Surprises from 2020 as Stocks Close the Year Near the Highs

2020 will go down as one of the most surprising and unexpected years in the market, given the depth of the early year plunge from the pandemic was met with even stronger buying from April to the end of the year. In tonight’s video, Corey highlights a few key lessons from the year and then notes the key surprise stocks up the strongest and strengthening even more.

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Tech and Leading Stocks Keep the Bullish Holiday Drift Alive

All US Equity markets made new all time highs today as positive economic stimulus news plus strength in the “monsters of tech” (including GOOGL, AMZN, FB, and AAPL) kept the bullish holiday drift going for the market. In tonight’s update, Corey charts these leading stocks along with the key sectors in play and notes what to watch for cautiously as the bullish holiday drift continues likely into 2021…

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The Quest for Gamma Squeeze is On

The Quest for Gamma Squeezes is On! A wild start to the week ends Massively unchanged Tesla’s volatility is dead Rona relief Bill places limitations on the FED —$429 billion in uncommitted funds are rescinded and five of the Fed’s programs, most obviously the Main Street Lending Program, will cease operation December 31, 2021. Brexit- it’s over, finally! Volatility conundrum- SKEW VIX VVIX SPX Expected Move –last week– 54.76 (expected move) –next week– 58.04 Searching for gamma squeezes

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Headline Risk: The Gift that Keeps on Giving

Stimulus, Brexit, Economic events, randomness! All keep us on our toes! With the end of the year in play and holidays approaching quickly, it’s ongoing headline risk that’s keeping the market active and our positions hedged for whatever comes next. Are you prepared? We don’t have to know what’s about to happen, nor can we, but we can take protective and proactive steps to protect us from environments of unusually high headline risk…

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Holiday Week Trending Stock and Tech Stock Update

We continue the bullish holiday drift in the broader market as 2020 rushes to a close. In tonight’s video, Corey highlights the strongly trending stocks making new highs and then discusses the picture and price levels setting up for trades in leading tech stocks in play…

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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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