Happy New Year!

14 months ago, it seemed daunting, to say the least.  The investment research business is overrun these days – a cacophony of “gurus” and “experts” yelling at you from your email inbox every day that they’ve got your wealth-building secret ready for you – just a click (and a few hundred dollars in subscription fees) […]

Bank 208% in Six Weeks and 99% in Three Hours

Diary of a Winning Trade Oftentimes, while telling tales around the campfire and drinking scotch old enough to drink itself, someone will ask, “Hammer, how do you know what to trade?”  I’m here to tell you, it is both a complicated question and a simple one. It is complicated because every trade is different in […]

Things We Have But Don't Want

I hope you all had a great holiday! This year, Santa brought me exactly what I didn’t want … COVID! I’d gone asymptomatic up until now. COVID got its revenge. I basically slept all weekend and most of Christmas Day. Which honestly wouldn’t have been so bad except for the jumping from chills to sweats […]

Buy the Hate During Tax Loss Selling Season

Here it is – the end of the year.  All the gifts have been given and the good ones broken.  The wrapping paper is in the trash and the leftover turkey is jammed into the fridge waiting patiently to be consumed. Now, like all normal people, your holiday thoughts turn to maximizing your tax loss […]

My Predictions are Already Working

This is the last exciting, actionable letter you’ll get from us before Christmas. And that’s  probably a good thing considering the amount of information we’ve thrown at you this week. I hit you with 3,600 words recapping 2023 and detailing my Predictions for 2024. And then the newest member of the Pro Trader Today team […]

Five Bold Predictions for 2024

Five Bold Predictions for 2024 Oil Prices will Be Flat Oil production in the U.S. is hitting records over 13 million barrels a day.  At the same time Brazil, Guyana, Canada and Norway are also increasing production. Unless there is an escalation of war in the Middle East or China invades Taiwan, oil prices should […]

2024 Market Predictions Part II

Predictions 2024 Like a college student cramming for exams, we at Pro Trader Today are squeezing a year’s worth of insight into this week’s articles. And it’s not just me. A great friend and 25-year colleague (who also happens to be the smartest investor I know) is joining us at Pro Trader Today. Christian DeHaemer […]

2023 predictions: How Did I Do?

The Past is Prologue Hello Pro Traders, Allow me to introduce myself, my name is Christian DeHaemer.  I’ve been writing about Wall Street and making money on stocks for over 25 years.  I’ve written thousands of articles, millions of words, co-authored a couple of books and traded countless stocks over the years.   I’ve survived and […]

2024 Market Predictions, Part I

  Last year, I just didn’t do it. My friend and colleague of 25 years – Dave Roberts – and I were bootstrapping the first iteration of Pro Trader Today, and I don’t know, I just didn’t commit my stock market predictions for 2023 to paper… Probably just as well, not many investment gurus got […]

The Case for Small Caps

It’s difficult to express how much of a shocker the Fed’s statement on Wednesday afternoon was. Of course nobody was expecting a rate hike. At the same time, nobody was expecting the Fed to announce interest rate cuts, either… I expected that we’d be picking through the Fed’s choice of words about inflation and the […]

Vulture Capitalism and the Fed

It’s rant time! Because on Monday, a couple of private equity companies announced their intention to take Macy’s (NYSE: M) private. You know, to help it.  We all know the private equity playbook. Buy a struggling company, sell some assets, fire a bunch of people and call it synergy or productivity or whatever, create a […]

The Everything Rally

On Friday, we talked a little about what to expect from stocks for the rest of the year, and into January. I’m gonna reprint most of it so I don’t have to repeat anything: The S&P 500 is consolidating that November rally just below new yearly highs. That’s a pretty strong showing, because it’s totally […]