Sell-Side Activity Continues as we Plan for the Inflation Data in Tomorrow's CPI
Stocks continued sliding lower in another series of volatile sessions after last week's Fed Announcement and Friday Jobs Report. For Wednesday, we're preparing to trade and react to the CPI or Consumer Price Index economic data tomorrow morning pre-market and what it suggests about inflation still heating up, or finally cooling down. We also pinpoint…
Despite High Volatility, SPX is Flat on the Week going into Fridays Jobs Report
After the Fed Announcement and Fed Funds Rate .50 Hike as expected, we saw a rapid surge of buying pressure into the market to end Wednesday and then on Thursday's session, all that buying activity gave way to large liquidation event centered on technology shares while bonds continued lower (and rates higher). Despite all this,…
Big Fed Day Wednesday - Where are Your Markets Right Now?
With the Federal Reserve announcement this Wednesday, we update our price levels and trade targets from key inflection points not only in the equity market, but Oil, Gold, Bonds, and the US Dollar. We also pinpoint key 'must hold' levels in leading stocks that will be in play not only Wednesday but going into Friday's…
Earnings Bonanza! What's Up, What's Down and How it Sets the Stage for Friday's Trades
The long-awaited earnings numbers - and initial market reaction - are in for Apple (AAPL), Amazon (AMZN), Caterpillar (CAT) and other key stocks. With split outcomes - and a few surprises - what will be the effect on the NASDAQ and broader SP500 market? Update your price targets and trades as we go into Friday…
NASDAQ Down 5%: What's Leading it Lower
We're in the heat of earnings season with major companies reporting this week including most of the "Monsters of Tech." However, two big names reported today after hours and sent shares tumbling lower, even after another strong sell-off in equities. In tonight's video, we pinpoint which stocks are leading us lower including updated levels in…
A Reversal of Fortune and a Trading Day - What's Ahead
Earlier in the week we had a rallying market with Netflix (NFLX) falling yet today we have a falling market with Tesla (TSLA) rallying. Just as the market is bigger than any one stock, broader money flow trends are playing out and in tonight's video, we focus mainly on the technology sector and the NASDAQ…
A Giant Netflix (NFLX) Surprise with More Earnings Ahead
After hours we saw a big price move lower on earnings in Netflix (NFLX) which could set the stage for part of Wednesday's trading day. Beyond that we have other key stocks reporting earnings today, tomorrow, or later this week and we highlight those along with a broader market update on today's sell-off in Oil…
Market Struggles with Inflation as we Prepare for Key Financial Earnings This Week
Stocks reversed course today, closing weak again Tuesday afternoon after another high CPI report confirmed we continue to see high inflation. Although the initial reaction was bullish, stocks sold off to new lows by the closing bell. Key stocks, financial including two on Wednesday and five on Thursday could add both volatility and clarity as…
Back to the Middle of the Middle Ahead of Financial Earnings Next Week
We continue to see the market caught in the "middle of the middle" of a wide volatile trading range as framed from the daily chart. In today's video, we set the stage for next week's beginning of key financial companies reporting earnings and pinpoint some surprising stocks both outperforming the market at new all-time highs,…
Your Price Level and Strong Stock Update Plan before the Fed Minutes
Wednesday will give us the "Fed Minutes" or deeper insights from the Federal Reserve on the state of the economy and the impact of inflation along with any more aggressive shift toward future rate hikes. In today's sessions, Treasury Yields spikes as bonds made fresh new 2022 lows in a continued downtrend. In tonight's video,…