Financial Climbing Ahead of Big Earnings Week
In today’s video we preview the kick-off to earnings season with big banks (JPM, GS). While financials are surging, we look inside the bond market as some big auctions are on the docket over the next two days. Finally, here’s a look at setups that the market has been favoring that are experiencing unusual option…
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
We Got the Sell-off We Wanted! But Will it Last More than a Day?
We take the small victories when we get them and today was no exception. Put plays or bearish short-term positions struggled as the market crept higher but today was a quick victory… but is it only for today or should we hold for bigger gains on the downside? Find out in tonight's video…
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…
Amazon (AMZN) Surges but Can't Lift Entire Market Alone
We had yet another "tale of two tapes" where the technology sector (XLK and QQQ) surged to new highs while the broader market especially financial stocks (XLF) pulled back normally on a snap-back from overbought price levels. In tonight's video we highlight these two separate markets and what it means for your current trades…
All Market Bull and No Bear?
Markets continue to smash expected moves Low VIX ? —Volatility futures are in massive contango —VVIX —big time skew still prevalent Why are interest rates falling? —xlf —xle —bond outlook Strategy Session-- --Sell premium --shift risk to underlyings with higher IVs --mitigate downside exposure with VIX vol spreads SPX Expected Move --last week-- 53.25 (expected…
The Creeping Uptrend Strikes Again
We've seen this before where low volume, low volatility holiday sessions result in continued upward drift in the market and today was no exception. In tonight's video, Corey explains the current strategy, advocates patience, and pinpoints which stocks are leading the market at the highs - along with the need to note the Jobs Report…
Summer Trade or is Volatility Forthcoming?
Markets continue to rotate out of financials and into tech. Is this what we should expect all summer or will volatility pick up? Find out in tonight's crucial video newsletter update…
NASDAQ Floats to New Highs While Other Stocks Remain Grounded
It was a similar story where the tech sector - or key stocks such as Microsoft (MSFT) and Apple (AAPL) specifically - led the market higher as the hot air balloon of price drifted higher on lower volume and volatility. However, beneath the surface, bearishness and weakness underscored what ended as a flat, lackluster session.…
Facebook Hits $1 Trillion Leading Tech Higher
Traders sell financials and rotate back into tech today especially FB. Plus here are the short interest stocks making a move. The talk amongst traders was the record SKEW close on Friday. Here's what it could mean...