Is Big Tech All that Matters in Markets?
Tech's domination--How dominant is tech in the SP500-TSLA-NVDA-Rotation within the sector-loss of market internals Inflation, CPI, consumer sentiment--Bonds/rates-Gold-Dollar Volatility Update--/VX contago is stellar-VVIX-SKEW Market at Fever Pitch--Options Volume-RIVN - 110 billion market cap SPX Expected Move--last week-- 62.51 (expected move)--next week-- 60.41
Will Big Tech Take Down the Markets?
Tech leads the market lower as bonds reverse and dollar rallies. The major indices hit the lower edge of the expected move for the week. Tomorrow the bond market is closed. Here's the one stock to watch the rest of the week…
Manic Market of Excess and Inefficiency
Gamma and market cap rip markets higher-- --TSLA & NVDA --XLF off 1.8% with SPUs higher Moves of excess and inefficiency-- --TSLA, NVDA, QQQ, PTON, CAR, MRNA, Z, BBBY, LYFT, NFLX, ATVI, MRK --Bonds EXPLODE! --rates tank as Fed dances around Taper --why are financials not reacting? --Dollar Breakout imminent --bonds higher and dollar breakout…
Fed Does the Taper Dove Dance!
The Fed does the dove dance and the market loves it. Stocks exploded higher today led by these few stocks. Here's what to look for the remainder of the week…
Bad News for the Bears?
The Great Gamma Squeeze is BACK! -- —Gamma Squeeze! —Tesla IV Skew and why I sold calls! —watch NVDA skew —SP500 -AAPL nor AMZN tanking can take down this market! -Bond volume, why the massive movement of capital? -Enter the FED! It’s taper time! -Premium sellers rejoice for SKEW is prevalent SPX Expected Move --last…
Bonds Came Back to Life and Sparked Selling!
A big move up in bonds today took the wind out of the sails of the financials. There's also some important earnings announcements coming out...
Good Earnings Going Bad?
-rough start to tech earnings -snap ad revenue drags down big tech -financials and energy hold markets together -inflationary signs are everywhere -are market accepting higher rates? -volatility contango is massive -VIX Vol Spreads SPX Expected Move --last week-- 61.46 (expected move) --next week-- 54.08
On the Edge of Expected Move
Stock rally back to near all time highs and hit the upper edge of the weekly expected move with 2 days to spare. This seems like an inflection point for the market. Stocks could rip higher or back off in the next 2 days. Here's what to look for...
Fear or Embrace the Rally?
Market Risk Factors-- -bank earnings excellent, will tech and retail fair as well? (supply chain) -oil and energy pricing at extremes -bonds/rates continue to be threatening factor -FED tapering is coming -dollar backs off nominally -massive volatility crush but only in the near term! -SKEW coming back Trading -- -buy volatility when you can! -long…
Will Retail Stocks Suffer this Holiday Season?
Tech rallies on bonds rallying and interest lowering. Fed notes came out showing several Fed governors wanting to tighten more aggressively. Meantime lots of warnings have come out about disruption in the supply chain impacting the Holiday season…