First, don’t miss today’s Daily Chart Setup trade idea down lower in this newsletter.
Tariff day came and went. The fallout will continue. AI was the hot trade for a good bit of time, but how much has it penetrated US business? Come join me as we dive in and see what’s moving!
Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live premarket analysis on SPX, SPY, NDX, QQQ, Russell, IWM and other stocks that are potential plays for the day. — — — Tariffs, Tesla’s Wild Ride and the Power of Bitcoin’s Opening Move It’s been an interesting week in the markets — a mix of crypto signals, tariff chatter and Tesla news is keeping everyone on their toes. Let’s break down what’s happening and what it might mean for the days ahead. Bitcoin’s Green Streak and Market Ties Bitcoin’s performance has been intriguing lately. Historically, I’ve noticed a pattern: When Bitcoin is green at the open, the broader market often follows suit.
It’s not foolproof, of course, but it’s been a pretty consistent indicator during bullish crypto periods. However, when the market hit its low in 2022, this correlation broke down and didn’t pick back up until we started climbing out of that trough.
This kind of pattern is something I track in the background — not perfect, but it’s another tool in the toolbox. If both Bitcoin and Ethereum align, we might see some significant movement in the crypto space. Tariffs and Tesla On the macro side, tariffs are back in the spotlight. There’s been a lot of bearish sentiment around the latest tariff news, but I think the market might be overreacting.
It’s a classic case of “sell the rumor,” and we’ve seen this play out before.
Often, when the dust settles, the actual impact isn’t as severe as feared. President Trump’s press conference on tariffs late Wednesday should provide some clarity moving forward.
Tesla (TSLA) also made waves by releasing its production numbers early, which is unusual. Historically, they’ve waited until later in the day. The numbers weren’t as strong as some had hoped and the stock sold off early on…
News then broke that Musk’s stint leading DOGE is coming to an end soon. Wall Street loved that move as shares went from down 5.2% to up 5.5% at the close — on BIG volume too, about 144% of the daily average.
Of course, Musk later refuted that report, so who knows what’s coming next…  What’s Next?
Whether it’s crypto, tariffs or Tesla, the next moves depend on how these stories unfold. For now, I’m watching key levels closely and staying flexible. There’s opportunity out there, but it’s a time to be cautious and strategic.
We’ll see how stocks open up today and go from there — be sure and join me at 9:15 a.m. for “Morning Monster,” when we’ll see how the market’s digesting the latest news.
As always, keep your alerts set and your eyes on the charts. The market has a way of surprising us when we least expect it.
I’m also live at 5 p.m. ET on Tuesdays for “30 Minutes of Awesome” — bring your ticker and I’ll analyze it in real time!
And be sure to hit that Subscribe button on my YouTube page! _____________________________________________________ 85 Winners… ZERO Losers
If you’ve been a trader for a while now, you know the game — top traders at Wall Street design things to benefit themselves the most.
And the formula they created to evaluate prices does exactly that…
You see, they’ve been using it to stay ahead of us for the past five decades – squeezing every last drop of advantage from regular traders like us.
So It’s no surprise we only hear about a stock’s big move after the insiders have already cashed in.
But here’s the thing…
Even the best models have flaws — and this formula is no exception.
What these top traders don’t realize is that this formula often glitches on a specific asset — giving us the chance to grab our fair share of returns…
In fact, just by spotting these glitches, I’ve shown my group of traders how to capitalize on them…
As you read this, we’ve pulled in 85 wins in 85 trades! Of course, no one can promise future wins or shield against losses…
But if you'd like to see how we're targeting what could be the 86th win just by leveraging this glitch on one overlooked ticker...
The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. From 6/28/22 to 3/25/25 the win rate is 100% over 84 published alerts. The average return is 7.25% with an average hold of 13 days. _____________________________________________________ Today’s Daily Chart Setup: First Trust Capital Strength (FTCS)
 This idea came directly from my Daily Chart Setup that automatically signals potential plays. - FTCS is a new potential entry. Target: 92.84 Stop below: 85.78
- FTCS has a historical win rate of 91.67%
- FTCS has a profit factor of 6.482
- FTCS trades last 36 trading days on average over 12 trades since 2015.
See the secret behind these signals here!
This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results. How the Daily Chart Setup Works Here’s a more detailed description of how the pattern triggers:
1. The price breaks upward through the orange Market Roadmap line.
2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months.
3. Once it touches the line and starts moving back up, that signals an entry.
I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years!
You can grab my Market Roadmap Indicator here for just $5 — less than a cup of coffee at most places! Jeffry Turnmire
Jeffry Turnmire Trading
I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday!
Please check out my channel and hit that Subscribe button!
I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader.
I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me. *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. |
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