Welcome to this week’s State of the Markets with Wayne Nelson, Seth Golden and our special interview guest Michael Listman. Please click the following link to review the SOTM video/interview. This week we had the pleasure of interviewing Michael Listman, (UVXYTrader on Twitter) who specializes in trading Volatility and Volatility Exchange Traded Products (ETP). In addition to the interview, please review…
This article first appeared at Wall Street Journal: By Gunjan Banerji Updated Dec. 18, 2019 4:19 pm ET Options traders are paying up for bets that would profit if the S&P 500’s record run came to a halt. Renewed optimism about the domestic economy and a preliminary trade pact between the U.S. and China have…
Before we get started with today’s daily market dispatch, I wanted to remind our readers about something we discussed in the Finom Group Trading Room on Tuesday. The following chart from Tom McClellan identifies the S&P 500 this year against the S&P 500 in 1995. The two are taking a very similar path. Why are…
What happens when the threat from the ongoing trade war abates? Naturally, the melt-up ensues. This is not to discount the the surge in the S&P 500 since October, but rather to highlight the seasonal trends that suggest the last couple of weeks in December are usually found with the major averages advancing. The Dow…
The trading week that was ended in a manner that many may have not anticipated. As we read this week’s Research Report, we can’t help but to recall the setup for the trading week that was found with some anxiety surrounding the December 15 tariffs. Investors had a choice to make at the beginning of…
U.S. options skew on the S&P 500 has been rising recently, and a recent close of 136.6 is actually higher than at any point during last December’s stock meltdown. A refresher on what skew measures: Imagine a $100 stock that has put and call options that expire in 1 year with strike prices of $50 (for…
Markets got off to a rough start in the pre-market trading hours on Tuesday and after a down day Monday. But then headlines surfaced that pointed to delaying the December 15th tariffs. U.S. and Chinese trade negotiators were said to be laying the groundwork for a delay of tariffs set to kick in on Dec.…
U.S. equity markets are in distribution and/or de-risk mode ahead of the December 15th tariff deadline. While the financial news media outlets march out various opinions and forward-looking analysis for the markets and economy given this critical trade issue, investors have taken to de-risking their respective portfolios… just in case. On Monday, investors began adding…
Welcome to this week’s State of the Markets with Wayne Nelson and Seth Golden. Please click the following link to review the SOTM video. This week we discuss the upcoming risks to the coming trading week, which will complete ahead of the December 15th tariff deadline/announcement. Employment data surprised strongly and with upward revisions to previous months, setting off a market…
Equity markets bounced back sharply on Wednesday and after three consecutive trading sessions found with selling pressure. The S&P 500 (SPX) managed to reclaim, hold above and close above the key 3,100 level Wednesday, even as economic came in worse than forecasted. Headlines continue to proliferate in the media from one day to the next…
