If you looked at the majority of stocks and sectors in the green today, you may have thought all was well and bullish in the market today – but Apple (AAPL) told another story. In tonight’s video update, we prepare for Friday’s Jobs Report and update our key market levels as we begin the new month of December…
The The bell could not ring fast enough this afternoon as we witnessed a crazy reversal in the marketplace denying dip buyer opportunities that seemed apparent. Don remains forward looking on what we can anticipate for the remainder of the week and into the next, and sums it up in one word, volatility!
Though the markets didn’t need a reason to sell-off from such an overbought and overextended level, this morning provided the stock market two big bearish catalysts from headline news events. In tonight’s video we pinpoint key price levels and future potential targets along with a scan for weak stocks getting weaker, highlighting key stocks in the SP500 making new 52-week lows which are in play for trades in the event the weakness continue…
The Omicron variant that caused heartburn for the bulls Friday failed to follow-through today. That doesn’t mean you shouldn’t take it seriously as a trader. Here’s how to hedge the next week and other unusual option activity opportunities…
Traders Rush for the exits––NU variant used as a catalyst to sell–Oil Crash and liquidation–Capital moves to Bonds, duck and cover stance–Crypto crush – risk asset?–dollar off with gold flat Volatility Update––VVIX explodes–vol futures Early Next Week––Monday will be scary–NQ is downright intimidating–expected moves exploded–rates tanked SPX Expected Move —–last week — 54.75 (expected move)–next week– 154.25
Stocks sell off this morning and then rallies solely on retail traders. Call options on key stocks explode sending markets higher. The rotation game continues and here’s what to look for next…
Gold has had a history in recent years of rallying in December and January. In this video, you see how gold has performed, what’s driving it’s movement, and what to expect. If history is any guide, gold may have a 10% + move in the coming weeks.
If it seems like this week is “opposite week,” you’re not alone for feeling that way. Last week saw broad-based weakness in everything but the large-cap technology stocks and this week brings us general broad-based strength in most sectors and stocks outside technology leaders. Bonds fell; yields rallied and we’re definitely not seeing the typical low volume, low volume holiday week – that’s “opposite week” too. Here’s how to trade and remain safe this holiday week in the markets…
Biden announced that he will nominate current Fed chairman Jerome Powell for another term. The S&P 500 turned bidless into the close as gaming stocks fizzled (EA, ATVI) and DIS pulled their annual membership for Walt Disney World…
Market are owned by TSLA and NVDA– -Financials down 1% -Energy off 3.9% -DOW off 230 points -Spuz massively unchanged! -Even AMZN and GOOGL down did not negatively impact NASDAQ -internals and overnight /ES trade do not matter! -massive rotations may take place if big tech sells off Profound Market Moves– -QQQ -IWM -TSLA Markets Bid Risk Assets– -Da FED -Big boy skew – good for premium selling! -Bonds -Dollar -tightened my delta SPX Expected Move –last week– 60.41 (expected move) –next week– 54.75
