Master Trader Nick Santiago has been been beating the markets for over two decades. During this time he has racked up an impressive number of profitable trades. Nick called the stock exact day of the market peak in 2007 and called the 2009 market bottom within one week, profiting handsomely in the process. Nick hasn't rested on his laurels either. In the latest market turmoil of 2020, Nick has been earning record profits during a time where most investors are losing their shirts. Now Nick sh ...
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Google Loses 6.66% — Nick Santiago 1-31-24 Last Episode #666
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This is perhaps our last show 1. Google, MSFT and AMD are leading the headlines today. They are all dropping after reporting earnings. Alphabet (GOOG) is the biggest loser falling by nearly 6.0%. This news is weighing on the NASDAQ which is trading lower by 1.17%. Like I said last week, these stocks are all priced for perfection after the recent ru…
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Nick’s Big Retirement Announcement — Nick Santiago 1-29-24 #560
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1. It's a quiet start for the major indexes this Monday morning. While the indexes are higher they are just slightly positive. 2. This Is a huge week for earnings. Mega cap stocks such as MSFT, AAPL. AMZN, META, and AMD are all scheduled to report this week. 3. Oil,nat gas and energy are weaker today. This industry group remains very choppy for the…
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1. Earnings season is underway. Netflix (NFLX) reported last night and that stock is a big winner this morning trading higher by 13%. Texas Instruments (TXN) on the other hand is trading down by 2.8%. Then we have consumer goods stock Kimberly Clark (KMB) trading lower by 4.5%. This stock is dragging most of the consumer goods names lower. Clorox, …
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1.The major stock indexes are rallying higher again this morning. Last friday, the S&P 500 Index closed at a new all time high after 2-years. Currently, that market remains strong and in an uptrend. 2. Earnings season kicks into full gear this week. Last week, earnings season began, but the number of companies reporting was very light. This week we…
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Rate Cuts, What Rate Cuts? Nick Santiago 1-17-24 #556
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1.The major stock indexes are starting out a little on the weak side today. At this time, the major indexes have been trading in a tight range since mid-December. 2. Earlier this morning, the retail sales report was stronger than expected. This is signaling that consumers are still strong and that might keep the Fed from cutting rates. The next FOM…
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1.Earnings season kicked off today with JPM and other financial reporting. 2. Oil and energy are rallying after the US and UK conducted strikes against military targets in Houthi-controlled areas of Yemen 3. Next week is options ex for January. 4. Gold and silver are catching an early bid. 5. Bitcoin slumps after spot ETP approval Visit Nick @ http…
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1. The fake Bitcoin Tweet heard around the world. The SEC was allegedly hacked. The crypto traders are all awaiting news from the SEC on a spot bitcoin ETF approval by over 10 firms. 2. It's a quiet day for markets, Tomorrow, the CPI number will be released. This has been a market moving number in the past and can be again. 3. The financial stocks …
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2024 The Year of the Tofu-Dreg Global Economy with Nick Santiago 1-8-24 #553
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Kerry Lutz and Nick Santiago talked about what 2024 has in store for the financial markets. They analyzed the recent movements of the market, including the resurgence of technology stocks and the impact of the Powell pivot. They also discussed the Federal Reserve's monetary policy shifts and their impact on the market, as well as potential indicato…
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Rate Cut Rally Continues — Nick Santiago 12-18-23 #552
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1.The major indexes are upticking to start the day. Last week was an important time period for markets as Fed Chairman Jay Powell changed his verbiage on interest rates and was basically dovish. I'm sure this week we will hear the fed heads start to talk hawkish as the markets have run a lot since late October. 2. US Steel (X) is going to be bought…
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1.It's a big day for markets. First, we had the PPI report today. The Producer Price Index was unchanged month-over-month. Honestly, I don't care about the number, we only care about the reaction. 2. Later today at 2pm ET the FOMC will announce their interest rate policy decision for the United States. I think there is a good chance this is going t…
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Quad Witch Slams Natgas — Nick Santiago 12-11-23 #550
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1. Quad witching options expiration this Friday Dec 15th. This is a week for wild news, ridiculous upgrades/downgrades and lots of rumors. Letsthe games begin. 2. Mega cap tech stocks are pulling back today. $AAPL GOOG, AMZN, MSFT and NVDA are just a few leading tech stocks that are down by more than 1% at the open. This is again likely due to opti…
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1. The non-farm payroll report was released today. The headline number was a 199,000 job increase in nonfarm payrolls, there was a drop in the unemployment rate to 3.7% from 3.9%. Basically, this was another goldilocks report. It's funny how that has happened a lot this year. 2. The major indexes started weak and rallied up and now it’s pulling bac…
