—the range that defines the SP500—back to all-time highs?—allocation issues—Employment Situation—Bonds tank—Financials explode on higher rates—CPI is coming –Back to Bond Dynamics Financials Running Amok!—Goldman Sacks—Discover Card Financial—Morgan Stanley SPX Expected Move–last week EM– 65.00–next week– 48.34 expected move

In another “blink and you miss it” moment, the broader SP500 and NASDAQ along with SPY and QQQ crept once again to a new all time high but it really did feel far more like a sneak than an outright strong attack. Nevertheless, behind those headlines you’ll hear about, the Russell 2000 (IWM) remains weak and Crude Oil is falling while stocks sneak to new highs – something to watch carefully…

The S&P has been a tight range for a long period of time. The ball of risk at the same level continues to grow and will explode either higher or lower. The rotation between Bonds, financials, and tech continue to be the main driver…

Stocks recovered today to trade just shy of fresh new all time highs and we take a moment to update the current trend, key price levels in each index, and view the “big tech” leaders such as Apple (AAPL), Amazon (AMZN), and others including a quick glance at stocks making new highs with – or ahead of – the market…

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)…