BY ANDREW GIOVINAZZI
July 18th, 2025
Yo Pit Crazies,
“Andrew, you cannot be serious!” — Oh, but we are.
We just heard Hans speak last night about the AI revolution and its impact on trading over the next 6 months. His approach couldn’t be more dialed in for this moment.
Markets are inching toward all-time highs at a pace slower than an ice cube melting in the shade. It feels like time is frozen — and there’s nothing anyone can do about it.
But is AI really just… sitting still? Is innovation hitting pause?
Only one way to find out — let’s jump in.
The VIX futures are still not moving
Below is a chart of the iShares Barclays S&P 500 VIX Futures ETN (Ticker: VXX). As you can see, it hasn’t moved much over the past two weeks. Interestingly, VXX — which currently holds VIX futures contracts for August and September — has remained relatively flat since July 9th, the date of the last trade deadline. The only notable movement came when President Trump floated the idea of firing Fed Chair Jerome Powell.
10 day VXX chart
Don’t expect much movement from VXX until August 1st — unless another “Trump balloon” gets floated. Price action still matters, and market volatility isn’t going away quietly.
If you’re looking for a trade that’s not tied to the broader market grind, take a look at what Hans is doing. The AI revolution is still very much alive — even if the volatility market wants to hit pause for a bit.
To Your Trading Success,
AG
