CPI, PPI, Oh My! Will Inflation Data Finally Break us Out of this Range?
Although we've had non-volatile trading sessions, that could change this week with an onslaught of inflation and economic data (retail sales) potentially surprising the market into a breakout. In the absence of any surprises, we're likely to trade lower and remain in this longer-term volatility box as described in tonight's video. Be prepared!
Earnings Season Kicks Off This Week as S&P Earnings Estimates Slide
While Europe was closed today, the S&P struggled to find its footing as bank earnings will kick off the 1Q earnings season. While the S&P 500 has been grinding higher, earnings estimates and margins have continued to fade. While the bigger picture looks bleak, stocks have been surprising to the upside. (MU, AMD, BTG, SVM,…
The Pause Before the Storm
--Quiet week? Long live 4106 ! --Short interest still record high --sectors expected moves --hike or not to hike? FED --risk on risk off --VIX, Bonds, Gold, Dollar, Oil -CAT, COST, WMT, INTC, META, HYG Get your trade on-- This week's Profits and Losses --closed /ES 3225 & 3275 puts --closed INTC --opened WMT position…
Rectangle Range and Risk Off Plays in Focus: Your Midweek Market Update
In our holiday week, we're having more range or sideways action in stocks but big moves in some commdities including Oil and Gold. In tonight's update, we pinpoint the wide and lengthy trading range 'rectangle' prices to frame your trades including current opportunities in play for the weeks ahead. Then, we finish by highlighting a…
Job Openings JOLTS Markets
In today's video we break down falling Job Openings and the impact on the economy. We look at consumer discretionary, automobile manufacturers and leisure as the first areas to see a decrease in consumer demand.
Commodities Rock as Banks Look Out Below
OPEC news over the weekend caused oil to soar into backwardation today on significant option activity. While oil was rocketing higher, gold and silver saw significant option flows as higher inflation brought banks back into the light. High oil prices may make the inflation monster more formidable and will box the Fed in even more.…
Are You Chasing this Market Rally?
--overbought insanity? --record shorts make for an ideal squeeze --employment on a Friday but Good Friday! --financials/energy up this week but still lagging --tech IS the market !! Get your trade on-- This week's Profits and Losses --covered short /ES puts --closed META bearish trade for 30% gain --sold calls on /ES --new Catapult MSFT…
Tech Ripping but Financials Slipping?!
In Today's video we looked at the rally in the tech sector wile financials continued in a weakened state. We discussed interest rate hike potential and the impact of 50 50 odds of no rate hike. Also, we looked at real estate and pending home sales in this market...
A Rally Before a Rout?
Does negative sentiment, earlier in the week, hint that today's rally may not be all that it seems? Are quarter ending numbers just window dressing for portfolio manager statements? Tune in to tonight's video to hear Don's take on things and find out where we are in our expected move for the week....
Financials and Tech Continue to Split: Your Sector Trade Ideas for the Week Ahead
Financials (XLF) took the largest hit recently with money flowing into the safety of Gold, Bonds, and even technology (XLK) companies, but that money flow is shifting at the moment. In tonight's video we pinpoint the current trade opportunities for Financials and Tech along with other sectors setting up trade logic (and which ones have…
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