Sam Shames Options Daily

Recipe for a Blow-off Top

There are a couple of major levers working to drive stocks here. Let’s look at what they’re telling us, and also identify the support zone on SPY where entering a new trade makes sense.

Sam Shames Options Daily

The Warning Lights Are All Green

Let’s review the setups across multiple market “levers” that are all working together to power stocks higher. We will look for cautionary signals in the indexes, bonds, volatility, and the dollar. Most have impressive weekly setups to continue pushing on momentum, but at the same time, we want to be mindful of the entry on new trades, as the indexes trade well above support levels to start next week.

Raghee Horner Futures Daily Video

Two Other Ways to Trade Indices

Trading the index futures is a big part of my day, especially short-term, however, getting inside the futures to the individual stocks and sectors sets up more opportunity, as I explain in this video.

Raghee Horner Futures Daily Video

Index Futures — Sectors — Stocks Workshop

One of the most powerful ways to trade futures indices is to dissect, or crack open, the index contract and see what’s inside. Here’s the step-by-step, as well as the indicators I use to do this.