Why Volatility is about to Make a Comeback
Volatility takes a breather today! In today’s video, Don discusses why volatility is about to make a comeback. Based on info over the last 3 trading sessions, Don has seen evidence that we are on the verge of a major volatility break to the upside. Tune in to tonight’s video and find out why volatility…
Stocks Dive On Trade Worries & Stay Down This Time
Stocks Dive Sharply Stocks Dive - Investors were correct to be bearish on stocks in the near term. But we were wrong to say the trade news wouldn’t affect stocks. Trade worries caused a big decline on Tuesday after the market mostly recovered from its trade related selloff on Monday. This time the losses remained…
Weak Service Sector April PMIs
ISM Non-Manufacturing PMI Misses Estimates Weak Service Sector - Most of the economic data is coming in weak and missing expectations. With the market mostly past earnings season, these reports should be highlighted, causing stocks to fall. As you can see from the chart below, the April ISM non-manufacturing PMI fell from 56.1 to 55.5…
Your Updated Levels During the Sell-Off
As stocks tumble from the highs, Corey provides a quick overview of the four equity markets, VIX futures, and related markets such as Crude Oil, Gold, and especially Bonds. As the expected movement plays out, what are the targets and opportunities as markets drop from highs? Corey walks you through ideas and updates in tonight's…
Initial Trade War Scare - Stocks Mostly Recover
Initial Trade War Scare - Big Trade Related Swing Initial Trade War Scare - We’ve heard government officials repeatedly say the trade negotiations with China were going smoothly and a deal was near completion. We learned this weekend that’s not the case. To be clear, stocks have been helped by this positive rhetoric, but it hasn’t…
Job Cuts - Motor Vehicle Sales Both Fall
Job Cuts - Motor Vehicle Sales - Job Cuts Decline Job Cuts - Motor Vehicle Sales - The elevated Challenger Job-Cut average in Q1 described the labor market differently than the low jobless claims and the unemployment rate. As you can see from the chart below, even though total job cuts fell to 60,587 in March, the…
Is The Market Shrugging off the Risks Again?
The administration's announcement of potential new tariffs with China kicked off aggressive selling overnight. However, once the cash session was open, market participants shrugged off the risk and rallied markets until they were only down slightly on the day. Watch this crucial video newsletter to find out if you should shrug off the risk as…
Stock Market Ignores Bad News & Focuses On Jobs Report Beat
Stock Market - Big Rally On Friday So much for the potential stock market correction. On Friday, S&P 500 rallied 0.96%, Nasdaq increased 1.58%, and Russell 2000 increased 1.98%. Amazon stock rose 3.24% after Warren Buffett revealed Berkshire Hathaway had a stake in the company. No offense to Warren Buffett, but I don’t see how…
Chicago, ISM, Markit PMI - All Weak
Chicago, ISM, Markit PMI - Chicago PMI Chicago, ISM, Markit PMI -In this article, I will be discussing a few relatively weak April PMIs. Chicago PMI fell from 58.7 to 52.6 which missed the consensus of 59 by a long shot. The low end of the consensus range was 57. For some reason economists didn’t notice…
Do you Fear the Fed?
Stocks feared the Fed for only 1 day as the market rallies back to pre-FOMC announcement highs. In this crucial weekend video newsletter we look at the key stocks that are leading the market higher. Based on the market action the professional traders are saying they don't believe the Fed. Should you? Watch the video…