[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] After days of stalling the S&P 500 failed to get above the major trendline and sellers came in swinging. Financials fall outside its lower weekly expected move. The S&P has hit its lower edge of the Expected Move. Will the EM hold or are the bears back?

[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 saw initial selling in the market today and will be watching this particular key price level very closely in this week and beyond. With most of the financial earnings behind us, we will see many more major companies report earnings next week but in tonight’s video, we pinpoint trade ideas in leading ETFs and what the “risk/reward” price targets are through this week and next – whether we get that reversal or if “this time really is different.”

[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] -Above 3931 and away we go! -Financials eek out gains, do earning matter? -On the edge, of expected moves -Market stalling out? Get your trade on – This week’s Profits and Losses -Covering short premium for 50% -Catapult VIX vs /ES -Inflection Point Spread micros SPX Expected Move- -last week – 98.31 (expected move 5 day week) -next week – 64.78 (expected move 4 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 evening video, we broke down the expectations of fireworks ending up a flop after the CPI release. We looked at the details in CPI which seems to be demonstrating food and energy and essentials remaining high which will only add to a more thrifty consumer. We looked at key sectors and the declining expectations of Fed rate hikes through the upcoming year.

[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 bad binary event will be tomorrow as CPI is released. This pivotal data point can send the market screaming in either direction. Here’s what you need to know before the major market event…

[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 tonight’s video update, we focus on the upcoming big events this week surrounding Thursday’s CPI (Consumer Price Index) pre-market announcement and then Friday’s focus on earnings from key Financial Sector stocks. In addition, we pinpoint which stocks are leading the rally with double-digit gains so far in 2023 and which smaller number of stocks started the year weak. Know your levels and expectations from tonight’s video update…

[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] It started out so promising with a large rally in semiconductors. However, the optimism faded as the reality of Fed Chairman Powell’s speech on Tuesday and CPI data on Thursday. While the market remains more bullishly biased as volatility-based indicators aren’t peaked, it’s still a wildcard if the Fed pulls the rug and CPI disappoints. Nonetheless, Fed Funds Futures are pricing in a rate cut in 2023 despite the Fed’s Bostic outlining a different plan. (AMD, NVDA, OXY, RIG, XLE, KBH, RL, KHC)…

[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] -Trade is sketchy…fast, broken -Jobs/durable goods -Rates / financials -Binary range is back 3800/3900 -Careful with your allocations, coin flip! Get your trade on– This week’s Profits and Losses -Covering short premium for 50% -Catapult TGT vs. /ES -Inflection Point Spread micros SPX Expected Move -last week – 84.01 (expected move 4 day week) -next week – 98.25 (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 tonight’s video we discuss how ADP Jobs data and Job Openings and Labor Turnover Survey (JOLTS) can be predictive in the Federal NonFarm Payroll data. We also highlight the predictive power of employment data on future Federal Reserve rate hikes.

[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] A blistering rally into the close doesn’t shake off the fact that volatility still rules the markets and continues to show us just how dangerous trade can actually be, especially on an intraday basis. Tune in as Don breaks down today’s tape and explains why we all must, “tread lightly” in the days and weeks to come…