Inflation Recedes, Markets Rise |

Last Week’s Highlights at IVolLive:

  • Don't forget to register for our next live webinar on Tuesday, July 18th 2023 Webinar Topic: How to Use and Analyze Stock Market Sentiment to Create Actionable Options Trades HERE
  • Get a free IVolLive Trial HERE.


Inflation Recedes, Markets Rise

July 06, 2023

Charts: Noon EST

What's Happening Now in the Markets

The buying algos kicked into high gear yesterday around midday on the heels of a report showing that consumer inflation rose less than expected in June.

Remember, lowering inflation figures make the markets optimistic that the Federal Reserve will at least pause in its rate hike cycle. And all else being equal, the market views lower rates as bullish.

One of the markets that is highly sensitive to interest rates is one we wrote about last week: the tech sector, with the Nasdaq rising 1% on the day yesterday.

Source: IVolLive
(Source: IVolLive - Amazon vs Walmart, One-Month Chart)

Speaking of tech, Amazon is fresh off the heels of its Prime Day, with projections that the tech giant will haul in over $8 billion in sales - a 10% increase over last year.

For perspective, Amazons sales this week are projected to account for nearly 60% of all ecommerce sales for this week:

Source: IVolLive
(Source: IVolLive - Amazon vs Walmart, One-Month Chart)

Fellow tech giant Broadcom (AVGO) name just hit an all-time high after European regulators provided tentative approval for Broadcom's $61 billion purchase of VMWare.

Source: IVolLive
(Source: IVolLive - Broadcom, One Month Chart)

Ending this session on a light note - pizza - Domino's Pizza (DPZ) was the best performing stock in the S&P 500 on news its that the pizza giant struck a deal with Uber to list on its Uber Eats and Postmates app.

Source: IVolLive
(Source: IVolLive - Domino's Rockets Higher )

How to Play It

With inflation easing, tech remains in play (the strongest sector YTD). The VIX also remains low, so options prices are inexpensive. This means it's inexpensive to go long options on tech names you're interested in.

Previous issues are located under the News tab on our website.

Disclaimer - This information is provided for general information and marketing purposes only. The content of the presentation does not constitute investment advice or a recommendation. and its partners do not guarantee that this information is error free. The data shown in this presentation are not necessarily real time data. and its partners will not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use or reliance on the information. When trading, you should consider whether you can afford to take the high risk of losing your money. You should not make decisions that are only based on the information provided in this video. Please be aware that information and research based on historical data or performance do not guarantee future performance or results. Past performance is not necessarily indicative of future results, and any person acting on this information does so entirely at their own risk.