Game On! Volatility Strikes Back… and It Strikes Hard
It looks like, after a long, long run of being upside-down, bad news is bad news again… Not-great jobs numbers are pointing to an economic slowdown; crude oil prices are actually pricing one in. Bond prices are in full-on “duck-and-cover” mode.” Second-quarter earnings have been kryptonite for tech stocks. Investors are getting a rude awakening…
Markets, Please Exit to Safety In an Orderly Fashion
The “feel” of the market is strange right now. It feels like someone saw a fire and pulled the alarm… but investors are essentially treating it like a fire drill. We’re not seeing panic, chaos, mass capital destruction - just a big selloff of the marquee names like Nvidia on the NASDAQ. Stocks like NVDA,…
I Wasn’t Joking About “Risk-Off” - This Is What to Do
Over the past couple of weeks here in Sector Leader Bullseye, I’ve been ringing the alarm surrounding the flow of capital into defensive segments of the market. In fact, I felt so strongly about it that I was compelled to do a special session on Wednesday on the cautionary rotations taking place underneath the surface…
The Hallmark of Volatility: A Rip-Your-Face-Off Rally!
Fed Day played out about how we expected - a massive buying bender before the FOMC announcement and JPo press conference… and some selling afterward. (And by “some,” I mean we’re off 40 handles since Powell spoke.) But the price action I’m looking at right now, and which you’ll be seeing in just a second,…
Tech Is Weighing Down the Markets in a Flight to Safety
It’s tough to call them the Magnificent Seven anymore, at least with a straight face, but these stocks - once the leaders among leaders - are all down today. It’s one of the starkest reminders yet that tech is becoming a hurdle for the indexes to clear, rather than a springboard for launch. The selloff…
For Markets, This Is the Start of the Biggest Week of the Summer
It’s really tough to overstate how important the next four sessions are going to be. The Fed will begin to lay out its plan for rate cuts. Some of the biggest companies on the planet are announcing earnings. And there’s a little employment announcement coming Friday. So, saying there’s “significant” potential for volatility is putting…
TheoTrade’s Tale of the Tape: The Flight to Safety Accelerates
Between election season, economic data, and September rate cuts all but confirmed, markets are fresh off a volatile week of trading. In fact, Friday’s rally staved off what could have been a cataclysmic close to the week. In recent weeks, I’ve made a point of updating you on some of the cautionary capital flows taking…
The Volatility Beast Is Waking Up
On Wednesday, I told everyone who knows what’s good for ‘em to get their helmets on, because it’s about to get very choppy. Well, I hope your choice of protective headgear is comfy and stylish because my prescription hasn’t changed. In fact, if you’ve got two helmets, put ‘em both on. The VIX and all…
A.I. Timing Webs Has Launched
Markets have been all over the place this week, but there’s been a true diamond in the rough amidst the turmoil - biotech. As a reader of Sector Leader Bullseye, you’ve been in the loop as to what’s transpiring in this sector, and the good news is that it’s still early. Yesterday, I unveiled…
Investors Are Betting Against Inflation and For Recovery
Note: My friend and colleague Gianni Di Poce will be on TheoTrade Live tomorrow morning to talk about how to use AI for a shot at doubling the markets. AI looms large right now… We were treated to an unexpectedly strong second-quarter GDP print today - 2.8% on an annualized basis. That’s almost double last…