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– 64.02 (expected move)
–next week– 49.96

More from TheoTrade

S&P 500’s Hidden Bear Market

Why I’m Betting Target Is Next To Fall

A Bullish Trade For Bearish Reasons

Friday, October 2, 2026 – Tony’s Pre-Market Playbook

Where Scared Money Goes Next

How Put Buying Can Send a Stock Higher


Most Recent

S&P 500’s Hidden Bear Market
Why I’m Betting Target Is Next To Fall
A Bullish Trade For Bearish Reasons
Friday, October 2, 2026 – Tony’s Pre-Market Playbook
Where Scared Money Goes Next

Get educational market insights sent right to your inbox.

As Seen In