It's a new month here in TheoTrade and we're taking a moment at the start of the month to highlight the two strongest sectors - and why they remain strong - against the two weakest sectors and how most sectors are meandering near the middle of unchanged so far. In tonight's video, we take a
—Bonds —options activity in Tech —bad economic times so good ? —Skew / volatility —strong dollar inflationary warning ? Get your trade on-- This week's Profits and Losses --covered /ES puts 50% gain --opened /ES strangle against existing hedges --closed TLT bullish in/out spread 55% gain SPX Expecte
In today's video we look at the Head and Shoulders Pattern that has appeared on the SPY. Also, we discuss the pattern being a trend reversal and the admission of the Federal Reserve that the pattern is a viable trading pattern. In addition, we discuss the catalysts that will support the price patter
This week there's been an onslaught of bad economic news which points to a recession. Yet the markets rally based on the belief that bad news is good news for the stock market. The Fed will have to cut rates to stabilize the economy. However, with inflation still running hot we are at a unique
We had another "bizzaro market" event today with much weaker than expected Consumer Confidence numbers helping boost stocks higher - and if it doesn't make sense on the surface, that's ok. In tonight's video, we discuss how the market interpreted the news through the perspective of the Federal Reser
Two consecutive days in the green had option traders looking to Chinese stocks for leadership. With Chinese stimulus efforts underway, is this the beginning of the next big rally or do you look to fade the rally? (KWEB, BABA, JD, ASHR, GOOGL, OXY, DIS, MET, CAG, XRT, PFE)
-Has the AI Unwind Begun? -Bonds are a critical destabilizing factor -High correlation prevalent -Two-sided trade will remain -strong dollar could re-ignite inflation SPX Expected Move- -last week - 79.28 (expected move 5 day week) -next week - 66.85 (expected move 5 day week)
In today's video we look at the high correlation between NVDA and AI stocks. We discuss the failed bullish continuation in NVDA and the expected bearish continuation of the AI cohorts. We analyzed the potential downside targets in the QQQ and broad market assuming the bearish trend continues.
The much anticipated NVDA earnings were released and blew away revenue and earnings expectations. Yet NVDA only went to the edge of it's expected move and so far has stayed inside it. The SPX will open tomorrow at the edge of the upper end of the weekly expected move. I'll be using this as
