Good morning, everyone.
I’ve been here at TheoLive for 45 days now - helping you navigate it - live each day.
I haven’t tried to call a bottom. I haven’t told you to try to buy overpriced tech stocks that are down 20%. I’ve told you to move to cash again on March 26.
I’m here… This market turmoil isn’t my first rodeo. My job is to identify, navigate, and profit from these very markets. Oh… and to help you PROTECT your money.
Talk about protect and thrive!
Blake’s in positive territory this year as a trader and investor.
Can’t say that about many money managers.
Can’t say that about ANYONE at CNBC.
Can’t say that about a lot of people who are managing their own money.
I tell people when to get out of the way… Blake teaches people how to survive and thrive.
So, I’m honored to spend the afternoon with him today… because in just 45 days, I’ve learned a lot from him.
And as a person with too much education - that’s the highest compliment that I can give.
The S&P 500 is down 10% this year. The MAG 7 is down 20%.
He’s up… not just beating the market… he’s making money.
Because he knows where money is going…
But before you pencil in that afternoon session - get in with me this morning.
I’ll be live in 30 minutes. And I want to walk you through what you need to know…
Because…. IT’S THIRD FRIDAY…
Get ready for wild swings all day long.
Don’t… Short… Gold.
I said that back at $2,800. There are things that are out the window right now.
You can’t… try to be that guy. This is how things go wrong.
I’m going to walk you through the idea of… “I have to short this because the technicals tell me to…”
Nope. Sometimes… there are things that we can’t stop.
I’ll show you exactly what you need to look at before you try to start going against the tide.
And even if those technicals are right… I’ll walk you through the right way to trade these things.
Don’t fight the Fed… don’t fight the trend… and realize that there is no such thing as a rational market.
It’s hard to short… You have to learn how to do it the right way…
The dollar is getting banged up. But as I said - this currency is overvalued by about 20% right now compared to the rest of the G10 countries.
Gold is gonna keep doing what gold does… but the big story is that China’s probably going to pump.
Not now… but probably in the third quarter - as evidenced by recent bank reports.
What’s the right way to trade materials right now? I’ll answer that question…
Then, we’ll talk momentum… and insiders.
Spoiler Alert: Insiders are not gonna be a reason to buy today…
BUT… I’ll show you the momentum breakout stocks and walk you through the ways to add the deviation bands again in Think or Swim.
Thanks, Garrett. I know, Garrett…
One guy… I did the bit for ONE GUY?
Only one person laughed yesterday when I did the There Will Be Blood “Oil Man” speech… what happened?
Will I be bringing new material today?
The good news is that I’ve got three stocks on my radar, and two trades that I want to walk through. Then, I’ll give you a preview of what to expect at 2 pm.
You pumped? I am…
Stay positive,
Garrett Baldwin