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.

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!