Trading on the GO: Mobile Live Trading Insights May 12, 2026 Live

Key Concepts

• Macroeconomic Indicators: April CPI (Consumer Price Index) and PPI (Producer Price Index) as primary market drivers.
• Monetary Policy: Federal Reserve interest rate expectations, the role of Fed independence, and the confirmation of Kevin Worsh.
• Market Sentiment: "Risk-off" vs. "Risk-on" behavior, the impact of geopolitical tensions (Iran/Middle East) on oil prices, and the "hot" inflation print.
• Technical Analysis: VWAP (Volume Weighted Average Price) retracements, support/resistance levels, and the use of "topping tail" candles.
• Trading Strategy: "One good trade" methodology, the importance of execution over directional bias, and the role of volume-price analysis (VPA).
• Sector Focus: Semiconductors (Nvidia, Intel, AMD, SMCI), Quantum Computing (QBT, Regetti), and Retail/Consumer Discretionary.

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1. Market Overview and Economic Data

The market entered the session with a bearish bias ahead of the April CPI print. Expectations were for a "hot" print, with consensus around 3.7% year-over-year. The actual print came in at 3.8% (headline) and 2.8% (core), both slightly higher than expectations. Despite the hot data, the market showed resilience, with the NASDAQ and S&P 500 attempting to recover from early-morning lows. The hosts noted that while the market was "risk-off" early, the lack of a massive sell-off suggested a potential "nothing burger" or a market that had already priced in the inflation concerns.

2. Key Stock Movers and Deal News

• BuzzFeed (BZFD): Experienced a massive spike (up 100% at one point) following news that Byron Allen intended to take the company private.
• Hims & Hers (HIMS): Suffered a double-digit sell-off (approx. 15%) due to a crackdown on compounded GLP-1 copycats and a restructuring charge.
• GameStop (GME) & eBay (EBAY): eBay rejected an unsolicited proposal from GameStop, leading to a gap down for GME and a relief rally for eBay.
• Wendy’s (WEN): Rumors of Nelson Peltz raising funds to take the company private provided a potential floor for the stock.
• Semiconductors: Nvidia (NVDA) remained a focal point, trading near all-time highs despite broader sector weakness. Intel (INTC) was identified as a primary short candidate due to technical weakness.

3. Trading Methodologies and Frameworks

• The "One Good Trade" Philosophy: The hosts emphasized that a trader's job is not to predict the future but to execute a specific setup. If a trade (like a short on HIMS) doesn't work, the trader should move on to the next high-quality setup rather than forcing a position.
• VWAP Retracements: A core strategy discussed involves waiting for a stock to break a trend, pull back to the VWAP, and then enter based on the rejection or confirmation of that level.
• Risk Management: The hosts stressed the necessity of using stop-loss orders. They argued that "DCA-ing" (Dollar Cost Averaging) is a long-term investment strategy, whereas "averaging in" to a losing day trade is a dangerous practice that leads to account blow-ups.

4. Geopolitical and Macro Influences

• Oil and Iran: Oil prices spiked (up 4% at one point) due to escalating tensions in the Strait of Hormuz and the rejection of ceasefire proposals. The hosts noted that energy inflation is a lingering risk that could affect the broader economy for multiple quarters.
• Fed Dynamics: The confirmation of Kevin Worsh as a Fed member (and potential future Chair) is being watched closely. There is concern that a "fractured Fed" may emerge if Worsh pursues rate cuts to align with political agendas, potentially clashing with the goal of Fed independence.

5. Notable Quotes

• "Your job is not to make a call... your job is to execute a trade." — Neil Roberts, emphasizing the importance of execution over directional bias.
• "In a game where well over 90% of traders fail... I don't get overly emotional in trades. I get overly emotional when talking about trading." — Neil Roberts.
• "No pain, no gain." — Used in the context of sitting through volatility in high-quality names (like CrowdStrike or Meta) to capture long-term growth.

6. Synthesis and Conclusion

The session highlighted a market caught between "hot" inflation data and the structural momentum of the AI trade. While the CPI print was higher than expected, the market's ability to hold support levels suggested underlying strength. The hosts concluded that while the "AI bubble" narrative persists, the fundamental cash flow and revenue growth of the "hyperscalers" (Nvidia, Google, Amazon) provide a buffer that was absent during the dot-com era. Traders were advised to remain disciplined, focus on high-probability setups (VWAP retracements), and avoid the emotional traps of revenge trading or "falling knife" bottom-fishing.