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, K
- 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 yi
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 target
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 awa
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 - kn
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
-Spuz taking 150-200 point moves in stride… not good! -Volatility box 3600-3800 -High correlation and concentration of liquidity -SPX, SPY, QQQ, VIX option volume approx 17 million -Gamma risk is at catastrophic levels -Energy complex -Thin red line in bonds -Dollar in a short squeeze? -Earnings, co
This has been a volatile trading week already with Wednesday's Fed Minutes and today's CPI Inflation Data but with those behind us, we now shift our focus to earnings from major financial companies and how XLF is positioned at the moment. In tonight's video, we revisit the "Risk Reversal" idea that
It's all about the CPI number tomorrow. Now is the time to look at your risk whether you are long or short and make sure you are comfortable. The market can explode either way on the CPI report. Here's how to analyze your positions...
