Will PCE Reaffirm High Inflation?
In today's video we look forward to Friday's Personal Consumption and Expenditure (PCE) Price Index. We discuss the expectation of inflation remaining relatively high and the impact on consumer spending. We look at oil prices as a predictive indication of inflation and earnings as a reactive indicator of inflation.
What's Chipping Away at This Rally?
Various intermarket conditions point to an increased potential for turbulence in equities in the coming days and weeks. Save for semiconductors and the monsters of tech, which continue to act well, a sustained rebound in the Dollar and uptick in long-term interest rates suggest that risk conditions are elevated near-term.
Your Guide to Volatile Earnings This Week - NFLX On the Move
This week we get to play some earnings trades as earnings season begins for 2024. We're seeing Netflix (NFLX) rally immediately after hours on its earnings as we plot its expected move for tomorrow and beyond. Also, we update you on earnings earlier in the day and those planned for the next few days for…
Unstoppable Bull or Hibernating Bear?
Is this the resurgence of a bull market or are investors walking into the bear trap? Let's look at how to identify a bull or bear market. ($PYPL, $SMCI, $KWEB, $KEY, $GEO, $PPC, $MU, $WDC).
Markets Rip with a Feverish Pitch!
-tech comes roaring back -NVDA is the market -call buyers gone wild, skew inverts -Fed funds go 50:50 in March SPX Expected Move - -last week - 55.12 (4-day expected move) -next week - 58.27 (5-day expected move)
Did Today's Volume Signal New Record Highs ahead of Sentiment
In today's video we analyze the major indexes movement on higher than average volume. We discuss the potential impact of a better-than-expected Consumer Sentiment report. We also target the S&P 500 reaching new record highs over the next couple of trading days.
Late Rally Reveals Key Level to Watch for the S&P 500
All S&P 500 sectors finished in the red as interest rate expectations begin to shift into the March FOMC policy announcement. This caused selling in more interest rate sensitive parts of the market and a shift toward consumer staples. However, a large SPY print of 1.65M shares revealed a key level to watch for the…
Stocks Struggle as U.S. Dollar Sees Safety Bid
Once again, we are seeing stocks struggle whenever the Dollar catches a bid. But not all hope is lost for bulls, as various semiconductor stocks continue to hold up well. Uranium is another sector that is keen on further gains, although their does appear to be some rising risks on the interest rate front.
Will Volatility Return with a Vengeance?
-extreme call buying is driving orderflow -CPI and Fed Fund Probabilities -Big banks, questionable earnings -will markets get a dose of reality SPX Expected Move - -last week - 60.67 (5-day expected move) -next week - 54.02 (4-day expected move)
What Tomorrow’s Bank Earnings Can Tell You About What’s Coming Next
In today's video, we discussed upcoming bank earnings. We also considered a decline in earnings as an indication of low lending and therefore low growth.