Wendy Kirkland’s Market Watch

Stocks started the week with a lot of back-and-forth movement, as the major market indexes (the Dow, S&P 500, and Nasdaq) swung up and down on fresh headlines tied to the Iran conflict.

When markets are reacting to developing news, “volatility” often increases—meaning prices can change quickly, even within minutes, as investors constantly re-price risk. In the update, the S&P 500 remains near record highs, but a few longer-term signals still look mixed. For example, the commentary notes that one momentum gauge (the PPO) is still near or below zero, which can be a sign that a recent upswing may not be fully established.

Let’s start the week out by looking at trade examples in the SPY. We’ll take a look at what is going on this morning, a great indicator that is effective in this situation, and why the SPY is an excellent choice for trading options.

Stocks started the week with a lot of back-and-forth movement, as the major market indexes (the Dow, S&P 500, and Nasdaq) swung up and down on fresh headlines tied to the Iran conflict.

When markets are reacting to developing news, “volatility” often increases—meaning prices can change quickly, even within minutes, as investors constantly re-price risk. In the update, the S&P 500 remains near record highs, but a few longer-term signals still look mixed. For example, the commentary notes that one momentum gauge (the PPO) is still near or below zero, which can be a sign that a recent upswing may not be fully established.

Market Update: Snow Day Edition Hey everyone—sorry this is a day late. We got slammed with a big snowstorm and…