Even if you’re sitting this earnings season out – and that might not be a bad idea – key stocks reported today and others will report tomorrow. In tonight’s video, Corey updates you on a key level in the SP500 along with snap-results from just-released earnings (mainly in Google and Starbucks) and how that can affect tomorrow’s session…
A great lesson today on the right way to be short this market. Despite being delta negative (short) the market Don’s P&L was flat today on a massively up day in the market. Plus discover one of the greatest opportunities in the market today. Find out more in today’s video newsletter update…
The economic blows keep coming– –earnings are brutal, guidance pulled –20% unemployment min with another 4.4 mill jobless claims –PMI crashes around the world –6.4% of mortgages in forbearance, 764 billion unpaid principal –Durable goods -14.4% –Google slashes marketing budget 50% –and the Nasdaq is only down -1% YTD! Here comes the FED meeting– –expect hints towards the fed next bout of stimulus – -FEDs got nothing but rhetoric –will markets turn on the FED? Putting your capital to work– –Do you buy now? –correlations are high –private equity is throwing capital at distressed firms –are markets in denial or immune because of backstops? SPX Expected Move –last week– 111.00 (expected) –actual move– 37.82 –next week– 85.67 (expected) –11 out of the last 15 weeks have seen moves OUTSIDE the EM
Markets were volatile today and headline news sent stocks plunging mid-day. In times like this, it helps to pull back your perspective to a higher timeframe and plan out what’s likely ahead. In tonight’s video, Corey walks you through the plan for a possible sell-off through a pocket and what levels are key to watch for leading stocks along the way…
The S&P continues to ping back and forth between our gravity points. Hitting one yesterday on the selloff to rally back and come only a few points shy of hitting another one today. One thing we should be concerned about in today’s rally is this was the lowest volume day since Corona Crash started. I know it’s earnings season, but this is a unique one. Here are a few things you should be aware before you jump in. There will be a members only volatility class on Thursday at 10 AM EST / 7 AM Pacific.
The big headline of the day was Oil plunging to $6.50 per barrel, but if you weren’t trading that market, plenty of other opportunities were present today. In tonight’s video, Corey highlights some of these both in the SP500 and SPY (and other indexes) along with today’s earning names and what to make of them for the rest of the week.
The financial markets are not well! Futures markets across the board are seeing very light volume. The front month oil futures contract went negative for the first time in history. With the world running out of storage for oil people were being paid to take the oil. The VIX is rising as traders see all the risk out there. Opportunities are coming…
The stock market continues to shake off bad economic news as the Fed continues to pump more money in expanding their balance sheet by over $300 billion this week alone. Is long term investing and fundamentals dead? Even the oracle of Omaha is quiet, but trading is alive and well. There’s much to discuss on this crucial weekend update…
Is the rally over? That’s what we’re exploring in tonight’s video as we look beyond the S&P 500 for clues and trades in Oil, Gold, and Bonds for bullish or bearish evidence to construct our next series of trades. We’re carefully watching a key level in the stock market but there’s more to keep our eyes on this week.
Stocks back down while bonds back in action get bid up today. Financials continue to get hammered after dismal earnings announcements. Energy down 50% this year. So, where’s the next opportunity? We look to consumer staples and big tech in tonight’s video newsletter…
