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January 4, 2024

Market just likes one-half percent ranges?

BY ANDREW GIOVINAZZIJanuary 04, 2024Yo Pit Crazies,Merck and Co. (Ticker: MRK) spend most of 2023 going down.  At the end of 2023 into 2024 there was a new change in tone.  Let’s call it a drug fueled rally.  It made a nice candidate for the Easy Trade Button and even spending the day skiing I…

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January 3, 2024

Bigly rotation out of tech but will it last?

BY ANDREW GIOVINAZZIJanuary 03, 2024Yo Pit Crazies, 0DTE trading class kicks off today and I hope everyone who was interested was able to join. This was a crazy one day candle for -1 Short VIX futures ETF (Ticker: SVIX).  As much as the market looked ugly Tuesday morning, it did not stay that way.  VIX futures opened…

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December 29, 2023

Jan 2024 will be a light month on news

BY ANDREW GIOVINAZZIDecember 29, 2023 Yo Pit Crazies, The Trading Desk had a great year.  Check out the trades and records here  If you buy a Trading Desk subscription you might be able to sneak into the ODTE trading class if there are spots open. I have to give the Fed some credit, they manage to stretch their…

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December 27, 2023

ODTE options will make a bigger move in 2024

BY ANDREW GIOVINAZZIDecember 22, 2023 Yo Pit Crazies, If you want to ride the January Wave with Mark and Licia for 0DTE options, sign up here. I am happy to explain a couple things why the 0DTE options are so popular.  The big word is gamma.  I hear people all the time try and simplify what you mean…

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December 22, 2023

CHWY takes a bite out of the market

BY ANDREW GIOVINAZZIDecember 22, 2023 Yo Pit Crazies,Mark and Licia go hard tomorrow to teach the people about 0 DTE options. Learn how to use them the right way. When ARK funds Tech and Innovation fund (Ticker: ARKK) can make a recovery, any stock can make a recovery.  One of the most liked stocks was Chewy Inc…

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