Today was already a volatile Tuesday in the market with a rally turning to a reversal that led to new bear market lows printing in the SP500 and NASDAQ. The week is young; the Federal Reserve will release their Minutes which gives insight into their ideas about current and future inflation and inter
With the escalation of the conflict in Ukraine, it's no wonder defense stocks rallied on Monday. The surprise was the drop in gold as a supposed inflation hedge. Amidst the madness, money managers are increasingly petitioning for the Fed to pivot as performance suffers. (XLP, XLU, PYPL, HYG, FCX, BX
-Good jobs gone bad -Fed Probabilities a flyin' -Bonds on the edge of abyss -Low Beta equals high risk? XLU, VZ, PG -new leg of extreme volatility forthcoming? -MegaMarket Cap @ lows -earnings on deck SPX Expected Move - -last week - 121.11 (expected move) -next week - 124.50 (expected move)
Friday gives us the big Non-Farm Payrolls or monthly "Jobs Report" and we're ready to go. In tonight's video, we highlight the volatility and potential expected move ranges to look for on any surprises before the market opens tomorrow. We also take a quick look at ongoing trends in the Dollar, Inter
Whipsaw price action in the S P 500 today as buyers eventually came in to send the S P to a 2 standard deviation move on the week. With everyone looking at this as the largest move up since the covid crash here's why considerable risk remains.
Stocks rallied roughly 5% in the last two sessions as the "Risk Reversal" we discussed in last week's video is coming to life. But how far will it go and what are we watching specifically at the end of the week? Find out in tonight's Theo video update...
Are we back to what's good is bad and bad is good? It sure appeared so as ISM Manufacturing New Orders slipped into contraction and Apple expects App Store purchases to decline. What's about to lead the way in the short-term recovery? (AAPL, XLU, JPM, OXY, TSLA, PCG, KO)...
- BOE broke who’s next? - Inflation vs the Fed - PCE inflation data HOT! - Breaking the central banks - Dollar and bonds - Volatility positioning - AAPL, TSLA, AMZN, SBUX, Energy, Financials SPX Expected Move - last week - 123.00 (expected move) - next week - 121.11 (expected move)
As we end September 2022 and prepare for October, stock indexes and futures fell to new lows of 2022 with key stocks continuing to print new lows ahead of the indexes. Today focused not just on Apple (AAPL) declining 5% but other leading tech and retail stocks joining into large intraday losses. In
