Will Markets Hold it Together Till Year End?

2 Comments

November 27, 2020

  • economic picture decaying
  • lack of stimulus
  • unemployment benefits dropping off
  • retail sales?
  • rona numbers exploding/lockdowns
  • markets have decoupled from economics

What’s hold markets together —

  • Russell, Financials, Energy? My take, this is a dangerous rotation based of buying losers at year end.
  • Monsters of Tech? - underperforming, it’s all Tesla.
  • Upper edge of EM's all over the place!
  • Vol to pick up in the coming weeks
  • Trade Ideas -
    INTC
    IWM
    VIX

SPX Expected Move

  • last week - 67.39 (expected move)
  • next week - 70.49
Spread the love

2 Comments

  • RON

    November 28, 2020

    Why not just trade the /VXM instead of your 4 legged spread. The VIX call spread +40c -65c
    That's a long walk to make money.
    I love all the contrarians that discount news. That's all you talked about and it overrides all the technical analysis. I agree that the market will have a correction but not now. This vaccine which you discounted will put the global economy back on its feet. That is the certainty that the market loves. And yes, Yellen is another positive interpreted by the markets.

  • Fernando Hanselmann

    November 28, 2020

    Hi,
    thanks for the video !

    I would like to ask, if someone can explain the red and blue ballots on the EM charts.

    Thanks and best Regards
    Fernando