Stocks Sell while Silver Surges
The big news of today's session was Silver (SLV and /SI) surging over 6% on a breakout event, while Gold (GLD and /GC) rallied along with Crude Oil (/CL). However, over in the stock market, Energy and Financial stocks rallied while major tech stocks sold-off today, creating a "tale of two markets" between the /NQ…
Netflix Misses Earnings! What it means for the NASDAQ and Broader Market
The big news after hours today was the drop in shares of Netflix (NFLX) after a "swing and a miss!" sent shares lower on an anticipated earnings report. In tonight's video, Corey walks you through the "Earnings Expected Move," what levels to watch overnight, and how NFLX will likely affect the NASDAQ and broader market…
Stock Market Levels and Plays in Oil, Gold, and Treasuries
With today's rally, Corey updates our key price levels especially in the NASDAQ (/NQ) and /ES for what to watch and how to adjust positions in the future. Beyond focusing on stocks, we also identify ongoing trades and Risk-On/Risk-Off strategies currently playing out for Gold (/GC and GLD), Crude Oil (/CL), and Bonds (/ZB and…
Bonds Surge, Stocks Fall, Tech Rises - What Now?
You're not alone if you were perplexed by today's price action, namely with everything working as planned… except for the stubborn strength in leading tech names. In tonight's video, Corey highlights the ongoing bond market surge and breakout along with the majority of stocks (in the SP500) falling today (some with large declines) but all…
Trading High-Flying Tech Stocks Back to Earth
You may have noticed leading tech names trading straight up, but today's session might be different and setting up meaningful pullback. In tonight's video, Corey highlights key names including AAPL, MSFT, AMZN and others setting up aggressive 'fade' trades using vertical spreads for a 'pullback' trade opportunity.
Still More Highs for the Holiday Week
Stocks - at least the SP500 - held support of Don's Gravity and the lower Profile Extreme to rally back toward 3100. Along that short-term bullish journey, some key stocks including Amazon (AMZN), Microsoft (MSFT), and Netflix (NFLX) made new all-time highs while Apple (AAPL) fell a few dollars shy. Which 'strong stocks getting stronger'…
Key Stocks Leading us Off the Edge of Support
Despite a near-miss of Don's 2983, the market reversed powerfully higher after holding the 'edge of the cliff' mentioned last week. Which stocks lead the rally higher and what's the trade logic from here during this holiday week? Corey highlights those in tonight's video.
Bulls Grab Control into the Close - What Now?
After a sell-swing to support, buyers seized control into the close on the all-day strength of leading financial stocks such as Morgan Stanley, JP Morgan, Citigroup, and others. In tonight's video, Corey highlights the financial sector, the profile support plan (playing out now), and a quick update for Oil, Gold, and Bonds in this environment.
Tech Leads Us Higher but Will it Last?
We saw yet another day of tech stock leadership driving the NASDAQ and XLK to new highs along with major uptrending stock AAPL and AMZN with NVDA and others at new highs. What's the short-term 'fade' play for this week balanced against the longer term uptrends? Corey discusses this in tonight's video.
Market Living on the Edge Before Expiration Friday
Get ready for a breakout! The market spent most of this week in a tight range but that's likely to change Friday. In tonight's video, Corey talks expected move for tomorrow, strong stocks making new highs, and as always the critical 'edge of the cliff' price level in play tomorrow ahead of a likely high…