Wen New Lows?
After today’s sell-off, bears are out in force, and with good reason. Will the selling persist? I think we get at least one more day, but Monday’s trade will be critical for the rest of the week.
After today’s sell-off, bears are out in force, and with good reason. Will the selling persist? I think we get at least one more day, but Monday’s trade will be critical for the rest of the week.
There’s been a lot of conversation this week around Jackson Hole, but I think the better focus may be on the S&P hole, and how it may guide price.
We’ll begin today’s analysis with a quick review of one time-framing vs reversion to the mean markets, then move into symmetry in SPX and the same kind of levels that’re holding up in AAPL.
Futures traders have a unique view of individual stocks and with the 3:1 TSLA split there are a few things to consider.
In this video, we look at the whiplash market we are in as we approach the Jackson Hole meeting tomorrow. Everyone is waiting to see what Powell will say on Friday and how the market will react. I think we likely go higher, and Volatility comes back down. The next hurdles will be NFP, CPI, and PPI and then the biggie next month with the next FED meeting.
In this video, we look at the whiplash market we are in as we approach the Jackson Hole meeting tomorrow. Everyone is waiting to see what Powell will say on Friday and how the market will react. I think we likely go higher, and Volatility comes back down. The next hurdles will be NFP, CPI, and PPI and then the biggie next month with the next FED meeting. Lastly, we talk about trade ideas, and I show several examples of trades I am currently using.