S&P 500 Next Week Expected Move ($73.5)

24 בינו׳ 2021

S&P tagged last week's expected move, decrease for the next week.

Watching Bonds and Volatility carefully.
VIX is carving out a base.
Earnings are coming in hot and heavy.
Fundamentals nonexistent.

Good news is priced in. Risks of disappointment are high.
Don't chase this rally anymore folks.

Best of luck next week,
- RH

25 בינו׳ 2021

הערה

- More and more, we're seeing the beginning signs of internal divergences
- Indexes are rising with fewer internal uptrends
- Investment-grade bonds have seen some pretty heavy selling pressure
- What happens when there is relatively high put open interest in a major index
- The Nasdaq is still in the "sweet spot" following a long-term technical pattern