News from SEC and Paypal Holdings Inc (NASDAQ: PYPL) caused panic selling in Robinhood Markets Inc (NASDAQ: HOOD). As Support.com, Inc (NASDAQ: SPRT) reaches its terminal velocity, the options market is lining up it’s list of candidates for the next short squeeze..
—Fed ignites rippin rally on dovish tone—Bonds played little role in the rally—SPX ends week dead-on upper EM—Russel decides Jerome Powell is a Demigod Volatility abnormalities–—1 year implied volatility screams risk—short term imp vol crushed— realized vol still dead—skew sky high Trade Opportunities–—premium selling continues to dominate—volatility crush opens up vix trades—Chinese markets SPX Expected Move––last week EM– 67.73–next week– 57.49 expected move
We’re getting our sell-side activity and “pullback from all-time highs” today as the market prepares for Friday’s potential volatility from any major headline from the Federal Reserve’s Annual Meeting and speech by the Fed Chair. In tonight’s video we pinpoint the key focal trading levels and go outside equities to trade Crude Oil, Bonds, and even Gold…
Trading volume remains lows as market participants wait for the Jackson Hole meeting. The SPX is very close to the upper end of the weekly expected move. With Jerome Powell’s talk Friday morning the market is at risk of exploding over the expected move or backing off…
This time was not any different than the last six pullbacks that set the stage for a quick rally back to all time highs in the SP500 but if this time is like the others, then we’re setting up our seventh pullback swing of 2021. Still the small cap Russell 2000 RTY lags behind in a sideways range and we finish tonight’s video highlighting the handful of strongly trending stocks breaking with the market to new highs…
Bonds aren’t buyin’ the bull as the S&P 500 stretches for another all-time high. Semiconductors see option activity explode to start the week as auto manufacturers look to cut production…
Market Breakdown––All time high to breakdown and back–Intraday Ranges/Realized vol explodes–Bonds on the back burner–Call volume explodes as retail fights back–Oil indicative of the economy to come?–Dollar on the verge of breakout–China Big Price Action––financials–energy–tech holding it together–MSFT, NVDA — gamma gone wild FED––loud and clear, we have taper talk–Jackson Hole SPX weekly EM vs one day movement SPX Expected Move–last week EM– 49.97–next week– 67.73 expected move
Stocks sold off this week on “Fed Taper” headlines but in tonight’s video, we highlight six to seven similar pullbacks in the 2021 market and what the outcome was then. Will this time be different and should it? Find out as we study what key levels we’re pinpointing in tonight’s video…
The Fed spoke and the market listened. The Fed starting taper talks has given the market jitters. Volatility has picked up. Here’s what to look for next…
Today was a volatile session for stocks as retail names including Home Depot (HD), Lowe’s (LOW), and others sold off sharply along with the broader market where equity indexes were down 1% today. The week ahead has added volatility from additional key earnings releases and the Federal Reserve’s annual meeting and speeches this week so keep your trades close and stay safe with the headline and market risk in play right now…
