Market Continues its Slide from Last Week

Or rather its continued its slide that its been on all year so far.

Last Monday through Wednesday the markets were sliding back in price.  They did not take out the lows on the year before reversing a bit last Thursday and then REALLY popping higher on Friday.

Friday’s surge higher did not erase the losses of last week, but came close.

Today, the markets selling resumed.

Three News Items for July 18. 2022 in the Financial Markets

Alphabet (NASDAQ: GOOGL) Class A and C stocsk are trading now post their 20:1 stock split.  The stock valuation doesn’t change with a stock split, but there can be some expected buying due to the revised price.

That did not happen today as it with many other stocks sold off.

Apple, Inc. (NASDAQ: AAPL) had a report from Bloomberg news come out stating they would slow hiring as well there spending next year and post that news the shares of the stock ended up down 2$ on the day.

Last, sentiment for Home Builders was reported the lowest since May of 2020.

Were any of these three items the catalysts for the drop today?  We would say no. not in and of themselves, but the culmination of all three plus all the other concerns that have been with us this year regarding inflation, rate hikes, global supply chain concerns, etc.

Morning Reports List:  are you Bullish or Bearish?

Take inventory of your market sentiment.

Are you bnullish that the economic reports from last week, like the CPI, are behind us and the Fed should be able to figure out a soft landing for the economy so we go higher or is their a bigger drop to come?

The Morning Reports lists provide data on the activity for both bullish and bearish options.

App: Toms Option Tools

Market Insight articles may show images of lists of stocks meeting a variety of options parameters like Unusual Call and or Put activity or Expensive IV found on my app Toms Option Tools.

Other times I will have other charts may work to amplify my educational points. 

Those options data lists, however, can be found on my app Tom’s Option Tools. Use your device to search up and download this app and get free access to the Morning Reports section of the app.

Other parts of the app are available at a premium subscription rate, but the Morning Reports Lists are yours free.

Disclaimers

Stock and options trading has large potential rewards, but also large potential risk.

You must be aware of the risks and be willing to accept them in order to invest in the stock and options market. Do not trade with money you cannot afford to lose.

This is neither an offer to buy/sell/ or recommend a particular stock or option.

Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been actually executed, the results may have under or overcompensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with hindsight.

No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

Disclaimer of Warranties and Liabilities Tom Gentile and TomsTradingRoom, LLC including employees, consultants, and editors (“Publisher”) cannot and do not warrant the completeness or accuracy of the content found in our areas, or its usefulness for any particular purpose.

Tom Gentile and TomsTradingRoom, LLC also make no promises that our content or the service itself will be delivered to you uninterrupted, timely, secure, or error-free. Under no circumstances will Tom Gentile and TomsTradingRoom, LLC be liable for direct, indirect, incidental, or any other type of damages resulting from your use or downloading of any content on our site.

This includes, but is in no way limited to, loss or injury caused in whole or in part by our negligence or by anything beyond our control in creating or delivering any portion of Tom Gentile and TomsTradingRoom, LLC.

You are agreeing that you bear responsibility for your own investment research and investment decisions. You also agree that Tom Gentile and TomsTradingRoom, LLC will not be liable for any I, investment decision made, or action taken by you, or others based upon reliance on news, information, or any other material published by Tom Gentile and TomsTradingRoom, LLC.

Tom Gentile and TomsTradingRoom, LLC relies on various sources of information that we believe to be accurate and reliable. However, we make no claims or representations as to the accuracy, completeness, or truth of any material contained on our site.

Tom Gentile and TomsTradingRoom, LLC are educational portals, providing content for educational and informational purposes only. Neither Tom Gentile nor TomsTradingRoom, LLC are a broker/dealer. Investors need a broker to trade stocks and options and must meet certain requirements. All securities, futures, and investments data and ideas are offered to self-directed investors. All prices in USD unless noted otherwise.

A full disclaimer can be found here:  http://www.tomgentile.com/legal_disclaimers.html.