[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] Fed pauses as expected, but then surprises the market with their expectation of 2 more rate hikes by the end of the year. They also increased their GDP estimate and lowered their unemployment expectation. Good economic news should be bullish, right? Here is the key level to watch for the remainder of the 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] We had cooler inflation data in this morning’s CPI report, setting the stage for a pause or “no change!” in the Fed Funds Rate at tomorrow’s meeting. But what will Powell say about the future of inflation and whether there will be a rate hike in July? That’ll set the stage for the next month and beyond – get your key updates and trending stock scan in tonight’s Theo video.

[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] Retail traders are back after a hiatus and they’re just in time to bid the markets higher ahead of key inflation data and the FOMC policy statement. Sure it’s risky, but time will tell if it pays off or if it’s a replay of the 2022’s version of the strong and the weak. Fact is, markets should be primed for some profit taking, the only question is how frenzied can things get (INTC, AMD, SOXL, ORCL, KR, XLI, CCJ, ZM).

[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] – NQ finished the week FLAT! – Mega market cap squeezes invert IV skew – IV SKEW near record highs – Will FED place its PAWS on the markets? – The triple witch returns will volatility? Get your trade on – This week’s Profits and Losses – Closed META bearish put spread – Closed /ES puts 50% gain – Opened new /ES short puts against hedges – TSLA IV Skew sets up this opportunity SPX Expected Move – – Last week – 55.02 (expected move 5 day week) – Next week – 65.29 (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 economic revisions and how they show the true state of the economy and how the revisions are both justifying more rate hikes while also signaling a shift in consumer spending. We also look at selling high end stores and restaurants while buying discount store and fast food chains…

[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] Tech sector rattled while energy and financial stocks rally. After a massive run up in tech everyone in scrambling at once to rotate out of tech and into other sectors. Here’s what to look for to see if the rotation will continue…

[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] While the NASDAQ (tech stocks) and SP500 were “massively unchanged” (flat) today, there were some key surprises both in the small cap index Russell 2000 (RTY and IWM) along with some surprising stocks showing relative strength by making even more fresh new 2023 highs. Where are the pockets of surprise strength and what sense do we make out of today’s flat market? Find out in tonight’s video.

[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] Apple’s first new product category in 8 years is a mixed-reality headset for $3499. After watching the mixed-reception in the company’s share price, does this represent the peak in Apple as it makes a new all-time high? (AAPL, U, RIG, GM, KEY, COIN, XLV).

[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 range has been broken! – The breakout above 4230! – The up before the down? – Stocks no one wanted to touch being bought! – CAT, XLF, XLE, IWM Get your trade on – This week’s profits and losses – Closed /ES 3300 short for 50% gain – Closed GLD in/out spread 30% gain – Opened META in/out put spread – Opened short calls as we tagged upper SPX EM! SPX Expected Move – – Last week – 79.57 (Expected move 4 day week) – Next week – 55.02 (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 comments from Fed President Harker and the market reaction to a potential pause. We discuss inflation and equities and how a pause in raising rates will likely see commodities and equities move higher. We also considered the risk of higher inflation without another hike.