Massive Market Divergence
Massive Market Divergence Massive market divergence in today's market action. We saw the FANG stocks - FB, AMZN, NFLX, and GOOGL get clobbered while the rest of the market was relatively stable. Keep in mind these are the 4 stocks that led the market higher. If these stocks aren't leading the way which stocks are…
Short the SPY ETF
Short the SPY ETF You can view your short positions as being short the SPY ETF. Let's review the positions that are on and what to expect next week. There is one big news announcement that is keeping the expected move juiced up in the SPX. That is the ECB announcement as central banks around…
Oil Leads Market Higher
Oil Leads Market Higher Oil leads the market higher today after the oil report comes out. The market reversal blew through a key level in the S&P at 1911. The next level to watch is 1934. If the S&P can break through that then I would expect 2000 to be in play. Keep this in…
Stock Rally Over
Stock Rally Over Is the stock rally over? After a 3 day rally stocks pulled back today. The Nasdaq COMP saw the biggest pullback. The Nasdaq was led lower by aapl, amzn, fb, googl, and nflx. At one time these stocks were leading the Nasdaq higher and now they are leading the Nasdaq lower. Also,…
Sell Options Premium
Sell Options Premium This is a premium sellers dream market. Volatility remains very high and now is the time to sell options premium. Nasdaq divergence continues to play out. We have seen the Nasdaq be the weakest index on down days and not rally as much as the other indexes on up days. EWJ is…
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…
How Long Can The Pain Last?
How Long Can The Pain Last? Markets are getting ugly. Let's take a look at the indexes on what to expect tomorrow. Unemployment numbers in the morning could drive a lot of the market action.
Market Divergence Lead to Volatility?
Market Divergences Lead to Volatility? The markets ended 2015 essentially flat. Will we see more volatility in 2016? That's what I will discuss in this video. The story is market divergences. We will use comparison chart to compare all these indexes and analyze the divergences in the market. Large divergences have always ended in wild…