[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player]   Call it a stick save or some other phrase used to describe the market rallying off the lows into the close. I want to call it a fork in the road where the companies beginning to diverge over the next week or two. It may be a tale of the haves and have nots with oversold names like BAC and NVDA finding support and AGNC and DKNG resuming their downtrend. A closer look at today’s unusual option activity tells an interesting story. (CAT, CSX, CCJ, TLT, RRC, JBHT, NVDA).

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] Market Update– –Rates are outa control! –rising rates will break markets –bond volatility exceeding VIX –why is VIX dead with risk bearing down? –another week another edge of expected move Positioning– –selling premium, tread lightly, imp vol feels low –sell whats strong and let correlation grip hold SPX Expected Move– –last week–   76.70  (expected move) –next week–  98.06  (expected move)

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] JPM kicked off earnings seasons with lackluster results. Overall markets went higher thanks to big tech. How much longer can big tech stocks hold up the S&P? We may find out this earnings season…

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] Stocks reversed course today, closing weak again Tuesday afternoon after another high CPI report confirmed we continue to see high inflation. Although the initial reaction was bullish, stocks sold off to new lows by the closing bell. Key stocks, financial including two on Wednesday and five on Thursday could add both volatility and clarity as to the broader market this week…

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] It’s going to be a big week for banks as earnings season gets into full swing this week. As financials look to establish themselves in a rising rate market, it’s energy stocks that led the market down today. As the term structure of oil futures flattens, is this the beginning of the end of the move in energy? (IWM, AG, AXP, OIH, DB, RIO, XLF, CHPT)…

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player]   Headwinds continue to accumulate: –Holding on the edge of Expected Move –Dollar breaks out –Bonds are breaking apart (data dependent) –Forget yield curve inversion, rates are soaring! –Lack of correlation –Playing the sector rotation game Position Updates: –Selling premium –Long Dollar –XLU –SLV SPX Expected Move –last week–   74.83  (expected move) –next week– 76.70   (expected move)

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] We continue to see the market caught in the “middle of the middle” of a wide volatile trading range as framed from the daily chart. In today’s video, we set the stage for next week’s beginning of key financial companies reporting earnings and pinpoint some surprising stocks both outperforming the market at new all-time highs, and a handful underperforming at fresh 52-week lows (including two major financial companies)…

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] The FOMC provides guidance on how they are going to reduce the balance sheet. The market digested the hawkish news well. However, we are sitting right on the edge of the weekly expected move in the SPX. The next 2 days are crucial to see if that level holds. What happens next can determine the market direction in the weeks ahead…

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] Wednesday will give us the “Fed Minutes” or deeper insights from the Federal Reserve on the state of the economy and the impact of inflation along with any more aggressive shift toward future rate hikes. In today’s sessions, Treasury Yields spikes as bonds made fresh new 2022 lows in a continued downtrend. In tonight’s video, we highlight these developments, update key price levels on the major indexes, and pinpoint which stocks are outperforming the market at new highs…

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] Elon Musk announced a 9.2% stake in TWTR totaling $2.89B. The news sent TWTR surging over 27% during the session. While the S&P 500 finished 0.88% higher on the session, it was the most-shorted names that regained their posture after fizzling on Friday (FCEL, NNOX, PLUG, GPS, FSR, ATER, COOP).