We just broke out less than a week ago and you're already questioning the direction? You're experiencing the "Unch'd Effect." Today is a good example of the market finishing with no real direction and a tremendous amount of news bubbling just out of sight for market bulls. At the moment, participant
-Evidence of gamma squeezing is everywhere -4211 hit! what now ? -is it over? Bonds and VVIX see RISK ! -No Pause? Fed Fund futures shift -can Foot Locker be contagious? -regional bank issues Get your trade on - This week's Profits and Losses -covered /ES short calls 50% gain -closed NVDA QQQ Call
In today's video we discuss hawkish comments from multiple Fed members and discuss the shifting outlook of a rate pause to a rate hike. In addition, we discuss the strengthening U.S. dollar and the historical inverse correlation between the U.S. dollar and equities and we also look at the occasional
Seven mega-cap stocks continue to keep the market in a tight range despite the banking crisis, inflation, and higher interest rates. It's still remains to be seen if the move higher today is the start of a breakout higher or a fake out. A review of the expected move for the week tells us even
Today's session continued the ongoing theme of "strong technology, weak financials" (and almost all other sector ETFs today). In tonight's Theo Video Update, we pinpoint the strongest two sectors, weakest sectors, and the others floating in-between strength and weakness so far in 2023 and how that's
Debt ceiling discussions are heating up as the X-date looms. As usual, all of the rhetoric is getting pretty thick as "default" looms large. How does this impact money market funds? Also, as the market meanders, are we setting up for another short squeeze. (KWEB, BABA, HAS, FUBO, UXIN, UPST, REAL, E
-6 weeks same range! -Single stock risk and the SP500 -how much longer can tech hold markets together -bull/bear case for US Treasury default -SKEW, VVIX risk builds Get your trade on -This week's Profits and Losses -covered /ES short calls 50% gain -closed BABA for a 30% gain, WMT exp SPX Expected
We had additional data that inflation is cooling - that's generally good - but the market still refuses to move meaningfully away from this 4200 level in the SP500. In tonight's video, we highlight the increasing split between key financial stocks and certain tech stocks and note why they're moving
In my 25 year career I can not recall a time when we have to watch so few stocks that are going to move the market. The monsters of tech are the only stocks holding the market up and it looks like the mother of the monsters of tech, AAPL, is poised to continue to