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Oil Takes a Dive — Nick Santiago 12-6-23 #548
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1. The major indexes are trading higher this morning, but we have been in a range since November 20th. Overall, the major indexes are just consolidating and that is not a bad thing after a big run up like we had since October 27th. Share buybacks at record levels and special dividends are on the rise. 2. Oil is down again today. Crude is now tradin…
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1. Markets are pulling back today. They have been very overbought on the daily chart. 2. Gold is pulling back in a big way today trading lower by 2.3%. Gold was very close to a monthly breakout, but it never confirmed the move and today it is pulling in sharply. 3. Silver is also retreating today. While it has not been as strong as gold recently it…
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1.Markets are trading higher today after the . The catalyst for the move higher was from the second estimate for Q3 GDP showed real GDP increasing at an annual rate of 5.2%. This number was expected to be strong but was better than expected. Later today, the Fed's Beige Book will be released at 2pm ET. 2. The Russell 2000 Index (IWM) is the big win…
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1. The holiday is over and the markets are stalling out a little to start the week. These markets are very overbought on a daily chart basis. A pullback or some consolidation is needed after such a big surge. Today is a full moon, let's see if we get a minor pullback for a few days here. 2. New home sales declined 5.6% month-over-month in October t…
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1. Nvidia (NVDA) earnings are the talk of the day. The stock is trading lower by 3.0%. The earnings were very strong as expected, but the stock had run higher recently with the overall stock market. 2. The major stock indexes are continuing to rally in this light volume holiday session. Often, around major holiday periods we look for light volume a…
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Rally Out of Nowhere -- Nick Santiago 11-20-23 #542
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1. The major indexes have staged a a big rally since October 27th. Now it looks like the markets need to take a breather. Today, the major indexes are slightly higher to start the day. The NASDAQ is leading the charge trading up by 0.50%. 2. Microsoft has now hired the former C3 AI CEO Sam Altman to lead it AI division. The stock is trading higher …
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1. Markets are trying to rally again today after yesterday's sell-off. 2. Yields surged yesterday after a weak 30-year US Treasury auction. Today, yields are pulling back a little today. 3. Fed Chairman Jay Powell spoke at the IMF yesterday. He was very hawkish as expected. Remember, this is what he usually does when the markets rally. Today, the m…
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Market Stalling After Huge Surge -- Nick Santiago 11-8-23 #540
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1. The major indexes have surged since October 27th when the S&P 500 index traded as low as 4103. Today, the S&P 500 index is trading at 4387. This has been a major surge and the markets likely need a breather soon. 2. Crude oil is down again today trading around the $76.50 area. Even with the Middle East conflict oil has still retreated sharply lo…
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1 Markets are struggling. Markets are stalling out. Sellers jump in. A. Geopolitical events. B. Yields are pulling back a little but nobody is buying into it. C. Everyone is scared to hold over the weekend with a war looming. 2. Earnings are out. AMZN & INTC are strong today after reporting. Amazon had a great reaction to its earnings. Intel also h…
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Google Gets Gashed -- Nick Santiago #538
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1.Earnings are out from MSFT and GOOG. MSFT is strong, the stock trading higher by 3.7%. Google is not doing so well, the stock is trading lower by 8.5%. The tech giant had been a strong chart until today, so the next few days will tell me a lot more. 2. The major stock indexes are under early pressure. Yields are higher on the 10-year note. The 2-…
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$3000 Gold/$50 Silver --Nick Santiago 10-23-23 #537
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1. Options Expiration for October is finally over. Traders and investors can get back trading without so much institutional game playing. This morning, the markets are starting out on the weaker side. The 4189 level should be some support for the S&P 500 Index. It has been tested this morning right after the opening bell. This is going to be a key …
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1. The major indexes are starting out a bit on the weaker side today. Traders should remember this Friday is options expiration for October. Today is Whipsaw Wednesday, which is often the most choppy session of the week before the Friday expiration. Rallies will often be sold and sell-offs will usually see big bounces. Be ready for a market that ca…
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1 Earnings season is underway. This morning JPM, WFC, BLK, PNC, UNH & PGR reported earnings. For the most part, JPM is having a great reaction to its numbers. The stock is trading higher by 4.0%. More earnings will pour in next week in other industry groups. 2. The major indexes were trading higher this morning but gave up their gains. They were lo…
