Candlestick Patterns 101: Stick Sandwich
If you’ve been following what’s been happening in the S&P 500 over the past week, it looks like it’s sandwiched between a rock and a hard place. In candlestick terms, it’s referred to as a Stick Sandwich. The initial sandwich that began on September 30 has added more toppings in the last couple days compared…
IYR Option Activity Shows Renewed Bearish Interest
If you were following iShares US Real Estate ETF (NYSEARCA: IYR) you likely noticed a large option trade that included two expirations and 4 strikes. This type of trade isn’t unusual, but it is significant because of its size and direction. We’ll take a closer look at the trade in just a moment, but to…
Yields, Energy, and Stocks: Your Update for What's in Play Now
We're continuing to watch how yields are affecting the stock market and potentially the broader economy along with the quick rise in energy prices and stocks related to the energy sector. In tonight's video, we pinpoint what levels continue to be in play and why we're being careful at current levels. Also there's a surprise…
Another Mixed Bag for the S&P 500 as FB and AMZN Falter and TSLA and Utilities Bid
The S&P 500 finished off the lows of the session, but didn't get any help from the Monsters of Tech. The outage and whistleblower for Facebook Inc (NASDAQ: FB) proved too much for the bulls and Amazon.com Inc (NASDAQ: AMZN) tested it's August support. While those names were being sold, Tesla Inc (NASDAQ: TSLA) closed…
Markets Have Hit A Serious Volatility Inflection Point
Risk has Enveloped the Markets-- --Dollar breaks-out --Bonds have become a double edge sword --where's the implied volatility spike? --SKEW softens --front month premium low relative to movement --dynamics of professional trade in volatility Sector Analysis- --monsters of tech underperform --financials feel impacts of rate changes --energy is the gainer but that may change --focus…
Candlestick Patterns 101: Bullish Breakaway
Sometimes you experience a significant amount of selling, only to find buyers rush in. That should sound relatively familiar after what we experienced this past week. There probably isn’t a more representative candlestick pattern than a Bullish Breakaway. Bullish Breakaway Basics As you’ll see in the description, Bullish Breakaway’s aren’t the most common pattern. However,…
Markets Fade Gently as Retail Stock Chaos is Now on Deck
The S&P 500 tested new weekly lows as traders sold into the close. The most concerning thing for bulls is how orderly it was done. While the selling in the broader market was orderly, Bed, Bath & Beyond (BBBY) collapsed following it's earnings report. Are their earnings a prelude to a very troublesome outlook for…
Candlestick Patterns 101: Advance Block
Candlestick patterns like the Advance Block are all about short-term reversals in the trend of the price. When you have a period of significant selling, knowing when to go long is important. However, the amount of confirmation needed to go long can vary. With any setup, it’s about risk, reward and probability. The better the…
What are Sectors Saying about the Risk in the Market Right Now?
In tonight's video, we start by highlighting a clear message sent by sector leaders and what that likely means for the broader market. Then we discuss the critical target price levels we're watching and trading in equity indexes along with a warning from the bond market we need to continue monitoring…
Volatility On the Verge of Exploding!
Stocks begin to make another leg lower today. The key thing to watch is the weekly SPX expected move. The SPX is trading below the lower range which means dynamic hedging kicks in and can take the market even lower. This could be a make or break week for the markets. Watch this crucial video…
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