A Golden Opportunity or Just Fake Gold?
It was easy to get snookered as a kid when someone showed you iron pyrite. You know, the stuff that looks like gold but isn’t. It’s golden color and shiny but not exactly the same as the real thing. Today’s option activity suggested some potential upside in the metal and metal stocks in particular, but…
SEC & PYPL Boyz Take the HOOD
News from SEC and Paypal Holdings Inc (NASDAQ: PYPL) caused panic selling in Robinhood Markets Inc (NASDAQ: HOOD). As Support.com, Inc (NASDAQ: SPRT) reaches its terminal velocity, the options market is lining up it's list of candidates for the next short squeeze..
After SPRT, Who’s Next on the UOA ‘Short Interest' List?
If there is theme that has played out repeatedly in 2021 that is the short squeeze. Some of the names that have seen huge price surges have been Gamestop Corp (NYSE: GME) and AMC Entertainment Holdings (NYSE: AMC). The most recent player in this high-risk game of chicken is Support.com, Inc (NASDAQ: SPRT) In this…
Game Changing Rally?
—Fed ignites rippin rally on dovish tone—Bonds played little role in the rally—SPX ends week dead-on upper EM—Russel decides Jerome Powell is a Demigod Volatility abnormalities--—1 year implied volatility screams risk—short term imp vol crushed— realized vol still dead—skew sky high Trade Opportunities--—premium selling continues to dominate—volatility crush opens up vix trades—Chinese markets SPX Expected…
Pullback Plays in Motion ahead of Federal Reserve Annual Meeting
We're getting our sell-side activity and "pullback from all-time highs" today as the market prepares for Friday's potential volatility from any major headline from the Federal Reserve's Annual Meeting and speech by the Fed Chair. In tonight's video we pinpoint the key focal trading levels and go outside equities to trade Crude Oil, Bonds, and…
Are the Markets Paralyzed with Fed Induced Fear?
Trading volume remains lows as market participants wait for the Jackson Hole meeting. The SPX is very close to the upper end of the weekly expected move. With Jerome Powell's talk Friday morning the market is at risk of exploding over the expected move or backing off…
Setting up a Snapback from All Time Highs
This time was not any different than the last six pullbacks that set the stage for a quick rally back to all time highs in the SP500 but if this time is like the others, then we're setting up our seventh pullback swing of 2021. Still the small cap Russell 2000 RTY lags behind in…
Bonds Aren't Buyin' the Bull but Semiconductors Are
Bonds aren't buyin' the bull as the S&P 500 stretches for another all-time high. Semiconductors see option activity explode to start the week as auto manufacturers look to cut production…
Will Fragile Markets Fold Under FED Taper Talk?
Market Breakdown----All time high to breakdown and back--Intraday Ranges/Realized vol explodes--Bonds on the back burner--Call volume explodes as retail fights back--Oil indicative of the economy to come?--Dollar on the verge of breakout--China Big Price Action----financials--energy--tech holding it together--MSFT, NVDA -- gamma gone wild FED----loud and clear, we have taper talk--Jackson Hole SPX weekly EM vs…
Here's our Pullback but Will This Time Be Any Different?
Stocks sold off this week on "Fed Taper" headlines but in tonight's video, we highlight six to seven similar pullbacks in the 2021 market and what the outcome was then. Will this time be different and should it? Find out as we study what key levels we're pinpointing in tonight's video…
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