Inflation is Here! Big News and Big Moves for the Market Today
Thursday morning started calmly enough until the higher than expected Consumer Price Index shook the market with the growing reality that inflation is real, it's not transitory, and something must be done to address it. In tonight's video, we take a direct look at how the report and ongoing trends in motion are playing out…
Will Tomorrow's CPI Spark a Volatility Rebound?
Even with the rippin' rally that took place today, there appears to be a slip in volume and there doesn't seem to a commitment to trade. What does this mean? With the CPI report looming ahead, the potential to rock the markets is a strong possibility in the coming days, tune in to tonight's video…
Market Stuck in the Middle! Your Key Updated Levels Across Markets
After a volatile January, price seems to be settling down into a lower volatility range as we trade back to the middle of key price levels across markets. In tonight's video, we highlight the major price levels in play in equity futures along with the bond market weakness against the Oil (Crude Oil /CL) strength. …
Bitcoin Surpasses FB in Market Cap as S&P Skids Into Close
With 18.95M Bitcoins mined and a price of $44,235 at the close, the market cap of Bitcoin continues to surpass Facebook at just over $612B. That places Bitcoin in the 9th spot for most valuable asset. Also, take a look at today's unusual option activity (XLY, CVX, COIN, HL, WFC, UAA, JETS, ET)…
Goldilocks Market Conditions Just Died
Goldilocks Markets are Dead! ---Oil a serious concern --Rates on the rise / bonds tank--Jobs number 467k... SELL IT--good is so very bad--VIX quiet until under /ES 4211 --Is Long is Wrong? Back to the Volatility Box----NQ high prob of dropping into heavy vol--if the bonds break lower--where's the bear SPX Expected Move ----last…
Facebook FB plunges but Amazon AMZN surges: Earnings and Your Updated Price Levels
It seems like yesterday we were discussing the surge in Alphabet (GOOGL, GOOG) shares and today we're focusing on big moves - currently in opposite directions - of Facebook (FB) and Amazon (FB), all major market cap leaders. In tonight's video, we update the daily chart key price levels and broader opportunities on these stocks…
Crypto Provides an Ominous Outlook for the SP500
Facebook plummets after the closing bell! Yikes! We also saw a bear market rally today as we edged just north of the expected move which reeks of volatility in the marketplace. What does Crypto have to do with all this? Join Don in Tonight's video to find out..
Earnings Plays as Google Saves the Day
We're still in a week of high volatility and earnings from key stocks including some big ones today after hours. In tonight's video, we detail the morning movers UPS and XOM along with the after hours movers including one big one, Alphabet (GOOGL, GOOG) which saved the day for now with a boost. We update…
Breakout or Blow Off? How Much is Left in the Tank?
The major market indices staged significant breakouts today, but is it a false breakout? A look at the volatility indices gives us a clue. Also, unusual option activity seemed to follow WallStreetBets mentions as EVs, crypto and cannabis did well. Also, travel is looking up after a short hiatus (NCLH, CCL, JETS, CGC, MARA, FCEL,…
Your Volatility Survival Guide
Volatility Update--GAME ON! We are still in backwardation-Trading VIX options-Dollar may be a great volatility indicator Critical Levels-SP500 critical levels - /ES 4211 - /ES 4500-Volatility Channel - aka Hurt Locker-Correlation Will YOU Fight the FED?-Long and wrong could bring unbearable risk-STOPs work! All too well in volatility-not a time to bottom fish (any 5…