A Pivotal Fed Moment for Markets?
-Breaking bad, outside the volatility box - where we are headed, /ES levels you need to know -Big, bad, and ugly, a tech earnings slaughterhouse -100 billion reasons to be concerned about tech -Will the Fed dove out? Probabilities of hiking! -GDP was great, durable goods a disaster, PCE as expected -short something? Here are…
Tech Earnings Take Down the NASDAQ Again: Major Earnings in Play as we End a Volatile Week
We've seen technology stocks surprise to the downside on earnings, pulling down the tech sector and the NASDAQ while other stocks in other sectors remained strong. Today's earnings could change that. In tonight's video we revisit the "Risk Reversal" play now that an initial price target is complete and then cover stocks large and small…
Is the Market Rally On the Rocks?
The S&P 500 hits the upper edge of the weekly expected move and immediately reverses on the day. With big tech earnings disasters the short covering rally is in danger of fizzling out. Here's what to look for the rest of the week...
Tech Earnings Take Down the NASDAQ After the Bell - Expected Moves to Know for Wednesday
Despite another strong up-day and stock market rally, earnings from major tech stocks Microsoft (MSFT) and Alphabet (GOOGL) took the NASDAQ lower after-hours with their surprise earnings reports. In tonight's update, we continue the "Risk-Reversal" play and targets (almost achieved today) and then highlight the SP100 stocks with earnings and how they may open and…
Is It Time to Buy?
Despite the S&P 500 making its highest close since September 20, today's trade was more defensive in nature. The new high close saw Healthcare and Staples lead as the volatility backdrop is open for bigger upside movement. With the Fed as spoiler, it appears the market may be playing it safe. (KO, KDP, DLTR, CVS,…
Did Bonds Hit the Point of No Return?
- price action in the SP500 is a vol slopfest! - inside the vol box 3600 to 3800 - correlations remain incredibly high (sign of vol) - vix still holding the 30 handle w/ backwardation - volatility is alive 3641 to infinity and beyond - bonds have collapsed, capitulation? - implications of spiking yields, buybacks,…
Bonds and Stocks Slide while Stock Earnings Split
The big headline of today was bonds including TLT and IEF extending their downward slide to fresh new lows of 2022 (while yields on the flipside made new highs), but beneath that headline, we saw big movement in some key stocks reporting earnings. In tonight's video, we update your trends and targets and where stocks…
This Range that Defines ALL Markets!
Financials continue to get hammered as well as the Monsters of Tech while the Energy sector continues to explode to the upside. Join Don in tonight's video as he discusses the range that defines ALL markets and find out if Don is still longterm bearish in this marketplace and what you need to be aware…
Stocks Bounce, Oil Falls, and Earnings Surprise Us on an Active Tuesday: Your Plan of Action
We saw stocks continue the 'risk reversal' bounce play higher, extending the gains from last week's volatility. In tonight's video, we update what levels we're pinpointing as we focus our attention on some major companies reporting earnings today and tomorrow. Some big names are about to report - know your plan of action in the…
Can Bank Earnings Save The Market?
Bank of America (BAC) reported better than expected earnings as the market closes near high and cyclicals lead. Under the surface, a large print points to key level and option activity looks to reset hedges and speculate on earnings this week. (IWM, SPY, JBHT, KNX, DKS, HYG, IYR, KGC, CDE, CTRA, MRO)..