Market Setup with Phenomenal Risk/Reward
Ripping to the upside on a wing and a prayer... Is this a short squeeze or real buyers? Pop goes the volatility Box Who says volatility cannot be to the upside. Bonds UP, Market UP? VVIX under 110 Monsters Weak Relative to QQQ SPX Expected Move --last week-- 71.62 (expected move) --next week- 78.31 (expected…
The Rubber Band Effect for Stocks - Snap-Back or Just Snap?
We had initial upside breakout activity above the weekly expected move today, but all that was erased with a sharp sell-off in the close that froze price right at the weekly expected move. In tonight's video, Corey highlights the similarities of last week to this week and how we're framing the opportunities in stocks, bonds,…
Tech Stocks Gone Rogue
The S&P hit the expected move for the week on the back of financials. Surprisingly, tech doesn't participate. Today it seemed like all of our trades were firing on all cylinders with back ratio spreads in XLF working out spectacularly and big tech shorts seeing results. The next 2 trading days are critical. Here's what…
This Really is the Make or Break Level for the Market
Enormous Short-Squeezed Bullish Breakout, or Bull Trap? That's what we'll be discussing and addressing positions in tonight's video. We have a very similar theme to all of last week yet the market did not yet break lower. In tonight's video, Corey updates your critical levels and highlights the make-or-break bearish or bullish element at play…
Market in a Volatile Holding Pattern?
The edge of normal?--SPX holds it together and pulls out another week inside the Expected Move SPX Expected Move--last week-- 93.88 (expected)--next week-- Volatility Box and Sector Rotations--SPY/Bonds--SPY/Dollar--SPY/Gold Big Tech getting frothy--AMZN--FB - vol skew flips--MSFT Bond watch! Do not get lulled to sleep--is ain't no quiet market!--Volatility is alive!--VVIX, Vol Futures
Skirting the Weekly Expected Move and Planning the Shorts
We're still at the upper Value Area Extreme of the Profile along with the weekly SPX Expected move - both of which point to higher odds of selling ahead. But in tonight's video, Corey highlights the higher probability but advocates hedges and preparation in the event bulls break through 3000 in the SPX to carry…
On the Edge of the Volatility Box
For the third time in three weeks the S&P is at the top of the range of the volatility box. This is a crucial point in the market. The SPX all week has been skirting the top edge of the expected move for the week. Our last gravity point is a stone throw away. Don't…
Profile Says Sell - What are your Trades?
We're back into a familiar situation into an overbought level that suggests a short-term sell-off in price this week - and we may be seeing it begin in today's session. In tonight's video, Corey highlights how the Volume Profile is again flashing an advantageous "sell signal" and what targets for success - or stops -…
Small Caps Leading the Way?
Markets explode higher led by the Russell 2000. However, we still remain inside the volatility box in myriad of products. Here's the level you want to watch for a breakout…
Big Tech on the Ropes?
Da Bears are everywhere!--Initial jobless claims - 36 million and counting--Retail Sales-16.4%, total spending down 89.3% YoY--BBY, JWN, BBBY, COST, WMT, KR--GDP could decline by 42% in the second quarter, according to the Atlanta Fed Monsters of Tech5.8*FB+6.4*AAPL+12.7*MSFT+GOOGL+AMZN--tech weak and threating to break apart--sector rotations are reversing--RUT, XLE, XLF, and Tech--if tech goes, we all…