266 episodes

Master Trader Nick Santiago has been been beating the markets for over two decades. During this time he has racked up an impressive number of profitable trades. Nick called the stock exact day of the market peak in 2007 and called the 2009 market bottom within one week, profiting handsomely in the process. Nick hasn't rested on his laurels either. In the latest market turmoil of 2020, Nick has been earning record profits during a time where most investors are losing their shirts.

Now Nick shares his market insights and experience with his daily doses of wisdom and common sense, which as always is a rarity on Wall Street.

Daily Market Wisdom with Nick Santiago Kerry Lutz

    • Business
    • 4.6 • 9 Ratings

Master Trader Nick Santiago has been been beating the markets for over two decades. During this time he has racked up an impressive number of profitable trades. Nick called the stock exact day of the market peak in 2007 and called the 2009 market bottom within one week, profiting handsomely in the process. Nick hasn't rested on his laurels either. In the latest market turmoil of 2020, Nick has been earning record profits during a time where most investors are losing their shirts.

Now Nick shares his market insights and experience with his daily doses of wisdom and common sense, which as always is a rarity on Wall Street.

    Quite A Week And It’s Only Tuesday - Nick Santiago 5-11-21 #264

    Quite A Week And It’s Only Tuesday - Nick Santiago 5-11-21 #264

    1. By the closing bell Monday, all of the major indexes finished sharply negative. Even the Dow Jones Industrial Average (DIA) rolled over after being positive earlier in the session. This is what we call a reversal day for the DJIA. The tech heavy NASDAQ Composite was down 2.5% along with the Russell 2000 Index.

    This morning, the major stock indexes all gapped down lower to start the day, but they have bounced off of the morning low at the open. Right now it looks like traders are buying the dip, but it's a long day and a lot can happen by the closing bell.

    There is actually some early strength in the steel stocks so far. I'll be watching this industry group closely today.  

    2. Gold/Silver gold performed well after a weak start. Finished up a point. Gold miners were down at the open but finished positive on the day. Silver had an up day, plus 1%. A good day all around.

    • 4 min
    Buy Dogecoin? Danger Will Robinson - Nick Santiago 5-10-21 #263

    Buy Dogecoin? Danger Will Robinson - Nick Santiago 5-10-21 #263

    1. Today is a much more subdued trading session after yesterday's wild action. yesterday, the market came roaring back into the closing bell. The Dow Jones Industrial Average (DJIA) actually finished positive by the close. Today, we are back to a much lighter volume session, so it will be important to see the charts by the close.  

    2. Now this should be the talk of town right now. Yesterday, news was released that Treasury Secretary Janet Yellen said that rates might need to rise to keep the economy from overheating. Last night, she walked back that comment when speaking to the Wall Street Journal CEO Council Summit. She said, “so let me be clear: That’s not something I’m predicting or recommending.”  

    This should tell every investor that the central bank knows it's the only game in town keeping these markets up right now.  

    3. Dogecoin fiasco it was obviously a coordinated hit job on Elon Musk. How else do a hit job on the world’s second richest man? No self-respectiing crypto “investor” would ever sell because of a joke on a lame show.

    4. Gold/Silver Still going up. Nick closed IAU options position. We’re at criticial resistance. Once we go above, then it’s off to the races. It all started in late March off “W”.

    • 8 min
    Bad News is Good News - Nick Santiago 5-7-21 #262

    Bad News is Good News - Nick Santiago 5-7-21 #262

    1. The highly anticipated non-farm payroll report was released this morning. It reported just 266,000 new jobs. The expectations were for over 1 million jobs. So this was a really bad and weak number. The crazy thing is that it is positive for stocks at this time. Hence, we have a rally out here today. 

    2. You see, the market only cares about the easy money from the central bankers. If the job number was really strong that could cause the Fed to raise rates and try to stop the market from overheating. This weak job number keeps the Fed in play as they have a mandate for full employment. The stock market loves it and wants more. The trillion dollar babies aren’t making new highs. Apple has been lagging.

