-Gamma squeeze + short squeeze -Moves higher are not what they appear -FED, ECB more hikes ahead -CPI, PPI, Jobless claims -SPX EM upside shattered -Pposition updates SPX Expected Move -Last Week - 65.29 (expected move 5 day week) -Next Week - 50.91 (expected move 4 day week)
In today's video we look at the European Union Rate Hike and compare the differential between the U.S. and European Central Bank short term rates. In addition, we identify the direct correlation between dollar weakness and U.S. equity strength and estimate the next move in both the U.S. dollar and U
Fed pauses as expected, but then surprises the market with their expectation of 2 more rate hikes by the end of the year. They also increased their GDP estimate and lowered their unemployment expectation. Good economic news should be bullish, right? Here is the key level to watch for the remainder o
We had cooler inflation data in this morning's CPI report, setting the stage for a pause or "no change!" in the Fed Funds Rate at tomorrow's meeting. But what will Powell say about the future of inflation and whether there will be a rate hike in July? That'll set the stage for the next month
Retail traders are back after a hiatus and they're just in time to bid the markets higher ahead of key inflation data and the FOMC policy statement. Sure it's risky, but time will tell if it pays off or if it's a replay of the 2022's version of the strong and the weak. Fact is,
- NQ finished the week FLAT! - Mega market cap squeezes invert IV skew - IV SKEW near record highs - Will FED place its PAWS on the markets? - The triple witch returns will volatility? Get your trade on - This week's Profits and Losses - Closed META bearish put spread - Closed /ES
In today's video we discuss economic revisions and how they show the true state of the economy and how the revisions are both justifying more rate hikes while also signaling a shift in consumer spending. We also look at selling high end stores and restaurants while buying discount store and fast foo
Tech sector rattled while energy and financial stocks rally. After a massive run up in tech everyone in scrambling at once to rotate out of tech and into other sectors. Here's what to look for to see if the rotation will continue...
While the NASDAQ (tech stocks) and SP500 were "massively unchanged" (flat) today, there were some key surprises both in the small cap index Russell 2000 (RTY and IWM) along with some surprising stocks showing relative strength by making even more fresh new 2023 highs. Where are the pockets of surpri
