Nvidia Is Going to $1,200
JR Romero made waves when he predicted Nvidia (NVDA) would go from $123 to $200. But he was right. His new target is $1,200. Before you get excited, it will take years. But it will happen, as JR argues in this video: JR goes over: Why “Markets In Turmoil” headlines are silly (we acknowledge the irony here, given the thumbnail above) Why AI is NOT in a bubble What’s been dragging the market down Where he wants to back up the truck in Bitcoin, Ethereum, and MicroStrategy (MSTR) The reason a market pullback is healthy What Nvidia CEO Jensen Huang should do differently The bizarre psychology of being a long-term stock market bear And MORE!
Continue Reading -->This Biotech Stock Looks Like Dynamite
In this swing trading watchlist video, JR Romero shares his top ideas right now, including a biotech stock that looks like “a stick of dynamite” JR also shares: Why he is so bullish on biotech stocks as a whole A utility name on the verge of a massive breakout A giant pharma name that JR can’t believe he likes An oil tanker shipping name that looks ready to rally big Why a gold mining name could be headed to new all-time highs. JR also has a fun discussion with Sami Abusaad about the prospects for gold following its parabolic move.
Continue Reading -->The Strange Sign That We Topped Out
Did the market top out? Sami Abusaad believes the charts say yes. Sami goes over: The strange clue that Bitcoin just left traders Why the charts indicate more downside ahead Why Friday’s low are so important The power of Village Farms International’s (VFF) beautiful monthly chart His short list, which has multiple excellent opportunities The reason he changes his mind on Disney (DIS) The coming weakness in Duolingo (DUOL) And MORE!
Continue Reading -->The New Ugliest Chart in the World (Sorry Oracle)
We closed out another fun week in the markets so it’s time to look ahead with the 10 things you need to know, starting with… 1. Oracle May No Longer Have the Ugliest Chart in the World Last week, I said “Oracle Has the Ugliest Chart in the World” and it got uglier this week before a Friday stick-save. As of Frida morning, Oracle had dropped 39% from its post-earnings high: BUT… Oracle staged a powerful rally on Friday to end the day green. Trend change? Who knows. But for now, Oracle no longer has the ugliest chart in the world. Full disclosure: I went long Oracle (ORCL) calls Thursday and got out the same day for a loss. So I completely missed the Friday rebound. My bottom-fishing grade for the week is an F-. 2. But Oracle Has Competition… The major indices are just a few percentage points off their all-time highs, thanks to stability in the banks plus a few select index superheavyweights like Apple (AAPL). But below the surface, things are quite nasty, especially for super-speculative growth stocks. We’ve extensively covered the boom in low revenue, high valuation stocks like Oklo (OKLO) and IonQ (IONQ). They are no longer flying high. Many of these names have fallen more than 50% from their highs, like: Bitmine Immersion Technologies (BMNR): -78% Trump Media & Technology Group (DJT): -73% Rigetti Computing (RGTI): -59% D-Wave Quantum (QBTS): -53% Oklo (OKLO): -49% Pony AI (PONY): -47% IONQ (IONQ): -47% So based on these numbers… BMNR is the ugliest of them all: 3. Expect an Assault on Tom Lee, Owner of the Ugliest Chart in the World The media loves to build up heroes and then tear them down. It happened from 2000 to 2022 with Ark Invest’s Cathie Wood, who heads up the iconic ARKK ETF. The knives are about to come out for Fundstrat’s Tom Lee, who has been the biggest public face of this equity and crypto bull market. Lee is Chairman of crypto treasury name Bitmine Immersion Technologies (BMNR), which is cratering: If this bull market is indeed done, Tom Lee will be the #1 scapegoat for people taking too much risk. 4. Remember Microstrategy Crypto currencies like Bitcoin and Ethereum have also been taken to the woodshed. One of the biggest stories of the week was Bitcoin breaking the $100,000 mark with authority. And as you’d expect, related equities got smashed. We took a 3-year lookback at Bitcoin vs. the artist formerly known as