Split Market as the Clear Range Continues
It was another range or chop session for most markets except for the small cap Russell 2000 Index (/RTY) and IWM. In tonight's video, Corey pulls up the perspective to update the current range resistance "box" levels along with which stocks snuck in new highs today at the height of their range…
Do Not get Caught Off Guard in this Slow Trade!
There's still plenty of room in the weekly expected move for the S&P to not keep your guard up for the rest of the week…
Fading the Financials in the Broad Market Range
Markets particularly the Russell 2000 (/RTY and IWM) remain in a longer-term range rectangle or box and the other markets aren't far behind. In tonight's video, Corey updates the price levels and pinpoints fade or sell-short trade opportunities in key financial stocks including the broader XLF ETF…
Stocks Soar Higher with Tail Risk Still Priced In
As stocks continue to go higher we see investors continue to add to their hedges against tail risk. This is a very unusual phenomenon to see. Typically as markets go higher tail risk becomes cheaper. This tells us the market is cautiously bullish as it moves higher. Here are some of the reasons why the…
Will the Crypto Crush Spill Over to the Stock Market?
Market Update----High Volatility and a Tight Range--VVIX rockin--SKEW prints near all-time high--Sector Expected Moves Markets Moving Forward----Financials are still hangin' tough!--Correlation should drive us outside the range--Bond Volatility is UP! Crypto Smackdown!--ether--crypto crash is only somewhat contained--COIN, TSLA, ARKK--Regulators are coming! SPX Expected Move--last week-- 78.76 (expected move)--next week-- 76.25
A New Range Has Emerged! Your Level Update Right Now
The /RTY small cap (IWM) index especially has spend the last three months in a well-defined sideways range and the NASDAQ (/NQ and QQQ) are developing one too. In tonight's video, Corey highlights the key levels we're watching and trading against both on the futures and ETF level but also in key stocks you can…
And you Thought Volatility was Over?
All signs point to volatility being here to stay. Let's look at a few of the reasons why and the types of trades to take and avoid the rest of the week…
The Key Selloff of the day and Updated Price Targets We're Trading Now
Despite two flat or range sessions, sellers took charge of the close, pushing some positions into the profit zone. In tonight's video, Corey updates what key stocks we're watching, especially the Financials (XLF), and what updated levels are in play for the broader indexes and key commodities right now…
Financials Continue to keep S&P 500 Afloat!
Volatility bids back higher today as tech retreats and money comes into financials. How long can financials hold the S&P 500 higher? Let's find out in tonight's update…
Should I Buy the Dip or Sell this Rip?
Market Update--inflation fears--a week of volatility--VVIX goes ballistic but vol NEVER flipped!--back in the vol box--is the vol spike over Sector Rotations are OVER!--correlation grips hold--a definitive shift has taken place from rotations--all asset classes are moving in unison--sector expected moves Stock Chop!WFC, C, BACHD, LOWINTC Markets Moving Forward----fed is not likely supporting equity markets--inflation…