whole.
And as always, we'll keep you informed with the latest Market Moving News and maybe even throw in a bit of fun along the way. So get ready to ride the market waves with confidence. Let's dive in! |
|
|
Free Algo-Picked Stock Alerts |
|
|
Fed Signals a Pause, NVDA Earnings Loom Large |
The Nasdaq Composite made history yet again, closing at a second consecutive record high on Tuesday. The S&P 500 joined the party, also reaching a new peak, thanks in part to a dovish speech from Fed Governor Christopher J. Waller, suggesting the central bank may be nearing the end of its rate-hiking cycle.
Nvidia, the semiconductor giant at the forefront of the AI boom, continued its meteoric rise, closing near a record high ahead of its highly anticipated earnings report. The company's performance is seen as a bellwether for the broader tech sector, and expectations are sky-high.
While tech stocks basked in the limelight, defensive sectors like banking, consumer staples, and utilities also flexed their muscles. The Dow Jones Utility Average even closed at a 12-month high, highlighting a growing appetite for stability amid lingering market uncertainties.
Meanwhile, gold prices retreated slightly from their recent record highs, but the precious metal remains a hot commodity, up 17% year-to-date. The combination of central bank buying, geopolitical tensions, and inflation concerns continues to fuel demand for this safe-haven asset. What to Watch: Nvidia's Earnings: The chipmaker's results could significantly impact sentiment in the tech sector and the broader market.
Fed's Next Move: While a pause in rate hikes seems likely, investors will be parsing every word from Fed officials for clues about the future path of monetary policy. Gold's Trajectory: Will gold continue its upward climb or is a correction on the horizon?
Defensive Sectors: Keep an eye on utilities, consumer staples, and healthcare for signs of continued strength. Potential Strategies: Tech: If you're bullish on AI and the tech sector, Nvidia's earnings could present a buying opportunity if the market reacts favorably. Gold: Consider adding gold to your portfolio as a hedge against inflation and geopolitical risks. Defensive Stocks: For those seeking stability, explore opportunities in utilities, consumer staples, and healthcare. Stay tuned for further updates and analysis as we navigate these interesting times together. |
|
|
93.5% Win Rate On 60+ Trade Alerts |
Hey trader, 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. Enjoy!
*Stated results are from hypothetical options applied to real published trades from 10/30/23 - 12/26/23. The result was a 93.5% win rate, an average return of 13.7% including winners and losers and average hold time of less than 24 hours. Performance is not indicative of future results. Trade at your own risk and never risk more than you can afford to lose.
By clicking the link above you agree to periodic updates from The TradingPub and its partners (privacy policy)
|
|
|
The Dragon Hoards Treasure |
It seems China's central bank has been on a bit of a shopping spree lately, and their item of choice? Gold. That's right, the shiny metal that's been a symbol of wealth and stability for centuries. While the reasons behind this buying spree are as mysterious as the depths of a dragon's lair, one thing's for sure: it's adding fuel to the already hot gold market.
So, what does this mean for you, dear Trendster? Well, if you're holding gold, you might want to give it an extra polish – it seems to be back in vogue. And if you're not, perhaps it's time to consider adding a touch of glitter to your portfolio. After all, if the dragon is stocking up, maybe we should too? |
|
|
LLY: Playing Leapfrog with Round Numbers – Will $830 Be the Next Hurdle?
|
They say round numbers have a special allure in the stock market, and LLY seems to be quite the charmer. Witness its dalliance below $600 before it catapulted higher. Now, it's locked eyes with the $800 mark, and the tension is palpable. A decisive close above $800 could be the spark that ignites a new leg up. But don't get too ahead of yourself – $830, a key Fibonacci level, is waiting in the wings, ready to test LLY's resolve. If that hurdle is cleared, things could get really interesting.
Remember, though, the market loves to play tricks. Even with the Fibonacci time zones showing some predictive power, and the trend adhering to the Fib fan, a misstep below ~$752 could signal a change in LLY's love affair with higher prices. And if it stumbles below $720, it might be time to reconsider this budding romance.
For those who like to live on the edge, a break above $800 could present a short-term fling. But keep your stop-loss tight, around $783, just in case things get a little too hot to handle. Ultimately, LLY's chart is a reminder that the market is a game of levels – both numerical and
psychological. And while round numbers may hold a certain charm, they're not always a guarantee of happily ever after. |
|
|
Tesla's Weekly Trade is Available! |
If you could only trade ONE ticker for the rest of your life… What would it be? MSFT?
AAPL?
AMZN?
For me, it’s hard to say…
But for top trader -Lance Ippolito- he’s ALL IN on TSLA…
That’s because it’s given folks like us a shot to target money-doubling returns every six days.
I don’t know any other stocks that have the potential to do that.
But thanks to a new market anomaly studied by Princeton, Vanderbilt and even the SEC…
We can now target gains around 100% or more — from Tesla — on a weekly basis...
In fact his research shows it’s happened 23 times over the last year…
He believes this new Tesla-specific trade is so profound, he’s even made a video for you on how it works.
So, if you have 30 minutes, click any of the links and watch this video now.
The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. The trades expressed are from historical data in order to demonstrate the potential of the system.
By clicking the link above you agree to periodic updates from The TradingPub and its partners (privacy policy)
|
|
|
Is Healthcare the New Safe Haven?
|
The stock market's recent highs are masking a subtle shift towards defensiveness. Utility stocks, reliable barometers of risk aversion, have been signaling caution since February. Gold's ascent further reinforces this trend. Could the market be luring unsuspecting investors into a false sense of security before a potential storm?
