An October Surprise Damages Tech
Presidential Covid---covid may have been the catalyst but the outcome was sell tech.--correlation breakdown--no diversification--where was the rush to bonds? Unexpected divergence---IWM ripped EM... in all directions!--XLF--XLE--QQQ whacked and where is the vol? Bounce and Fade is working---LULU--NVDA--IWM? SPX Expected Move--last week-- 87.75 (expected move)--next week-- 89.70
Still Looking to Tech Leaders for Clues
Tech stocks and the NASDAQ got another bullish boost today as Netflix (NFLX) surged 5% higher in today's session alone. In tonight's video, Corey takes a moment to walk through each of the tech stock leaders including Amazon (AMZN), Apple (AAPL), and Google (GOOGL) for updated support and trade levels as we begin October...
Wild Trade Engulfs the Markets
Markets go on a wild ride today. After reversing and giving up a big gain on the day where do we go from here and what trades should you be looking for? Watch this video newsletter now...
The Bulls and Bears Debate - Stocks and Markets in Play Now
Though tonight is debate night, we're taking stock of the market now and what key levels continue to influence our trades. In tonight's video, Corey highlights expectations and setups in Crude Oil, Gold, along with index futures and the top bullish trending stocks making new highs squaring off against the top downtrending stocks making new…
Do You Want to Sell this Rally?
Markets scream higher without the monsters of tech today. The broad based rally which saw every stock in the S&P 100 up just means traders are piling into the futures markets. Here's what else to look at to decide whether or not you want to sell into this rally…
It is Not a Bottom Until Big Tech Says It Is
Nasdaq outperforms in another sketchy trading week Massive daily ranges--Monsters of Tech did not lead the selling--Expected Move--Volume--Volatility Underperforming sectors are... well, underperformingIWMXLFXLE Is the dollar the new volatility indicator? VVIX falls under 100, yes really! Opportunities in VIX Bounce and Fade is back! SPX Expected Move--last week-- 83.11 (expected move)--next week-- 87.57 (wow really)
Here is the Critical Make or Break Level for Stocks going into Next Week
It's feeling like a repeat scenario where stocks fall, hold support, fall a bit more, hold that support and repeat, but each time we fall, the risk increases for a larger drop-zone event. In tonight's video, Corey highlights these critical levels in the SP500 (/ES) along with the 10 largest stocks by market cap, pinpointing…
Sell–Side Activity Becomes Heated
Markets sell off today down to the lower edge of the expected move for the 2nd time this week. Also, the S&P is within grasp of the 3211 gravity point. Tomorrow is a crucial day in the market. Here are a few possible outcomes…
Stocks Step Back from the Edge of the Cliff... for Now
While some leading technology stocks tumbled into the drop zone beneath them, other stocks held key support as we see an early week bounce-back. In tonight's video, Corey highlights not just the tech stock update but also a couple uptrending stocks making new highs - along with a handful of stocks making new lows in…
Persistent Selling, You Worried Yet?
Strong selling early in the session before tech rebounded and sent the NASDAQ closing slightly higher on the day. However, all signs are pointing to the selling not being over. Here's what to look for the rest of the week…
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