We find ourselves trading the “in-between” market at the moment as we await earnings this week from major financial companies. In tonight’s video, we update the key index price levels we’re trading and targeting and then pinpoint the key financial stocks within the XLF (financials ETF) that could spark volatility later this week…
Bond funds and stocks head lower as financials fade it’s early strength and the market finishes near lows. These dynamics are making it rough for those using bonds to offset stock losses. Looking at the sector performance, today’s finish makes this week’s bank earnings interesting. Luckily there’s unusual option activity in VZ, VRAY and DBA to tide us over…
Market Update–-Sector Analysis and Expected moves-Volatility Check-Bearish bonds threaten to stall markets-Dismal jobs report-Energy gets a scary bid Merry-Go-Round of Risks–headwinds for dip buyers–China-interest rates-inflation (leading to earnings decay)-FED tapering-supply chain constraints (Xmas season) Trade Opportunities–-DOW performance and Goldman Sachs-Energy Pull Back SPX Expected Move––last week EM– 89.00–next week– 80.10 expected move
Tomorrow morning gives us the big monthly Jobs Report or Employment Status as we start trading and framing a new month. In tonight’s video, we pinpoint our key make-or-break price levels and tactics for the broader indexes and then step inside the top 6 largest market cap stocks for planning their key levels beyond Friday’s big morning report…
The stock market has been on a roller coaster ride this week with massive intraday moves. Here’s a way to take a directional bias without getting your head lopped off…
We’re continuing to watch how yields are affecting the stock market and potentially the broader economy along with the quick rise in energy prices and stocks related to the energy sector. In tonight’s video, we pinpoint what levels continue to be in play and why we’re being careful at current levels. Also there’s a surprise tech stock quietly breaking to new highs you might want to see…
The S&P 500 finished off the lows of the session, but didn’t get any help from the Monsters of Tech. The outage and whistleblower for Facebook Inc (NASDAQ: FB) proved too much for the bulls and Amazon.com Inc (NASDAQ: AMZN) tested it’s August support. While those names were being sold, Tesla Inc (NASDAQ: TSLA) closed higher on record sales and Utilities were bid (XLU)…
Risk has Enveloped the Markets– –Dollar breaks-out –Bonds have become a double edge sword –where’s the implied volatility spike? –SKEW softens –front month premium low relative to movement –dynamics of professional trade in volatility Sector Analysis- –monsters of tech underperform –financials feel impacts of rate changes –energy is the gainer but that may change –focus shifts to retail TGT, WMT, COST SPX Expected Move– –last week EM– 70.69 –next week– 89.00 expected move
The S&P 500 tested new weekly lows as traders sold into the close. The most concerning thing for bulls is how orderly it was done. While the selling in the broader market was orderly, Bed, Bath & Beyond (BBBY) collapsed following it’s earnings report. Are their earnings a prelude to a very troublesome outlook for retail? (XRT, COTY, DKS)…
In tonight’s video, we start by highlighting a clear message sent by sector leaders and what that likely means for the broader market. Then we discuss the critical target price levels we’re watching and trading in equity indexes along with a warning from the bond market we need to continue monitoring…
