Making Sense of Today's Market Selloff
In tonight's update, Corey calmly walks you through what happened, what sectors were affected most, and importantly which stocks are at the heart of the crisis. Major events, while rare, do happen and it's best to make sense of what's occurring and protect yourself and your account. In tonight's video, Corey discusses which stocks and…
Unprecedented Pessimism: Recession Being Priced In
Quickest Bear Market Decline Ever In the past few weeks many have been discussing how this bear market due to COVID-19 isn’t as bad as the 2008 financial crisis. The situation is inching closer to the financial crisis and further away from the mini bear market of 2018. VIX closed above 40 for the 4th straight…
2 Year High In Economic Surprises
Comical Economic Data Eeconomic data is comical at this point. We keep getting good results in the midst of an abject panic from stock market investors. Clearly, the economy was in great shape in January. And it was even better that many thought it would be in February. We are still waiting for the shoe…
Risk Continues to Rear its Ugly Head
In tonight’s video, Don confirms that follow through sell side activity happened all throughout today’s trading and that risk continues to rear its ugly head. See how Don hedges off certain positions by creating trades that offset potential losses. Tune in as Don reminds us all to stick to the gravity points, on an intraday…
Stocks Will Fall Further Only If This Is A Recession
Big Tuesday Rebound The stock market rebounded sharply on Tuesday as it was up 4.94%. This makes sense because it was very oversold on Monday. There was a point in the morning where stocks went negative, but by the afternoon, stocks gained momentum and rallied to the close. That’s been a theme with rallies in…
Small Business Confidence Stays High, But Coronavirus Looms
High Small Business Confidence? The government is working on helping small businesses deal with the coronavirus. Normally, the NFIB small business confidence index rising from 104.3 to 104.5, which is in the top 10th percentile in the 46 year history of this report, is a positive. But this just shows small firms didn’t see the negative…
Does this Bounce Have Legs?
In tonight's video, Corey walks you through a quick update of today's bounce in terms of weekly expected move, gravity, and profile levels as well as highlights the "risk-off" money flow sending bonds and gold lower. There's usually a relief rally after a big sell-off event like we saw yesterday, but is one day all…
7th Biggest Decline Since WWII
Massive Selloff To Start The Week The stock market fell the 7th most in one day since WWII. This is the 5th greatest decline many have ever seen. As you can see in the table below, the 7.6% decline lagged the 1987 crash and the financial crisis. This crash is amazing because in context, the coronavirus doesn’t…
CEOs Call Stock Market Correction An Overreaction
CEO Confidence Is High? Let's review the details of the coronavirus, valuations, and the decline in rates. Skittishness in markets is potentially unlike anything we have seen in the last 10 years. Last year, CEO confidence was pointed out by the bears as a signal of a recession. Low confidence needs to be combined with…
Why this Crash is far too Quiet!
The bull market has ended with a bang. The CoronaVirus event and the oil war erupting over the weekend has left the markets in shambles. But why was this selloff far too quiet? Find out what Don means in tonight's crucial video newsletter update...