[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] We’re not even halfway through one of the most active earnings and economic news weeks in 2023. Today’s session saw more upward drift in equities especially key tech names as we have Microsoft (MSFT), Google (GOOGL) and others reporting today, Meta (META) and others Wednesday, and Amazon (AMZN) with Intel (INTC) Thursday. Beyond key earnings, we have Wednesday as a Fed Day and more inflation data Friday – be careful and trade prepared.

[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] Technology has been tailing the past few weeks as its performance has found itself near the bottom of the list of 11 sectors. After such an explosive start to the year, it’s getting quiet and unexpected sectors like Financials and Energy are taking off ahead of a data-heavy week. Is this the beginning of the end of the bullish run or just more of the same neverending rotation? (CVX, OXY, MPC, JPM, BAC, KWEB, IQ, NIO, XPEV, VALE, FCX)

[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] –volatility suppression on a down day –a wild A/D line illuminates serious risks –bail before big earnings ? –FED 25bps, Powell quiet, yield inverted most since 81 –eventually we fade the AI/GPT trade SPX Expected Move– –last week– 56.05 (expected move 5 day week) –next week– 61.36 (expected move 5 day week)

[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] In today’s video we look at the recent housing reports. We discuss the slowdown in building permits, new housing starts and existing home sales. Additionally, we look at the S&P Case Shiller Home Price Index as a signal of consumer wealth and spending habits. We compare the negative moves in home prices to the negative moves in U.S. equities.

[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 bulls hit the bid and send markets over the edge of the weekly expected move. The risk is clearly to the upside as over the next 2 days market can explode higher. So far earnings season has been lackluster. Tesla stock is flat and Netflix is down slightly. Basically unchanged. Here’s what you need to know over the next 2 days so you can monitor your positions.

[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] AI stocks continue lighting up the market with surprise news from Microsoft (MSFT) almost single-handedly saving the tech sector (XLK) and the NASDAQ. Otherwise, it may not be as bullish in other areas of the market beyond the key tech stocks that drive the tech sector higher. In tonight’s video, we cover the financial stocks and then big names Netflix (NFLX) and Tesla (TSLA) which report earnings – and could easily move markets – tomorrow after the close.

[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] Last Friday kicked off earnings season as JP Morgan Chase & Co (NYSE: JPM) and other money center banks received mixed results. With Bank of America  Corp (NYSE: BAC), US Bancorp (NYSE: USB) and others on tap this week, we get a full complement to digest. Today, it was financials and tech leading as the S&P 500 nears Friday’s high of 4527. This is a level that moved over 2x the expected move for last week. (BAC, ZM, BB, COIN, HAL, NVDA, AMD, NEM, BVN)

[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] –Extreme moves- everywhere ! –SPX Expected Moves –Bonds –Dollar –Mega market cap –Financials –Energy –the Consumer ? –GIS, WBA, CAG / WMT, COST,  XRT SPX Expected Move– –last week– 59.00   (expected move 5 day week) –next week–  56.05 (expected move 5 day week)

[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] In today’s video we discuss the low Producer Price Index number indicating sliding inflation. We discuss lower inflation as a signal of fewer rate hikes and possibly a rate cut by the end of 2023. We also look at rising oil prices as a catalyst of a return to rising inflation in July and August.

[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] Markets exploded higher off this mornings CPI print which displayed cooling inflationary pressures. Don explores the SP500 breach of expected move and its implications for the remainder of the week as well as if the NASDAQ’s Magnificent 7 will continue to fuel this rally.