Factoring Movement Into Tuesday
With the presidential election spread continuing to widen we turn to the most immediate economic news. Tomorrow will be last jobs report before the election. It will also be a key measure of what the Fed will do in their last meeting of the year. The markets have already factored in a 66% chance of…
How the S&P500 Will Handle the Next Week
Lots of catalysts over the next week around the S&P500 starting tomorrow with the FOMC announcement. Unemployment numbers come out on Friday. Oh and let's not forget the Presidential election which encompasses wikileaks and FBI announcements. Here's how to navigate the markets in the face all these landmines...
Catching the Russell 2000 Sneaking Out the Back Door
AMZN and GOOGL came out with earnings after the bell and they seem to be offsetting each other. There are not many stocks holding this market up and we think we are on the cusp of some volatility finally hitting this market. Here's why...
Forecasting on Volatility, Not Direction
It's the tech heavyweights turn for earnings reports. Now is not the time to pick direction, but base your forecasting on volatility. Here's what to expect...
MSFT All-Time Highs, GE On Deck
MSFT beats earnings expectations and sends MSFT up 5% in after hours. However, investors still don't seem like they want to buy new highs with the risks on the horizon. If that remains true then here's the only path the markets can take...
Earnings No Longer a Catalyst?
The risk continues to remain to the downside. Earnings announcements are no longer a catalyst to new highs. The Fed will not make any changes before a presidential election. We have to ask ourselves what will propel the markets to new highs? While we are being patient here are the opportunities lurking in the market...
Highs Not Being Bought But Dips Are
Yesterday we were spot on with the call lower. Today the dip was bought, but that may not be the end of the selling. Watch the earnings reports for the bank stocks tomorrow. This will tell us where the markets go next...
Get Ready for Expansion
The market consolidation won't last long. Today was a low volume up day thanks to Columbus Day which is a bank holiday. With the bond market closed we aren't going to be able to get a good read on which way stocks will break. Here's what to watch...
Trigger Warnings on These S&P Levels
As the S&P consolidates let's look at the important price levels based on volume to keep an eye on. Usually when these levels break the first move isn't the last. Here's what to look out for heading into the unemployment numbers tomorrow...