A Sell-off, Retail Earnings, and the Fed - what's Ahead
Today was a volatile session for stocks as retail names including Home Depot (HD), Lowe's (LOW), and others sold off sharply along with the broader market where equity indexes were down 1% today. The week ahead has added volatility from additional key earnings releases and the Federal Reserve's annual meeting and speeches this week so…
Healthcare Rallies to Steal the Show
Stocks reverse and hit new highs led by healthcare. In today's update we look at unusual options activity in key stocks and sectors…
Are Markets Stalling a Sign of Risks to Come?
Realized Volatility is DEAD --SPY vs QQQ--implied vol 50% higher in the QQQ--bizarre when Bonds move more than indices Volume is DEAD--SPUZ think is x-mas break!--gamma risk continues to mount--bonds volumes still rockin' means this...--retail trade is down and out SPX Expected Move--last week EM-- 48.34--next week-- 49.97 expected move
SP500 Breaks New High on Worrisome Volume and Internals
If you only see the headlines, you'll likely celebrate the positive news of another new high in the stock market. However, take a quick look beneath the headline and you'll be shocked to learn that new high was made on extremely weak volume and internals which should give you pause. In tonight's video, Corey highlights…
When Will this Indecision in Markets End?
The ball of risk at these levels continue to get tighter and tighter. Here are the key stocks and sectors to watch to find out when this market indecision will end…
Tech Stocks Split with Financials as SP500 Extends New Highs
As has been the case, it wasn't all bullish today, despite the SPX (SP500, SPY) creeping to another new all-time high on the strength of financial stocks. The weakness came from the technology sector (NASDAQ and QQQ with XLK) as bonds and yields are coming back into focus…
Commodities SKID as Biotech and EVs Bid
Gold and oil see red as biotech and EVs were bid strongly (QS, PLUG, FCEL). The option activity points to a potentially volatile week in Biotech (MRNA, CLOV, NVAX) and EV names as the RSI indicator for the S&P 500 is sitting at an extreme level…
Will Bonds Redefine Equity and Index Markets?
—the range that defines the SP500---back to all-time highs?—allocation issues—Employment Situation—Bonds tank—Financials explode on higher rates—CPI is coming --Back to Bond Dynamics Financials Running Amok!—Goldman Sacks—Discover Card Financial—Morgan Stanley SPX Expected Move--last week EM-- 65.00--next week-- 48.34 expected move
A Sneak Attack to All Time Highs
In another "blink and you miss it" moment, the broader SP500 and NASDAQ along with SPY and QQQ crept once again to a new all time high but it really did feel far more like a sneak than an outright strong attack. Nevertheless, behind those headlines you'll hear about, the Russell 2000 (IWM) remains weak…
Is This Range Defining the Markets?
The S&P has been a tight range for a long period of time. The ball of risk at the same level continues to grow and will explode either higher or lower. The rotation between Bonds, financials, and tech continue to be the main driver…
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