Archives: Daily Videos
Price before sentiment, but do watch sentiment.
On days that are as volatile as Thursday, there’s always going to be something to learn. One thing that stood out for me was the put/call ratio, so let’s spend some time looking at how we made use of it at the open and how it may be useful in looking for the next top.
Turn-Around Thursday
Talk about two-sided trade. CPI data was released early this morning and after a near 200 point range in the S&P, we’ve got plenty to cover. Let’s dive into a recap of the session along with the outlook for Friday.
The Proof’s in the Candle.
Today’s rally can be explained by the recession models that are making the rounds. The rally lines up with the historical recession models being an inverse indicator.
Recession Probabilities Explained
How likely is the U.S. to go into a recession? How is that measured? Here is what price and volume say about the prospect of significantly lower lows.
Dare I say it’s time to buy gold?
It looks like the dark pool has been buying IAU. With the large transactions below, daily technical pattern, and trigger that offers a good risk to reward. Here is a potential bullish idea.
Are institutions selling NFLX?
It appears that institutions were selling near $250 & the trigger lower just hit.
All about the Bass, no Treble
PPI was a fizzle/dud, speaking clearly to the amount of emphasis being placed on the CPI report tomorrow morning. It is the one thing that matters right now. All about the CPI and nothing else matters. I’ll do my best to help understand what to look for/watch on this report for direction as well as targets on either side, complete with a L.I.S. Line in the sand.
Layering Risk
In a choppy and volatile market like ours, nothing is more important than layering risk. Check this video to see how one should look to set themselves up for long-term breakouts.