Video

We have three new setups this week, while DIS and SMH turned active. New Setups UBER RSPD XLB Asset Classes Equities UBER Technologies (UBER): New Setup Charles Schwab Corp (SCHW): Pending→Monitoring (Divergence was burned through as both price and RSI made lower low). Walt Disney Co. (DIS): Pending→Active (Turned active October 6) Equity ETFs Invesco […]

Housing weakness, high valuations, depleted consumer savings and a collapse in spending. What could go wrong? In today’s newsletter we […] To access this content please upgrade to another membership

Choose a membership

Key Developments The S&P 500 snapped its four week losing streak, gaining 0.5% last week. Growth sectors outperformed, with Communication Services (+3.1%) the leader. Energy lagged (-5.4%). Economic data was mostly better than expected, with the ISM Manufacturing and Services Indices above estimates. The September jobs report also handily beat expectations, with the number of […]

Summary Closing remaining long (OTM) call position on VIX initiated in February of 2023 Half of the original position at a big profit in March, when banking panic ensued VIX call position has strike of 20 and expires on 10/18/2023   Taking Advantage of Recent Surge in Volatility to Close Our VIX Call Position We’re […]

The Fed paused in July, but stocks have been in free fall since. Aren’t Fed pauses supposed to be good […] To access this content please upgrade to another membership

Choose a membership

No new activations this week. Key Highlights: The broad market is trying to avoid being down for five consecutive weeks, with tomorrow’s jobs report expected to be a high volatility event. Previous Activations Short GOOG Short ADBE (Tgt 1 hit) Short AMZN (Tgt 1 hit) Short ITB (Tgt 1 hit) Long Corn Future Short XLV […]

Summary Tech stocks had disconnected from real rates earlier this year as speculation around AI drove interest in the sector. […] To access this content please upgrade to another membership

Choose a membership

We have four new setups this week, while WMT turned active over the last week. New Setups SCHW DIS SMH EMXC Asset Classes Equities Charles Schwab Corp (SCHW): New Setup Walt Disney Co. (DIS): New Setup Walmart Inc. (WMT): Pending→Active (Turned active September 29) Equity ETFs VanEck Semiconductor ETF (SMH): New Setup iShares MSCI Emerging […]

Key Developments The S&P 500 posted its fourth consecutive week of declines, falling 0.7% last week. Energy relatively outperformed (+1.3%) while Utilities lagged (-7%). Interest rates continued higher, with the 10-year Treasury yield reaching a high of 4.69% on Thursday. WTI crude oil hit $94 per barrel, the highest price since August of 2022. The […]

Summary Oil prices’ recent jump has not been accompanied by rising market-based inflation expectations, depicting expectations from the bond market […] To access this content please upgrade to another membership

Choose a membership