Recession 2016 More and more evidence of a recession in 2016 seems to be rearing it's ugly head. Bonds are screaming higher which is a tell tale sign that the market is thinking recession. Meanwhile financials are officially in a bear market. I keep watching the implied volatility in the XLF and tha
Sell Rallies Sell Rallies continues to be the theme of the stock market. This fragile market can not get a rally going. What kind of opportunities are in this type of market. Right now there are two types. One, there are several names that are showing strength in spite of the market sell off. These
XLF Volatility Signals Fears XLF volatility signals fear is at an extreme. The implied volatility is telling anyone looking to stay away from the long side of this market. It is also telling us is that no longer risk is here, but here to stay. The XLF IV% is over 30% for the foreseeable future.
Stock Market Divergences Stock market divergence is taking center stage with the Nasdaq still outperforming the RUT and S P by a wide margin. Eventually the indexes will have to get back in alignment before the bear market is over. Let's also take a look at the high volatility in the XLF. In tonight
Commodities Go Up Commodities go up today with the dollar imploding. What you need to know about gold, oil, bonds, and stocks going into Friday.
Stock Market Levels Stock market levels are important to keep on your screen. We have been pointing out the significance of the 1871 level in the S P for quite some time. Today the sharp sell off stopped at the 1871 level and rallied. The financial stocks represented by the XLF sold off to new lows
Stock Sell Off As predicted the selling the broader market resumed today with the Bond markets exploding to the upside. Fear is in the air but the volatility index is still not reacting to what has amounted to heavy selling across all sectors and the financials seeing a nearly 3% decline.
GOOGL Earnings GOOGL earnings makes Google or Alphabet, Inc is the new 800lb gorilla. The largest company by market cap! Can GOOGL lead the markets higher? We will soon see. The risks in this market is vast. Let's go through them one by one tonight.
Selling Premium Weekly Options Selling Premium in Weekly Options has been what's out there. The SPX last week stayed within the expected move. Ideal for premium sellers. So what to expect next week? I've been watching the SKEW which has dropped off significantly. I'm interpreting this as traders are
