THE WEEK AHEAD: (WHAT THERE IS OF IT) - KRE, GDXJ, EWZ, XOP, VIX

With the shortened holiday week, I'm not expecting much out of the market in terms of volatility, so don't anticipate on putting on anything unless we get some exogenous event pop in the VIX.

However, there are a few that might be worth working possible setups in:

KRE (regional banks), with an implied volatility rank of 60 and an implied volatility of 22.
GDXJ (junior gold miners), uber low rank, but still decent background of 27.
EWZ (Brazil), 39/33.
XOP (oil and gas), 36/33.

I'll post trade ideas in those separately if anything looks potentially fruitful in those.

With VIX trundling along here at sub-12 levels, broad market looks subdued from a volatility standpoint, something that's likely to remain in place as the Senate end of tax reform is can kicked to after the Thanksgiving holiday recess ... .
Beyond Technical AnalysisEWZGDXJKREXOP

Haftungsausschluss