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…
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….
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
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…
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…
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…
Don has exited most of his long positions that have gone parabolic recently. If you want to continue to be long as these levels here is the best way to do it. In the trading room tomorrow Don will show how he is extending his short positions with minimum risk at these price levels…
–Jobs report- horrific, BUY IT!–lockdowns, BUY IT!–Low volume–Liquidity concentrations continue to grow—-options flow moves several stocks–Bonds take center stage after months of nothing!—-Rates to far too fast? What’s working and what’s not-MUTSLA – vol will collapseINTCGS – do more of what worksMSFTCAT – take the good with the bad Do I want to be long?IWMXLEMJXOPFGE SPX Expected Move–last week– 70.49 (expected move)–next week– 64.56
In the tired-old story of “stocks drift higher,” all US equity futures slowly crept to new all-time highs except the small-cap /RTY Index. In tonight’s video, Corey discusses the drift and highlights the downtrend in the Dollar that is assisting an inflationary drift. He also pinpoints the strongest market cap leadership stocks that continue to strengthen with the market – leading it higher for now…
Markets continue to grind higher on light volume. While the monsters of tech are doing nothing capital is rotating into other big NASDAQ stocks like Tesla. Here are the trading ideas Don likes right now…
