Treasury Notes
Treasury Notes Treasury notes is where a lot of the flight to safety money goes. We will continue to keep an eye on where institutional investors are going to put their money to work. So far bonds are holding strong. Also, tonight we will take a look at a lot of stocks with earnings.
FOMC Announcement Sparks Selloff
FOMC Sparks Selloff The FOMC announcement sparks a sell off in stocks today. The FOMC announcement shows a 180 in policy from only 6 weeks ago when they raised rates for the first time in 9 years. The sell off in stocks led to another spike in volatility. The Fed indicates a slow down in…
Will the Lows Hold
Will the Lows Hold? What are the odds the SPX lows hold? We can use the chain to determine what the probability a strike price will be in the money by expiration. That will tell us the probability of the lows being tested or broken. There's a lot of news coming out in the next…
XLF Stock Watch
XLF Stock Watch The market gave up most of the gains from Friday as each rally is met with a new wave of sellers. In a volatile market predictability goes out the window. All I'm doing is selling out of the money premium and that's all I'm recommending right now. The most ominous aspect of…
Bear Market Rally
Bear Market Rally Is this a bear market rally? I believe it is. Let's take a look at the market divergences which are tell tale signs of a bear market. Volatility futures are still telling me risk is imminent. The most precarious area is the financials that didn't perform as well as the rest of…
Stocks to buy
Stocks to Buy Any stocks to buy? It does seem like stocks are on sale as the S&P has already hit a 52 week low. If you're looking at stocks to buy here are some guidelines. You wanna find stocks that have shown relevant strength compared to the overall market. Here are a few example…
Trading Volatility
Trading Volatility Just when it looks like it's all over the markets rally higher. This is the type of day I've been looking for. The S&P Futures low of 1804 may be a short term bottom, but keep in mind the S&P was still off 20 handles today. Volatility is the name of the game…
Stocks Sell off
Stocks Sell off Strength got sold again. The market environment is one of fear and hesitation. The indexes across the board are being dragged lower and lower. Stocks aren't able to find a support level. Each gap higher has been quickly filled. If you're not already short this market then it's best to keep your…
Selling Premium
Selling Premium This is a premium sellers market not a directional traders market. Everyone is eyeing volatility because that's what will dictate this market. Yes there are some big earnings announcements this week like NFLX and a few bank stocks. The market though is broken and volatility has exploded higher. Is there any are of…
Stock Market Capitulation
Stock Market Capitulation Stock market capitulation day. This is the type of action you wanna see when the market throws in the towel. After some heavy sell side activity culminating with record negative ticks the markets rip higher. As we look at the activity we look at the possibility of a short term rally. Keep…