Financials (GS & MS) and semiconductors (ON, AMAT, AMD, SOXL) staged an early rally as the S&P 500 was moving higher along with the VIX. That all changed as bonds caught a bid and saw many of those names fade from their highs.
Shall Risk and Reality Overwhelm the Markets? -AMZN tanks but markets survived -monsters of tech down on earnings, Google fading -Covid on the rise, travel/lockdown stocks are not moving -Fed will taper… eventually, maybe, probably not -GDP was off – stimulus trade is running out -Meatloaf “meme” stocks –AMC, GME, BB, CLOV -HOOD retribution trade SPX Expected Move –last week– 57.25 –next week– 65.00
While we’ve seen sell-offs occur on recent positive earnings surprises, few have been dramatic and none has been as consequential as AMZN could be tomorrow. In tonight’s video, we highlight AMZN’s earnings and after-hours sell-off and note how it could be a big factor in creating another “rubber band snap-back” for the broader market…
All eyes are on the NASDAQ as all mega cap big tech stocks report this week. So far TSLA, AAPL, GOOGL, and MSFT all blew away earnings expectations. Why haven’t these stocks rocketed higher? Let’s take a look…
We’re in full earnings mode as large cap stocks Apple (AAPL), Google (GOOGL), and Microsoft (MSFT) report earnings after the close and Corey shows snap reaction to these announcements. We also have a Fed Day Wednesday along with over 150 stocks reporting including Facebook (FB). Be careful and stay earnings-aware this week…
The FAAMGs are set to announce earnings this week and it has the market jittery as the VIX rose alongside the S&P 500 in today’s session. With these stocks representing nearly 23% of the S&P 500 market cap and nearly 42% of the Nasdaq 100, the recent run in these names could provide some downside pressure this week. Finally, as AMZN is expected to announce the acceptance of Bitcoin and other crypto, digital currencies are surging today as well as unusual option activity of crypto mining stocks (MARA, RIOT, BITF, BTBT)…
Markets––massive range on the week 182 SPX handles!–upper and lower expected move tagged–earnings shocked the tech trade back to life— FED’s Back in Town!–tech earnings priced in? Distortions of Epic Proportion––Monster of Tech Market Caps go ballistic–Monsters of Tech % moves are distorting Indices–gamma is controlling the orderflow–FB, AMZN, AAPL, SBUX SPX Expected Move –last week– 73.69 –next week– 57.25
We’re still in earnings season and had key names report before and after the bell. In tonight’s video, we pinpoint some of these stocks and highlight the price levels to watch for trades Friday and beyond. Also, we pull the perspective back to the bigger picture and ongoing uptrend in the markets…
Markets move higher today on considerably lighter volume than yesterday. Volatility continues to remain high despite being so close to all time highs. Here’s what you should expect the rest of the week…
Price played the higher odds for a bounce and closed strongly today with the Financial sector helping lead the charge higher. In tonight’s video, Corey updates us after last week’s “rubber band snap-back” call and pinpoints the key levels in play as the bounce continues – for now…
