Goldilocks Markets or a Wrecking Ball of Risk?
Market update——Bullish grind goes on—Options/futures volumes decline—SPX hits upper edge of EM—EM on indices and sectors Bonds behaving badly--bond impl vol and IV Rank--bonds suffice for a premium sale Financials smoke earnings and slop around! Dichotomy of market opinion——Cathie Wood Buys 350 million COIN—David Einhorn says markets are broken—crypto goes mainstream VVIX continues its assent…
Did the Coinbase Debut Tank Markets?
COIN direct lists (IPO) coincides with a reversal in the NASDAQ today. The great rotation game continues as the Russell rallies while the NASDAQ moves lower. Here's what to look for in the remainder of the week…
Will Bank Earnings Shock Markets?
A quiet market today, but don't let that fool you. Bank earnings are on deck and with the heavy volume in the bond market it might be foreshadowing a big move in the financials. Here are the kinds of trades I'm looking at this week in financials...
Who Buys the All-Time High?
Who Buys the All-Time High? Shorts SqueezedRetirement FundsCall BuyersBona Fide HedgersRetail Investors Bonds lost their mojo this week VIX call Spread Buyer may not be a bear! We smashed expected move SPX Expected Move--last week EM-- 57.96--next week-- 57.96 expected move
Good Thing We Are Selling Options Premium...
It's been a great time to sell options premium as the market has flat lined in the last 2 trading days. Theta decay has really kicked in and we have been doing well in our Ultima TheoTheta portfolio.
Bullish Hubris at All-Time Highs?
The S&P hits new all time highs as major stocks hit the edge of their expected move for the week on day 1. Here's the opportunities to watch for the rest of the week…
Traders Aggressively Ignoring Risk?
All-time Uncertainty at Market Highs!Everything is up! Except it’s not!Volatility Crushed in SP500VVIXMassive Contago /VXRussell/NASDAQ Volatility holding upBonds Bid with Financials Bid? Correlation Chaos -—metals—oil—crypto—SP500—dollar—inflationat a loss for words?Nope... we lost an asset class, thanks FED SRVIX seeing near record highs Traders aggressively ignoring risk—Whang up in Flames? Buy it!—low returns makes funds do horrible…
Resilient Markets Brush Aside Bill Hwang
Stocks sell off in the morning and rebound by the close after a big fund blows up. The headline news doesn't tell the whole picture. Here's what you should keep an eye on for the remainder of this shortened trading week…
Are Bonds Markets Still Running the Show?
--Last minute upside gamma squeeze--Bonds still running the show?--Expected Moves in IWM, QQQ, SPY--Correlation kicked in... --Trade Setups- XLF, XLE, Tech SPX Expected Move--last week EM-- 75.81--next week-- 59.65 (4 day week) expected move
Are NASDAQ and Russell a Sign of Things to Come?
Bonds continue to rally sending interest rates lower. However, for the first time we are seeing the NASDAQ and the Russell lower despite the bond rally. Is this a one off or is something more dangerous about to happen?
Recent Comments