Is This Range Defining the Markets?
The S&P has been a tight range for a long period of time. The ball of risk at the same level continues to grow and will explode either higher or lower. The rotation between Bonds, financials, and tech continue to be the main driver…
Shall Risk and Reality Overwhelm the Markets?
Shall Risk and Reality Overwhelm the Markets? -AMZN tanks but markets survived -monsters of tech down on earnings, Google fading -Covid on the rise, travel/lockdown stocks are not moving -Fed will taper... eventually, maybe, probably not -GDP was off - stimulus trade is running out -Meatloaf "meme" stocks --AMC, GME, BB, CLOV -HOOD retribution trade…
Is the Nasdaq on the Verge of Serious Volatility?
All eyes are on the NASDAQ as all mega cap big tech stocks report this week. So far TSLA, AAPL, GOOGL, and MSFT all blew away earnings expectations. Why haven't these stocks rocketed higher? Let's take a look…
Are these Market Distortions of Epic Proportion?
Markets----massive range on the week 182 SPX handles!--upper and lower expected move tagged--earnings shocked the tech trade back to life-- FED's Back in Town!--tech earnings priced in? Distortions of Epic Proportion----Monster of Tech Market Caps go ballistic--Monsters of Tech % moves are distorting Indices--gamma is controlling the orderflow--FB, AMZN, AAPL, SBUX SPX Expected Move --last…
The NASDAQ Continues to Lag Behind Other Indices
Markets move higher today on considerably lighter volume than yesterday. Volatility continues to remain high despite being so close to all time highs. Here's what you should expect the rest of the week…
Markets Sell-Off, but is This the Real Cause for Concern?
Volatility explodes higher as 'risk on' products like Bonds soar higher. Lots of damage done in financials today. However, the S&P closed right at the edge of the lower end of the expected move for the week. Here's what you should watch for tomorrow…
Markets are in Transition
--market sold into dovish FED speak--historical vol on Nasdaq--volatility has yet to come up but VVIX is bid--bond rally implications are only beginning to materialize--market internals are temporarily broken--be aware of percentage moves--spuz are testing lower SPX Expected Move --last week-- 61.15 (expected move) SPX--next week-- 73.69
Are the Markets Turning on the FED?
Markets can't decide whether the Fed comments are good or bad. Meanwhile 3 days into the trading week and almost no movement in the S&P. Here's what to expect the rest of the week…
On the Verge of Wild Market Moves?
Market Update-- --Wild ranges throughout the holiday trading week --bifurcation broke down into correlation --AMZN, AAPL, XLF, XLE, QQQ, EEM, TSLA, RUT Bonds are back in charge baby! --lower rates to continue? --CPI/economic data --trend driving bonds SPX Expected Move --last week-- 42.39 (expected move) SPX --next week-- 61.15
Trade Turns Sketchy as Markets Continue Higher
It's the summer, but don't go into trader hibernation just yet. Several markets have breached the weekly expected move this week. Here's why this can turn into a traders paradise very quickly…