Is the Worst of the Market Yet to Come?
Market Correction or a downward spiral -- it is decision time --bail the longs? --hedge with ITM puts Checking option volumes SPX smashes EM then comes right back home Vol futures making me nervous When bifurcation collapses into correlation; the risk is magnificently large A/D lines displaying lack of diversification VVIX saw this move coming…
Tech Underperforms In Thursday’s Selloff
Stocks Finally Fall The stock market finally fell on Thursday as the momentum tech stocks were responsible for most of the losses. There was profit taking. Stocks that have done the best this summer fell, even the value/cyclical stocks. In the near term, most don’t expect the moderately overbought cyclicals to fall in line with…
Labor Market Keeps Improving - Ignore The Noise
Jobless Claims Fall Jobless claims report from the week of August 29th had a few nuances that make looking at the seasonally adjusted headline reading or any other headlines misleading. Seasonally adjusted claims fell from 1.011 million to 881,000 which was below the consensus of 958,000 and the lowest estimate which was 910,000. These estimates made…
Is the NASDAQ Crash Over or is this just the Beginning?
The bidless beast strikes hard today! The market has revealed its hand in a big way as retail traders start puking their positions. What's next? You better tune into tonight's video newsletter to find out because sellers are back!
Extreme Mania - September 2020 Peak
Mania Knows No Bounds This stock market can’t go down. It only goes up. S&P 500 increased 1.5% on Wednesday even though it came into the day showing extreme greed on the CNN fear and greed index. S&P 500 is now up 10.84% on the year. It has officially been a better than average year…
ADP Report Misses Estimates: Stock Market Doesn’t Care At All
Disappointing ADP Report The private sector payrolls report from August was disappointing as there were 428,000 jobs added instead of 900,000. However, this is still more jobs created in a month than usual in recoveries. Unemployment rate is about to fall below the peak in the last recession. We can start to have a normal…
Wednesday, September 2, 2020 - Idealized Trades Report
This is Corey Rosenbloom's Idealized Trades Report for today. September-2-2020-Idealized-Trades-ReportDownload
Happy Hour - Exploiting the Icarus Effect: Price Reversal Methodologies
Tonight's Happy Hour is with Professor Jeff Bierman
Chat Room Archives - Wednesday, September 2
This page has Brandon's, Tony's and Corey's Chat Room sessions for Wednesday, September 2, 2020
NASDAQ Higher but Becoming Downright Sketchy
Stocks continue at a fever pitch higher. Our Gamma Irons continue to work well hitting our profit targets sometimes in just one day. Here's what you need to know going forward as retail traders juice the markets...