Though tonight is debate night, we’re taking stock of the market now and what key levels continue to influence our trades. In tonight’s video, Corey highlights expectations and setups in Crude Oil, Gold, along with index futures and the top bullish trending stocks making new highs squaring off against the top downtrending stocks making new lows…
Markets scream higher without the monsters of tech today. The broad based rally which saw every stock in the S&P 100 up just means traders are piling into the futures markets. Here’s what else to look at to decide whether or not you want to sell into this rally…
Nasdaq outperforms in another sketchy trading week Massive daily ranges–Monsters of Tech did not lead the selling–Expected Move–Volume–Volatility Underperforming sectors are… well, underperformingIWMXLFXLE Is the dollar the new volatility indicator? VVIX falls under 100, yes really! Opportunities in VIX Bounce and Fade is back! SPX Expected Move–last week– 83.11 (expected move)–next week– 87.57 (wow really)
It’s feeling like a repeat scenario where stocks fall, hold support, fall a bit more, hold that support and repeat, but each time we fall, the risk increases for a larger drop-zone event. In tonight’s video, Corey highlights these critical levels in the SP500 (/ES) along with the 10 largest stocks by market cap, pinpointing current and future levels in play for traders…
Markets sell off today down to the lower edge of the expected move for the 2nd time this week. Also, the S&P is within grasp of the 3211 gravity point. Tomorrow is a crucial day in the market. Here are a few possible outcomes…
While some leading technology stocks tumbled into the drop zone beneath them, other stocks held key support as we see an early week bounce-back. In tonight’s video, Corey highlights not just the tech stock update but also a couple uptrending stocks making new highs – along with a handful of stocks making new lows in ongoing downtrends and what to do about them…
Strong selling early in the session before tech rebounded and sent the NASDAQ closing slightly higher on the day. However, all signs are pointing to the selling not being over. Here’s what to look for the rest of the week…
Where’s the vol pump?–No aggression in the selling…–bottom? we ain’t home yet, according to vol we have not left the station.–you need to feel the fear Risk Assets continue to stagnate–Bonds–utilities–gold–dollar Monsters of Tech!7.7*AAPL+.3*AMZN+3.4*FB+.63*GOOGL+4.4*MSFT reiterating last weeks warning…–do not buy the dip! Election risk fades in Nov and builds in Dec and Jan Position UpdatesLULU !!XHBXLP SPX Expected Move–last week– 99.75 (expected move)–next week– 83.11
If tech stocks are to fall, it will likely be from here. Join Corey for tonight’s important update video as he walks you through the critical – and now failing – support levels in the NASDAQ, QQQ, and leading tech stocks such as AAPL, FB, and other key stocks in play…
Monsters of Tech lead the overall markets lower despite the Fed signaling rates will remain low for a long period of time. With the markets at a key level, what’s next?