MicroStrategy – Michael Saylor’s Strategy (MSTR): MicroStrategy, I mean Strategy, used to trade at a massive premium to its underlying Bitcoin holdings. And as such, Strategy has been playing massive downside catch-up to Bitcoin itself. No mas. The love story is over. 5. Fed, Schmed When Fed Chair Jerome Powell said a December rate cut is not guaranteed, the dovish mood soured fast. Now the CME’s FedWatch tool is pricing in a mere 43.6% chance of a December rate cut. That’s down from 66.9% last week, and 94.4% a month ago. So if you’ve wondered why rate-sensitive speculative stocks have been slapped around, this is it. 6. Biotech and Health Care Have RULED Biotech and Health Care have lagged the major indices for years. As traders and investors rotated out of tech and high-growth names, biotech and health care have shined in Q4: Biotech (XBI) is up 16% while Health Care (XLV) popped 12%. While SPY is barely green. So Jim Cramer was right. There really is always a bull market somewhere. 7. Sentiment Has Shifted Bearish The latest AAII Sentiment Survey shows that 31.6% of investors are bullish on stocks for the next 6 months. This is well below the long-term average of 37.5%. Meanwhile, bearish sentiment is at 49.1%. Investors have not been this bearish since September 10. And it makes sense, with all the meltdowns we’re seeing. If things stay weak, sentiment still has plenty of room to deteriorate further. 8. The VIX Is Nowhere Near Extreme The VIX is up in reaction to the rise in volatility. But it’s nowhere near extreme, like in April when we had the big post-Liberation Day tariff meltdown. And the VIX isn’t even close to the peak in mid-October, when regional bank worries were at the forefront: 9. Apple Is Made of Steel As noted above, Apple’s (AAPL) shocking stability has helped keep the indices elevated. It’s the only Mag 7 stock that’s positive in November: But why? Well, we’re past what was a pretty strong earnings report. And AI names have been getting trashed. So Apple’s supposed failure in AI is now a benefit. By the way, Apple is an AI superpower. Because people can download apps onto their Apple devices. And voilà! Meanwhile, try telling your kids they have to switch to Android. And see how fast they cry. 10. If Your Account Is Small, Try Options If your account is on the small side and you’re looking to build up to a bigger stake, it’s time to consider options. David Prince of the Inner Circle VTF® explains why:
Continue Reading -->David Prince Explains the Importance of Trading Beyond the Charts
Inner Circle’s David Prince uses a lot more than charts in his trading plan. He explains the other fundamentals he’s focused on when putting together a full picture for a trade: David covers: The importance of understanding the current market climate How to know how aggressive you can be What to do when the “wind is at your back” The mistake traders make with charts How to know when to size up or down Apply to join the Inner Circle VTF® and work with David here.
Continue Reading -->This Oil Stock Can Rally 100%+
In this swing trading watchlist video, JR Romero shares a Texas-based oil & gas stock with the potential to rally by over 100%. Based on its powerful weekly base, this stock can go from $42 to $80+ if JR is correct. JR also explains: Why it’s not too late to get in UnitedHealth (UNH) Why he is keeping his Caterpillar (CAT) target price intact How IPO base breakouts keep driving profits in this environment The reason he went long Charles (SCHW) The brokerage name that made him say “Mama Mia!” – it’s NOT Robinhood (HOOD) Wayfair’s (W) huge upside potential from a Chain deal And MORE!
Continue Reading -->The Nasty Gaps Look Good
The market bounced hard on Friday. But is the bull back? On Sunday night, Sami explained the easy way to tell, before Monday’s big rally. Sami goes over: How the bulls can take back control (which did happen, making Sami’s analysis even more important) His favorite long ideas right now Several names with big gaps down that look bullish A solar name that looks ready to shine (sorry for this pun) An ecommerce stock with a beautiful daily chart setup 4 short setups that look great today And MORE!