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1. Market rally after a lower open on the back of the hotter than expected job report. PPI up %0.5, a little hotter than expected. Markets are testing a big head and should neck line. A lot of bumpiness ahead. 2. US Dollar index is falling and that is helping stocks. Dollar has had a good pullback. 3. Oil is pulling back and that is helping markets…
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Another Day, Another War — Nick Santiago 10/9/23 #533
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1. Oil is gaining after the Israel war. 2. Markets are lower this morning, burt they did have a big rally on Friday. The bond market is closed today due to the old Columbus Day holiday now called indigenous peoples day. In the past, when the bond market was closed the stock market would often rally. Remember the old saying, when the cats away the m…
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1. Market rally after a lower open on the back of the hotter than expected job report. 2. US Dollar index is falling and that is helping stocks. 3. Oil is pulling back and that is helping markets. 4. Nat gas is breaking out. 5. Gold has caught a big bid on the back of the weaker dollar. Visit Nick at: https://Inthemoneystocks.com Visit Kerry at: ht…
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Is the Bond Market Collapsing -- Here's Nick's Take 10-04-23 #531
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1. Markets are in a down trend and fear is starting to set in. Yesterday's JOLTS number was a little too hot to handle as good news was bad news once again. The major indexes are trying to gain some traction today, but it is off to a slow start. ISM services PMI came out weaker than expected. 2. There are a couple of positives for the markets today…
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Yields Up, Market Down, Gold Down — Nick Santiago 10-2-23 #530
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1. It is still a fragile market. Last week the major stock indexes closed lower again. Today, the NASDAQ is trading higher but the small caps (Russell 2000) are weak. I'm just expecting more whipsaw going forward. Today is the start of the 4th quarter and everyone will be looking at the payroll report due out on Friday. 2. Energy is pulling back to…
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1. The major indexes have been very weak and are trying to bounce a little today. 2. The main catalyst for the recent declines are two fold. First, the strong US Dollar Index (DXY) has been surging higher and that puts pressure on many multinational US equities. Second, it is bond yields. Yesterday, the 2-year note yield traded around 5.15% and the…
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Weaker Markets Today -- Nick Santiago 9-25-23 #528
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1. The major indexes sold off last week and are on the weaker side again this morning. The stronger US Dollar Index and higher bond yields are keeping pressure on equities. 2. Today the 10-year note yield is trading around 4.51%. While this affects rates it is still not as important as the 2-year note yield which is trading around 5.12%. If the 2-y…
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1. Today is Fed day. Later at 2pm EST the FOMC will announce its interest rate policy for the United States. They are expected to keep the fed funds rate unchanged at 5.25 to 5.50%. Once again, verbiage will be important and can move markets. 2. Bond yields are backing off this morning and that is certainly helping the major stock indexes. Yields h…
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1. Weak start for the markets to begin the week. Last week was a very choppy and volatile options expiration and today much slower. 2. The regional banks are on my radar today. The important Regional Bank ETF (KRE) is trading lower by 1.7% and this pattern is signaling a decline down to the $41.00 area. That support level better hold or else this i…
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1.Its options expiration today. Thank goodness it's over. There was some wild whipsaw action throughout the week as expected. 2. Now, next week will be important as we have the Fed meeting on Wednesday Sept 20th. This will be a very important meeting for the markets. Fed Chairman Powell is expected to keep the fed funds rate unchanged, but once aga…
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Ultimate Pair Trade, Buy Eli Lilly - Sell McDonald’s — Nick Santiago 9-13-23 #524
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1.The CPI numbers were released today. The August consumer price index rose 0.6% for the month, and was up 3.7% from a year ago. This number was expected so it was not a big surprise to the markets. Core CPI, which excludes volatile food and energy, increased 0.3% and 4.3% respectively, against estimates for 0.2% and 4.3%. The bottom line, the mark…
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There’s Gold in Fat — Nick Santiago 9-11-23 #523
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1.Today is the 9-11 anniversary. This is often a light volume session that will often finish slightly positive. 2. This Friday is options ex for September. It is a quadruple witching options expiration. That means that four different asset classes will expire this week. It will usually make for a lot of erratic action in many different stocks. Ofte…
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Apple Trying to Recover -- Nick Santiago 9-8-22 #522
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1.Quadruple Witching Options expiration is next week. This is the real shark week. Watch for lots of rumors and ridiculous upgrades & downgrades. I always say, expect the unexpected next week. 2. Apple (AAPL) is rebounding a little today after a sharp 2-day selloff. The news out of China is not a shock as it occurs right before options expiration. …
