The Market Is a Story of “Big Tech vs the S&P 500”

Daily Video Newsletter Friday, June 14, 2024       Wall Street Hates This Nice Guy from Utah It's not because of his attitude - he's a friendly, humble dude. No, Wall Street has it in for him because his year-to-date returns have crushed and humiliated some of the best money managers on the Street… to the tune of 100% better performance. He'll show you how anyone can do it…     The Market Is a Story of "Big Tech vs the S&P 500" By Don Kaufman   Just a few minutes before the close this afternoon, the SPX was grinding right up against its expected move - a level we called days ago.   So, no surprise there.    The upside "grind" isn't really the big story here. The thing that's got my attention is divergence. It just keeps on widening.    Tech is leaving the broader market behind - post-NVDA split, too.  And as I've said before, divergence usually ends in volatility.    You better believe we're talking about that tonight - we're going to look at SKEW, the VVIX, the greenback and, just because we don't have enough on our plates with all this @#$%, the looming return of the Triple Witch.   Let's go…         ICYMI: Today's TheoTrade Live Session Was Incredible Blake Young and Brandon Chapman started us off at 8:45 AM Eastern. It was all on the table: stocks to buy (and get rid of), actionable trading ideas, and all the macro stories you need to know - including a couple you won't hear about in the American press.    Click here to check out the show…    ================================================   This Grand Slam-Winning Pro Can Teach Us a Lot About Trading Tennis legend Roger Federer gave the commencement address at Dartmouth earlier this week… and it was dynamite.    I want to share part of his speech with you because I think it has some important lessons that can make us all better investors. When it comes to being great at anything, be it tennis or trading, the importance of the mental component can't be overstated. There's a big difference between simply going through the motions and actively trading "in the zone."    The last thing you want to be is a trader that responds to every headline and price swing in the market. So, what you need to ask yourself is this: Do you want to be right? Or do you want to make money? Because in markets, there's a huge difference. Before I explain, let's hear right from Federer…           Recent Media Appearances by TheoTrade   Jeff Bierman talks A.I. with YahooFinance LIVE Click here to watch and read the interview >>>   Follow Us on Twitter for Free Market Updates Throughout the Day: https://twitter.com/TheoTrade   NEW MEDIA CHANNEL - JOIN TheoTRADE on RUMBLE TheoTrade Rumble Channel     NEED HELP? LOOKING FOR MORE ADVANCED TRAINING? CALL OUR VIP CONCIERGE SUPPORT TEAM: (623) 244-5657   For live updates throughout the week join the TotalTheo® Unlimited Monthly Streaming: https://theotrade.com/all/   Get 6 Months Membership Access for FREE Click Here to Open and Fund a NEW tastytrade Account   Follow these step by step directions:   1.  To open an account with tastytrade and enjoy an additional 6 months of TheoTRADE membership, start by clicking the button below..         2. 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