Last Call to Buy Volatility!
The stock market pulls back to about where it started the week. Everyone see the volatility ahead and here are the types of long volatility trades Don is looking at…
Buy the Rumor, Sell the Financials
Earnings season kicked off with financials which led to a little bit of selling today. Don takes you inside his positions and as to why he took off his hedge and has a more directional bias at the moment.
Be on Your Game, Volatility is Far from Dead
Markets - What Me Worry----Buy the Stimulus Rumor, Sell the Stimulus Deal ?--Big, Bad, and Binary--we are a tweet away from greatness or destruction Large Daily Ranges have NOT Abated--stay focused on your risk, wrap your deltas tight--assumption this bounce can fade at any point Shell Game--Russell has led the indices--NASDAQ comes alive--financials and energy…
Over Optimistic on Stimulus?
Stimulus on. Stimulus off. Stimulus on again. Markets getting whiplash as DC can't seem to make a decision. The SPX is once again butting up against the expected move for the week. Here's what to look for next…
More Volatility Chop, Less Volume!
The S&P starts the week off strong as it continues to bounce off our gravity level. However, volume is light and the VIX is choppy. Here's what to look for the rest of the week…
An October Surprise Damages Tech
Presidential Covid---covid may have been the catalyst but the outcome was sell tech.--correlation breakdown--no diversification--where was the rush to bonds? Unexpected divergence---IWM ripped EM... in all directions!--XLF--XLE--QQQ whacked and where is the vol? Bounce and Fade is working---LULU--NVDA--IWM? SPX Expected Move--last week-- 87.75 (expected move)--next week-- 89.70
Wild Trade Engulfs the Markets
Markets go on a wild ride today. After reversing and giving up a big gain on the day where do we go from here and what trades should you be looking for? Watch this video newsletter now...
Do You Want to Sell this Rally?
Markets scream higher without the monsters of tech today. The broad based rally which saw every stock in the S&P 100 up just means traders are piling into the futures markets. Here's what else to look at to decide whether or not you want to sell into this rally…
It is Not a Bottom Until Big Tech Says It Is
Nasdaq outperforms in another sketchy trading week Massive daily ranges--Monsters of Tech did not lead the selling--Expected Move--Volume--Volatility Underperforming sectors are... well, underperformingIWMXLFXLE Is the dollar the new volatility indicator? VVIX falls under 100, yes really! Opportunities in VIX Bounce and Fade is back! SPX Expected Move--last week-- 83.11 (expected move)--next week-- 87.57 (wow really)
Sell–Side Activity Becomes Heated
Markets sell off today down to the lower edge of the expected move for the 2nd time this week. Also, the S&P is within grasp of the 3211 gravity point. Tomorrow is a crucial day in the market. Here are a few possible outcomes…