While not necessarily reporting earnings, companies Costco (COST) and Microsoft (MSFT) issued guidance today that surprised the market - and not necessarily in the direction you'd think. In tonight's video, we highlight what drove the equity rally, which stocks (and a key sector) underperformed the
Here's how to trade the potential yield curve inversion.
The Federal Reserve is about to start its quantitative tightening (QT) plan. Looking at their balance sheet, it made a tick lower last week as their plans to wind things down is about to begin. While reducing the monetary stock may have a negative impact for risk assets, it's inflation that they wil
Markets filled with conflict and chaos-- -Short covering sparks rally -Markets got its groove back? -Real buyers? -Two times SPX Expected Move -Bear market rallies are violent -Gravity /ES 4211 and 3931 -NVDA, COST caught up in the rally Lack of Hedging? -- -Skew extremely low -VIX -VVIX Positioning
Today began with a recovery in Nvidia (NVDA) shares after yesterday's earnings announcement and we end today with a post-market reaction in retail stock Costco (COST) as they report earnings - will it share the same fate Friday as NVDA? Beyond the earnings, retail stocks bounced back strongly today
Stocks get a mild rally as indecision grips the market. NVDA came out with earnings that beat expectations, but lacked guidance sending the stock even lower. When you stop and think about it NVDA, one of the titans of tech, has lost an astonishing $500 billion in market cap in the last 6 months. Is
It may not be a stock on your daily radar but Snapchat (SNAP) issued forward guidance today that sent shockwaves through other social media companies and the tech sector in general, sending some key stocks tumbling to new lows. In tonight's video, we highlight which stocks led the market lower in ou
Yields rose with the broader market today and bearish option interest builds in the bond space. What's next for financials and REITs if yields continue to move? The option market is giving a heads up how to position yourself in the short-term. (TBT, TLT, SYF, LQD, IYR, DFS, BX, DB, TTWO, PM)...
-oversold has become cliche' -YTD recap of major sectors -liquidity is nonexistent in many products -indices are seeing a concentration of liquidity -Bid back under bonds -dollar hedge is still underway -volatility looks all wrong -contango in a bear? -forget about a bottom; sell premium and survive
