The Trade Driving Markets Higher
Trader Geek Speak --SKEW is extreme - index puts pricing big boy tail risk --no signs of correlation --Bonds drop driving rates higher --SPX rips through upper expected move --Gamma risk driving SPUZ in a perpetual trade to the upside --infuential productsSPX, SPY, VIX, TSLA, AAPL SPX Expected Move ----last week-- 60.05--next week-- 62.16
The Trade that Rocked the Markets
Stocks go on roller coaster ride today helping us get out a few profitable positions. The real news of the day though was bonds and gold that suddenly got rocked thanks to the Fed. Here's what to look for now that we are back in the Vomma Zone...
Upside Market Chaos Continues!
Markets continue to be dragged higher by a few stocks that have gone parabolic. Where most of the volume has dried up in the market it has all gone to these few underlyings. Here are the 2 strategies I'm using to play this risk in the market. One gives me consistent 30% gains and the…
Bifurcation and the Death of Diversification
QQQ and the hedge that saved my bacon--yes I am still short but hedges have helped Long is dangerous and hedging is tough--even a tail has RISK! Expected moves and the great bifurcation--QQQ, SPY, IWM, XLE, XLF Diversification is DEAD!--NASDAQ 100--SP500--EEM--Low Beta does not constitute low risk--Where are you gonna go? SPX Expected Move--last week--…
A Mild Sell-0ff or a Warning Shot?
Stocks selloff mildly today as many traders are looking at the S&P potentially being at a double top. Here's a trade Don did today that for very little money gives you a huge reward if there was a big sell off by the end of the year…
Insanely Low Volume with Markets at Highs
Markets continue to grind higher on the back of fewer stocks. Tonight Don will show you which sectors to keep an eye on this week. Volume today was very low as TD Ameritrade was down for most of the trading day in the biggest and longest outage in the firms history.
Big Bond Traders are Back
Bonds on the move-- Rates move higher, XLF stalled-- Buying bond volatility-- Utilities- get ready to move people SlopFEST!-- A/D line rising with markets falling Backspreads and Gamma Irons --- Long Gamma and Vol-- IV buyer - Long Gamma-- IWM, LULU, SPY, GLD-- NFLX SPX Expected Move--last week-- 63.05 (expected move)--next week-- 64.02
Making New Highs on Bad Economic Data?
Tech stocks drive the markets higher today while giving the financials rally a rest. Here's a trade I put on today in one of the tech behemoths…
Bifurcation Begins to Pull Markets Apart
While stock indices were down today the markets saw a 50/50 advance/decline line. The rotation game continues this time out of tech into financials. Bonds, gold, and silver all had their biggest declines in some time. Here's what to expect the rest of the week…
Return of the Bidless NASDAQ Beast
SPX - spot on the Weekly Expected Move Russell is a rockin' in the rotation game Bond Volatility is DEAD - it's gamma time! Could bonds sell off? Reflation trade back in style? FB - Skew inverts as retail comes pouring in VIX & VVIX --- buy volatility on volatility, if only volatility is low…