What’s old is new again and we find ourselves right back to where we were on Tuesday at a key support level that, unlike then when we saw an expected bounce, odds for a breakdown are increasing. What levels remain critical for your short term trades and what clues can sector strength and weakness give us right now? Find out in tonight’s video…
Volatility dropping throughout the market while actual price movement increases provides a lot of opportunity. In this kind of market we are looking to be a buyer of premium. Here’s the strategy that has been our go to strategy for the last 4 months and hasn’t missed yet…
The pullback in tech stocks certainly seemed inevitable and now we have it and more. In tonight’s video, Corey updates this sharp yet reasonable pullback in the /NQ and XLK tech index but also key tech stocks achieving support targets such as AAPL and others, including TSLA which saw a particularly sharp pullback today. Note these levels and the bounce plays that could take place quickly this week…
Market Correction or a downward spiral — it is decision time –bail the longs? –hedge with ITM puts Checking option volumes SPX smashes EM then comes right back home Vol futures making me nervous When bifurcation collapses into correlation; the risk is magnificently large A/D lines displaying lack of diversification VVIX saw this move coming SPX Expected Move –last week- 62.16 (expected move) –next week–107.71
The bidless beast strikes hard today! The market has revealed its hand in a big way as retail traders start puking their positions. What’s next? You better tune into tonight’s video newsletter to find out because sellers are back!
Stocks continue at a fever pitch higher. Our Gamma Irons continue to work well hitting our profit targets sometimes in just one day. Here’s what you need to know going forward as retail traders juice the markets…
Stocks especially tech stocks extended new all-time and 52-week highs today and risk continues to increase substantially to bulls and bears alike. In tonight’s video, Corey continues to pinpoint “strong stocks getting stronger” but balances this with the reality that the market is at highest risk for a pullback toward key levels defined in tonight’s video.
A handful of stocks lead the markets higher, but volatility soars higher with it. Professionals are seeing the risk in this market and starting to hedge. Will retail traders follow suit?
Trader Geek Speak –SKEW is extreme – index puts pricing big boy tail risk –no signs of correlation –Bonds drop driving rates higher –SPX rips through upper expected move –Gamma risk driving SPUZ in a perpetual trade to the upside –infuential productsSPX, SPY, VIX, TSLA, AAPL SPX Expected Move —–last week– 60.05–next week– 62.16
Stocks go on roller coaster ride today helping us get out a few profitable positions. The real news of the day though was bonds and gold that suddenly got rocked thanks to the Fed. Here’s what to look for now that we are back in the Vomma Zone…
