Tech Stocks Weaken while Safe Stocks Strengthen
It was a good day for NASDAQ traders expecting a pullback as key stocks Netflix (NFLX), Facebook (FB), Microsoft (MSFT), and others sold-off from the highs, as logically expected. But not everything was bearish - in fact, many more stocks gained today including our 'boring safety' stocks highlighted last week. Join Corey for tonight's video…
Return of the Bidless NASDAQ Beast
SPX - spot on the Weekly Expected Move Russell is a rockin' in the rotation game Bond Volatility is DEAD - it's gamma time! Could bonds sell off? Reflation trade back in style? FB - Skew inverts as retail comes pouring in VIX & VVIX --- buy volatility on volatility, if only volatility is low…
Tech Stocks Surge in the "Anything Goes" Market
Stocks surged as the summer slop-fest resulted in many stocks declining today but the main stocks that matter - the monsters of tech - strongly picking up the slack and extending the uptrend in equities higher. In tonight's video, Corey highlights these developments, charts FB, AAPL, /NQ, and /ES for you, and then refocuses your…
Summer Slopfest or Calm before the Volatility Storm?
The S&P is just a stone throw away from the upper expected move for the week so that is an area we expect to be hit tomorrow. With bonds rallying are investors throwing caution to the wind too soon? Find out in tonight's video newsletter...
Safe Stocks Surge to New Highs - Opportunities You May Be Missing
While most traders are focused on flashy and popular stocks - understandably so - some safe stocks continue to trade stealthily higher in ongoing uptrends now and through most of 2020. What are these stocks and what stocks are we seeing make new 52 week highs, and in some cases new all time highs? And…
Market Breakout to Breakdown?
AAPL and MSFT have a combined market cap of a whopping $3.5 trillion dollars and were the only 2 stocks driving the market higher today. To put that in perspective these 2 companies are valued at more than 1/8th of the entire US national debt. At the same time the market is still in a…
Market Divergences Grow at Alarming Levels
SP500 upper end of range, breakout or breakdown...no matter! Backspread! 5 firms and the fate of the markets Comparison - divergence grows to alarming levels, when in market history has concentrated risk been a good thing? Earnings are great, unless your living in the (real) non-tech world.CATEnergyFinancialsRUT Roo Gold, Bonds, a rally of everything or…
The Summer Earnings Explosion is Underway
We're seeing the NASDAQ and XLK Technology sector ETF surge after-hours today on blow-out earnings and bullish knee-jerk price action in leading tech names Apple (AAPL), Amazon (AMZN), and Facebook (FB), but not all is exploding to the upside. Join Corey in tonight's video as he details the initial fall-out and what to expect and…
Fate of the Markets in the Hands of Tech
Financials lead the way today as the biggest tech earnings announcements are tomorrow after the close in what will be the biggest earnings releases at one time ever. Here's what to expect for the rest of the week...
Gravity and the Bidless Beast Strike Again
We're seeing consolidation ahead of an active trading week with a Federal Reserve decision Wednesday and many major companies reporting earnings this week. In particular, Thursday will give us earnings in monsters or tech stocks Amazon (AMZN), Google (GOOGL), and Apple (AAPL) so position accordingly - or stay safe. Today saw the /ES close at…