Financials Take the Hit From Dollar Comments

[video_player type=”youtube” youtube_remove_logo=”Y” width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″]aHR0cHM6Ly95b3V0dS5iZS9KeVBPWFJTT2w0SQ==[/video_player] Stocks opened in negative territory, losing steam throughout the session ahead of a busy week of corporate earnings. Equities fell on Brexit commentary from UK Prime Minister Theresa May and on a plunging U.S. dollar after Trump talked tough amid the recent strength. The dollar fell after an interview with The Wall Street Journal late last week, Donald Trump said the U.S. currency has gotten “too strong.” Trump said dollar strong especially considering the China’s is “dropping like a rock.”…said “our companies can’t compete with them now because our currency is too strong…and it’s killing us”. Today the Volatility Index (VIX) jumped over 7% after reaching its lowest level since July 2014 on Friday. Financials led the S&P 500 lower, the recent market leaders, led the decline as investors fled to Bonds driving yields lower. This is the opportunity I’ll be looking

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Buy Volatility in the Zombie Markets

[video_player type=”youtube” youtube_remove_logo=”Y” width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″]aHR0cHM6Ly95b3V0dS5iZS9lYXhZN1FxR1VyRQ==[/video_player] Stocks posted small gains on Friday and remain near record all-time levels heading into the start of earnings season next week. Financial earnings grabbed the headlines and were mixed, but still posted solid returns, led by a jump in regionals. Large cap banks rallied as well as JPM posted solid returns, while BAC and WFC were mixed but rally with jump in bond yields early after economic data sent bonds rolling. Markets are closed on Monday in observance for Martin Luther King Day, but then the earnings floodgate opens, with reports from several banks, and tech companies early next week. Note volatility remains subdued, as it has now been 26 days since the S&P closed with more than a 1% move (12/7). This is what to buy in a zombie market…

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ATR a Leading Signal for Potential Pullback

[video_player type=”youtube” youtube_remove_logo=”Y” width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″]aHR0cHM6Ly95b3V0dS5iZS9Zb1ZQSzgzQ2doNA==[/video_player] Can’t keep this market down! Even though major U.S. averages ended lower on the day, as the NASDAQ ended its 7-day win streak (and 4-day streak of consecutive all-time highs), markets finished well off their earlier lows as investors continue to take advantage of any opportunity to add to positions on the slightest pullback. In tonight’s video we take a look at one signal that might be a sign of a longer lasting pullback for a swing trader or long term investor…

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Placing a Trade in the Emerging Markets ETF

[video_player type=”youtube” youtube_remove_logo=”Y” width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″]aHR0cHM6Ly95b3V0dS5iZS9EZnltRlVkbkRVOA==[/video_player] The Nasdaq managed a 4th consecutive record close despite the bumpy ride in biotech following comments from Donald Trump on pricing. Oil prices recovered after two days of hefty declines, despite bearish weekly inventory data. The story of the day was Donald Trump, holding his first press conference since July 2016, targeted drug pricing, sending large cap/specialty pharma and biotech stocks plunging. With earnings season starting and geopolitical risk on the risk in tonight’s video I will share the type of products to trade and the strategy to use…

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Shell Game until Next Catalyst

[video_player type=”youtube” youtube_remove_logo=”Y” width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″]aHR0cHM6Ly95b3V0dS5iZS9MaWVJb2s5WGtUYw==[/video_player] Stocks ended mixed for a second straight session, as the Nasdaq posted its 3rd straight record close (and up a 6th straight day), but the Dow Industrials slipped again as its race to 20,000 failed. All eyes will be on the banking sector this week, when JPM, WFC, BAC headline the start of earnings season this Friday morning. Market volatility has dried up over the last few weeks, as it has been over a month since the S&P 500 last posted a more than 1% closing move (12/7). What will be the next catalyst – a earnings surprise, something from the new administration or the Fed? Let’s take a look at how you can play the opportunities ahead…

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Asset Rotation like a Game of Musical Chairs

[video_player type=”youtube” youtube_remove_logo=”Y” width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″]aHR0cHM6Ly95b3V0dS5iZS91MGZzSXEzMmtoVQ==[/video_player] Stocks ended mixed today as the asset rotation game continues to play out. Today’s game of musical chairs saw energy stocks leading the declines amid a pullback in oil prices (nearly 4%). Also, financials pulled back ahead of big earnings this week from banks JPM, WFC, BAC (on Friday). The Nasdaq hit a new all time high led by AMZN, FB, and GOOGL. Here are some ideas for this trading week…

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With Markets Near All-Time Highs the Russell Stalls

[video_player type=”youtube” youtube_remove_logo=”Y” width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″]aHR0cHM6Ly95b3V0dS5iZS8yblVRcnprSWg5Zw==[/video_player] In this extended weekend video join Don Kaufman as he explains current market correlations and the opportunities in the market next week. Included in the video is the only selling premium strategy that is working…

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Premium Cheap for the Landmines Ahead

[video_player type=”youtube” youtube_remove_logo=”Y” width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″]aHR0cHM6Ly95b3V0dS5iZS82QTNMQ2lFRzRpMA==[/video_player] In tonight’s video we will review the technical landmines facing the market. At the same time options premium is at an historic low. In 2017 those that have a trading system will have the advantage. Join Doc Severson for the “Plan or Get Slaughtered” class and get help building your own trading system from a professional trader. 2017 Plan or Get Slaughtered Class: https://theotrade.com/Plan/

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Traders Throw Caution to the Wind

[video_player type=”youtube” youtube_remove_logo=”Y” width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″]aHR0cHM6Ly95b3V0dS5iZS9jcWlITjlBbHJSYw==[/video_player] In light volume trading today traders have thrown caution to the wind. Just remember risk is always at the highest precisely at the time it seems like it’s the lowest. Conversely when traders are panicked out of stocks that’s the time to be buying. Let’s take a look at the markets where the risk seems to be at new lows…

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Evaluating the Transition into 2017

[video_player type=”youtube” youtube_remove_logo=”Y” width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″]aHR0cHM6Ly95b3V0dS5iZS80MnRmVFA0eUFqYw==[/video_player] The first day of trading in 2017 is in the books. Let’s evaluate January trading in the past few years and see if we can determine what to expect this year. Also, let’s look at the most dangerous thing in the market right now…

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