[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.

[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] Stocks continue to sell as 2022 comes winding down. The S&P is a short distance away from the lower edge of the weekly expected which also coincides with the top of the next volatility box. The next 2 days will be crucial as it will determine if stocks can hold or if the S&P breaks into the next 200 point wide volatility box.

[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] Today’s session saw additional new 52 week lows in some key stocks, sinking the NASDAQ to a decline of over 1% while the broader market was flat. Bonds pushed fell lower with the TLT losing 2% in a single session (as rates climbed again). Here’s your market update and sector check-up as we trade the final week of 2022.

[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 hurt locker! /ES 3800-3600 -focus shifts to AAPL (forget TSLA) -bonds backing (rates up) off but for how long? -financials will take damage if markets progress lower -do not look for surges in volatility… not yet! Get your trade on– This week’s Profits and Losses -closed all /ES options inventory with over 50% gains -closed all /ZB calls with over 50% gains -closed Inflection Point Spreads with 50% + gains -Catapult CAT vs /ES SPX Expected Move– -last week – 87.68 (expected move) -next week – 70.59 (expected move 4 day trading 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 the resilient economy freezing out the bulls while the bears thrive. Strong consumer confidence and a better than expected GDP has investors pricing in further Fed rate hikes in 2023 which equates to higher borrowing costs and delayed slowdown in demand.

[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] Holiday tape has the markets bouncing higher, but the overall bearish theme remains. Here’s a few stocks to watch for their next move lower. Plus the one stock so beaten up that I’m starting getting long…