-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)
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.
This week may not have started with high volatility, but it could end the week that way. That's because we'll have key inflation data - the Consumer Price Index (CPI) - Thursday morning and once the dust settles there, we'll have major financial stocks report earnings on Friday morning. Here's your
Stocks are consolidating near their all-time highs, but the Dollar is attempting to stage a rebound after pulling back for a couple months. Does this signal more weakness in stocks, or could we be on the precipice of a new macro regime whereby stocks rally with the Dollar?
The S P 500 posted a nice one-day rally on Monday as we await key inflation data and bank earnings by the end of the week. Is this the beginning of the next leg of the late 2024 rally or is this just the relief rally that will soon end. Let's see what the volatility markets
—volatility starved animals beware —economic data challenges rate cut logic —bonds are fading —FED speak is going to get dangerous —AAPL slippage —lack of correlation is disconcerting SPX Expected Move -- --last week -- 51.73 (4-day expected move) --next week-- 60.67 (5-day expected move)
In today's video we dive into jobs data looking the number of people employed, unemployed and with multiple jobs. We discuss jobs data as an indication of future monetary policy from the Fed. We also look at TSLA, BYD, COST, WMT and the homebuilders for potential trade setups.
With the market falling from highs, how are stock prices shaping up to begin 2024? Let's look at three plays that should benefit by the market outlook in the coming months. (FXI, JETS, GLD, IYR, XLE, XOM)
With the exception of the Dow, stocks are down hard to begin the new calendar year. We're seeing nice strength stem from the healthcare sector, which is being driven by a breakout to new all-time highs by Amgen (AMGN). Both Bitcoin and Ethereum made new highs too, but was that confirmation of the bu
