Oil & Gold Lead with Earnings Focus Turning to Communications Following Financials Promising Start
Financials helped kickstart a better-than-expected earnings season, but volatility gauges are pointing to the downside risks. Energy and gold shined as they looked to rally off of oversold levels. The Communications sector is about to have a big earnings week and option activity trends cast doubt on a repeat of the performance of the big…
From Boring to Thrilling: Unlocking the Power of Options Trading in a Flat Market
--falling flat? /ES 4100 - 4200 --SP500 is 5 stocks GOOGL, META, MSFT, NVDA, TSLA --Tech camouflaging weakness --SP500 diversification is dead --Lower Vol is not so bad; the SKEW is with you! Get your trade on-- This week's Profits and Losses --covered /ES calls and /MES calls --closed a TSLA Catapult spread for HUGE…
TSLA Starts Pile Up
In today's video we discussed the falling margins and lower costs of Tesla we looked at Tesla's financials and estimated potential correlations in Toyota, GM, and Ford. We also discussed consumer discretionary and copper as an indication of demand.
Are Markets too Quiet?
Markets continue to drift sideways as this is the 3rd week in a row where the SPX has not come anywhere close to the upper or lower edge of the expected move. This is highly unusual. Year-to-date, Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla are responsible for nearly 90% of the S&P 500's gains.…
Major Earnings Misses and Beats: Your Guide to This Week's Big Earnings in Play
We saw other large financial companies report their earnings along with stocks across other sectors miss or exceed expectations though the broader market was completely unchanged by the close. We'll be focusing on IBM and Tesla (TSLA) tomorrow along with other key companies yet to report - here's your guide to what's happening now....
Debt Ceiling Disco Heats Up Early as S&P Surges Most Pre-Earnings Since 2009
We're about to wrap up the bank portion of earnings season as the debt ceiling discussions move to the fore. Is there any avoidance of "bumbling" into a solution? While earnings season hasn't derailed the S&P, it's the pre-earnings run that brings earnings guidance under the microscope. (SYF, TGT, CVX, CVE, HPQ, TME)...
When the Market Music Stops is it a Meltdown?
- Cooling economy and deflation are bullish? - retail sales big miss - dollar down - bank earnings - high skew with low vol (xmas tree's) Get your trade on - This week's Profits and Losses - closed GLD - closed /ES put - NVDA spread - short calls update! - opened XLY in/out spread…
PPI Pokes Bears in the Eye
In today's video we discussed the negative PPI report as an early indication of CPI in future reports. We discussed potential sectors and stocks that could benefit from sliding PPI.
On the Verge of Volatility?
CPI created some short term volatility this morning and with the FED minutes and statements made out of the ECB as well as oil reports that were released, it seems nothing can break this marketplace from the present range. Are we on the verge of volatility? Join Don, in tonight's video, as he breaks it…
CPI, PPI, Oh My! Will Inflation Data Finally Break us Out of this Range?
Although we've had non-volatile trading sessions, that could change this week with an onslaught of inflation and economic data (retail sales) potentially surprising the market into a breakout. In the absence of any surprises, we're likely to trade lower and remain in this longer-term volatility box as described in tonight's video. Be prepared!