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…
Staggering Degree of Risk in Crypto, Don Kaufman Says in TV Interview
Bitcoin rebounded to almost 24,000 yesterday, the highest price in over a month. Bitcoin is up 20% in the past week. Is it time to jump back into crypto? A resounding no says TheoTrade’s Chief Market Strategist Don Kaufman. “There has to be absolute utter despair in the marketplace before we hit a bottom,” Don…
Surprise Earnings and an Ongoing Bear Market Rally
Equities crept higher yet again today as traders took in the earnings from Tesla (TSLA) and other major stocks. In tonight's video, we pinpoint the "bear market rally" potential targets and what it was like earlier in 2022 in a similar rally. Finally, we highlight stocks playing either direction from earnings in today's session and…
Short-Term Pain for Long-Term Gain Investing
The market has rallied nicely over the past week and it may be setting up for the fall in the coming weeks to months. Is it a good time to buy with the hopes that the Fed will navigate this bear market into the next bull in 2023? (MRO, BG, TLRY, XLB)...
Netflix Earnings NFLX In Motion - What Levels are in Play and also for Tesla TSLA Tomorrow?
Netflix (NFLX) reported earnings right after the bell Tuesday and shares surged right on the announcement - but will they hold going into Wednesday morning? And what price levels did the option market price in? And finally, what levels are the market pricing in for Tesla (TSLA) shares on its earnings after the bell Wednesday?…
Sour AAPL Ruins a Decent Rally
Rally reverses on news that AAPL plans to slowdown hiring and spending. If the largest most profitable company on the planet is struggling that does not bode well for any other company and the economy at large. There will be lots of earnings announcements coming up and here's how I would trade NFLX's earnings.
Markets Bounce while Economic Issues Continue to Mount
--data dependent and sketchy! --FOMC July 27th --earnings mixed but do numbers matter? -- JPM, WFC, C, MS, Tech on deck --Chinese GDP did not impact markets --inverted curve --dollar/commodity crisis SPX Expected Move -- --last week -- 94.70 (expected move) --next week-- 87.83 (expected move)
Your Focus on Financials XLF Ahead of an Active Earnings Friday
Morgan Stanley (MS) and JP Morgan (JPM) lead the group of financial stocks in the XLF with earnings this morning, and both companies missed revenue and estimates. Tomorrow morning treats us additional leading financial stocks as they report their earnings and any guidance from their upcoming conference calls. We pinpoint the expected moves and what…
Does a Hot CPI Indicate a More Aggressive FED?
Blow out CPI numbers for June sends a strong message to the FED they need to get more aggressive with the rate hikes. The SPX once again is dangling off the cliff of the Weekly expected move. There's a tug of war between the bear and bull case. Here's what to expect the next 2…