Friday, March 20, 2026 - Tony's Pre-Market Playbook
Struggling to Sustain — Friday Test Aheadby Tony Rago We’re heading into Friday with the same theme — rallies just can’t stick. Price continues to fade strength, and now the focus shifts toward a potential 6600 test on ES, with yesterday’s low lining up as our overnight floor. That level matters because it’s where buyers…
Gold and Dollar Crash Together
Just identified a warning signal that stopped me in my tracks. Gold has dropped nearly $1,000 from its highs in three weeks. The dollar lost 0.68% today alone. Both are selling off at the same time. That combination is rare and dangerous. Gold is your inflation hedge. The dollar represents your purchasing power. When both…
How Options Can Time the Short Squeeze
Hey trader, Stocks with high short interest see some of the most dramatic price spikes you'll ever see. However, most stocks with high short interest never get that pop. Or if they do, it's long after it's fallen off your radar. The trick isn't knowing there is fuel (short interest) for the fire. It's knowing…
The Slope Will Make or Break Your Wealth
Hey trader, Procter & Gamble went vertical off a rotation trade this quarter. Managers panicked out of tech, piled into consumer staples, and ran P&G straight up without a single thought about valuation. Now, that stock is rolling over. The traders who chased it are watching their gains evaporate because they have no exit plan.…
Thursday, March 19, 2026 - Tony's Pre-Market Playbook
Below the Weekly — Pressure Buildsby Tony Rago More weakness stepping in here as we trade below the weekly open — a level that often acts as a directional pivot for the broader session. Holding below it keeps sellers in control, reinforcing the current “sell-the-rally” environment. Crude continues to lean on the indexes, adding…
We Haven't Hit Bottom Yet
The S&P 500 closed down 111 points today in what I call a full court press. Sell side activity hit across the board with a high degree of correlation inside the index. The dollar ripped higher. There was nowhere to hide. But here is the part that should keep you up tonight. The S&P 500…
Fed Day, Negative Gamma, and 3 Setups That Could Explode Today
I just wrapped my segment on Schwab, and I had to get this out right as the Fed makes its announcement. Fed Day. Zero rate expectations. And the S&P is sitting on a gamma time bomb. Here's what nobody's talking about: dealers are sitting in negative gamma right now. That means if the market starts…
How Pros Are Buying Gold Into the Drop
Hey trader, Volatile sectors freeze most traders in place. Prices are swinging, headlines are loud, and the instinct is to wait until things calm down. Institutions do the opposite. They use the volatility to position with defined risk, and the structure of the trade tells you exactly how much conviction they carry. Gold dropped 2%…
Wrong Tool, Wrong Tape, Wrong Result
Hey trader, There are two types of entry signals: One fires when price hits a level. The other fires when price accelerates through a level with volume behind it. Far too many people assume they’re interchangeable. That assumption costs money on days when the tape shifts from momentum to chop and back again within the…
Wednesday, March 18, 2026 - Tony's Pre-Market Playbook
Hot PPI — FED Day Playbookby Tony Rago PPI came in hot this morning, and the tape reacted exactly how you’d expect — pressure right out of the gate. NQ bulls have been putting in serious work lately, but the issue hasn’t been the push higher… it’s the inability to hold those rallies. That’s a…