Markets Ready to Rumble for Jobs Report Friday
We're eagerly awaiting the monthly Jobs Report pre-market Friday to give a sense of the Unemployment and jobs created (or lost) over the last month and of course how the market will react to the data. In tonight's video, we take a top view of the "line in the sand" the market is approaching and…
Market Rally or Market Ruse?
The S&P rally is closing in on our gravity point exactly as we expected. Now is a great time to start nibbling on the short side again with the risk/reward in your favor. Here are the kind of trades I'm starting to put on in anticipation of the move to come in the next few…
Your Key Markets Price Level Update and Targets to Start August
Last week saw high volatility and major companies reporting earnings along with the Federal Reserve raising the Fed Funds Rate 75 basis points in the middle of the week. This week could be calmer and we begin the new month with a broad market price and trade target update in equity futures, Gold, Bonds, Oil,…
ISM Brings Market Back to Reality After Exuberant Week. What's Next?
Today's ISM Manufacturing numbers were a clear reflection of what many are assuming about the economy. However, if we're all assuming it, does that mean that the recessionary scenario is priced in? If you look at the increase in short interest it does, but surprises are always that order of the day. (RIVN, NKLA, TSM,…
Inflation, Rate Hikes, Recession, and a Rippin’ Rally?
-Bad news is back to good? -GDP declines… again! -PCE flyin' high- inflation matters? -Earnings are bifurcated! -AAPL, AMZN, INTC, ROKU, PG, XOM -mega market cap saves the day -IV drops but realized vol still flying -reality of the rally -bears done or is this just the beginning? -SKEW, I think it moved? -VIX floor?…
A Split Decision in Major Earnings Today
We continue our volatile news and earnings-fueled trading week with leading market cap stocks Apple (AAPL), Amazon (AMZN) along with Intel (INTC) reporting their earnings after the bell - and it the earnings outcomes were mixed. In tonight's video, we focus on the earnings-based expected move price targets, whether these (and other) stocks are within…
Can Markets Handle Aggressive FED Rate Hikes?
FOMC raises 75 basis points which was expected. Jerome Powell's comments were slightly more dovish than expected which led to a massive rally. Here's what to expect the rest of the week...
Big Earnings and Big Fed Day - Your Guide for Safe Plays
This week remains a big one with news, volatility, earnings, and the Federal Reserve announcement Wednesday afternoon. In tonight's video, we briefly highlight the after-hours movement of key market cap leaders Microsoft (MSFT) and Alphabet (GOOGL) which just reported earnings - but they weren't the only ones to do so. We also take a top-down…
Ag and Energy lifted as the Short Squeeze Appears to be Fading Ahead of Fed
A big week for data ahead as the FOMC policy statement and Advance 2Q GDP are released. With energy prices rebounding, and agricultural stocks surge, it appears that the stagflationary story is almost complete. (MOS, TLT, GE, SLV, PBR, RIOT, BITO)
Here is Why an Onslaught of Volatility is Coming
--FMOC is BACK, markets say 75bps --sector recap --respect the move in SNAP --fear the moves in T and VZ --big week for tech earnings / calendar packed --dollar weak, bonds strong, equites weak --metals to make a comeback! --Vol trade, low VVIX won't last SPX Expected Move -- --last week -- 87.83 (expected…