Daily Bite October 26: Market Analysis and Chart Review
In today’s Daily Bite, Bob Lang covers the Futures, Earnings, SPX, Nasdaq, TSLA, NDXE, RSP, IWM, and the QQQ.
In today’s Daily Bite, Bob Lang covers the Futures, Earnings, SPX, Nasdaq, TSLA, NDXE, RSP, IWM, and the QQQ.
The Fuse Futures are weak and falling sharply after Wednesday’s deep selloff below strong support levels. We also see the VIX ticking much higher today as well, which tells us stocks may be under pressure for most of the day. Interest Rates are steady to higher this am as the 10 year ticked right near…
DetailsChart of the Week: Netflix This week we’re going to be profiling Netflix; NFLX. It came out with earnings last week, and they were pretty strong, and the stock is doing pretty well still post-earnings. You can see the stock has put in a nice series of higher lows here, and we do have a…
DetailsThe Fuse Equity futures are mixed today as the Dow Industrials show some green but the Nasdaq and SPX 500 are in the red. Pretty decent earnings beats for the most part but the macro still remains challenging. Interest Rates are on the rise again today which could knee cap any stock market gains. The…
DetailsThe Fuse Equity futures are rallying this morning after four very strong down sessions that took the SPX 500 down below the key 200 day moving average. If the index finds some support here we could see a modest rally attempt. Interest Rates started off lower this morning but are bouncing back. Word of a…
DetailsWhether or not you like their monetary policy, do not ignore the Federal Reserve’s warnings. As the central bank of the US, it is an independent body that will do whatever is necessary to keep the financial system afloat. With that said, they do have a trust issue. For many years it was difficult to…
DetailsIn today’s Daily Bite, Bob Lang covers the Futures, Oscillators, Seasonal Market Trends, VIX, SPX, NAHL, GDP, and all things related to the current market.
The Fuse Equity futures continue their from from last week’s pasting. The ES futures are threatening to break 4,200 on the downside, and that would open up a flood of selling. Markets have very little bid here but are approaching a deep oversold condition, which could bring a nice snap back rally (probably not today).…
DetailsThe Fuse Futures are slipping a bit this Friday am as the selling continues. Rates are higher on the long end, even the 10 yr ticked up at 5%, meaning bond sellers are still out there. Plenty of worry out there in the economy and overseas geopolitical issues. Interest Rates are on the move again,…
DetailsThe Trading Tools You Need for Success – Webinar Recap Back in July, we discussed the trading fundamentals that are critical to success during our options trading webinar. For this final webinar of the year, we discussed the specific tools you need to make winning trade with confidence. Listen in and learn as discuss: Why…
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