Stocks continue to sell as 2022 comes winding down. The S P is a short distance away from the lower edge of the weekly expected which also coincides with the top of the next volatility box. The next 2 days will be crucial as it will determine if stocks can hold or if the S P breaks
Today's session saw additional new 52 week lows in some key stocks, sinking the NASDAQ to a decline of over 1% while the broader market was flat. Bonds pushed fell lower with the TLT losing 2% in a single session (as rates climbed again). Here's your market update and sector check-up as we trade the
-volatility hurt locker! /ES 3800-3600 -focus shifts to AAPL (forget TSLA) -bonds backing (rates up) off but for how long? -financials will take damage if markets progress lower -do not look for surges in volatility... not yet! Get your trade on-- This week's Profits and Losses -closed all /ES optio
In tonight’s video we discuss the resilient economy freezing out the bulls while the bears thrive. Strong consumer confidence and a better than expected GDP has investors pricing in further Fed rate hikes in 2023 which equates to higher borrowing costs and delayed slowdown in demand.
Holiday tape has the markets bouncing higher, but the overall bearish theme remains. Here's a few stocks to watch for their next move lower. Plus the one stock so beaten up that I'm starting getting long...
While we could see a lighter volume/volatility week, key retail names are in focus (with two after-hour earnings plays) while two major names cracked the XLY ETF to fresh new 2022 lows - could the market be next? In tonight's video we highlight these two "weak stocks getting much weaker" at lows and
On a light day for data, the S P 500 grinded near lows as the bounce failed to materialize. The hangover from the Fed's statement last week clearly hasn't cleared and questions abound over how the market will end the year. The large print on the SPY may give us some guidance on that front (NKE,
- CPI FED - Big, Bad and Binary Movement! - 3931 held up through the roll - Have markets priced in a recession? - Confused trade in bonds - Volatility or lack thereof but SKEWs back! - Does Xmas stop the selling? - High prob of back to the VOL BOX! Get your trade
In today's TheoTrade Night Video, we discussed the fall in equities after the Federal Reserve rate hike and press conference. We also discussed the rate hikes from the Bank of England, European Central Bank, and Swiss National Bank. We looked forward to service and manufacturing Purchasing Managers
