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Greetings, Trendsters! Welcome to today's edition of Traders on Trend, where we're diving into the energy sector's latest plot twist. Warren Buffett, the Oracle of Omaha himself, is making waves with a $35 billion bet on an unproven energy solution. Is it genius or folly? We'll unpack that shortly.
But first, brace yourselves for some high-voltage market action. NVIDIA's earnings report is just around the corner, and the anticipation is electric. Our Chart of the Day segment will give you the lowdown on what to expect and how to play it.
We've also got a jam-packed Market Moving News section that'll keep you in the loop on the latest market tremors. And for those who like a dash of humor with their finance, our Market Mischief segment is sure to tickle your funny bone.
To round things off, we'll take a stroll down memory lane in our Time Machine section and leave you with some Random Musings to ponder. So, Trendsters, sharpen those trading pencils and let's dive into today's market adventures! |
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Biden’s $374B Giveaway Into This Sector
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Wall Street's Summer Slumber Continues |
Wall Street seems to be enjoying a leisurely summer snooze, with most of the action postponed until Nvidia's earnings report tomorrow. Major indices saw minor gains, thanks in part to a tech rebound ahead of Nvidia's big day. But overall, trading was sluggish and low-volume, reflecting the late-summer lull. While Nvidia could shake things up later this week, the market continues to buzz with rate-cut hopes, which recently propelled major indices toward all-time highs. The extent of any rate trim hinges on Friday's July Personal Consumption Expenditure (PCE) price index report, a key inflation gauge closely monitored by the Fed. Key Takeaways: - Nvidia's Earnings: The chip giant's report could set the tone for the rest of the week. Stay alert for any surprises that could trigger market moves.
- Rate Cut Speculation: The market is anticipating a rate cut, but the magnitude remains uncertain. Friday's PCE report could provide clues.
- Holiday Season: With Labor Day approaching, expect lower trading volumes and potentially increased volatility. Stay agile and be prepared for unexpected swings.
Strategies: -
Nvidia: If you're feeling adventurous, consider taking a position ahead of Nvidia's earnings. But remember, volatility could be high.
- Rate-Sensitive Sectors: Keep an eye on rate-sensitive sectors like financials. They could react strongly to any news or hints about the Fed's next move.
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Defensive Positioning: With the holiday season approaching, consider adding some defensive positions to your portfolio to weather potential market turbulence.
Stay sharp, Trendsters! The market may be taking a breather, but there's still plenty of action on the horizon. |
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Mondays are tough. After a weekend of fun, that alarm feels early. Imagine having something to look forward to. Extra income, maybe? My Weekend Gold Rush can help! With the new market paradigm this week, now is the perfect time.
Earn While the Market Rests Don’t wait. Discover Weekend Gold Rush now! |
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Wall Street's Summer Siesta: The Only Time 'Do Nothing' is a Valid Strategy? |
It seems Wall Street's taken a page out of the summer playbook – long, lazy days with minimal activity, punctuated only by the occasional ice cream truck (or in this case, Nvidia's earnings). It's enough to make you wonder if the market's put on its out-of-office auto-reply.
But while the big players might be enjoying a leisurely August, your portfolio doen't get a vacation. It's still out there, facing the elements (hello, potential rate cuts and holiday volatility!).
So, what's a diligent investor to do? Maybe it's time to channel your inner Warren Buffett and embrace the art of the contrarian play. After all, if everyone else is napping, maybe there's an opportunity to sneak in and grab some undervalued stocks while they're still on sale.
Or perhaps, just like the market, you could use a little break. Step away from the screens, enjoy the last days of summer, and come back refreshed and ready to tackle whatever the fall brings. Remember, even in a sleepy market, there's always something brewing beneath the surface. Stay alert, stay informed, and most importantly, don't let your portfolio get sunburned!
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NVIDIA on the Edge - Will it be a Moonshot or a Meltdown? |
The tension is thick as NVIDIA gears up for its earnings release. The stock is caught in a classic pre-earnings limbo, with FOMO-driven call buying pushing against the reality of sky-high expectations.
Technically, NVIDIA is dancing on a tightrope. The $132.50 resistance level is a key hurdle. A strong earnings beat could send it soaring towards $135 or even $137.50. But beware the downside: a stumble could trigger a drop to $125 or even lower. The Bottom Line: -
High Stakes: NVIDIA's earnings are a make-or-break moment, not just for the stock but potentially for the broader tech sector.
- Volatility Ahead: Expect fireworks, whether it's a post-earnings rocket launch or a painful plunge.
- Trade with Caution: This isn't a game for the faint of heart. Have a well-defined plan, set clear stop-losses, and be ready to adjust on the fly.
The market is pricing in perfection from NVIDIA. Anything less could lead to a swift and brutal selloff. But if they deliver the goods, the sky's the limit. The only certainty is uncertainty, so stay sharp and trade wisely! |
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How to target fast-paced Nvidia options for dirt-cheap |
Nvidia’s stock split has created a rare chance for everyday traders to make fast-paced trades for pennies! Expert trader Graham Lindman reveals the key detail in the Nvidia stock split story. He shares his current position for free!
Start Trading Nvidia Today! See how Graham is trading Nvidia now. Follow the link to get started!
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. From January of 2000 through May of 2024 from the study we have seen a 82.5% win rate on stock with an average winner of 10% and an average return of winners and losers at 5.77% on an average 28 day hold time in a model portfolio. The historical options over the last 5 years have shown a remarkable 169.1% average return per trade of winners and losers over that same 28 day average hold time.
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The Oracle's Energy Paradox: Buffett's Bold Bet on a Fossil Fuel Future |
Warren Buffett, renowned for his cautious investment approach, is making a splash with a $35 billion investment in an unproven renewable energy technology. Simultaneously, he's doubling down on fossil fuels, leaving many to wonder about his strategy.
