[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 Theo Evening Video, we highlight the nine major sectors (ETFs) and pinpoint the strongest and weakest in play and then drill down to some of the leading stocks and what they’re saying both about the sector and the broader market in general as we continue moving toward the start of a new 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] Positive data today pushed stocks lower as the U.S. Dollar strengthened. With a bullish October and November, is December slated to be a dud, or is this only a bump in the road to a strong finish to 2022? (KRE, BX, MS, ACRE, BTU)

[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] -Market of Data Dependency! -JPOW -Fed goes dove? -263k – Employment situation beats -Weeks worth of moves in minutes -Next big boy data Dec 13, 14th -Sector updates.. XLF, XLE, QQQ Get your trade on – This week’s Profits and Losses – covering short premium /ES, QQQ, SPY intraday – new ideas, XLP (retail in trouble), SBUX SPX Expected Move -last week – 76.22 (expected move) -next week – 66.51 (expected move)

[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] Friday morning will give us the monthly “Jobs Report” or Non-Farm Payrolls and any major surprise could once again move markets as we saw this week. Outside of that, we update our stock market plans along with a quick overview of Oil, Bonds, Gold, Silver, and the US Dollar and what levels we’re watching closely. Finally, we take a quick look at earnings outcomes for Salesforce (CRM) and highlight which stocks made new 52 week highs in today’s price action…

[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 explosive rally, brought to you by Jerome Powell, reminds us all that volatility, in this marketplace, is far from over. In addition, there remains an immense amount of risk, still to come, in the employment numbers due out this Friday morning. It may also stand to reason, that we may see a slight pullback before the end of the week. Buckle up folks, we may be in for a bumpy ride!

[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] Salesforce.com (CRM) is the only major stock reporting earnings tomorrow afternoon so we pinpoint the option-based expected move targets for its earnings. We then highlight the main events on the economic calendar that could move markets and there are some big ones. Know what to expect as we wind down November and get ready to start December.

[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] One of the strengths to the market in 2022 has been the energy trade. Back from 2020 obscurity, it looked like it was poised for the next secular bull. However, with recent data pointing to weakness headed into 2023, it didn’t take much for Fed Speak to drive energy equities lower. As the dollar positions itself to rise, oil stocks may be poised to fall on outlook and spoil the end-of-year rally. (UUP, XLE, XOP, ERX, AGNC)…

[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] Is Santa’s Rally Coming? -Sector update – QQQ, XLF, XLE, XRT, XLP, XLU -jobs is coming! -too data dependent, cannot bank on ANY move! Volatility is on the move- -SKEW, VVIX higher -will VIX follow suit? Get your trade on – This week’s Profits and Losses – GOOGL, /ZB, limited range great for premium sales – new ideas, Inflection Point Spread, Catapult! SPX Expected Move – -last week – 72.27 (expected move) -next week – 76.22 (expected move)

[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] Market grind higher in holiday tape. This is a time to be cautious as SKEW and the VIX have started to rise. Markets are getting up to a few key areas. The next 2 weeks will have critical data coming out that will determine the Feds next move. Have a Happy Thanksgiving.

[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 have a holiday week in motion but Wednesday could have surprise volatility with early morning headlines and the Federal Reserve’s Minutes. Outside any surprises, we may easily continue this bullish ‘holiday week’ drift. We also see what’s similar about the Top Five Strongest stocks and the Bottom Five Weakest stocks of the year (and sector performance) and what that may mean for the rest of 2022.