We’re still deep in earnings season and key stocks are reporting earnings and triggering trading opportunities. In tonight’s video, Corey updates the latest earnings developments along with some “range fade trade” plays of stock opportunities off range support levels.
A big move down tagging the lower expected move for the week on a Monday. We took this opportunity roll bearish duration positions. As risk comes back to the market here’s what to expect and where the opportunities are…
What are Bonds and Dollar saying? Decision time… hedge, hold or fold?–VVIX–SPX Open Interest– any wild outside bets?–SKEW SPX Expected Move–last week– 80.94 (expected move)–next week– 78.40
If you feel stuck in a time loop this week, you’re not alone. We’ve had three days in a row of tight price range behavior in the indexes as we await official word on a stimulus deal, or not. With all the headline risk, the market is incredibly stable. Beyond that, some key stocks including Intel (INTC) surprised with earnings after the bell today and more are yet to come next week. Corey updates you about it all in tonight’s video…
Market see choppy day as stimulus talks continue to whipsaw price action. Let’s look at what’s expected for the rest of the week. Things can still get very wild. Here’s why…
We had big intraday moves up and down on the “stimulus on! stimulus off” headline news as they developed the day and yet price ended the day right where it started. We’ll continue focusing on this for the rest of the week as we update positions and opportunities in stocks releasing earnings. In tonight’s video, Corey highlights these events as well as a bullish surprise for SNAP and a bearish surprise for NFLX.
Bears win the day as selling hits the market across the board. The SPX dropped to near it’s expected move for the week. Here’s how I did on the day…
Risk into the Friday Bell! Broken Brexit does not impact markets Massively UNCHED on the WEEK–pull back off the upper EM Retail Sales–AMZN drops on big sales Heavy Earnings Week Coming–TSLA, NFLX, INTC Reading the Vol SKEW–election risk growing? Getting a read on risk-–VVIX–Dollar–Bonds SPX Expected Move–last week– 71.91 (expected move)–next week– 80.94
The stock market pulls back to about where it started the week. Everyone see the volatility ahead and here are the types of long volatility trades Don is looking at…
In tonight’s video, Corey highlights how to think about risk and headline events going forward in the next few weeks. We also highlight stimulus and the path of leading financial stocks along with the ETF XLF. Finally, Corey pinpoints some of the ‘strong stocks getting stronger’ but on the verge of a pullback now…
