Buyers Beware! Bearish Read on Volatility Should Make You Nervous
It's been a great run over the past few weeks. However, the indications from the volatility markets are signaling a 5-10% correction in the coming weeks. This places a historically bullish period in the sights of market bears as we head into the end of year. (GOLD, NEM, CLF, STLD, AAL, SAVE, DAL, MARA, COIN,…
Markets in the Black with the Economy in the Red?
-vol has been crushed, possibly too far... -one last hurrah in bonds? -does anything but the Magnificent 7 matter? -will markets hold it together till year-end? SPX Expected Move -- -last week - 48.53 (3 1/2-day expected move) -next week - 46.29 (5-day expected move)
Bad Durable Goods is Good?
In today's video we look at Durable Goods Orders as a predictor of bond prices and business cycle. We discuss other recession indicators and we discuss the expectations of another push higher in equities going in to the end of the year.
NVDA, Tech, and Earnings in a Holiday Week - What's in Play?
We're seeing little movement in key tech stock NVIDIA (NVDA) after hours, at least on the initial earnings announcement. In tonight's video, we pinpoint the price targets and then continue scanning for relative strength in a flat sideways market outside of key tech stocks. We have your update covered for you in a holiday…
Bond Breakout Lifts Stocks on Shortened Week
Strong auction for 20-year U.S. Treasuries helps lift stocks to new intraday highs ahead of the Thanksgiving holiday. With NVDA set to announce earnings tomorrow AMC, the bears have a little more hope for a reversal before volumes dissipate. $NVDA, $PLTR, $MARA, $SOFI, CCJ, URNM, $AI, $NKLA.
Is a Severe Recession Imminent?
-CPI and the 2 minute week -Oil -Bonds -WMT, CSCO PANW, BABA, BIDU -VIX is a broken metric -SKEW high flyin’ SPX Expected Move - -last week - 63.82 (5-day expected move) -next week - 48.54 (3 1/2-day expected move)
Bonds and Oil Signal Economic Threat
In today's video we look at bonds rally indicating a flight to safety and oil prices falling as a sign of destruction of demand. Additionally, we received a warning from Walmart indicating the holiday retail season would likely miss analysts expectations. This is extra concerning as the final quarter of the year usually sees 80%…
Softer Data and a Stronger Market?
- Don Kaufman of TheoTrade discusses market conditions on November 15, 2023, noting the S&P 500's mild uptrend despite mixed economic data, with retail sales softer and Producer Price Index (PPI) in line with expectations. - Kaufman highlights unusual activity in the bond market, with high trading volume and a significant pullback from previous gains.…
CPI Sends Tech Stocks, Retail Banks, the Russell, and Bonds Flying - Your Evening Play
In last week's video I highlighted the rally reversal in bonds and tech stocks and one week later, we see that same play continuing - and extending - to new 52 week highs in market-cap leading tech stocks including MSFT, META, AMZN and others. In tonight's video, we pinpoint the CPI inflation data and how…
Massively Unch'd as Debt, Spending and Inflation Reports Loom
What a day of indecision! Equities and bonds finished unchanged for the day as data looms regarding a shutdown, inflation and Moody's negative outlook for U.S. debt. One thing appears certain, we're starting the week this way, but likely won't finish it this way. (ARKK, KHC, EQT, XLK, KRE, KEY).