Does “Sell in May and Go Away” Still Work?
Stocks saw volatility fall out of bed this morning after the none event French presidential election. The very tight range on low volume was only bucked by Apple's big move thanks to positive comments from Warren Buffett. In tonight's video let's discuss the idea of "Sell in May and Go Away" and see if this…
Risk is Cheap Ahead of Jobs Report
Stocks flat on the day as volume has slowly increased all week, but still near Holiday-like lows. Despite all of the risks the market was once worried about - health care bill, French election on Sunday, and the jobs report Friday morning - risk remain at historic lows. The cost of risk is cheap and…
Apple's Earnings Phone It In
Stocks were flat today on very light volume as the market waited for AAPL to report after hours. Apple's phone sales dropped by about 400,000 from last year sending AAPL lower in after hours. The iphone sales are the major driver of AAPL's business. In tonight's video we look forward at the prospect that AAPL's…
After-Hours Earnings - Changing of the Guard
The markets today were patiently waiting for the big earnings announcements after the close. GOOGL and AMZN have both moved higher right to their expected moves that we have been watching. In tonight's video let's look at what to expect over the next few weeks...
Last Line of Defense For Bears
Stocks continue to move higher today. The talk of the day was the Nasdaq break out to new all time highs setting up a much larger move in the years ahead. In tonight's video we will look at the more short term. Is there anything left for the bears to hang their hopes and dreams?…
Technical Analysis vs. Statistical Analysis = Same Result
Stocks take off higher moving about 1% up across the board. In tonight's video let's look at the market through two lenses because either lens you want to use you get the same result. Watch tonight's video to find out what the most likely outcome will be for tomorrow's trading day and what opportunities you…
Buying Them to Sell Them Later?
Stocks rallied and volatility came smashing back down today after all the weekend excitement turned out to be a dud. Earnings season is upon us and there will be lots of big companies reporting this week starting with NFLX. The market will be pushed around one way or the other by earnings this week. In…
Climbing the Wall of Worry Again
Stocks sold off in early trading as bonds got bid up to a key level. Short term volatility continued to get bid up as the APR volatility futures contracts are now a full 1.50 points higher than May volatility. Despite the short term concerns of the market internals stocks got bid up the rest of…
No Follow - Through to Key Reversal Bar - Jobs Report?
Stocks rallied slightly higher today after the sell off into the close yesterday. The lack of follow through to yesterday's reversal is not concerning. In tonight's video we will look at the current short term down trend in the S&P and what to look for going forward. Tomorrow's job report could be just what the…
This is the Tech Index to Follow
Stocks ended the day slightly higher, but on much lower volume than we have seen in the last few trading sessions. In tonight's market update I want to show you a very under utilized indicator that I use in time's like this. Also watch the video for this tech index I created to follow the…