It’s not the way bulls desired the week to end, especially after a strong Thursday performance, but when algorithms kick into high gear, they generally work toward extremes. The S&P 500 (SPX) was up for most of the week and had broken above 2,850, but that was before the German bund fell into negative yield…...
Try as it may, the major averages couldn’t escape the clutches of Boeing (BA) once again on Tuesday. The most heavily, price-weighted stock on the Dow Jones Industrial Average (DJIA) meandered in and out of positive territory on Tuesday, but gave way into the closing bell, dragging down the Dow. The S&P 500 (SPX) and…
Happy weekend to all and we hope you enjoy and find value in our weekend update that includes our daily Technical Market Recap with Wayne Nelson. Before we get to that, however, it’s not often that you see a market aimed at crushing the options on Friday, but “manalamancha” was that fun to watch with…
For equity market bulls, the following chart is nowhere near that which you would like to have found the markets finishing the week. Finom Group has been stating for some time now, that the mechanical/technical/quant/algorithmic correction has taken hold of the marketplace. It continuously seeks out and finds most every important S&P 500 (SPX) level…
Here we are at the end of the trading week and futures are bright red, as Chinese economic data proves less than desirable. China on Friday reported industrial output and retail sales growth for the month of November that missed expectations, according to data from the National Bureau of Statistics. Industrial output in November grew 5.4%…
After a rough open for the tech-heavy Nasdaq and usually supportive FAANG stocks, the market quickly rebounded intraday. All major averages, on the heels of a worse than expected Netflix subscriber addition number and share price plunge near 12% overnight, finished higher on the day. What may be even more remarkable than the intraday reversal…
by Kevin Ann: Finom Group Contributing Member Is working harder or more necessarily better? It’s been about 5 months since I started on this options path, internalized options theory via all forms of media (podcasts, youTube videos, blog posts, news articles, academic articles, forums, StockTwits/Twitter, writing in this blog, etc.), and applied the principles in…
Social media and social-financial media sites can be a scary place. Be it Twitter (TWTR), Seeking Alpha or StockTwits, they might be better understood to have a caveat emptor (buyer beware) sticker attached to the various social platforms. I participate and have participated in all of these venues in order to gather resources and disseminate…
As an investor, when contemplating the words in the geopolitical and macro realm, deciphering words and verbiage can be critical to a portfolio’s performance. The geopolitical environment investors are forced to consider this year likely outweighs that which one had to consider in the more recent past or during previous U.S. administrations. The last couple…
https://www.youtube.com/watch?time_continue=1548&v=h0Fl-VmWkUI...
