Archives: Daily Videos
Steep Pullback at Daily Close
Powell, Williams, and the Euro.
Tomorrow we have two major events on the calendar and the implications for equities and the US Dollar are significant. Here’s a play for that event in today’s video: Short euro via FXE puts.
All eyes on Powell.
Much of my watchlist is based on a messaging shift from Powell as oversold buy levels and overbought short levels are reached and tested.
Micky D’s
Despite the selling that the market has seen over the course of the last 6 weeks, McDonald’s has held up swimmingly. I’m looking to this name to sell some premium, once the market starts climbing higher.
What Goes Up, Must Come Down
The indexes were hit by another round of selling today, in what seems to be a market with very little buyers (yet). I still have my eye on a potential short squeeze, but for now, the path of least resistance remains down and the most concerning to me is the hit the FAANG stocks are taking. Let’s look at AMZN, FB, MSFT, ADBE, GOOGL, and some of our honey badgers, MDLZ, MCD, SBU, and more.
This Part Looks Just Like 2008?
While the USA looks great, there is a reason the bond market is rallying hard here, and it’s because big money fears what could happen next.