Opportunity in Chaos?
The current news cycle has proven chaotic, but I believe there is opportunity in this, so let’s take a look.
The current news cycle has proven chaotic, but I believe there is opportunity in this, so let’s take a look.
Traders keep asking, ‘What are you doing during this volatility?’ Here are several key tools that I use, that are all free. I’m going to discuss the $ticks, volspread, VIX, and more. If you want to learn more and pick up my free grid, check out my free live session tomorrow at 3:15 CT by signing up here: www.simplertrading.com/key/
In this environment, it’s a great idea to trade it in both directions, with relative strength longs to the upside, and relative weakness losers to the downside. Let’s look at some key Phoenix stocks that are rallying to the upside, along with some earnings destruction candidates for this week, including AMD, TSLA, DPZ, CHPT, NVDA, and more.
There is more than enough news in the air this week to make a difference. We will take a look at that, but the interesting thing is that the SPX options chain does not at all seem to price in much range. I’m scratching my head, but let’s take a look.
Let’s do what we do every Friday, and review the core markets and the periphery to see how things are aligned into next week.
Russia invades Ukraine and the markets rally. Is there juice left in this move? Here’s what am I watching in the markets to understand if there is more risk to come.
With all the volatility this week it may seem that there is a major shift in the trend brewing, but that would mostly be incorrect since most trends—and I will show you which markets I think have good trends—are simply retracing. The monetary policy has not changed, and as long as that is the case, NASDAQ, bonds, crude, gold, and grains are setting up for next week.
With price action closing the distance to the zone we want to engage, in this update, I outline which markets are on the radar for setups as we start next week. This week’s volatility has proven to be a fantastic opportunity for traders who have been waiting for a chance to get in on the trends in tech, bonds, crude, corn, beans, gold, and more.