Sellers Rejected or just Warming Up?

Tesla added to the S&P 500 today as the 6th largest company in the index. For every $10.60 move in TSLA is worth $1 in the SPY that means TSLA is directly responsible for today’s down day. However, all eyes should be on the financials which held the market together today. If financials break it could be the start of a much bigger move for the entire market. Here’s what to look for next after today’s volatility…

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Buybacks for Banks are Back

Second round of bank stress test results–For the first quarter of 2021, both dividends and share repurchases will be limited to an amount based on income over the past year.–Financials will break to the upside, will capital rotate from tech? Tesla’s wild SP500 inclusion ride–In the last 10 minutes of trading, Tesla gained $33.09 or 5%–topped out with inclusion? IPO Options Warning––DASH–ABNB VIX Opportunity in the coming weeks SPX Expected Move–last week– 85.99 (expected move)–next week– 54.67

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Holiday Highs Keep Coming – Which Levels are Breaking?

The Bullish Holiday Drift in the market continued with new highs in the NASDAQ and Russell 2000 as all markets break through – or trade right into – key round number reference levels. What are these levels and what should we be noting in our trades? Also importantly, which key stocks are joining the market at all time highs? Find out in tonight’s market update…

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All Bull and No Bear?

Stocks moderately rally after Fed chair Jerome Powell says that he’s not concerned about high equity prices. The market continues to play the rotation game and here are today’s winners and losers and what to look for the rest of the week…

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Russell Rallies Strongly Higher ahead of the Fed

We’ll have a Fed announcement tomorrow (Wednesday) but for now the small-cap index Russell 2000 surprised traders with a strong rally – almost 2.5% higher today – to fresh new all time highs. Which key stocks in our scan joined the Russell and what should we be thinking about the rest of December? Join Corey for tonight’s video update…

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Volatility on the Rise into the Holiday Season?

In tonight’s video, Don discusses the huge reversal that took place during today’s trading session.  The most important thing that you can take out of today’s marketplace is the volatility that we’re seeing as we come into the holiday weeks.  How is Vaccine Monday effecting the marketplace?  Tune in and find out!  Don also encourages us all to be very cautious in the days to come as the holiday season shows big volatility which does not bode well for the entire marketplace….

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Will the Bears Make a Year End Appearance?

Change of tone in the markets ???–COST & LULU–Financials came off with energy–still playing the shell game–Brexit, jobless Volatility Expansion–/VX, VIX & VVIX–weekly expected moves IPO’s have gone plaid––ABNB & DASH Don’s Positions and Delta Risk SPX Expected Move–last week– 64.56 (expected move)–next week– 85.99

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LULU’s Earnings and Key Market Level Update for You

LULU reported earnings after the bell and … price went flat – initially.  Join Corey in tonight’s video update as he highlights the “LULU Levels” in play but also key focal and pivot price points in broad markets such as US Equity Futures, Gold, Crude Oil, and even the US Dollar.  Inflation still creeping up?  Find out tonight in the video…

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Monsters of Tech Taking a Monster Hit!

MSFT, AAPL, GOOGL, AMZN, FB and other monsters of tech took the brunt of the selling today. Here’s the key sector to watch tomorrow that will give you a heads up to where this market is heading next…

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Market Continues Taking the Escalator Up but Be Prepared for What Happens Next

Stocks continued their end of year drift, notching even more all-time highs as our trending stock candidates joined them. While you’re protecting yourself or profiting from the bullish drift that’s happening now, be prepared for what happens when the drift higher ends… markets don’t tend to drift lower. Find out what’s likely to happen instead in tonight’s video…

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Don Kaufman Don Kaufman

TheoTrade co-founder, former CBOE market maker and thinkorswim Chief Derivatives Instructor.

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