Beneath the surface, a new player is emerging as a potential refuge: healthcare. Traditionally a defensive sector, healthcare offers a unique blend of stability and growth, making it an attractive option for investors seeking shelter from turbulent markets.
Several factors are fueling healthcare's potential rise. Firstly, its substantial weighting in the S&P 500 (12.1%) provides institutional investors ample room to maneuver compared to smaller defensive sectors like utilities (2.45%) and consumer staples (6.02%). Secondly, as tech valuations face scrutiny amid a potential market correction, investors may seek safer alternatives.
Healthcare stocks could also benefit from a "rotation" of capital away from riskier assets. As concerns about volatility increase, investors often shift towards defensive sectors. Healthcare, with its combination of steady dividends and growth potential, could be a prime beneficiary of this trend.
In essence, a significant rally in healthcare could be a canary in the coal mine, signaling a broader shift towards defensiveness. It would challenge the prevailing bullish narrative and urge investors to reassess their risk tolerance.
The takeaway? Don't be fooled by the market's seemingly unshakeable optimism. Healthcare's potential rise could be a harbinger of changing tides. Stay informed and adapt your strategies accordingly, as this sector could play a pivotal role in shaping the market's future. |
|
|
Earnings, Analyst Ratings, and Fed Whispers
|
AutoZone (AZO) hit a speed bump, falling 3.5% after reporting weaker-than-expected revenue. Meanwhile, Dell Technologies (DELL) got a boost from Citigroup, jumping 1.2% on an increased price target citing AI opportunities. Lowe's (LOW) dipped 1.9% despite strong earnings, as CEO Marvin Ellison voiced caution about consumer spending.
On the retail front, Macy's (M) celebrated a 5.1% gain thanks to better-than-expected earnings. However, Palo Alto Networks (PANW) saw a 3.7% drop after its guidance matched analyst forecasts. Peloton Interactive (PTON) took a hard tumble, down over 16%, announcing a "global refinancing" plan including a $1 billion loan.
Target (TGT) closed at a multi-month low, signaling investor concerns about inflation's impact on consumers, despite the company's efforts to attract shoppers with price cuts.
Fed Governor Christopher Waller's comments echoed recent remarks from Fed Chair Jerome Powell, hinting at a potential pause in rate hikes. Waller pointed to signs of a consumer spending slowdown and rising delinquency rates, while acknowledging that spending on services remains robust.
Investors are eagerly awaiting the release of the Fed's April 30-May 1 meeting minutes, hoping for further insights into the central bank's thinking. While traders are pricing in a 65% chance of a rate cut by September, many analysts believe the Fed will need to see several months of easing inflation before making a move. The economic calendar is relatively light this week, but expect market movements to be driven by corporate earnings reports, analyst ratings, and any whispers from Fed officials. |
|
|
MARKET MUSINGS & TIME CAPSULE |
Random Musings If the stock market were a hospital, healthcare stocks would be the quiet, efficient nurses quietly keeping things running while the flashy surgeons (tech stocks) grab all the headlines.
Gold may be the traditional safe haven, but in this market, healthcare could be the new chicken soup for the investor's soul. The Fed's communication style is like a cryptic crossword puzzle – you think you've got it figured out, but then you realize you've been staring at the wrong clue the whole time. Round numbers in the stock market are like psychological speed bumps – they can slow things down, but once you get over them, it's full speed ahead.
Investing in defensive stocks is like wearing a helmet while riding a bike – it might not be the most exciting thing, but it sure beats a trip to the emergency room. On this day in history, May 22 May 22, 1784: The Empress of China, the first American ship to trade with China, sets sail from New York. Perhaps a sign of the global interconnectedness that drives markets today?
May 22, 1856: Preston Brooks, a pro-slavery Congressman, brutally attacks Senator Charles Sumner on the Senate floor with a cane. A reminder that even the most heated market battles are nothing compared to the real-world conflicts that have shaped history.
May 22, 1939: Germany and Italy sign the Pact of Steel, a military alliance that would eventually lead to World War II. A sobering reminder of the geopolitical risks that can impact markets, as we've seen with the recent surge in gold prices.
May 22, 1992: Johnny Carson hosts his final episode of The Tonight Show. A nostalgic moment for many, and perhaps a reminder that even the longest-running bull markets eventually come to an end.
May 22, 2010: A Florida programmer pays 10,000 Bitcoins for two pizzas, marking the first real-world transaction using the cryptocurrency. If only those pizzas had been healthcare stocks instead... |
|
|
A Shot in the Arm (For Your Portfolio)
|
"The market is a place where people are constantly trying to predict the future. But nobody knows the future. The only thing you can do is play the percentages by buying and holding high-quality stocks at sensible prices." – John Bogle
While the Bard of Dublin might not have dabbled in stock analysis, his words ring true today. In a market where headlines often focus on price swings, it's easy to lose sight of the underlying value of the companies we invest in. Today's exploration of healthcare stocks reminds us that even in uncertain times, there are sectors with the potential for both resilience and growth.
So, as you ponder your next move, remember: Don't be swayed by short-term fluctuations or flashy trends. Focus on the fundamentals, seek out companies with enduring value, and build a portfolio that reflects your long-term goals. And perhaps, just perhaps, consider adding a little bit of healthcare to the mix – it might just be the prescription your portfolio needs.
Until next time, Trendsters, may your trades be profitable, your insights keen, and your portfolios as healthy as the sector we explored today! |
|
|
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 This publication is part of the 412 Media Network.
TradersOnTrend.com is copyright (© 2024) of 412 Media Network. All Rights Reserved
United States Post Office. P.O. Box 184 500 Venetia Rd. Pennsylvania 15367-9998 |
|
|
|