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Apple Crash? — Nick Santiago 9-6-23 #521
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1. Markets are under pressure to start the day. Traders and investors are now back from the Labor Day holiday and are taking some chips off the table. 2. Everyone is talking about the oil rally right now. Crude has been very strong recently trading as high as $88.07 a barrel yesterday. It looks overbought to me at this stage, despite the news that …
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Market Bounce Back -- Nick Santiago 8-30-23 #520
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1. The major stock indexes are bouncing today continuing the move from late last Friday. This is the final trading week in August and the last week ahead of the Labor Day holiday. There's a chance that we see continued light volume and a gradual float higher into the end of the week. Most often holiday action will favor the upside, but we must not …
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1. The major stock indexes are trying to rebound this week after a brutal 3 weeks of selling pressure. This is due since the markets were oversold in the near term. 2. The Fed pow-wow from Jackson Hole, Wyoming officially kicks off today. We will hear from many of the fed heads today and tomorrow, but Chairman Jay Powell will speak on Friday at 10a…
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When Powell Speaks Everyone Listens — Nick Santiago 8-21-23 #518
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1. Markets are trying to rebound after a tough period last week. Everyone is now looking for Fed Chairman Jay Powell to say the day as the central bank pow-wow from Jackson Hole, Wyoming is held later this week. Chairman Powell is scheduled to give a speech this Friday at 10am ET. 2. Some surprise news came out of China last night. The People's Ban…
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1.Yesterday the S&P 500 Index closed below the 50-day moving average. This is the first time this has happened since March. Today, the markets are trying to bounce and we shall see if the S&P 500 index can climb back above its 50-day moving average. There are lots of money managers that will not buy stock when the S&P 500 trades below this key movi…
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Yields Are Not Going Down — Nick Santiago 8-14-23 #516
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1.It's that time of the month again! This Friday is options expiration for the month of August. As always, expect the unexpected this week. As long as the volume is light the institutional crowd will move the popular stock prices away from where the small retail options traders have placed their bets. It is also a week of ridiculous upgrades and do…
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1. Fitch Ratings downgraded the sovereign rating of the U.S. to AA+ from AAA. The agency cited repeated standoffs over the debt ceiling, high and growing general debt burden, and the reluctance to address entitlement spending for the downgrade. I agree with them for all the reasons mentioned. 2. This news is certainly putting pressure on the market…
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Huge Week for Markets -- Nick Santiago 7-31-23 #514
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1.This is a huge week ahead for the markets. Later on August 3rd, we got earnings from AAPL and AMZN. This is the last of the mega-cap tech stocks scheduled to report earnings, but many other names will continue to report for the next 2 weeks. Then on Friday we have the non-farm payroll report, for July. This report is closely watched by every mark…
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House of Cards Rally — Nick Santiago 7-28-23 #513
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1.This morning, we got the highly anticipated PCE number. Apparently it was slightly better than expected. This number is supposedly the Feds favorite inflation indicator. At the moment, the markets are higher and rallying after a reversal sell off yesterday. Yesterday was interesting because the markets reversed downward after news was released th…
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1. It's Fed Day. The FOMC will make its interest rate decision for the US at 2pm ET. The Fed is expected to raise rates by 25 bps to 5.25-5.50%. Many investors are expecting this to be the last rate hike, but I'm not sure that will be the case. As you all know by now, the 2-year note rate will determine when the Fed is done. Currently the 2-yr yiel…
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Another Quiet Summer Monday — Nick Santiago 7-24-23 #511
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1. The major indexes are starting out the day with a minor rally. Generally, Monday trading sessions in the summer are usually light volume buoyant days. That looks to be what we have today. 2. This coming Wednesday is the highly anticipated FOMC rate decision. This time around it looks as if the Fed will raise rates by 25 basis points. This hike i…
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Dollar Recovering — Nick Santiago 7-19-23 #510
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1. Earnings are starting to pour in. So far, the financial stocks have held up well after reporting and that has certainly helped the rally. Tonight we get earnings from TSLA, NFLX and IBM. 2. This Friday is the option's expiration for July. As most of the listeners know by now, this is a week of institutional game playing. When you combine options…
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