Markets Morph into Monopoly Money

Market Overview–
–Bad news Bears: Insanity prevails
–NQ catches fire
–Upside SPX Expected Move!
–Internals breakdown, A/D? What A/D

Options Bubble Goes On…
–GME makes markets look like Xbox with money
–call buyers target tech, MSFT, AAPL, FB

SP500 Rally on Hold
–SP500 needs the financials in order to continue to popagate gains
–Energy takes a hit

Tech Earnings
–the week that matters — Monsters of Tech reveal
–good numbers already price in?

TheoTheta
–allocations center around NASADAQ rally
–Theta keeps coming!
–new inventory, lower vol?

SPX Expected Move
–last week– 82.50 (expected move)
–next week– 73.48

Clean up your risk people!

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