Continue Reading -->The Ugliest Chart in the World
We closed out another fun week in the markets so it’s time to look ahead with the 10 things you need to know, starting with… 1. Oracle Has the Ugliest Chart in the World Oracle (ORCL) did all the right stuff. They had big earnings. Raised guidance. Announced a massive deal with OpenAI. But after all that positivity, the stock put in a slow-motion “sell the news” decline that erased that massive September earnings gap: The stock is now 32% off the highs, make this the ugliest chart in the world right now. Meanwhile, CDS just hit 2-year highs. Why? The market is starting to wonder how OpenAI can spend hundreds of billions of dollars on infrastructure. Speaking of ugly 2. SPX Breaks the 50 Day Today, the S&P 500 Index fell below the 50 day moving average for the first time since April. Why? Well, aside from normal profit-taking after a monster rally, we’ve got a shut down government, falling odds of a December rate cut (more on this below), weak consumer sentiment, and real questions about the sustainability of the AI boom. The party can’t go on forever. 3. No 100% Rate Cut Guarantee for You Fed Chair Powell said a December rate cut is not guaranteed. And now the CME’s FedWatch Tool is pricing in a 72.2% probability of another easing: This is down from 82% a month ago. The result: pressure on rate sensitive sectors like speculative small caps and homebuilders. 4. Earnings Season Has Been Pretty Good This earnings season has had its fair share of messes (we’ll get to this in a minute), but the numbers look good overall. According to FactSet, 83% of S&P 500 companies have beaten earnings estimates, and 79% have beaten revenue estimates. And overall earnings growth is tracking at 10.7%, beating the 7.9% expected back on September 30. Sector-wise, the financials have been the biggest contributor to increase in growth, with big boys like Morgan Stanley (MS) and Capital One (COF) dropping huge beats. 5. The Collapse in Basic Luxury DoorDash (DASH) was a monster stock until it tanked on Wednesday after an earnings miss. And this fits a notable trend in weak earnings for consumer stocks offering “basic luxuries” like: Starbucks (SBUX) – expensive fancy coffee Lululemon (LULU) – expensive yoga pants Chipotle (CMG) & Cava (CAVA) & SweetGreen (SG) – expensive slop bowls This ain’t pretty: 6. Sentiment Is Mixed Up The AAII Sentiment Survey shows that 38.0% of investors are bullish. This is down from 44.0% last week. And it’s basically in-line with the long-term average of 38.5%. On balance, this is positive. Because with the market feeling like it’s on right on the edge of falling, it’s good to see doubt. And on a related note, the CNN Fear & Greed Index is at 14, reading Extreme Fear. That’s more a product of how F&G is calculated, and doesn’t necessarily mean the market is freaked out. We can all agree people are cautious at best. 7. Sydney Sweeney Is Still Winning American Eagle Outfitters (AEO) got a monster boost from its “Great Jeans” ad campaign in August. The obvious question to ask was “will this last?” And so far, the answer is YES. AEO popped when the campaign was released, then had a monster short squeeze after earnings. It looked like it was filling the gap, but it’s since rebounded. AEO stock is now up 57% from when it announced the campaign. Hopefully, Ms. Sweeney was paid in stock! 8. Cracker Barrel Is Still Losing Since we’re on the topic of culture wars, let’s take a fresh look at restaurant chain Cracker Barrel (CBRL), which enraged its customers by unveiling a new menu and logo in August. The company reversed course and brought back the old stuff, but that hasn’t helped: This might be uglier than Oracle! 9. Apple Is the King Safety Play Remember when Apple (AAPL) was viewed as a tech laggard because it was behind in AI? Well, as I might remind you, you can download any number of AI apps like ChatGPT, Grok, Perplexity, etc. to your Apple devices. BOOM! You have AI on your iPhone. And again, I suggest telling your kids “Apple is behind in AI, so we’re taking away your iPhone and giving you an Android phone.” See how fast you get slapped in the face. And if you look at the past 3 months, Apple has been crushing the QQQ’s: And yes, it’s good that Apple is working with Google to bring AI features to Siri. But what matters for Apple is that the average person has no reason to leave the ecosystem. And no matter how many negative news stories get planted, iPhones just keep on selling. That makes Apple the King Safety Play. 10. How to Trade Like a Red-Blooded American JR Romero came to America with nothing. Then he made and lost MILLIONS of dollars in the dot-com crash. Now he’s a full-time pro trader who also runs 2 amazing trading rooms. This is your chance to learn the secrets and mindset behind his success. Want all his ideas AND 3 months of Koyfin software? GO HERE. But first, watch the interview:
Continue Reading -->David Prince’s Current Watchlist
Inner Circle’s David Prince believes this is a stock picker’s market. He goes over his current watchlist and what trades he’s looking to execute on in this environment: David also covers: Whether the AI trading theme is fading on Wall Street What he thinks will be the next big theme for markets What could happen to Tesla (TSLA) following the vote on Musk’s pay package Whether seasonality matters right now And more! Apply to join the Inner Circle VTF® and work with David here.
