Bases loaded, staring down a Grand Slam🏏

I’ll be swinging for the fences...

April 30, 2025

*Together with Paladin Power

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Paladin Power Disclosure: This is a paid advertisement for Paladin Power’s Regulation CF offering. Please read the offering circular and related risks.

Hey traders, Jeff Bishop here.

Today’s market action was a bit more interesting than the start of the week after the GDP report headlines generated some initial panic.

Economists were expecting 0.4% growth for the first quarter, but instead we got a 0.3% contraction.

Remember, two back-to-back negative GDP readings technically signals a recession… we’re halfway there!

On closer inspection, the negative number was largely due to a huge surge in imports as companies tried to get ahead of President Trump’s tariffs.

DOGE-related cuts in government spending also added to the decline.

Consumer spending — an arguably better gauge of the economy’s health — rose at a respectable 1.8%. A separate report out today from the Commerce Department showed consumer spending in March was at its strongest this year.

Investors sobered up as the day went on and the Nasdaq and S&P 500 ultimately closed the day flat.

After the close, we got solid earnings reports from both Meta and Microsoft, and both stocks are up 5%+ in after-hours trading. That could push the tech-heavy indexes higher in the morning.

While the markets waffled today, the “tactical trade” idea I sent out this morning had a solid performance all day…

It briefly crossed into double-digit territory and ultimately looked like this at the close:

That makes it my third â€śtactical” base hit of the week, so the bases are now loaded.

I’m swinging for the fences tomorrow morning on a stock that climbed as high as 20% in the three days following my initial alert on it last year.

I think it’s in a perfect position right now to merit a hard look, and I’m planning to post my analysis beginning at 9am EST tomorrow on this page.

Will this be the “grand slam” to round out the trading week? Tune in to find out!

The best way is to bookmark the page and refresh it at exactly 9am.

Speak with you then.

To Your Success,

Jeff Bishop

 

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