Signs of Volatility Emerging?

[video_player type=”youtube” youtube_remove_logo=”Y” width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″]aHR0cHM6Ly95b3V0dS5iZS9DZkg4azI1MWNmMA==[/video_player]

Stocks started lower…finishing there as well…with major averages posting one of their worst sessions in months amid uncertainty following the immigration policy enacted by the Trump administration this weekend. The news weighed heavily on transportation stocks – airlines specifically. President Trump today signed an executive order to slash regulations and said will reveal his Supreme Court nominee pick tomorrow night at 8:00 PM EST as he remains busy into his 2nd week on the job.

Major averages finished off their worst levels, but still posted the biggest drops of the year ahead of a busy week of earnings. Key events this week will include the FOMC meeting (starts tomorrow – ends Wednesday – with expectations for rates to remain on hold while waiting for more clarity on fiscal policy). The January monthly jobs data will be released on Friday, as well as another earnings barrage this week which includes results from tech giants AAPL and AMZN. The CBOE Volatility Index (VIX) rose more than 20% before paring gains (touched highs of 12.90 – off lows 11.10) – after four days of declines took the gauge to 10.6, the lowest in more than two years. Today’s declines were led by energy (as oil fell), financials (profit taking) and tech (ahead of big earnings this week). There are plenty of pairs trading opportunities emerging. The one we talked about in the weekend edition is already working today here’s an update…
And to learn more about pairs trading opportunities join me for a free online seminar called, ““The Right Trading Strategy for 2017 and Beyond” sign up here: https://theotrade.com/snap/

More from TheoTrade

Christmas Tree Spread: How a Ratio Put Tree Works

Trading Is a Haunted House: Don’t Run Into the Wall

How a 25-Point Morning Turned Into a 100-Handle Hole

What Retail Going All In Tells You

Why This Gold And Silver Correction Has My Attention

XSP Options: Mini-SPX Explained (and How It Compares to SPX and SPY)


Most Recent

Christmas Tree Spread: How a Ratio Put Tree Works
Trading Is a Haunted House: Don’t Run Into the Wall
How a 25-Point Morning Turned Into a 100-Handle Hole
What Retail Going All In Tells You
Why This Gold And Silver Correction Has My Attention

Get educational market insights sent right to your inbox.

As Seen In