Continue Reading -->10 Trading Lessons from JR Romero
JR Romero joined the T3 Alpha Show podcast to talk immigrant mentality, the wild ups and downs of trading, and why he DOES NOT consider himself a technical analyst. These are the 10 things we learned from him: 1. Work Is Freedom JR Romero came to America searching for one thing: a fair shot. “In my country, you could work as hard as you wanted and it meant nothing if you weren’t connected. Here, I could start a business, make money, and nobody stopped me.” He sees the U.S. as “the greatest experiment in liberty, creativity, and innovation.” The immigrant mentality still drives him: work hard, think big, and never take a new opportunity for granted. Takeaway: Whether you’re trading or building a small business, effort is the one thing you control. Freedom isn’t given. It’s earned through good old-fashioned hard work. 2. Love Winning, But Respect Losing JR is 100% addicted to the rush of achievement. But he also says nearly half of his ventures have failed. “Most businesses I’ve started failed. But it was always a thrill. That’s life.” He treats every setback as tuition. Losing is part of the game. You have to choose to learn and get better. Takeaway: Treat failure like feedback. Every loss teaches you something about your process, discipline, or emotion. But it’s up to you to learn. 3. Trade Like a Merchant, Not a Magician JR doesn’t consider himself a chart guy or classic technical analysis expert. He calls himself a merchant. “Trading is haggling over price all day long. You’re finding where supply and demand meet, like selling rugs in a bazaar.” Indicators are like measuring tape. True traders think in terms of people and price. Your job is to sense when the crowd is fearful or euphoric, and act like a business owner, not a gambler. Takeaway: You’re not fighting the market. You’re negotiating with it as you observe the competition. Approach every setup like a business transaction, not a magic trick. 4. Empathize with the Other Side JR’s trading success comes from emotional intelligence. It’s about empathy, not brainpower. He constantly imagines what other traders are feeling: Who’s trapped? Who’s panicking? Who’s greedy? “We know where the stops are. We know when people feel fear or ecstasy. You have to think like the person on the other side of the trade.” By understanding the crowd’s emotional state, he finds turning points before the charts show them. Takeaway: The market isn’t math. It’s a massive real-time study in human behavior that is measured in dollars. Learn the crowd’s psychology and you’ll spot moneymaking opportunities faster. 5. Marry the Narrative with the Numbers JR rejects the idea that traders must choose between technicals and fundamentals. “There are purists who only look at charts. That’s silly. You need to understand what institutions are thinking, and sometimes that comes from fundamentals.” He combines stories with setups. When Caterpillar (CAT) stock surged, he tied it to infrastructure spending trends — a narrative confirmed by price action. Takeaway: The best trades align story, sentiment, and structure. Use charts to time entries, but let real-world context guide conviction. 6. Cowboy Up Because Your Life Depends on It After losing millions in the 2000 dot.com bust, JR borrowed $75,000 to restart his trading career. TWICE. “You better cowboy up,” he told himself. He worked fourteen-hour days selling Internet services until he could fund his first company, and eventually, his trading career. Takeaway: Real success demands full immersion. Part-time effort leads to part-time results. Decide what you want, and burn the boats behind you. 7. Forget Your Trading Batting Average and Focus on Efficiency Many traders obsess over win rate. JR’s not worried about whether he’s making money on 40% of his trades or 90%. “You can be right 80 percent of the time and still lose money if you manage trades poorly.” He focuses on trading efficiency, which means cutting losers fast and pressing winners. He also emphasizes expected value, weighting every setup by probability and reward. Takeaway: Success isn’t about being right. It’s about staying right long enough to get paid. 8. Your Passion Should Be Your Work and Your Work Should Be Your Passion When JR reads Tesla’s (TSLA) price action, he says it’s like watching a movie: “You get comedy, tragedy, intrigue, and action all inside a few five-minute bars.” If studying markets doesn’t fascinate you, you’ll never last. The best traders feel addicted. And not just because of greed. They love the game and can’t stay away, even if they want to! Takeaway: The market rewards obsession. If you don’t find joy in analysis and execution, find another field before it breaks you. 9. Human Nature Never Changes Algorithms and HFTs may dominate headlines, but JR insists they’re still run by humans. And often badly. “Most HFTs lose money. They misread news all the time. They’re a never-ending opportunity machine.” He’s convinced that greed and fear remain the true market engines, and that traders who understand human bias will always have an edge. Takeaway: Technology changes, but emotion doesn’t. Study people more than programs. 10. Stay Curious About Everything JR reads constantly: history, art, psychology, economics and more. He believes a broad sense of curiosity will sharpen your trading instincts. “Trading is the ultimate social experiment. You’re watching human virtue, greed, and fear play out in real time.” He connects dots across disciplines—understanding how culture, politics, and innovation shape sentiment and price. Takeaway: Great traders think beyond tickers. Read widely, live fully, and keep expanding the mental map that helps you anticipate change. Final Thoughts JR Romero’s story is about more than trading. It’s about belief, resilience, and curiosity. The qualities that turn chaos into opportunity. He’s living proof that you can start with nothing, lose everything more than once, and still build a life defined by freedom and purpose.
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