Recession Back on the Table? Energy Traders Seem to Think So
One of the strengths to the market in 2022 has been the energy trade. Back from 2020 obscurity, it looked like it was poised for the next secular bull. However, with recent data pointing to weakness headed into 2023, it didn't take much for Fed Speak to drive energy equities lower. As the dollar positions…
When Will Reality Meet the Markets?
Is Santa's Rally Coming? -Sector update - QQQ, XLF, XLE, XRT, XLP, XLU -jobs is coming! -too data dependent, cannot bank on ANY move! Volatility is on the move- -SKEW, VVIX higher -will VIX follow suit? Get your trade on - This week's Profits and Losses - GOOGL, /ZB, limited range great for premium sales…
Turkey or Dove? What were in the FOMC Minutes?
Market grind higher in holiday tape. This is a time to be cautious as SKEW and the VIX have started to rise. Markets are getting up to a few key areas. The next 2 weeks will have critical data coming out that will determine the Feds next move. Have a Happy Thanksgiving.
Your Plan for Wednesday Headline Volatility and a Checkup on the Strongest/Weakest Stocks this Year
We have a holiday week in motion but Wednesday could have surprise volatility with early morning headlines and the Federal Reserve's Minutes. Outside any surprises, we may easily continue this bullish 'holiday week' drift. We also see what's similar about the Top Five Strongest stocks and the Bottom Five Weakest stocks of the year (and…
Bulls Looking to Give Thanks but US Dollar may Run Off with the Turkey
Bulls hoping Black Friday Deals include stocks moving higher to end 2022. However, today's bullish move in the US dollar may spoil the party as the traditional bullish year end clearance comes up short. (TSLA, HYG, HD, SLV, AEO, CROX, USFD, XLE, NWL)
Calm Before Another Volatility Storm?
-Markets pause, no spx breech! -Living in the upside down -TGT is reality, cooling inflation is not -Energy, financials rolling over? -Skew picking up, vvix dropping -Holiday trading, don’t get off your game Get your trade on - This week's Profits and Losses -JPM, /MES -New ideas, GOOGL, introducing the Catapult! SPX Expected Move-- -last…
Your Stock and Sector Update for the Middle of November
In tonight's video we take a moment to step back and gain insights from sector strength and weakness in the context of the ongoing downtrend in stocks. One sector continues to outperform, two sectors continue to underperform, and the remaining sectors mostly meet in the middle. However, we pinpoint ongoing weakness in three major stocks…
Will Inflation Cooling Be Enough to Take Markets Higher?
The cooling CPI numbers rallied the market recently, but now the weaker demand is showing up in earnings. Bad earnings and poor guidance is hurting individual stocks. How long will it take for declining earnings to eventually take down the rest of the market? Let's take a look at some of the factors that will…
Inflation, Headline News, and Earnings Rock Markets Today
With so much to cover in tonight's TheoTrade video update, we pinpoint first the earnings in major retail stocks including a big surprise higher in Wal-Mart (WMT) with other stocks reporting earnings tomorrow. We also discuss the impact of the pre-market PPI Data - like the prior CPI data - showing inflation cooling which sent…
The Curious Case for the Bulls as the S&P Reaches 2-Month High
The S&P 500 faded from its two-month high as the wall of worry may be building. The curious case of falling margin and revenues while prices rise may be solved soon, but these volatility gauges suggest that we're not there yet. (WMT, XLP, AAPL, SYF, COF)