NFLX puts up good numbers, but fails to meet expectation on sub growth. SLV is breaking out and bonds are finally looking to trend. Today we cover all these stocks and more.
Today we covered many stocks from the indexs to HYGS, XOP, AXSM, XLNX, TWLO, PANW, TPR, JWN and CAT. One trade to keep a watch on is expanding IV on TWLO 30 days before its earnings. This video is brought to by the power of Wallst.io if you enjoy it give the website a try.
Tonight during the market recap we were surprised with a Tariff Tweet that sent the market to new highs. Now China is not only putting in exemptions for some US companies, but also increasing QE. Which should move the US markets higher. Also with Draghi to soon retire as the ECB chair he is setting a dovish tone for the EU. I would be careful with long TLT and GLD with all these factors in play. To end the recap I gave a short product history of some of the bigger companys of in the US. Enjoy and trade safe
With trade talks falling apart and traiffs on the rise it is sending the market lower. The trend in XLU still looks strong as funds are moving to a defensive space. This week there are a lot of Fed speakers and Powell closing out the week on Firday. Becareful of those as they could move markets. Trades that I am watching are a break out or down in USO, XOM and CVX. Also a retrace of GLD and TLT for a potential short entry. Trade safe as we are still on the Sunday-Wednesday- Friday trade war cycle.
The FOMC had entered into act two of the three part play watch tomrrow for the final performance. Usally when rates are cut it is bullish for the market and Real Estate long term. Though something you want to watch out for is the end of the quarter rebalancing.
The power may have went out, but that doesn't stop me from posting a super late market recap. Also keep a watch on /cl, gld and tlt for a trade next week. Have a good weekend and I will see you back Monday.
Today I tried to talk about the market while at the same time be Mr.Dad. Watch as I answer stock questions and zipp up a hoodie for a 4 year old. Also took a look at USO, TLT which is close to lifetime highs and DIS after earnings.
Over night the futures moved higher. Then once the markets opened it was a flat trading range for the rest of the day. This week a lot of powerful bankers will be at the Jackson Hole event, so keep a watch on the market after the event concludes. The market is expecting a rate cut, but I have to ask the question. If the world economy is so strong why are we cutting rates?
Today we went over what is going on with GLD, SPY and TLT all being up at the same time. Also a dive into how I look at a new stock from fundamental analysis to technical analysis. Trade safe as things are getting a bit wonky in the market.
A recap on what to watch for over the weekend. Look for trade news, strait of hormuz, and DIS earnings next week. The Vix moved below 19 into the close today, but that does not mean we have seen the last of iv expansion. Have a great weekend everyone I am going to go get a nap.