Tech stocks drive the markets higher today while giving the financials rally a rest. Here’s a trade I put on today in one of the tech behemoths…

While stock indices were down today the markets saw a 50/50 advance/decline line. The rotation game continues this time out of tech into financials. Bonds, gold, and silver all had their biggest declines in some time. Here’s what to expect the rest of the week…

It was a good day for NASDAQ traders expecting a pullback as key stocks Netflix (NFLX), Facebook (FB), Microsoft (MSFT), and others sold-off from the highs, as logically expected.  But not everything was bearish – in fact, many more stocks gained today including our ‘boring safety’ stocks highlighted last week.  Join Corey for tonight’s video updating you on the new levels and plays in motion.

SPX – spot on the Weekly Expected Move Russell is a rockin’ in the rotation game Bond Volatility is DEAD – it’s gamma time! Could bonds sell off? Reflation trade back in style? FB – Skew inverts as retail comes pouring in VIX & VVIX — buy volatility on volatility, if only volatility is low SPX Expected Move –last week– 71.48 (expected move) –next week– 62.99 Edge of weekly EM touched!

Stocks surged as the summer slop-fest resulted in many stocks declining today but the main stocks that matter – the monsters of tech – strongly picking up the slack and extending the uptrend in equities higher. In tonight’s video, Corey highlights these developments, charts FB, AAPL, /NQ, and /ES for you, and then refocuses your attention beyond the hype and to the safety of stocks you may be missing that are also making new highs with the market.

The S&P is just a stone throw away from the upper expected move for the week so that is an area we expect to be hit tomorrow. With bonds rallying are investors throwing caution to the wind too soon? Find out in tonight’s video newsletter…

While most traders are focused on flashy and popular stocks – understandably so – some safe stocks continue to trade stealthily higher in ongoing uptrends now and through most of 2020. What are these stocks and what stocks are we seeing make new 52 week highs, and in some cases new all time highs? And what level are we directly watching right now on the SP500? Join Corey in tonight’s video for ideas.

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.