What if the most important signals in the market don't happen during the trading day at all — but instead occur after hours, when institutions are quietly positioning and leaving behind clues about where price is likely headed next? → See The Signals

Bad News for Economy is Good News for Markets

–Jobs report- horrific, BUY IT!
–lockdowns, BUY IT!
–Low volume
–Liquidity concentrations continue to grow
—-options flow moves several stocks
–Bonds take center stage after months of nothing!
—-Rates to far too fast?

What’s working and what’s not-
MU
TSLA – vol will collapse
INTC
GS – do more of what works
MSFT
CAT – take the good with the bad

Do I want to be long?
IWM
XLE
MJ
XOP
F
GE

SPX Expected Move
–last week– 70.49 (expected move)
–next week– 64.56

Don Kaufman

Don Kaufman is options trader and educator. Former CBOE market maker, former Chief Derivatives Instructor at thinkorswim, and former Director of the Trader Group at TD Ameritrade. In 2015 he co-founded TheoTrade to teach traders how volatility, probability, and risk really work.

More about Don Kaufman

	Today
09.00	Don Kaufman \| Pre-Market Prep \| FREE SESSION 09.20 09.30 Don Kaufman \| Early volatility 09.20 10.30
09.30
10.00
10.30	Jeff Bierman \| Market structure 10.30 11.30
11.00	Jeff Bierman \| Market structure 10.30 11.30
11.30	Brandon Chapman \| Ghost Hour 11.30 12.30
12.00	Brandon Chapman \| Ghost Hour 11.30 12.30
12.30	Gianni Di Poce \| Macro overview 12.30 13.15 Elizabeth \| Price Action 13.15 14.00
13.00
13.30
14.00	Corey Rosenbloom \| Options tactics 14.00 15.00
14.30	Corey Rosenbloom \| Options tactics 14.00 15.00
15.00	Blake Young \| Market wrap 15.00 16.00
15.30	Blake Young \| Market wrap 15.00 16.00