GDP Slowdown Signals Rate Cuts?
In today's video we discussed Advanced Gross Domestic Product. The decline in GDP as a sign of economic slowdown and forecasting a potential recession. We also reviewed the CME Fed Watch Tool pricing in rate cuts as early as July.
A Destabilizing Dynamic Forms in Markets
Big tech continues to save the market from the abyss. Big tech is the only major sector up YTD and it's being driven by MSFT, AAPL, TSLA, NVDA, GOOGL, AMZN, and META which account for 90% of the S&P YTD to gains. For the week the SPX is already at the lower edge of the…
Surprise Beats and Earnings Extravaganza - with More to Come!
We saw a sell-off in stocks in our "Reward Pathway" Play today with many stocks taking a larger hit, but we ended the trading day with surprise earnings beats from tech-titans Microsoft (MSFT) and Alphabet (GOOGL). In tonight's Theo Video Update, we put all the pieces together and continue planning the week ahead which has…
Oil & Gold Lead with Earnings Focus Turning to Communications Following Financials Promising Start
Financials helped kickstart a better-than-expected earnings season, but volatility gauges are pointing to the downside risks. Energy and gold shined as they looked to rally off of oversold levels. The Communications sector is about to have a big earnings week and option activity trends cast doubt on a repeat of the performance of the big…
From Boring to Thrilling: Unlocking the Power of Options Trading in a Flat Market
--falling flat? /ES 4100 - 4200 --SP500 is 5 stocks GOOGL, META, MSFT, NVDA, TSLA --Tech camouflaging weakness --SP500 diversification is dead --Lower Vol is not so bad; the SKEW is with you! Get your trade on-- This week's Profits and Losses --covered /ES calls and /MES calls --closed a TSLA Catapult spread for HUGE…
TSLA Starts Pile Up
In today's video we discussed the falling margins and lower costs of Tesla we looked at Tesla's financials and estimated potential correlations in Toyota, GM, and Ford. We also discussed consumer discretionary and copper as an indication of demand.
Black Swan Event Imminent - Jeff Bierman Tells MarketWatch
Excerpt from the article: Assets moving in tandem is the theme of our call of the day, from TheoTrade’s chief market technician, Jeff Bierman, who sees dark clouds gathering for markets due to “asset auto correlation overload.” Bierman, an adjunct instructor at Loyola University’s business school, explains that bitcoin BTCUSD, -3.69%, gold GC00, +0.36%, the S&P 500 SPX, -0.60%, bonds and oil have been “moving together in…
Are Markets too Quiet?
Markets continue to drift sideways as this is the 3rd week in a row where the SPX has not come anywhere close to the upper or lower edge of the expected move. This is highly unusual. Year-to-date, Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla are responsible for nearly 90% of the S&P 500's gains.…
Major Earnings Misses and Beats: Your Guide to This Week's Big Earnings in Play
We saw other large financial companies report their earnings along with stocks across other sectors miss or exceed expectations though the broader market was completely unchanged by the close. We'll be focusing on IBM and Tesla (TSLA) tomorrow along with other key companies yet to report - here's your guide to what's happening now....
Debt Ceiling Disco Heats Up Early as S&P Surges Most Pre-Earnings Since 2009
We're about to wrap up the bank portion of earnings season as the debt ceiling discussions move to the fore. Is there any avoidance of "bumbling" into a solution? While earnings season hasn't derailed the S&P, it's the pre-earnings run that brings earnings guidance under the microscope. (SYF, TGT, CVX, CVE, HPQ, TME)...