Risk Explodes in a Wave of Selling!
S&P tags the lower edge of the expected move early in trading and then ends the day below it. VIX explodes higher as risk comes flooding into the market. Tonight's major earnings announcements from TSLA, AAPL, and FB will set the stage for crucial day in the markets tomorrow. Here's what you need to be…
Microsoft Boosts NASDAQ to New Highs Today as Key Tech Stocks Earnings Report Tomorrow
All eyes are focused on Microsoft (MSFT) earnings beat and surge after-hours Tuesday night as other major tech players get ready to release earnings after the bell Wednesday. But for now, which stocks - and expected moves - come into play Wednesday? Find out in tonight's Theo video update…
Did We Just See a Blow Off Top?
Lots of obscure stocks seeing crazy moves today as the overall market saw a roller coaster ride. It's not just retail traders involved in this it's also professionals. Here's what I'm looking at…
Markets Morph into Monopoly Money
Market Overview----Bad news Bears: Insanity prevails--NQ catches fire--Upside SPX Expected Move!--Internals breakdown, A/D? What A/D Options Bubble Goes On...--GME makes markets look like Xbox with money--call buyers target tech, MSFT, AAPL, FB SP500 Rally on Hold--SP500 needs the financials in order to continue to popagate gains--Energy takes a hit Tech Earnings--the week that matters --…
GME Plays Frenzied Gamma Squeeze Game of Chicken
GME is up 56% today, traded as high as 80%, and was halted multiple times. With a move like that, you would assume that the company had some major announcement that fundamentally alters the company’s future profitability. In the case of GME, you would be wrong. Apparently, a Reddit community post can direct the hordes…
Option Activity Signals Early Rotation into Defensive Sectors
Over the past few trading sessions, option activity has been picking up in defensive sectors and may be signaling an early rotation. The concept of sector rotation is that the market will allocate capital in the area that is likely to outperform. If noncyclical parts of the market are starting to gain relative strength, it’s…
Tech Surges Higher with Key Stocks in Play
They did it again after a sideways range. Key tech stocks including Apple (AAPL) and Alphabet (GOOGL) broke to new all-time highs which boosted the NASDAQ, QQQ, and Technology ETF XLK to new highs as well. Not all is bullish beneath the scenes though. Which stocks are still in play and what is key about…
Buy the Election, Sell the Inauguration?
Big tech is back! A big rotation today back in MSFT, NFLX, FB, AMZN, AAPL, and GOOGL. Here are the sectors to watch the rest of the week that will set the tone for the next move in the market…
Homebuilders Rally as Large Call Spread Appears on LEN
LEN Unusual Option Activity Report Homebuilders like Lennar Corp (NYSE: LEN) are seeing a strong bid on News of the Biden administration’s proposed $15,000 tax credit for new home buyers. As homebuilding stocks are rising on Wednesday, option traders found opportunity in LEN as it outperformed with over a 6% gain at the time of…
This Surprise Sector Continues to Lead Markets Higher
In Brandon Chapman's inaugural video newsletter he looks at the big jump in mining stocks and other stocks making an unexpected move before the new administration. Plus stocks with unusual options activity that got on the radar…