| Issue 25 |
Less Accommodative Not Hawkish [Charts] - June 21, 2021
- S&P 500 Index (SPX) - 4166.45 -80.89 below 50-DMA
- Invesco QQQ Trust (QQQ) - 342.63 +1.39 & above 50-DMA
- CBOE Volatility Index (VIX) & IVXM - charts 15.49%, range
- VIX Futures Premium - chart 4.45% yellow caution zone
- Market Breadth - Summation Index 769.13 -73.52 going down
- Micron Technology (MU) - best calendar spread, Oct/June
- Strategy - Fed talking about taper, consider hedges
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| Issue 24 |
Consumer Price Index - No Surprise [Charts] - June 14, 2021
- S&P 500 Index (SPX) - 4229.89 +25.78 continuing up
- Invesco QQQ Trust (QQQ) - 335.60 +1.67& above 50-DMA
- CBOE Volatility Index (VIX) & IVXM - chart 12.01%, 52 low
- VIX Futures Premium - chart 16.42% in green bull zone
- Market Breadth - Summation Index 714.94 +122.95 going up
- Strategy - watch for Key Reversal & Fed taper news
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| Issue 23 |
Data Dependent [Charts] - June 7, 2021
- S&P 500 Index (SPX) - 4229.89 +25.78 continuing up
- Invesco QQQ Trust (QQQ) - 335.60 +1.67& above 50-DMA
- CBOE Volatility Index (VIX) & IVXM - chart 12.01% 52 low
- VIX Futures Premium - chart 16.42% in green bull zone
- Market Breadth - Summation Index 714.94 +122.95 going up
- AMC Entertainment (AMC) - charts, IVXM, volume, OI
- Strategy - declining UST10Y yield helps growth stocks
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| Issue 22 |
Rotation Narration [Charts] - June 1, 2021
- S&P 500 Index (SPX) - 4204.11 +48.25 upward momentum
- Invesco QQQ Trust (QQQ) - 333.93 +6.92 & above 50-DMA
- CBOE Volatility Index (VIX) & IVXM - chart 12.13% 52 low
- VIX Futures Premium - chart 18.37% solid green bull zone
- Market Breadth - Summation Index 591.99 +56.10 turned up
- Plug Power, Inc. (PLUG) - adjust before earnings report
- Strategy - rotate back into growth from cyclicals
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| Issue 21 |
Bitcoin & the S&P 500 Index [Charts] - May 24, 2021
- S&P 500 Index (SPX) - 4155.86 -17.99, 50- DMA held again
- CBOE Volatility Index (VIX) & IVXM - chart bullish 15.33%
- VIX Futures Premium - chart 11.00% green bull zone
- Market Breadth - Summation Index 533.89 -61.67 lower again
- Financial Select Sector SPDR Fund (XLF) - marked-to market
- Plug Power, Inc. (PLUG) - long call spread short put idea
- Strategy - stay long ready to tactically hedge pullbacks
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| Issue 20 |
Inflation & Crude Oil [Charts] - May 17, 2021
- S&P 500 Index (SPX) - 4173.85 -58.75, 50- DMA held
- CBOE Volatility Index (VIX) & IVXM - chart 14.67%
- VIX Futures Premium - chart 8.80 yellow caution zone
- VIX -VXST Spread - chart slightly positive at +1.40
- Market Breadth - Summation Index 597.06 -153.35 turns lower
- WTI Crude Oil (CL) - chart open interest & prices trending up
- Strategy - CPI report transitory view prevails
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| Issue 19 |
Employment Surprise [Charts] - May 10, 2021
- S&P 500 Index (SPX) - 4232.60 +51.43, new highs
- CBOE Volatility Index (VIX) & IVXM - chart 12.57% low
- VIX Futures Premium - chart 15.72 bullish green zone
- Market Breadth - Summation Index 750.41 +11.72
- Strategy - stay long rotate into reopening cyclicals
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| Issue 18 |
Not Enough Surprises [Charts] - May 3, 2021
- S&P 500 Index (SPX) - 4181.17 +1
- Invesco QQQ Trust (QQQ) - 337.99 -1.43
- CBOE Volatility Index (VIX) & IVXM - chart 14.61%
- VIX Futures Premium - chart 13.58 still bullish green zone
- Market Breadth - Summation Index 738.19 +52.12
- Volatility Kings - selected after reporting results
- Strategy - after reporting market doubt, sell in May?
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| Issue 17 |
The Bulls Remain Resolute [Charts] - April 26, 2021
- S&P 500 Index (SPX) - 4180.17 - 5.30
- Invesco QQQ Trust (QQQ) - 339.42 -2.59
- CBOE Volatility Index (VIX) & IVXM - chart 13.86%
- VIX Futures Premium - chart 21.50 top bullish green zone
- Market Breadth - Summation Index 686.57 -31.90
- Financial Select Sector SPDR Fund (XLF) - June call spread
- Strategy - U.S. Treasury 10- Year Note yield driving markets
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| Issue 16 |
Volatility Kings First Quarter 2021 - April 19, 2021
- Volatility Kings Table - 25 Volatility Kings listed
- CBOE Volatility Index (VIX) & IVXM - charts, SPX
- Long and Short Calendar Spreads - mentioned with others
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| Issue 15 |
VIX Options Hedge [Charts] - April 12, 2021
- S&P 500 Index (SPX) - 4128.80 +108.93
- Invesco QQQ Trust (QQQ) - 337.11 +12.54
- CBOE Volatility Index (VIX) & IVXM - chart 12.79%
- VIX Futures Premium - chart 15.73 middle of green bull zone
- CBOE Volatility Index (VIX) - June 16 22/26 Call Spread
- Market Breadth - Summation Index 633.40 + 132.41
- U.S. Dollar Index (DX) - 92.16 tested upside objective 93.50
- Strategy - stay long ready to tactically hedge pullbacks
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| Issue 14 |
Crude Oil & U.S. Dollar Index [Charts] - April 5, 2021
- S&P 500 Index (SPX) - 4019.87 +45.33
- Invesco QQQ Trust (QQQ) - 324.57 +8.57
- CBOE Volatility Index (VIX) & IVXM - chart 13.50%
- VIX Futures Premium - chart 20.76% in green bull zone
- Market Breadth - Summation Index 500.99 -11.94
- WTI Crude Oil (CL) - below operative USTL
- U.S. Dollar Index (DX) - upside objective 93.50
- ProShares UltraPro Short QQQ (SQQQ) - position closed
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| Issue 13 |
Sell the Bounce [Charts] - March 29, 2021
- S&P 500 Index (SPX) - update 3974.54 +61.44
- Invesco QQQ Trust (QQQ) - update 316.00 +3.25
- CBOE Volatility Index (VIX) & IVXM - chart 14.13%
- VIX Futures Premium - chart 17.02% in green bull zone
- Market Breadth - Summation Index 512.93 -156.61, < 50 DMA
- Strategy - Bobbsey twins jawbone inflation, interest rate fear
- ProShares UltraPro Short QQQ (SQQQ) - keep spread open
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