Markets continue to smash expected moves Low VIX ? —Volatility futures are in massive contango —VVIX —big time skew still prevalent Why are interest rates falling? —xlf —xle —bond outlook Strategy Session– –Sell premium –shift risk to underlyings with higher IVs –mitigate downside exposure with VIX vol spreads SPX Expected Move –last week– 53.25 (expected move) SPX –next week– 42.39
We’ve seen this before where low volume, low volatility holiday sessions result in continued upward drift in the market and today was no exception. In tonight’s video, Corey explains the current strategy, advocates patience, and pinpoints which stocks are leading the market at the highs – along with the need to note the Jobs Report Friday morning for any surprises…
Markets continue to rotate out of financials and into tech. Is this what we should expect all summer or will volatility pick up? Find out in tonight’s crucial video newsletter update…
It was a similar story where the tech sector – or key stocks such as Microsoft (MSFT) and Apple (AAPL) specifically – led the market higher as the hot air balloon of price drifted higher on lower volume and volatility. However, beneath the surface, bearishness and weakness underscored what ended as a flat, lackluster session. Be sure to watch tonight’s video to spot what’s happening beneath the market and where the money is flowing in and out.
Traders sell financials and rotate back into tech today especially FB. Plus here are the short interest stocks making a move. The talk amongst traders was the record SKEW close on Friday. Here’s what it could mean…
Expected Move Breeches!–SPX–IWM–QQQ–XLF–XLE–TLT Rotation and Bifurcation comeback? Are rising rates going to become an issue again? Stress Test! Banks and Buybacks Dollar reservations Crypto cracks not proliferating… Volatility Dropped but the “tail risk” is still wagging–VVIX–SKEW–Back month premium Front and Back Month Premium–decay in the X-Mas Tree Ratio Spread SPX Expected Move –last week– 90.48 (expected move)–next week– 53.25
The Financial Sector (XLF) caught a persistent bid today which boosted the small-cap Russell 2000 index and IWM. However the headlines will report that the market made another new all time high… in the NASDAQ and SP500 (QQQ and SPY). In tonight’s video, Corey highlights these factors then takes you deeper inside the market to see what’s going on behind the flashy new highs. What’s the next play, what’s the risk vs. reward for those traders who are bullish in the equity creep and then what’s the risk vs reward profile for those of us using bearish strategies? Find out in tonight’s video.
The markets next move hangs on the edge of the expected move. This why the expected is so important and what you should expect next…
Today had some strange price quirks in what achieved the upper bound of the expected move… and what did not. In tonight’s video, Corey walks you through today’s developments on the price charts, notes key updated levels, and pinpoints those strong stocks joining the market at the highs… for now.
It’s a tough call for traders in determining where the market is headed right now. VIX movement has been muted and delta hedging has been taking place, and there is no panic to sell. Yet there is also no indication that the market will surge either. In other words, no direction is apparent right now. However, it’s not all lost, as through today’s market recap, Brandon reveals some interesting things you might not have considered…
