Tech Earnings Bonanza - NFLX and TSLA Report as Stocks Rally Higher
In tonight's evening video, we focus on Netflix (NFLX) earnings - its report and the market reaction - along with upcoming earnings in other key stocks including Tesla (TSLA) tomorrow. We also plot key levels in our main equity indexes along with the new lows trading in Bonds. Update your levels in tonight's video.
Cyclicals and Retail Find Support as Utilities and Healthcare Lag
As we passed through a significant option expiration on Friday, it was going to be interesting to see how the market responded. After a shaky start, cyclicals, technology and communication led (FB, PLUG, WMT, AMD). With a rising 10-year, Utilities lagged all sectors along with healthcare and Staples.
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…
Earnings and Today's Bullish Bounce in Play
Today brought a large number of leading stocks, mostly financial names, reporting earnings and it was a mixed bag. Nevertheless, stocks bounced strongly higher to end the day up almost 2% which continues the "middle of the middle" which is where the day closed on the daily charts. In tonight's video, we pinpoint which sectors…
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…
Your Guide to the "In-Between" Market and Financial Earnings in Play this Week
We find ourselves trading the "in-between" market at the moment as we await earnings this week from major financial companies. In tonight's video, we update the key index price levels we're trading and targeting and then pinpoint the key financial stocks within the XLF (financials ETF) that could spark volatility later this week…
Mixed up Monday as Risk Parity Party Fades
Bond funds and stocks head lower as financials fade it's early strength and the market finishes near lows. These dynamics are making it rough for those using bonds to offset stock losses. Looking at the sector performance, today's finish makes this week's bank earnings interesting. Luckily there's unusual option activity in VZ, VRAY and DBA…
Is Buying the Dip Dead?
Market Update---Sector Analysis and Expected moves-Volatility Check-Bearish bonds threaten to stall markets-Dismal jobs report-Energy gets a scary bid Merry-Go-Round of Risks--headwinds for dip buyers--China-interest rates-inflation (leading to earnings decay)-FED tapering-supply chain constraints (Xmas season) Trade Opportunities---DOW performance and Goldman Sachs-Energy Pull Back SPX Expected Move----last week EM-- 89.00--next week-- 80.10 expected move
Your Big Market Update ahead of the Friday Jobs Report
Tomorrow morning gives us the big monthly Jobs Report or Employment Status as we start trading and framing a new month. In tonight's video, we pinpoint our key make-or-break price levels and tactics for the broader indexes and then step inside the top 6 largest market cap stocks for planning their key levels beyond Friday's…
How to Buy Dips and Not Get Crushed
The stock market has been on a roller coaster ride this week with massive intraday moves. Here's a way to take a directional bias without getting your head lopped off…