“Catalyst Week” 2024!
Geeks of Finance Geeks of Finance

“Catalyst Week” 2024!

As the election approaches, the VIX appears ready for a spike, yet we also see several stocks and indices poised for a possible rebound. Which is correct? Are both correct, but on different timeframes?

Read More
Setting The Stage For Year-End 2024
Geeks of Finance Geeks of Finance

Setting The Stage For Year-End 2024

SPX closed 10 points lower than it did for the week ending September 23, also its 2nd down week in a row. Are we heading for an election low point or will we rally for a couple of days and then head lower? Will the election even serve as a pivotal juncture?

Read More
Trick Or Treat? Looks Bleak…
Geeks of Finance Geeks of Finance

Trick Or Treat? Looks Bleak…

The market decided to gap down this morning following MSFT and META earnings, and AAPL and AMZN have fallen further after hours on their own reports. Seasonality happens..

Read More
One More Pump?
Geeks of Finance Geeks of Finance

One More Pump?

We are in the thick of earnings reports for big tech names, with MSFT and META (“the Ms”) reporting after hours today. Tomorrow evening we have AMZN and AAPL (“The A’s”) reporting. Are we really going to chop sideways until Friday?

Read More
Go Time: Big Tech Earnings
Geeks of Finance Geeks of Finance

Go Time: Big Tech Earnings

GOOG, SNAP, and AMD have now reported, with GOOG and (amazingly) SNAP both going up quite a bit after hours and AMD dropping. What do the indices look like heading into tomorrow?

Read More
Seasonality Revisited & More
Geeks of Finance Geeks of Finance

Seasonality Revisited & More

The market seems to be taking a pause prior to big tech earnings this week, which is to be expected, but in today’s newsletter, we look at potential clues that may point toward the post-earnings resolution for the market.

Read More
Divergences & Potential Opportunities
Geeks of Finance Geeks of Finance

Divergences & Potential Opportunities

Friday was highly unusual in terms of recent history, with SPY down and QQQ remaining in an uptrend with a green day. Is this a bad sign for big earnings reports coming up this week or just another trap?

Read More
Lower We Go! How Long, How Far?
Geeks of Finance Geeks of Finance

Lower We Go! How Long, How Far?

We finally saw the 5762 SPX we’ve been waiting for, and the VIX spiked to 20. Is this the end of the pullback or just the beginning?

Read More
Decision Time Is Near
Geeks of Finance Geeks of Finance

Decision Time Is Near

Another gap down today, but the cash session was positive from the opening price. The VIX saw unusual volume at 13 as well. Is this the beginning of the next leg higher, or a trap for early dip buyers?

Read More
Earnings Season Jitters?
Geeks of Finance Geeks of Finance

Earnings Season Jitters?

With certain key levels breached, SPX’s bullish tilt is at risk of failing, but we still managed to find good setups for the intraday and longer dated time frames.

Read More
Onward & Upward- For Now
Geeks of Finance Geeks of Finance

Onward & Upward- For Now

GEX once again led us toward an accurate picture of how we would end with week, with SPX falling short of 5900, with 5875 being the largest GEX cluster Friday (the high was 5878). Will we finally hit it this week, and what comes next?

Read More
Approaching Earnings…And Resistance
Geeks of Finance Geeks of Finance

Approaching Earnings…And Resistance

The market has climbed the proverbial wall of worry, but with monthly option expiration coming this Friday, now we get to see if big players plan to catch anyone offsides as we approach strong resistance and a VIX with a positively shifting GEX structure.

Read More
Nearing An Inflection Point
Geeks of Finance Geeks of Finance

Nearing An Inflection Point

The market has climbed the proverbial wall of worry, but with monthly option expiration coming this Friday, now we get to see if big players plan to catch anyone offsides as we approach strong resistance and a VIX with a positively shifting GEX structure.

Read More
Waiting For Friday?
Geeks of Finance Geeks of Finance

Waiting For Friday?

The market couldn't decide what to do today, so we look toward a possible Friday move to finish off a positive week.

Read More
Upside Path Chosen. Permanent Pathway Or Pyrrhic Victory?
Geeks of Finance Geeks of Finance

Upside Path Chosen. Permanent Pathway Or Pyrrhic Victory?

CPI and Jobless Claims have potential to ignite a rally to upper Keltner resistance, but we might also see a pullback soon, perhaps entirely premarket. We can't predict exact timing, so we need to have an eye toward caution despite the bullish move.

Read More
FOMC Blast-off Or Blues?
Geeks of Finance Geeks of Finance

FOMC Blast-off Or Blues?

GEX didn't lead us astray today, and we also got the pop we were looking for after yesterday's drop. With a conga line of Fed speakers tomorrow and FOMC minutes, what's next? Today may have given us some clues.

Read More