Tech Stocks Rapidly Achieve Key Target but Will it Hold?
The pullback in tech stocks certainly seemed inevitable and now we have it and more. In tonight's video, Corey updates this sharp yet reasonable pullback in the /NQ and XLK tech index but also key tech stocks achieving support targets such as AAPL and others, including TSLA which saw a particularly sharp pullback today. Note…
Is the Worst of the Market Yet to Come?
Market Correction or a downward spiral -- it is decision time --bail the longs? --hedge with ITM puts Checking option volumes SPX smashes EM then comes right back home Vol futures making me nervous When bifurcation collapses into correlation; the risk is magnificently large A/D lines displaying lack of diversification VVIX saw this move coming…
Is the NASDAQ Crash Over or is this just the Beginning?
The bidless beast strikes hard today! The market has revealed its hand in a big way as retail traders start puking their positions. What's next? You better tune into tonight's video newsletter to find out because sellers are back!
NASDAQ Higher but Becoming Downright Sketchy
Stocks continue at a fever pitch higher. Our Gamma Irons continue to work well hitting our profit targets sometimes in just one day. Here's what you need to know going forward as retail traders juice the markets...
Risk Surges for a Pullback to Sanity
Stocks especially tech stocks extended new all-time and 52-week highs today and risk continues to increase substantially to bulls and bears alike. In tonight's video, Corey continues to pinpoint "strong stocks getting stronger" but balances this with the reality that the market is at highest risk for a pullback toward key levels defined in tonight's…
Markets Up with Volatility Up?
A handful of stocks lead the markets higher, but volatility soars higher with it. Professionals are seeing the risk in this market and starting to hedge. Will retail traders follow suit?
The Trade Driving Markets Higher
Trader Geek Speak --SKEW is extreme - index puts pricing big boy tail risk --no signs of correlation --Bonds drop driving rates higher --SPX rips through upper expected move --Gamma risk driving SPUZ in a perpetual trade to the upside --infuential productsSPX, SPY, VIX, TSLA, AAPL SPX Expected Move ----last week-- 60.05--next week-- 62.16
The Trade that Rocked the Markets
Stocks go on roller coaster ride today helping us get out a few profitable positions. The real news of the day though was bonds and gold that suddenly got rocked thanks to the Fed. Here's what to look for now that we are back in the Vomma Zone...
Is This the Blow-Off Top You Were Looking For?
A touch of bullish insanity shook the market today with all-time highs extending in the SP500 and NASDAQ on the strength once again of leading tech names NFLX (up 11%), Facebook (FB up 8%), GOOGL, AMZN and others. These intraday straight-up price trends were stunning and could be the sign of a blow-off top exhaustion…
Upside Market Chaos Continues!
Markets continue to be dragged higher by a few stocks that have gone parabolic. Where most of the volume has dried up in the market it has all gone to these few underlyings. Here are the 2 strategies I'm using to play this risk in the market. One gives me consistent 30% gains and the…