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The latest insights from our team, updated daily ...


May 13, 2024

China ramping up Gold Buying

BY BILL GRIFFO May 13, 2024China Is Buying Gold, Sending Prices to Record Highs – The New York Times (nytimes.com) Beijing is buying up gold to diversify its reserve funds and reduce its dependence on the U.S. dollar, long considered the most important currency to hold in reserve.  China has been reducing its U.S. Treasury holdings for more…

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May 13, 2024

The Long Weekend

BY ANDREW GIOVINAZZIMay 13, 2024Yo Pit Crazies, If you have not signed up for Licia Leslie’s Prima Pitchfork class do so here. The weather is warming up in Maine and the clammers are back.  This fellow will get $2.50 per pound pulling out 5 50lb (bushel) bags in a session.  For those light on clamming info, check…

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May 12, 2024

VIX drops to another 30 day low

BY ANDREW GIOVINAZZIMay 12, 2024Hey OP Crew, AG’s alter-ego Vol Man here with my weekly analysis. As usual, I will start with my last forecast… If some of my Option Volatility Jargon is vexing, our Glossary is here. Last Week:  “This is a very light news week.  I expect a little pullback in stocks once the news on the…

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May 12, 2024

Quiz Bowl and CPI

BY MARK SEBASTIAN May 12, 2024Hey Traders, In today’s video: we’ll do quick rundown on what I think is happening with CPI Quiz Bowl https://optionpit.com/wp-content/uploads/2024/05/IMG_0871.mov Your Only Option, Mark Sebastian 

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May 12, 2024

Chart of the Week: Alcoa Corp (Ticker: AA)

BY LICIA LESLIE May 12, 2024https://youtu.be/26N0ZEG9aeU Thanks for Reading … See You Next Tuesday,Licia Leslie

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May 12, 2024

S&P 500 Pull Back?

BY LICIA LESLIE May 12, 2024Hi Shoppers, The S&P EMini Futures (Ticker: ES1!) could not trade over my pitchfork resistance on Friday. If fact they traded right up to my parallel line and rolled lower by $30 before recovering: Friday’s price action did create a change in trend candle called a shooting star. If we open and trade lower…

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Profits in Pumps

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Trader's Edge

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S&P 500 Pull Back?

Licia Leslie

BY LICIA LESLIE May 12, 2024Hi Shoppers, The S&P EMini Futures (Ticker: ES1!) could not trade over my pitchfork resistance on Friday. If...

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Revisiting AA

Licia Leslie

BY LICIA LESLIE May 10, 2024Hi Shoppers, I am revisiting Alcoa Corporation (Ticker: AA). If you remember, I talked about the cup and...

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