Support Bounce in Play but Will it Last?
Volatility picked up big time last week with the price sell-off but today's action continued the bounce off 2983 Gravity. Is this it? And which stocks made new all-time highs today? It's the typical list of strong stocks plus a couple surprises. In tonight's video, we check on financials (XLF), strong tech stocks (AAPL and…
Markets Snap Back Hard to Gravity
Don made a specific point to highlight the quiet yet aggressive buying activity in bonds - along with the VIX Volatility Index - that showed us that something big was moving behind the scenes. Today, we realize now what that was. Stocks across the board - in fact all 500 S&P 500 index components -…
The Incredibly Unusual Thing about Today
You're not alone if you felt confused about today's trading activity and the divergence between the majority of negative stocks and the continued upward action of the indexes, especially the NASDAQ. That's in large part to market cap leaders such as Apple (AAPL), and Amazon (AMZN) that made new all-time highs with the /NQ, but…
Airline Stocks Take Flight Today
In case you missed it, some of the strongest stocks in the SP500 today weren't financials, but airline stocks. That's in large part because these same airline stocks have lost so much value over the last month. However today was the day aggressive call spreads and bullish 'fade' or reversal duration positions went in the…
Taking the Rally Seriously - Stock Scan for New Highs in Play
Bullish hedges against bearish positions are paying off and we may need more of them as this rally gains strength and the market breaks higher, possibly through a strong rally ahead. The NASDAQ is 100 points off an all-time high while the SP500 plays catch-up, but catch-up it certainly can. In tonight's video, Corey highlights…
The Rubber Band Effect for Stocks - Snap-Back or Just Snap?
We had initial upside breakout activity above the weekly expected move today, but all that was erased with a sharp sell-off in the close that froze price right at the weekly expected move. In tonight's video, Corey highlights the similarities of last week to this week and how we're framing the opportunities in stocks, bonds,…
This Really is the Make or Break Level for the Market
Enormous Short-Squeezed Bullish Breakout, or Bull Trap? That's what we'll be discussing and addressing positions in tonight's video. We have a very similar theme to all of last week yet the market did not yet break lower. In tonight's video, Corey updates your critical levels and highlights the make-or-break bearish or bullish element at play…
Skirting the Weekly Expected Move and Planning the Shorts
We're still at the upper Value Area Extreme of the Profile along with the weekly SPX Expected move - both of which point to higher odds of selling ahead. But in tonight's video, Corey highlights the higher probability but advocates hedges and preparation in the event bulls break through 3000 in the SPX to carry…
Profile Says Sell - What are your Trades?
We're back into a familiar situation into an overbought level that suggests a short-term sell-off in price this week - and we may be seeing it begin in today's session. In tonight's video, Corey highlights how the Volume Profile is again flashing an advantageous "sell signal" and what targets for success - or stops -…
Key Levels Still in Play with NFLX at All-Time Highs
We're still carefully watching and planning open and future trades off the 2900 level in the SP500 with a bearish outcome likely, but we're offering bullish hedges in strongly trending stocks making new highs as a way to protect your portfolio - or take advantage - of a surprise bullish outcome in the near future.