Tech, Retail, and Energy are On the Move – Weekend Watchlist Video

BY MARK SEBASTIAN 

September 23, 2023 

Hey Trader,

 

Hope you are having a great weekend. Today I’m back with another watchlist for you…

 

I’ve got some tech, retail, and energy on the list and some opportunities set up in VIX that you won’t want to miss.

 

Scroll down to see the full Weekend Watchlist and video…

Watchlist

 

  • The bond market has signs of trouble with a massive sell-off. TLT (bond ETF) experienced a significant price drop between the 20th and 21st.
  • Gold (GLD) struggling to break above $180… and it doesn’t seem ready for a breakout yet.
  • Amazon (AMZN) stock dropped from $145 to $130 recently.
  • Apple (AAPL) stock has support at $173-$175.
  • ExxonMobil (XOM) and other oil stocks are facing challenges.
  • Conoco Phillips (COP) is one of my favorites among energy stocks.
  • Devon (DVN) stock plummeted since the beginning of the month. I’m watching for a potential buying opportunity around $44 for Devon.
  • Monitoring the VIX (Volatility Index) for signs of market risk… right now, VIX has a partially flat yield curve.

 

Check your email tomorrow because we are dropping a free trade in a specific place on Monday and I want you to find out how to get it. 

 

Your only option,

Mark Sebastian

Mark Sebastian

Founder & CEO, Option Pit

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Mark Sebastian

Mark Sebastian

Mark Sebastian is a former member of both the Chicago Board Options Exchange (CBOE) and the American Stock Exchange (AMEX), where he spent years mastering the art of options trading in the most competitive environment imaginable. As Chief Investment Officer at the hedge fund Karman Line Capital, Mark manages sophisticated options strategies for institutional clients. He is the author of two highly regarded books on options trading: ‘The Option Traders Hedge Fund’ and ‘Trading Options for Edge.’ Mark is a frequent guest on major financial networks including CNBC, Fox Business News, Bloomberg, and First Business News, where he provides expert commentary on market volatility and options strategies.

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About the Author

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Former CBOE floor trader and CIO at Karman Line Capital. Author of ‘The Option Traders Hedge Fund’ with over 30 years of options trading experience.

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