Tom discusses the latest Federal Reserve move to hike interest rates for the first time in 3 years. He also discusses and huge volatility after the announcement, including the massive rally into the close. Was it the Fed move or was it options related? Find out what Tom thinks about it. Then he wraps the show up with the 3 You Must See.
Tom highlights both the S&P 500 and NASDAQ 100 before tackling sentiment, where he believes we really need to see more put buyers. The lack of bearishness in the options world is problematic and could be the trigger that unleashes an avalanche of selling. Tom wraps up the show with the 3 Yo...
Tom discusses the February CPI report and the upcoming Federal Reserve meeting, and analyzes charts to prepare for Wall Street’s reaction. He then reviews candlesticks, which help him identify breakouts vs. false breakouts. Tom wraps up the show with his 3 You Must See.
Tom highlights the bearish action from Monday and discusses a few key bear market drivers that will likely keep significant pressure on the bulls. Despite oversold conditions, the S&P 500 suffered its worst day since October 2020 and Tom highlights the likely repercussions. He wraps up the ...
