A touch of bullish insanity shook the market today with all-time highs extending in the SP500 and NASDAQ on the strength once again of leading tech names NFLX (up 11%), Facebook (FB up 8%), GOOGL, AMZN and others. These intraday straight-up price trends were stunning and could be the sign of a blow-off top exhaustion in the making. Despite these names, Corey highlights more stable ‘safety stocks’ still joining the market at all time highs and discusses the stocks that made new lows in tonight’s important update video.

Markets continue to be dragged higher by a few stocks that have gone parabolic. Where most of the volume has dried up in the market it has all gone to these few underlyings. Here are the 2 strategies I’m using to play this risk in the market. One gives me consistent 30% gains and the other is swinging for the fence…

Today the SP500 Index and NASDAQ made new all-time highs along with the ‘sizzle tech stocks” Apple (AAPL), Amazon (AMZN) and others, but are you watching the less-flashy, less-volatile, safety stocks that are also joining the market at all-time highs?  In tonight’s video to start the week, Corey updates you on scans and stock candidates that continue to trend higher in safer trading opportunities than these high-flyers are giving us.

QQQ and the hedge that saved my bacon–yes I am still short but hedges have helped Long is dangerous and hedging is tough–even a tail has RISK! Expected moves and the great bifurcation–QQQ, SPY, IWM, XLE, XLF Diversification is DEAD!–NASDAQ 100–SP500–EEM–Low Beta does not constitute low risk–Where are you gonna go? SPX Expected Move–last week– 64.02 (expected move)–next week– 49.96

It was another “tale of two markets” with the tech-heavy NASDAQ, QQQ, and XLK surging to new all time highs on the strength of the monsters of tech… but that was the only sector positively on the session.  In tonight’s video, Corey highlights the Volume Profile levels and what’s working behind the scenes of the dazzling strength in tech stocks and what many traders might be missing if they only focus on surging tech names…

Stocks selloff mildly today as many traders are looking at the S&P potentially being at a double top. Here’s a trade Don did today that for very little money gives you a huge reward if there was a big sell off by the end of the year…

The SP500 snuck to a new high today while the tech-heavy NASDAQ blew through it as the overextended uptrend continued. In tonight’s video, Corey highlights the still-trending stocks from key strength scans and notes the divergence between financials (XLF) and tech (XLK) and what it means for the market at these new highs…

Markets continue to grind higher on the back of fewer stocks. Tonight Don will show you which sectors to keep an eye on this week. Volume today was very low as TD Ameritrade was down for most of the trading day in the biggest and longest outage in the firms history. 

Bonds on the move— Rates move higher, XLF stalled— Buying bond volatility— Utilities- get ready to move people SlopFEST!— A/D line rising with markets falling Backspreads and Gamma Irons –— Long Gamma and Vol— IV buyer – Long Gamma— IWM, LULU, SPY, GLD— NFLX SPX Expected Move–last week– 63.05 (expected move)–next week– 64.02

As we approach the halfway point of August 2020, let’s take a moment to spot which sectors are the strongest and providing the best opportunities at the moment.  In tonight’s video, Corey walks you through the nine sector ETFs and highlights which is showing the best relative strength and weakness at the moment and how that affects your decisions about the broader market.