| | | | Are US Treasury Bonds Safe or a Ticking Time Bomb?
First, don’t miss today’s Daily Chart Setup trade idea down lower in this newsletter.
The biggest false assumption in the markets might be that U.S. Treasury bonds are a safe investment that doesn't lose value. But what if that turns out to be a falsehood?
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.
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Nike Just Do It: The Breakout That Could Run for Years
Nike (NKE) just delivered the kind of breakout that changes the game...
The stock exploded 15% higher on Friday, closing with its best single-day gain since 1980 — and doing it right through a key technical resistance level.
This is a move I’ve been pointing to for a few months now, with the chart showing signs of a major bottom and a setup that could fuel a long-term trend reversal.
This wasn’t some random pop. The move confirmed what was already in play: a massive three-wave correction down from the highs followed by a clean reversal through the Market Roadmap line. That’s the moment where things change — and when a stock finally flips the script.
We’ve seen this kind of action before. Big retrace, long consolidation, then lift-off. If this breakout holds, the upside could stretch for months, if not years.
A Long-Term Bottom in Place
The pattern is clear: a major top, a deep pullback, and now a decisive breakout. This doesn’t mean we won’t get pullbacks — we absolutely will, especially when there’s broader pressure on the indexes — but the key level has already been tested and held.
This was likely the low.
Now we’re seeing clean follow-through, and the measured move potential could take NKE back toward the high $300s over time. It won’t be a straight line — nothing ever is — but the structure is there. Nike is still a dominant global brand, and the market may finally be ready to reward it again.
A Setup That Could Keep Running
It’s not just about the bounce. It’s the broader backdrop. This chart looks like a complete reset — one that often leads to multiyear upside.
Could it stall out or retrace a bit first? Sure. But this kind of move, through a major line in the sand, shifts the balance of power back to the bulls. And when the big players see confirmation like this, they tend to pile in.
We may look back at Friday’s move as the moment Nike started a whole new chapter — not just a short-term trade, but a true trend reversal.
The breakout is real. The pattern is real. And if it keeps going, the upside could be much bigger than most people expect.
Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube!
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