The markets fell sharply this afternoon, snapping a rally back into key levels especially in the SP500. In tonight’s video, Corey rapidly updates you on today’s development and what it means for the market and your positions.
As the S&P stays stuck in a tight range volatility futures are showing signs of returning to normal. But, here’s the one thing that will determine the market’s next move…
20.5 million with 14.7% unemployment Even the most bullish of the bulls are skeptics–Pros are in large part net neutral–Retail driving the bias The range is everywhere…–All asset classes are in lockdown mode!–Bonds–Gold–Index/Equities–Dollar Potential is explosive…–the volatility box–aka: the hurt locker Bonds might be coming back to life, defining factor–NIRP scare–Fed balance sheet My Primary Positions–Net Short delta – tech, xlp, cost, csx, hd–Long delta in energy sector – xle, xop–Long call backspreads (hedges) – xlf, eem, tlt–Long Iron Condors – spy SPX Expected Move–last week– 106.93 (expected)–actual move–99.09–next week– 79.60 (expected)–11 out of the last 17 weeks have seen moves OUTSIDE the EM
Tomorrow morning gives us the all-expected monthly Jobs Report which will report catastrophic numbers. But will the market go down? Not necessarily. In tonight’s video, Corey highlights the numbers to watch but more importantly the market reaction to it and what to do once we break away from this multi-year magnet we’re at currently…
Financials were weak all day while the S&P remained flat thanks to strong tech stocks. The Treasury announced new 20 year Bonds and that sent the bond market lower and rates higher. In this environment that’s not good for anybody! Here’s why tech stocks may not be able to hold this market up for much longer..
We have the big Jobs Report coming up this Friday and it could be a big market mover. In tonight’s video, Corey updates what key level remains important in the SP500 and how the “monsters of tech” are performing just shy of their 2020 highs. As a special bonus, Corey also scans for the strongest stocks making new 52-week highs as possible upside hedges against overly bearish portfolios right now…
Markets continue in range bound trading. In tonight’s video newsletter Don provides an explanation on how you can take long duration short trades while getting paid to hedge in case the markets continue to go higher.
Sellers are very much coming back into this marketplace. However, there is a much larger take on the whole situation. It’s important to slow down and take careful steps in this chaos, instead of rushing right into a burning fire. The short answer is, yes, there are plenty of underlyings and opportunities for retail traders, both on the buy and sell sides. In this weekend video, Don explains how to trade more effectively in this ever-evolving market. Don’t miss this video for some specific trade ideas, twists on what seems straightforward, and some surprise trade ideas you might not have expected…
As of this video, Apple and Amazon’s earnings reactions went in opposite directions but we’re continuing to watch the ongoing reaction and how it plays into Friday’s trades. In tonight’s video, Corey updates the key SP500 level in play right now along with how major stocks – including AMZN and AAPL – are likely to play into Friday’s activity with your updated plan of action…
Lots of market activity today. The FOMC announcement was no surprise and had no impact on markets. Good news about an effective drug to treat covid-19 sent the market higher. Then after the close good earnings announcements from FB, MSFT, and TSLA sent markets even higher. The IWM ratio and QQQ vs IWM pairs trade are still working very nicely. Other opportunities are coming…
