Even with earnings kicking off, trading activity this week has been remarkably quiet. Alex and Tyler review some of the key lessons shared in the StockChartsTV Special: “Embracing Volatility” and how we as investors can profit from volatility compression and trading in the direction of the break – whether for trend continuations or reversals. US Dollar ($UUP) Treasury Rates ($TNX) and even US Oil ($USO) are showing consolidation at support/resistance levels. The direction of trends will be determined by price activity at these key levels. Diving into the sectors of the S&P 500 on a relative strength basis shows that the bifurcated market remains. Leadership from XLK and XLC is contradicted by strength in defensive sectors like Healthcare (XLV), consumer staples (XLP) and utilities (XLU). Important moment as well for FCX as the industrials and materials companies begin to show signs of “construction.”

00:00 Intro

01:27 S&P 500 ETF Trust (SPY), 10-Year Treasury Yield ($TNX), US Dollar Index (UUP)

09:50 Gold Trust (GLD), US Oil ETF (USO), Bitcoin to US dollar ($BTCUSD), Technology Sector (XLK)

19:15 Health Care Sector Fund (XLV), DENTSPLY (XRAY), Freeport-McMoRan (FCX)

26:42 Eli Lilly & Co. (LLY)