This is Where Your Furus Tend to Blow Up
Vložit
- čas přidán 28. 08. 2024
- 🟢 TRADE IDEAS & DISCORD: / figuringoutmoney
🟢 GREAT BROKERAGE ACCOUNT: bit.ly/3mIUUfC
🟢 BOOKMAP DISCOUNT (PROMO CODE "BM20" for 20% off the monthly plans): bookmap.com/en...
__________________________________________________________________________________________
In today's episode of the Stock Market Brief Show, titled "This is Where Your Furus Tend to Blow Up," I am taking a different approach without the usual chart deck, relying instead on platforms like Thinkorswim. Today, I am multitasking as I watch over my sleeping baby, ensuring we keep the analysis concise and impactful.
We start by examining the current market conditions, highlighting significant sell-offs in tech giants like Nvidia and Meta, with the latter down 5.68%. Despite this, the Nasdaq 100 shows a mixed picture with 65 advancing stocks against 36 declining ones. This brings us to the critical question: Are we heading towards a period of increased downside correlation, or will these stocks catch a bid and revert to positive correlation?
We delve into the daily expected moves for major indices, noting that the S&P 500 has a daily expected move of 3.86, while the Qs stand at a hefty 5.75. The latter saw a dramatic over-three-standard-deviation move to the downside today, indicative of the wild market swings that can catch unprepared traders off guard. This volatility underscores the importance of adjusting position sizes and avoiding the temptation to average down into losing trades.
Focusing on the S&P 500, we observe that it is teetering below its five-day moving average, a neutral zone that could turn bearish. The anchored volume-weighted average price (VWAP) from the July low suggests that buyers are near break-even, adding psychological pressure if prices dip below this level. Additionally, the concept of the gamma flip line at 5580 is crucial, where dealers' hedging activities can lead to either buying dips or selling rips, resulting in sideways market action.
Today's analysis also touches on sector performance, with notable bids in energy and consumer staples. Energy's relative strength against the S&P 500 often signals broader market weakness, a dynamic we are closely monitoring. Earnings season is also in focus, with Abbott and Netflix on deck, the latter showing potential for a breakout despite the binary nature of earnings events.
Lastly, we address macroeconomic factors, such as the ten-year yield's continued decline, which typically benefits energy stocks but poses a challenge for tech. The dollar's recent drop and its potential implications for commodities like gold and silver are also discussed.
Today's show emphasizes caution in a changing market landscape, advising traders to stay nimble and adjust strategies accordingly to avoid the pitfalls that can lead to significant losses.
🔔 Subscribe now and never miss an update: www.youtube.co...
📈 Follow us on social media for more insights and updates:
🟢 Instagram: / figuringoutmoney
🟢 Twitter: / mikepsilva
______________________________________________________________________________________________
DISCLAIMER: I am not a professional investment advisor, nor do I claim to be. All my videos are for entertainment and educational purposes only. This is not trading advice. I am wrong all the time. Everything you watch on my channel is my opinion. Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel :)
Interactive Brokers provides execution and clearing services to its customers. Influencer is not affiliated with, recommended by or an agent of Interactive Brokers. Interactive Brokers makes no representation and assumes no liability to the accuracy or completeness of the information
provided in this video. For more information regarding Interactive Brokers, please visit www.interactivebrokers.com. None of the information contained herein constitutes a recommendation, offer, or solicitation of
an offer by Interactive Brokers to buy, sell or hold any security, financial product or instrument or to engage in any specific investment strategy. Investment involves risks. Investors should obtain their own independent financial advice and understand the risks associated with investment
products/ services before making investment decisions. Risk disclosure statements can be found on the Interactive Brokers website. Influencer is a customer of Interactive Brokers. Interactive Brokers and Influencer have entered into a cost-per-click agreement under which Interactive pays Influencer a fee for each click-through of the Interactive Brokers URL posted herein.
#Stockmarket #StockMarketAnalysis #DayTrading
🟢 TRADE IDEAS & DISCORD: www.patreon.com/figuringoutmoney
🟢 GREAT BROKERAGE ACCOUNT: bit.ly/3mIUUfC
🟢 BOOKMAP DISCOUNT (PROMO CODE "BM20" for 20% off the monthly plans): bookmap.com/en/influencers/michael-silva
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape...
I appreciate the professionalism and dedication of the team behind Kerrie’s trade signal service...
As a beginner, it's essential for you to have a mentor to keep you accountable..
Kerrie Farrell program is widely available online..
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience..
I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this...
I can tell you were keeping your volume low to keep from waking your baby and it was the cutest thing. Great Dad 101.
Only long-term subs would notice that you talked softer during this episode. I know why. You mentioned it at the beginning. Thanks, one more time, Mike, for all you do for me & everyone else.
While i admire long term investors, I really don't know what to expect. For instance, if i invest 500k what would my portfolio look like in 2030?
Investing appropriately today can save you a whole lot of stress in the near future, so anyone who is not investing now is missing a great Opportunity
Will be joining your discord soon.
In the meantime, would you do a sweet and short teaching video, explaining all these Gamma flips? Positive and Negative gamma? Gamma Rolling off? Traders reaching higher? Unpin the Move? What are those? Too many questions, huh? I guess I'm not ready for the discord, Lol. Still got a lot to learn before thinking of any discord. hahaha.
Thanks Mike
thanks for update. you rock!
Yeah..thank you
Hey I do not mind at all if u went on longer than expected I appreciate it thank you for the hard work
Greatjob as always
😁
🥰🥰🥰🥰 Baby learning charts already, I guess? His dad is a chart GOAT.
👍🏼Thanks for the regular content.
And Lucky baby!
Your channel gives me hope because your style is very similar to what I hope to achieve on my channel, with a slight twist. You've proven it's possible. 🤝
How do you know the weekly gamma flip level ?
i source it from gammalabs
@@FiguringOutMoney ok 👍 is there a way to determine it without a service?
Like 5580 on SPX was a key level of support.
Would it usually be a key level that's already clear on the 1h, daily, weekly ?
Thanks Mike, good stuff as always.
😊
What is meant with "furus"?
Financial gurus
Please read out the levels, it's not clear on the screen
@@jluke6787 it never is..
Coco had a blast
🙂
😅
MEANING OF FURUS?
@@jloos9959 I second the question
financial gurus
Thank you! I'm a student for life! :)
These expected moves were garbage yesterday 😑
The word of the day is "Base"
S&P 500 futures are up this evening. Better than being negative.
Anything can happen overnight my son
What’s going on with Saylor to Schiff?! Crypto getting ahead of itself 😅 maybe….
🎥
First 🔥🔥
😃
😂
💰🤑💰
😃😄😁😂😎😎
🤩
🤘🏼😀
😊😊😊😊😊🏆🏆🏆🏆🏆
U still have DUST?
yup
😊
🤑
🤓
😅
😀
😁
🤗
😊
☺
😊
🤗
😊
😎
😊
🙂
😅
😁