The Buy and Bail Strategy
The core big cap stocks were down sharply today while the overall market stayed steady. In this video market update let's look at one my favorite options trading strategies for this type of market. Watch this video to find out the trade I'm putting on tomorrow...
Fed Unwind To Be Announced On September 20th
Some Final Unwind Thoughts On Thursday, the Fed’s balance sheet was released like it is every week. As you can see in the chart below, the balance sheet increased $17.7 billion which was the biggest spike since December 2016. That’s weird timing because the Fed is expected to finalize the unwind announcement next week. This…
Complacency Yields a Market Opportunity
Markets jump to the edge of the expected move on Monday and then flat line the rest of the week. In this crucial video market update let's look at several key areas of the market. Also, watch this video to find out the types of trades that are working in today's complex market...
New Record High As Nothing Can Keep A Lid On Stocks
Today was an unusual day in the stock market because the S&P 500, Dow, and Nasdaq all hit a record high even though there was very bad economic data released. The Dow had its best week since December. Even the Russell 2000 has been getting in on the party. The Russell 2000 is up 5.48%…
Hurricane Harvey & Irma Disrupt The Labor Market
The Citi Surprise index has rallied back to near 0. Keep this in mind when you hear bears claiming the Citi Surprise index is doing badly. It’s a terrible economic indicator as the economy was strong in the first half, especially in Q2 where GDP growth was 3.0%. As you can see from the second…
A Trade setup in the Russell
In tonight's video market update we focus on a trade set up in the IWM which is the Russell ETF. Watch the video for the precise trade and more importantly the trade logic behind the trade...
Small Businesses Remain Hugely Optimistic
The Chinese economy has been improving this year, but unfortunately that trend reversed course in the latest batch of data. The chart below breaks down the three data points which were released Wednesday night NYC time. Retail sales were up 10.1% year over year. Obviously, that’s great growth by American standards. However, it missed expectations…
Credit Growth Stalls: Bad Sign For 2018 Economy?
The rampage in stocks knows no bounds. The Nasdaq, Dow, and S&P 500 all hit record highs on Wednesday even though Apple was down on the day. As you can see from the chart below, the total returns in this bull market just passed the 1950s rally. This is now the third largest rally in…
S&P 2500 Defines the Battle
The S&P 500 couldn't have been quieter today if it tried. In tonight's video market update we look at the key level at 2500 in the S&P. The battle line has been drawn there - can the bulls push higher or will the bears resist?
Is Bitcoin Under-Owned?
Bitcoin Under-Owned? As we discussed in the last article, institutional investors said Bitcoin was the most overvalued security in the world. Since my last post, the price of Bitcoin has fallen below $4,000. Some of the speculation has left the market. The chart below gives you an additional way to look at Bitcoin. It compares…