TheoTrade Daily: How to Play This Rally Carefully

Thursday, May 8, 2025

I Doubled My Win Rate Last Quarter - Here's How
I don't do "systems," I don't do "complex" - I trade one ticker with one strategy with one goal: To try and pocket $620 in gains by lunchtime. The Golden Setup worked great before, but I've tweaked my approach to turbocharge my profit potential. As promised, here's how…

Not So Fast - Why I'm Still Cautious Despite Market Optimism
by Blake Young

The market's flashing signs of life, and it has been for a few sessions now, but I'm not pushing all my chips in just yet.

Yes, the S&P 500 gave us a Bollinger Band breakout, and sectors like industrials and financials are leading the charge. Financials, as tracked by the Financial Select Sector SPDR ETF (XLF) broke through resistance, hinting at early strength, while the Industrial Select Sector SPDR ETF (XLI) cleared multi-month highs.

I'm looking at some other very bullish setups - including some big stocks - that hint at an early recovery, too.

But I can't deny the broader picture doesn't fully support the bullish narrative. A trade deal with China is still in science-fiction territory, and more concretely, copper is flat, gold has pulled back, and crude oil remains in bearish territory.

Let's ignore what we'd like to see and look at what the technicals are actually telling us. We'll let those guide our strategic trades.

The Market's No. 1 Trading Guide, Free

This is the perfect time to make sure you're up to speed on your trading know-how. So I want to ensure you've read our free Rebel's Guide to Trading Options - it covers all the basics of trading options. Like everything we do, the course is in plain English. It's specially geared toward beginners but all traders will get something out of it. Yours absolutely free, of course - right here…

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. Follow the directions on that page to open a new account.

3. Fund the account with a minimum of $2,000 in the next 30 days and keep open for at least 6 months.

4. IMPORTANT: After the new account is open AND funded email support@theotrade.com so we can verify your new account. Please note it may take us up to one week to verify your account from the time you email us.

5. TheoTrade will then provide you membership access for 6 months!

Click here to get started now...

NEED HELP? LOOKING FOR MORE ADVANCED TRAINING? CALL OUR VIP CONCIERGE TEAM: (623) 244-5657

Warm regards,

Don Kaufman

Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, registered investment adviser, registered broker-dealer or FINRA|SIPC|NFA-member firm. TheoTrade does not provide investment or financial advice or make investment recommendations. TheoTrade is not in the business of transacting trades, nor does TheoTrade agree to direct your brokerage accounts or give trading advice tailored to your particular situation. Nothing contained in our content constitutes a solicitation, recommendation, promotion, or endorsement of any particular security, other investment product, transaction or investment. Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past Performance is not necessarily indicative of future results.