AAPL and MSFT have a combined market cap of a whopping $3.5 trillion dollars and were the only 2 stocks driving the market higher today. To put that in perspective these 2 companies are valued at more than 1/8th of the entire US national debt. At the same time the market is still in a Vomma Zone. Does that put your retirement account at risk?
SP500 upper end of range, breakout or breakdown…no matter! Backspread! 5 firms and the fate of the markets Comparison – divergence grows to alarming levels, when in market history has concentrated risk been a good thing? Earnings are great, unless your living in the (real) non-tech world.CATEnergyFinancialsRUT Roo Gold, Bonds, a rally of everything or defensive posturing? Retail opportunities? XLP VIX Trades SPX Expected Move–last week– 74.44 (expected move)–next week– 71.48No touching for 3 weeks!
We’re seeing the NASDAQ and XLK Technology sector ETF surge after-hours today on blow-out earnings and bullish knee-jerk price action in leading tech names Apple (AAPL), Amazon (AMZN), and Facebook (FB), but not all is exploding to the upside. Join Corey in tonight’s video as he details the initial fall-out and what to expect and potentially how to trade intraday on Friday given these expected moves in major stocks.
Financials lead the way today as the biggest tech earnings announcements are tomorrow after the close in what will be the biggest earnings releases at one time ever. Here’s what to expect for the rest of the week…
We’re seeing consolidation ahead of an active trading week with a Federal Reserve decision Wednesday and many major companies reporting earnings this week. In particular, Thursday will give us earnings in monsters or tech stocks Amazon (AMZN), Google (GOOGL), and Apple (AAPL) so position accordingly – or stay safe. Today saw the /ES close at the newly minted 3211 Gravity Target while the ‘bidless beast’ struck the NASDAQ again into the close. Follow along in tonight’s video for navigating this week safely.
Stock indices continue to be led higher today by big tech. The biggest tech firms all report on the same day this week. Here are the kinds of trades Don is doing in silver and volatility…
The Rotation Game – it’s like musical chairs of the markets, did you reserve a chair with a hedge? Nasdaq is hanging on by a thread, this coming week earnings could derail everything. Bonds are @ 181 and the FED is coming! 3 weeks inside the Expected Move, you should be afraid and BUYING premium! SPX Expected Move–last week– 74.44 (expected move)–next week– 76.81
Today saw the “Monsters of Tech” Fall around 4% with AAPL leading the pack lower, down 4.5%. In tonight’s video, Corey updates you on the profile planning (bearish against the highs), along with tech stocks, market cap leadership, and bullish breakouts continuing in the Risk-Off assets of Gold and Bonds…
It’s earnings season once again and big names stocks like MSFT and TSLA reported after the bell today. Here’s one thing you need to know about earnings announcements…
The big news of today’s session was Silver (SLV and /SI) surging over 6% on a breakout event, while Gold (GLD and /GC) rallied along with Crude Oil (/CL). However, over in the stock market, Energy and Financial stocks rallied while major tech stocks sold-off today, creating a “tale of two markets” between the /NQ and everything else. In tonight’s video, Corey walks you through today’s action and discusses what to expect with price above profile levels and how to position accordingly…
