[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] The Dow finally has company – the much broader S&P 500 has joined it at the all-time high party. If you sense something missing from this picture, you’re not wrong… I’m concerned that the NASDAQ hasn’t notched highs this month. Of course, that’s the home of tech in the market, and tech stocks typically react well to rate cuts. We’ll get a cut tomorrow, though whether it’s 25 or 50 basis points will be a surprise until the end. Gold and silver continue to look strong and there’s a bid under crypto, too. Crude oil may be having a “moment,” as well, as it tries to complete a bottom. I’ll walk you through what you need to know right now…

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] The markets are pricing in the first rate cut in more than four years. As of this writing, it looks like we can expect a 50-basis-point cut on Wednesday, with a 50% probability of a 1.25% cut by December. That’s fast… but what’s the hurry? Is the Fed that desperate to accommodate the mountain of T-bill debt the Treasury will roll over in the coming year? Treasury Secretary Janet Yellen made a big bet that the Fed would cut this year when she directed the Treasury to issue T-bills over bonds and notes. The Fed has a “mountain” of its own to contend with – unrealized losses they’re holding onto. We need to ask ourselves two questions (at least!): Are they sprucing up the balance sheets’ appearance by cutting rates? Or are we peeking over the edge of an economic

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] The markets are all over the place, and with the Fed decision looming, things are heating up. 🔥 Sectors are driving the action, but what happens if we get a 25 bps rate cut? It’s not just the cut that matters — the Fed’s guidance will be crucial for the next move. We’ve got volatility checks, risk/reward insights (still looking skewed, btw), and a dive into the SPX expected moves: last week’s 128.87 vs. next week’s tighter 100.75. Is this just a quiet moment before the real storm? Stay tuned!

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] PPI data came in above expectations today, but still, in the grand scheme of things, below levels that would give the Fed heartburn – if they even get heartburn. Today we’re going to look at how crude oil, Texas tea, impacts that same inflation data. What’s more, we’ll look at my charts and see what we might expect if oil prices bounce from today’s levels and return to previous resistance. Why the emphasis on oil? Well, I think we may have an opportunity to get into some long positions on energy stocks like Exxon Mobil (XOM), Chevron (CVX), and a few others I’ll name. We’re also going to check out a topping pattern in the US Global Jet ETF (JETS), which is always sensitive to moves in crude – we could be looking at a bearish move there. There’s a

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] confirmation that the Fed will cut rates by 25 basis points. So of course, stocks took off like a shot – just kidding. They didn’t. They tanked steadily until just before lunchtime… then they took off in a 2% reversal rally. That sounds great, but there’s more going on here than meets the eye. I’ll walk you through – what you can expect and how to get in position right now. Come on in…

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] Stocks are giving in the ol’ college try for a bounce here, but I continue to see warning signs internally. For one thing, the Japanese yen is rising – as are bonds, which tells me capital is still seeking refuge in safer areas of the market. So, there’s room for improvement. That’s not to say we’re short of opportunities. Setups continue to develop, but they’re not in what you’d call the most bullish sectors. Here’s what I mean…

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] The big index was up nicely today (after the worst week since Silicon Valley Bank blew up). Verizon (VZ) and Nvidia led the way as Apple (AAPL) failed to dazzle with its product-line reveal. If you take a step back and consider the market’s current prospects, it becomes clear that, for everything that’s happened, players are still suffering from “shiny objects syndrome.” The idea that we’re attracted to stock razzle-dazzle isn’t a new concept of course, but how much longer will investors bite on any flash from a “shiny” object? As I’ll show you in a moment, it’s all too easy for investors to chase shiny objects like Palantir (PLTR) and Verizon (VZ)… only to end up eating away at their own long-term returns. Here’s what’s happening – and what I think is the real smart play at a time

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] The S&P 500 has taken a big downside hit, lower by almost 1.7% toward the close. We saw an intense concentration of liquidity and volume – more on that in a few. It’s clear that a lot of deadwood has been cleared out. If you weren’t prepared for this, you’re in serious trouble. (I’m sure everyone reading this was prepared, though!) But I’m not about doom and gloom – I’m not going to talk about why the market’s down. In tonight’s video, I want to focus on all the juicy opportunities on the table for the taking amid this emerging sell-side activity. Let’s dig in…

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] Data-focused investors and traders sat down to some of the softest hiring growth data in nearly four years today… and they reacted accordingly, sending stocks mostly lower. Weak jobs data adds up to a weak consumer finance sector. At the same time, as the numbers get worse, we’re seeing some consumers tighten their belts, which is taking consumer discretionaries down. Of course, not everyone’s gotten the memo. Millions of consumers that aren’t belt-tightening are racking up record-high levels of credit card debt. What to make of it all? Well, that’s what we’ll talk about in tonight’s video. We’re going to look at two key consumer finance companies, including CapitalOne Financial (COF), and how they’re stacking up against the Select Sector SPDR Consumer Discretionary ETF (XLY). Let’s dive right in…

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] There’s some big data coming our way this week: jobs data. We’ll get a glimpse of how the market is primed to receive positive or negative news, whether it’s “bad news is good news”… or the other way around. The Fed, of course, is set to cut rates this month. The market could take them at their word, which would mean a disappointing jobs number might hand us a selloff from here. I have good reason to think that may well happen. The SKEW index ramped up to 163 yesterday and the VIX was pegged above 20. Rising SKEW is indicative of increased hedging and rising crash risk in equities. What’s more, VX futures are in backwardation, with contract prices falling from the front month all the way out to November expirations. However, the escalation in the VIX, the quick