    3. Gold/Silver still some work to do before new highs. Gold is up dramatically and is looking 1856, the 200 day moving average and once we clear that, 2020 high is next. Nice inverse head and sholder on gold futures. Target 1880. Gold turned its trend up in the “W” pattern and it has played extremely strongly. Copper hits new all time high.

    • 11 min
    Transitory Inflation My Ass - Nick Santiago 5-6-21 #261

    Transitory Inflation My Ass - Nick Santiago 5-6-21 #261

    1. Yesterday's stock market close was weak again. This weakness occurred despite the light volume session. Technology stocks struggled and the small cap Russell 2000 Index (IWM) showed weakness as well. The Dow Jones Industrial Average (DIA) was where the strength was and continues to be. As I've said before, I never like when the Dow Jones Industrial Average leads the indexes higher. It was the big winner for the day. Right before the close a major buying program came in and turned everything green.

    2. While everyone waits for the April non-farm payroll report tomorrow we did get weekly jobless claims that were better than expected. The weekly initial jobless claims number was 498,000, this is the lowest level since the pandemic began. As for continuing claims, they increased to 3.69 million from a revised count of 3.653 million. Hopefully, things continue to improve. 

    3. Gold/Silver/Copper/Steel/Lead/Zinc commodity price continue to sky rocket on every front. Things people need and use are going up and in price. Transitory inflation is a form of double speak. Eventually we will have the mother of blow off.

    • 10 min
    The Gods/Markets Must Be Crazy - Nick Santiago 5-5-21 #260

    The Gods/Markets Must Be Crazy - Nick Santiago 5-5-21 #260

    1. Today is a much more subdued trading session after yesterday's wild action. yesterday, the market came roaring back into the closing bell. The Dow Jones Industrial Average (DJIA) actually finished positive by the close. Today, we are back to a much lighter volume session, so it will be important to see the charts by the close.  

    2. Now this should be the talk of town right now. Yesterday, news was released that Treasury Secretary Janet Yellen said that rates might need to rise to keep the economy from overheating. Last night, she walked back that comment when speaking to the Wall Street Journal CEO Council Summit. She said, “so let me be clear: That’s not something I’m predicting or recommending.”  

    This should tell every investor that the central bank knows it's the only game in town keeping these markets up right now.  

    3. Gold/Silver Nick Nailed it yet again. He sold out of GDX options yesterday for a 29% gain, just before Secretary Yellen's scary words on interest rates.

    • 13 min
    Buy A Tesla With Your Bitcoin, - Nick Santiago 5-4-21 #259

    Buy A Tesla With Your Bitcoin, - Nick Santiago 5-4-21 #259

    1. The major stock indexes are under some early pressure today. Technology stocks are falling the most to start the session. The decline is somewhat broad-based, but it will be important to see where we finish the day. Remember, it's not how the market opens, but more important how it closes. Let’s see what the volume looks like. Right it’s ticking up. Markets are on borrowed time. Archegos led to the market being saved. It sent markets nominally higher and put off the inevitable.

    Amazon (AMZN) is falling again, the stock is continuing to decline from it's earnings announcement late last week. As a rule, when the mega-cap stocks fall you better follow it as it will often have a much larger effect on the overall markets.  Apple is down over 3% today and about to break its 100 day moving average. Watch the megacap stocks. They hold up the markets. Semiconductors are getting killed.

    Anything that goes up and has a parabolic run-up is going to get slammed.

    2. Gold/Silver gold futures were weak overnight are up $2 on the day. Silver futures are positive trading at $27. Nick closed his GDX call options with a 29% gain.

    3. Tesla on sale now for Bitcoin. May be a very good use of your crypto. Even Elon Musk took profits. Watch the charts.

    • 16 min

Customer Reviews

4.6 out of 5
9 Ratings

9 Ratings

owen severne ,

Very good analysis

Very good analysis highly recommended.

Growing business in NC ,

Highly recommend for traders

Great insights. Nick completely called the March market bottom. Tip my hat to him on that one.

IvanStipply ,

Substance-Light, Advertisement-Heavy

This podcast is a cheap promo and NOT an educational experience.

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