[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…

[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 2022, many were hoping for an early reversal in 2023. After an early rally, stocks like Apple Inc. (Nasdaq: AAPL) began to drag the market lower, losing its $2 trillion market cap in the process. While the tenor was more bearish, the late-day rally found the market close to where it finished 2022. During the intra-day volatility, it was gold and energy that looked to solidify their trends with significant option activity. (GDX, XLE, TEVA, GRAB)

[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 will persist— —Dodd Frank —Volcker rule —bona fide hedging —cost of carry will pressure dealers —FED influence; we are not at zero% anymore! What will work in the new year— —Sell premium —reduce risk via actively hedging —catapult and infection point spreads Get your trade on– This week’s Profits and Losses -YTD P/L -New Catapult -CAT vs /ES -TSLA vs /ES SPX Expected Move– –last week– 70.59  (expected move 4 day week) –next week– 84.01  (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 todays evening video, we reviewed the signs of today’s rally being driven by retain traders and not institutions. We also reviewed Monetary Supply (M2) and Inflation Data on the economic tab. We noted the current M2 and PCE is indicating we are headed to a deflationary environment in 2023.