Buffett's substantial stakes in Chevron and Occidental Petroleum highlight his confidence in the future of oil and gas, even as the world shifts towards renewables. The key to his strategy lies in carbon capture technology, a potential game-changer that could make fossil fuels cleaner and more sustainable.
While the economic viability of carbon capture remains uncertain, Buffett's track record of successful contrarian bets speaks for itself. He's clearly playing the long game, anticipating a future where carbon capture enables the continued use of fossil fuels alongside renewable energy sources. Key Points: - Contrarian Investing at its Finest: Buffett's move challenges the prevailing narrative of a rapid shift away from fossil fuels, highlighting his willingness to go against the crowd.
- The Carbon Capture Wild Card: This technology could revolutionize the energy sector, but its success is far from guaranteed. Buffett's investment is a calculated risk with potentially massive rewards.
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Long-Term Vision: While the market fixates on short-term gains and the latest tech trends, Buffett is looking decades ahead, positioning himself for the next major shift in the energy landscape.
This bold move resonates with the day's market theme: navigating uncertainty and anticipating future trends. Just as Buffett is betting on the transformative potential of carbon capture, investors are eagerly awaiting Nvidia's earnings report, hoping for a glimpse into the future of AI. Whether it's energy or technology, the key to success lies in identifying and capitalizing on the next big thing, even if it goes against conventional wisdom. |
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Analyst Chatter, Earnings Whispers, and a Looming Tech Giant |
Stock Swings and Roundabouts: -
Paramount (PARA) took a tumble after a potential buyer backed out, opening the door for a different suitor.
- Cava Group (CAVA) saw a post-earnings high turn into a post-insider-selling low.
- Super Micro Computer (SMCI) faced a decline after a short-seller report raised concerns.
Retail's Earnings Parade:
- Nordstrom (JWN) kicked off the retail earnings season with a bang, beating EPS estimates and offering upbeat guidance.
- Foot Locker (FL) and Chewy (CHWY) are next in line, with investors eyeing sales growth and valuations, respectively.
Tech Titans in the Spotlight: - All eyes are on Salesforce (CRM) and, of course, Nvidia (NVDA), as they prepare to release their earnings reports.
- Nvidia's results could be a market mover, with options traders pricing in a potential 10% swing in either direction.
Bulls vs. Bears: The Battle Continues: -
Bulls are optimistic about potential rate cuts, a soft economic landing, and continued earnings growth.
- Bears are wary of stretched valuations, seasonal headwinds, and the Fed's track record on soft landings.
Economic Data: - Consumer confidence beat expectations, signaling a strong labor market and easing inflation concerns.
- Home prices continue to rise, albeit at a slower pace, due to low supply and high mortgage rates.
- Friday's PCE report will be crucial in shaping expectations for the Fed's next move.
What's Next?
Keep a close eye on Nvidia's earnings and guidance, as well as the upcoming PCE report. Be prepared for potential volatility as we head into the Labor Day holiday weekend. Consider adjusting your portfolio based on the evolving economic landscape and market sentiment. |
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MARKET MUSINGS & TIME CAPSULE |
Random Musings
Is Warren Buffett the original "green" investor, or is he just hedging his bets in the energy sector? His simultaneous investments in fossil fuels and renewables certainly raise eyebrows and spark debate.
If NVIDIA's stock price were a rollercoaster, would you be holding on tight or jumping off before the big drop? The anticipation surrounding its earnings report is creating a thrilling sense of uncertainty.
Is the market's current calm before the storm, or are we simply witnessing a summer lull before the fall frenzy? The upcoming PCE report and Nvidia's earnings could certainly shake things up.
Can carbon capture technology truly be the savior of fossil fuels, or is it merely a band-aid solution for a larger problem? Only time will tell if Buffett's bet pays off.
If the stock market were a game of chess, would you be playing aggressively or cautiously in the current environment? The mix of bullish and bearish signals calls for a strategic approach. On this day in history, August 28 August 28, 1789: William Herschel discovers Enceladus, a moon of Saturn. Just as scientists continue to explore the mysteries of the universe, investors are constantly seeking new opportunities in the ever-evolving market. August 28, 1859: The Carrington Event, the largest geomagnetic storm on record, disrupts telegraph systems worldwide. This serves as a reminder that even the most advanced technologies can be vulnerable to unforeseen events, highlighting the importance of risk management in investing.
August 28, 1963: Martin Luther King Jr. delivers his iconic "I Have a Dream" speech, advocating for equality and justice. This historic moment underscores the power of vision and perseverance, qualities that are also essential for successful investors.
August 28, 1988: The Ramstein air show disaster occurs in Germany, resulting in numerous casualties. This tragic event serves as a reminder of the inherent risks and uncertainties that exist in the world, emphasizing the importance of diversification in investment portfolios.
August 28, 2005: Hurricane Katrina makes landfall in the United States, causing widespread devastation. This natural disaster highlights the importance of preparedness and resilience, both in personal finance and in the broader market. |
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"Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria." - John Templeton
As the market drifts through its summer lull, Templeton's words serve as a timely reminder. While the current calm might tempt us to bask in optimism, it's crucial to maintain a healthy dose of skepticism.
Remember, even amidst a seemingly tranquil market, hidden currents and undercurrents persist. From Buffett's contrarian energy play to Nvidia's upcoming earnings report, the potential for both euphoria and despair remains.
So, as we bid adieu for today, let's stay grounded, keep our eyes on the horizon, and never forget that in the world of investing, fortunes are made not by chasing the crowd, but by anticipating the turns in the tide. Until next time, happy investing! |
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