A Contrarian Trader's Dream
A first blush look at the S&P and you would think this is a quiet market. However, extreme moves are happening everywhere as the industries tends to get too bullish or too bearish too soon. Tech continues to get destroyed. For example, China took a shot at the new administration saying that AAPL iphone sales…
Ranges Breaking Loose; Movement = Opportunity
The stock market continues to figure out the winners and losers from the presidential election. Let's review stock sectors one by one...
An Epic Trading Day
An Epic Trading Session Leads to a Massive Market Bifurcation. The only thing more shocking than the election results was the market reaction to those results. After going limit down over night in the S&P Futures the market rallies today. Did everyone have the market's reaction to a Trump win wrong or is the first…
Still Expecting a Volatile Evening
The expected move across all the major indexes are expecting a volatile evening. This move will most likely happen over night in the Futures market. As the election wraps up let us all remember one thing in tonight's video... We are opening up our trading room for 2 days - November 8th and 9th. If…
FBI Rally or Dead Cat Bounce?
The 9 day losing streak was abruptly ended by the FBI rally last night. The move we saw today was mostly made overnight as futures opened up 25 points and continued the rally until the close of the cash session today. All of the loses over the last 9 days have been make back. If…
Uncertainty Prevails With Volatility At Extremes
After 9 down days don't get fooled into thinking that the 10th day needs to be an up day in terms of volatility. There is still a 50/50 chance that Monday could be an up day or down day. What you need to pay attention to more is the risk you have exposed. In this…
Factoring Movement Into Tuesday
With the presidential election spread continuing to widen we turn to the most immediate economic news. Tomorrow will be last jobs report before the election. It will also be a key measure of what the Fed will do in their last meeting of the year. The markets have already factored in a 66% chance of…
Signs of Long Duration Risk Emerging
Markets continue to weaken in key areas. We have been talking for a while about a small group of stocks holding the markets higher. Today we saw a breakdown of these stocks much greater than the overall market. Here's where you need to keep your eyes on in the coming days...
How the S&P500 Will Handle the Next Week
Lots of catalysts over the next week around the S&P500 starting tomorrow with the FOMC announcement. Unemployment numbers come out on Friday. Oh and let's not forget the Presidential election which encompasses wikileaks and FBI announcements. Here's how to navigate the markets in the face all these landmines...
Traders Are Going Long on Volatility, Are You Ready?
With traders buying up and going long on volatility, what are they preparing for? The only thing that moved today was volatility. Let's take a look...