Markets Get Defensive Ahead of Wednesday's FOMC
It was a cadry of interest rate sensitive sectors that led today as the U.S. Treasury market rallied on Monday. Not exactly the inflationary picture that is driving the more hawkishly toned Fed to tighten a more quickly. Of course, that result will be known on Wednesday, but the positioning in the stock and bond…
Should You Fight the Fed?
-mega market cap led market move -A tale of two markets -64% of 23% YTD gain in Nasdaq (3780 stocks) down to just 5 stocks Microsoft/Google/Apple/Nvidia/Tesla -Risk/Reward in jeopardy -Federal Reserve meets Untamed Inflation -Bid Back or Fed Taper Smack - watch rates! SPX Expected Move -- --last week -- 157.12 (expected move) --next week--…
Earnings Bonanza! Your Guide to Friday's Specific Price Levels for Earnings Plays
Thursday afternoon gave us a variety of earnings plays for aggressive traders, and key price target levels to set potential reversal trades for Friday's trading day. What are the levels and what's moving after the close today? Find out and update your price targets for Costco (COST) and others in tonight's video…
Will Volatility Come Raging Back?
The S&P 500 meandered today around the upper edge of SPX Expected Move for the week. Is this just a breather to new highs or will the volatility return? Don answers that crucial question in today's video newsletter…
Market Pulls the Rug Again with Bullish Bounce - Your Updated Plan
Sellers had a strong chance to drop the market lower through key support levels, but alas the outcome was yet another one of the many bullish bounces from pullback lows in the market. In tonight's video, we update all critical price and target levels in the ongoing trend and highlight where the strength is coming…
Market Edges Higher as Bonds Falter and Option Bears Come Out
Stocks found their way higher without the usual leadership as tech generally lagged. While staples and utilities led, it was bonds that were taken to the woodshed. As Treasuries largely gave back their gains from Friday, it was the options market that was pointing at more downside before the FOMC meeting next week…
Has the Great Market Unwind Begun?
-Mega market caps taking a hit -TSLA, NVDA, GOOGL. MSFT -Jobs number a huge miss -FED nixes “transitory", accelerates taper -Bonds go on the defensive Volatility Update— -/VX vol futures cross backwardation and back -VIX over 30 -VVIX in never never land -SKEW still rockin’ -expected moves and IV ranks explode Strategy Talk— -Buying calls…
Jobs Report, Market Bounce, and Apple (AAPL) Stands Alone Today
If you looked at the majority of stocks and sectors in the green today, you may have thought all was well and bullish in the market today - but Apple (AAPL) told another story. In tonight's video update, we prepare for Friday's Jobs Report and update our key market levels as we begin the new…
Dip Buyers Denied!
The The bell could not ring fast enough this afternoon as we witnessed a crazy reversal in the marketplace denying dip buyer opportunities that seemed apparent. Don remains forward looking on what we can anticipate for the remainder of the week and into the next, and sums it up in one word, volatility!
Twin Headlines Send Stocks Sharply Lower: Your Update Targets for Today
Though the markets didn't need a reason to sell-off from such an overbought and overextended level, this morning provided the stock market two big bearish catalysts from headline news events. In tonight's video we pinpoint key price levels and future potential targets along with a scan for weak stocks getting weaker, highlighting key stocks in…
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