Planning The Week
With CPI late this week and some decent earnings reports ahead, I’d like to make a plan for potential Bullish or Bearish price action. I’ll explain in tonight’s update.
Archives: Daily Videos
list of daily videos
Just In Time Inventory
We had called out the potential for an S&P 500 top near the July 26th. Supply came into the market just a day later on the 27 and since then we’ve seen the biggest pullback since the March low. There is more to be seen, however, to figure out if this is a larger pullback or a buying opportunity.
How’s It Going To End?
Major changes in the market this week. Let’s take a look at the big picture risks of what is widely believed to be bullish.
“Trade This. Not That.”
Relative performance offers the edge that has continued to be the best watchlist we can build. While much attention is on tech, financials, energy, semis, and others continue to keep structure. Let’s take a look at some of the best setups in this environment.
The Only Way The Market Doesn’t Break
AAPL earnings appear to be the straw that broke the camel’s back and there’s really only one way this market recovers. Let’s look at that in tonight’s video update.
Plan For NFP Tomorrow
Tomorrow is the 1st Friday which of course brings the NFP Jobs report. Let’s have a look at current price action and a plan to trade it.
AAPL vs AMZN
Megacap tech earnings continue to roll in, and Thursday’s report is a bit of a mixed bag. AMZN is doing well while AAPL stalls out, and while these will be two important names to key off of on Friday there’s a bigger theme we want to be aware of that may put pressure on all of it.
The Bond Sell-Off Could Still Nail Markets, But They Are Pretty Oversold
The huge spike in yields is a huge long-term danger sign, but many markets are oversold at support.
And Down We Go!
In this video, we review today’s market action and the big flush lower. We ended the day 63 points lower in the SPX and 2.20 higher in the VIX and 10- and 30-year bond yields higher. The good news is that we did hit and hold support levels around SPX 4500, so now we need to see if these levels are going to hold and we bounce, or do we roll over from here?
Correlations Between The NASDAQ And The S&P
When there is news that affects the technology sector, you will see that ripple into the S&P. With Fitch lowering the US credit rating, we saw a significant decline in the Nasdaq today. Joe discusses how to trade the indices when there is news like we had today.