Can the Bull Market Be Sustained without the FED?
Market Update----Selling is proliferating - A/D line--Dollar break-out signals risks ahead--Holiday week could hold heavy trade--Trading firms moved to Covid protocol Volatility----I am NOT feeling the fear- dead VIX--vol futures in big contango--skew is low relative to recent moves--VVIX remains in never never land Breakdown----FED has your back NO more!--premium sellers be warned… risk could…
Sell The Rumor Buy the FED?
The market rallies today as rumors of rate hikes and tapered bond buying proved to be true, at least for the time being. Join Don, in tonight's video, as he digs into the details of the trade action that took place after the FOMC announcement and what we can expect for the remainder of this…
Should You Fight the Fed?
-mega market cap led market move -A tale of two markets -64% of 23% YTD gain in Nasdaq (3780 stocks) down to just 5 stocks Microsoft/Google/Apple/Nvidia/Tesla -Risk/Reward in jeopardy -Federal Reserve meets Untamed Inflation -Bid Back or Fed Taper Smack - watch rates! SPX Expected Move -- --last week -- 157.12 (expected move) --next week--…
Will Volatility Come Raging Back?
The S&P 500 meandered today around the upper edge of SPX Expected Move for the week. Is this just a breather to new highs or will the volatility return? Don answers that crucial question in today's video newsletter…
Has the Great Market Unwind Begun?
-Mega market caps taking a hit -TSLA, NVDA, GOOGL. MSFT -Jobs number a huge miss -FED nixes “transitory", accelerates taper -Bonds go on the defensive Volatility Update— -/VX vol futures cross backwardation and back -VIX over 30 -VVIX in never never land -SKEW still rockin’ -expected moves and IV ranks explode Strategy Talk— -Buying calls…
Dip Buyers Denied!
The The bell could not ring fast enough this afternoon as we witnessed a crazy reversal in the marketplace denying dip buyer opportunities that seemed apparent. Don remains forward looking on what we can anticipate for the remainder of the week and into the next, and sums it up in one word, volatility!
NU Crash or Temporary Market Insanity?
Traders Rush for the exits----NU variant used as a catalyst to sell--Oil Crash and liquidation--Capital moves to Bonds, duck and cover stance--Crypto crush - risk asset?--dollar off with gold flat Volatility Update----VVIX explodes--vol futures Early Next Week----Monday will be scary--NQ is downright intimidating--expected moves exploded--rates tanked SPX Expected Move ----last week -- 54.75 (expected move)--next…
Are Retail Traders Moving Markets?
Stocks sell off this morning and then rallies solely on retail traders. Call options on key stocks explode sending markets higher. The rotation game continues and here's what to look for next...
Does Tech Dominance Create Systematic Market Risk?
Market are owned by TSLA and NVDA-- -Financials down 1% -Energy off 3.9% -DOW off 230 points -Spuz massively unchanged! -Even AMZN and GOOGL down did not negatively impact NASDAQ -internals and overnight /ES trade do not matter! -massive rotations may take place if big tech sells off Profound Market Moves-- -QQQ -IWM -TSLA Markets…
Change at the FED and a Cooling Market?
Markets continue sideways action with notable exceptions like AAPL. Changes at the FED is an unknown and the markets don't like unknowns. Could bulls be waiting to get confirmation on the FED before they feel comfortable buying again?