Your Guide to the "In-Between" Market and Financial Earnings in Play this Week
We find ourselves trading the "in-between" market at the moment as we await earnings this week from major financial companies. In tonight's video, we update the key index price levels we're trading and targeting and then pinpoint the key financial stocks within the XLF (financials ETF) that could spark volatility later this week…
What Does the Options Market Know About INTC Earnings?
Intel Corporation (NASDAQ: INTC) found itself down over 2% late in the session Today. The movement stood out as the S&P 500 and the Nasdaq 100 were mostly unchanged. While INTC has underperformed on the year, it has been consolidating over the past coupe months. However, today’s move and option activity suggest that something may…
Mixed up Monday as Risk Parity Party Fades
Bond funds and stocks head lower as financials fade it's early strength and the market finishes near lows. These dynamics are making it rough for those using bonds to offset stock losses. Looking at the sector performance, today's finish makes this week's bank earnings interesting. Luckily there's unusual option activity in VZ, VRAY and DBA…
Option Bulls Taking Another Shot at EDU
For EDU, the move was tied to new regulations on after-school tutoring and not allowing classes on weekends, holidays and during some breaks. The reaction from the share price was palpable, but more importantly, it’s created significant uncertainty of CCP policy on publicly traded stocks. How are investors supposed to consider the future revenues and…
Is Buying the Dip Dead?
Market Update---Sector Analysis and Expected moves-Volatility Check-Bearish bonds threaten to stall markets-Dismal jobs report-Energy gets a scary bid Merry-Go-Round of Risks--headwinds for dip buyers--China-interest rates-inflation (leading to earnings decay)-FED tapering-supply chain constraints (Xmas season) Trade Opportunities---DOW performance and Goldman Sachs-Energy Pull Back SPX Expected Move----last week EM-- 89.00--next week-- 80.10 expected move
Candlestick Patterns 101: Shooting Star
Thursday’s gap and over indecision looked poised to form many abandoned babies. However, the ugly jobs report didn’t provide the degree of movement to yield many of those. As a result, some stocks and industries that did weaken formed another bearish pattern called a Shooting Star. Shooting Star Basics When analyzing candles, the size of…
Your Big Market Update ahead of the Friday Jobs Report
Tomorrow morning gives us the big monthly Jobs Report or Employment Status as we start trading and framing a new month. In tonight's video, we pinpoint our key make-or-break price levels and tactics for the broader indexes and then step inside the top 6 largest market cap stocks for planning their key levels beyond Friday's…
Candlestick Patterns 101: Abandoned Baby (Bearish)
If there is one thing that the current market is providing, it’s a lot of rarities. With today’s gap and tomorrow’s employment report, the potential that Abandoned Baby candle patterns may appear in abundance is pretty high. With so many stocks that have gapped and are forming tight ranges and small real bodies, a gap…
The Options Market Building Bullish Case for Gold Stocks
If there is one thing that gold and gold stocks like, it’s stagflation. Stagflation is when growth is flagging, and debt and monetization are rising. While the Fed is on the path of tightening in the coming year, the spigot is still open and the raising of the debt ceiling is certainly not deflationary. With…
How to Buy Dips and Not Get Crushed
The stock market has been on a roller coaster ride this week with massive intraday moves. Here's a way to take a directional bias without getting your head lopped off…
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