What Does the Options Market Know About Micron Earnings?
There is a fair amount of randomness to an earnings announcement and Micron Technology Inc (NASDAQ: MU) is no different. It seems that price does what it wants a lot, which can be really difficult to trade. At TheoTrade, we use the Expected Move Indicator to understand market expectations. However, you still have to make…
Markets Pause as the Debt Ceiling Trade is Engaged
With the first stage of the debt ceiling kicking in on September 30, what does that mean for the market? Well, today's neutral finish didn't provide a heads up, but the underlying trade in banks, bonds, and the dollar may be tipping their hand…
What is the Options Market Saying about Debt Ceiling?
The first hurdle in the debt ceiling saga is the September 30 deadline for funding Federal agencies or face a partial government shutdown. This would mark the second partial shutdown in the last three years. While the threat of an outright default is likely a non-issue, it is interesting to see how traders are positioning…
Will Rising Interest Rates Pressure Markets?
—Wild range on the week—Bonds down, rates up.—Bonds doing what the FED did not—Evergrande risk QQQ vs SP500 Get Your Volatility Game Face On!--QQQ vs SPY weekly EM--Intertest Rates VS. Tech--Tech NVDA, GOOGL, MSFT, FB--Home Depot--Financials SPX Expected Move----last week EM-- 95.29--next week-- 70.88
Candlestick Patterns 101: The Candle Body
History of Candlestick Patterns Candlestick Patterns were originally created in Japan during the 1700’s. They were used as a means of trading rice warehouse receipts—which represented the first-ever futures contract. They are referred to as candlestick, or candle, patterns because of the way the open, high, low and closing price is represented graphically. Candle patterns…
Relief Rally Surprises after the Fed Day
A bearish sell-off Monday was met with buying ahead of Wednesday's Fed Day and now one day later, markets rallied even higher continuing a surprise support bounce from the daily chart abyss. In tonight's session we discuss which stocks are leading the market higher and which key name continues to weaken in a new downtrend…
Candlestick Patterns 101: Dark Cloud Cover
What’s more ominous than dark clouds forming on the horizon. The temperature drops and the winds pick up as you sit back and await a torrential rain, hail or worse. If the skies turn green, you know that you better run for cover. From a price standpoint, what is the equivalent of dark clouds on…
SoFi Eye’s Bank Charter as Option Traders and Analysts Buy
The addition of a bank charter for SoFi only adds to the company’s “flywheel” marketing approach. SoFi uses their UI/UX tools to draw customers into other products within their ecosystem. The addition of bank balances only helps with the add-ons because of the share of wallet already being captured. SoFi Technologies Inc (NASDAQ: SOFI) advanced…
Here is Why Market Volatility Will Not Let Up!
The Fed releases their tapering plans which aligned with what was expected. With the tapering certainty can the market regain it's footing or will the market have a taper tantrum?
Your Key Update Ahead of the Fed
Wednesday gives us another "Fed Day" where it could be an impactful, volatile Wednesday depending on what the Fed announces for the future. In tonight's video, we set the stage for the plays and key price levels - with targets - in our major markets and are playing it safe ahead of the big announcement…
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